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2031 W 7th Ave; Gary, IN Property Details

2031 W 7th Ave, Gary, IN is a Single Family that was built in 1941. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 2031 W 7th Ave has 2 bedrooms, and 1 bathroom, and a total of 2,376 square feet. The lot size of 2031 W 7th Ave is 8,886 square feet.

Off market
2031 W 7th Ave Gary, IN 46404
$30,000 Listing Price
2 Beds
1 Baths
2,376 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1941
  • Purchase Price: $5,616
  • Est. Equity / %: $172,000 / 100%
  • Gross Yield: 12.14%
  • APN: 45-08-05-458-001.000-004
  • Situs County: Lake
  • Length Of Ownership: 6 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,376/SqFt
  • Lot: 8,886/SqFt
  • Gross: 3,844/SqFt
  • Garage: 280/SqFt
  • Living: 2,376/SqFt
  • Basement: 1,188/SqFt
  • Building: 3,844/SqFt
  • Ground: 1,188/SqFt
  • Price Per Square Foot: $2.36

Legal Description

  • Description: GARY LAND COS. 4TH SUB. L.1 BL.7
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gary Community School Corporation
  • Lat / Lon: 41.59813 / -87.362656
  • Subdivision: Gary Land Cos. 4th Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1409
  • Bathroom Fixtures: 5
  • Cooling: None
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

2031 W 7th Ave has no associated ownership info
2031 W 7th Ave has no associated ownership info.

Taxes

2031 W 7th Ave has 10 associated Taxes items

2031 W 7th Ave, Gary, IN pays taxes in Lake County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $95,100. The APN we've located for 2031 W 7th Ave is 45-08-05-458-001.000-004.

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Taxes
  • Assessed Value:  $95,100
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-05-458-001.000-004
  • Assessed Land Value:  9800
  • Market Land Value:  9800
  • Tax Amount:  2137.8
  • Tax Year:  2024
  • Market Value:  95100
  • Market Year:  2025

Tax History

2031 W 7th Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $95,100 Land Value $9,800 Improvement Value $85,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,137.8 Change Rate -0.705745% Assessed CR Tax Rate
Year 2023 Assessed Value $82,400 Land Value $10,300 Improvement Value $72,100 Tax Amount $7,265.13 Change Rate +8.389627% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $773.74 Change Rate +0.000026% Assessed CR Tax Rate
Year 2021 Assessed Value $30,200 Land Value $6,600 Improvement Value $23,600 Tax Amount $773.72 Change Rate -0.883691% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $75,500 Land Value $6,600 Improvement Value $68,900 Tax Amount $6,652.3 Change Rate +3.525374% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $70,500 Land Value $6,600 Improvement Value $63,900 Tax Amount $1,470 Change Rate -0.030036% Assessed CR Tax Rate +0.020851%
Year 2018 Assessed Value $68,600 Land Value $6,200 Improvement Value $62,400 Tax Amount $1,515.52 Change Rate +0.011628% Assessed CR Tax Rate +0.022092%
Year 2017 Assessed Value $69,300 Land Value $6,200 Improvement Value $63,100 Tax Amount $1,498.1 Change Rate -0.076934% Assessed CR Tax Rate +0.021618%
Year 2016 Assessed Value $72,200 Land Value $6,200 Improvement Value $66,000 Tax Amount $1,622.96 Change Rate Assessed CR Tax Rate +0.022479%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,622.96 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $76,300 Land Value $7,600 Improvement Value $68,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $74,900 Land Value $7,700 Improvement Value $67,200 Tax Amount Change Rate Assessed CR Tax Rate