Taxes
- Assessed Value: $119,300
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-12-03-102-002.000-031
- Assessed Land Value: 20700
- Market Land Value: 20700
- Tax Amount: 2508.78
- Tax Year: 2024
- Market Value: 119300
- Market Year: 2025
225 E 53rd Ave; Gary, IN Property Details
Off market
225 E 53rd Ave Merrillville, IN 46410
$119,300 Estimated Value
2 Beds
1 Baths
2,046 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1963
- Purchase Price: $108,800
- Open Loans: 1
- Gross Yield: 11.463%
- APN: 45-12-03-102-002.000-031
- Situs County: Lake
- Length Of Ownership: 20 years, 1 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 2
Structure
- Building Style: Brick
- Stories: 1
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 2,046/SqFt
- Lot: 6,229/SqFt
- Gross: 3,475/SqFt
- Garage: 406/SqFt
- Living: 2,046/SqFt
- Basement: 1,023/SqFt
- Building: 3,475/SqFt
- Ground: 1,023/SqFt
- Price Per Square Foot: $53.18
Legal Description
- Description: SOUTHLANDS 3RD SUBDIV. ALL L.2 BL.32
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Merrillville Community School
- Lat / Lon: 41.521896 / -87.332886
- Subdivision: Southlands 3rd Subdiv
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1530
- Bathroom Fixtures: 5
- Cooling: None
- Garage: Attached Garage
- Heating: Central
- Parking: 2
Ownership Info
225 E 53rd Ave has no associated ownership info
225 E 53rd Ave has no associated ownership info.
Taxes
225 E 53rd Ave has 10 associated Taxes items
225 E 53rd 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 $119,300. The APN we've located for 225 E 53rd Ave is 45-12-03-102-002.000-031.
Unlock the full reportTax History
225 E 53rd Ave has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $119,300 | Land Value $20,700 | Improvement Value $98,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $118,200 | Land Value $20,700 | Improvement Value $97,500 | Tax Amount $2,508.78 | Change Rate -0.112181% | Assessed CR | Tax Rate +0.021225% |
| Year 2023 | Assessed Value $120,600 | Land Value $20,100 | Improvement Value $100,500 | Tax Amount $2,825.78 | Change Rate +0.382476% | Assessed CR | Tax Rate +0.023431% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,044 | Change Rate +0.131783% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $90,300 | Land Value $15,100 | Improvement Value $75,200 | Tax Amount $1,806 | Change Rate -0.130351% | Assessed CR | Tax Rate +0.02% |
| Year 2020 | Assessed Value $86,600 | Land Value $14,500 | Improvement Value $72,100 | Tax Amount $2,076.7 | Change Rate +0.162336% | Assessed CR | Tax Rate +0.02398% |
| Year 2019 | Assessed Value $83,800 | Land Value $14,100 | Improvement Value $69,700 | Tax Amount $1,786.66 | Change Rate -0.019762% | Assessed CR | Tax Rate +0.021321% |
| Year 2018 | Assessed Value $80,600 | Land Value $14,100 | Improvement Value $66,500 | Tax Amount $1,822.68 | Change Rate +0.085859% | Assessed CR | Tax Rate +0.022614% |
| Year 2017 | Assessed Value $79,600 | Land Value $14,100 | Improvement Value $65,500 | Tax Amount $1,678.56 | Change Rate +0.012633% | Assessed CR | Tax Rate +0.021087% |
| Year 2016 | Assessed Value $79,700 | Land Value $13,600 | Improvement Value $66,100 | Tax Amount $1,657.62 | Change Rate | Assessed CR | Tax Rate +0.020798% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,657.62 | Change Rate -0.026144% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $83,100 | Land Value $14,200 | Improvement Value $68,900 | Tax Amount $1,702.12 | Change Rate | Assessed CR | Tax Rate +0.020483% |
| Year 2013 | Assessed Value $88,900 | Land Value $15,300 | Improvement Value $73,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $565.68 | Change Rate | Assessed CR | Tax Rate |