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2507 W 4th Ave; Gary, IN Property Details

2507 W 4th 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 2507 W 4th Ave has 2 bedrooms, and 1 bathroom, and a total of 1,600 square feet. The lot size of 2507 W 4th Ave is 5,314 square feet.

Off market
2507 W 4th Ave Gary, IN 46404
$92,700 Estimated Value
2 Beds
1 Baths
1,600 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1941
  • Purchase Price: $60,001
  • Open Loans / Balance: 1 / $1,026,860
  • Est. Equity / %: $-904,860 / -741.69%
  • Gross Yield: 9.079%
  • APN: 45-08-05-183-006.000-004
  • Situs County: Lake
  • Length Of Ownership: 4 years

Rooms

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

Structure

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

Measurements

  • Total: 1,600/SqFt
  • Lot: 5,314/SqFt
  • Gross: 2,400/SqFt
  • Garage: 440/SqFt
  • Living: 1,600/SqFt
  • Basement: 800/SqFt
  • Building: 2,400/SqFt
  • Ground: 800/SqFt
  • Price Per Square Foot: $37.50

Legal Description

  • Description: RESUB. GARY LAND COS. 6TH SUB. ALL L.23 BL.11
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: 41.603527 / -87.3682
  • Subdivision: Gary Land Cos. 6th Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1003
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2507 W 4th Ave has no associated ownership info
2507 W 4th Ave has no associated ownership info.

Taxes

2507 W 4th Ave has 10 associated Taxes items

2507 W 4th 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 $92,700. The APN we've located for 2507 W 4th Ave is 45-08-05-183-006.000-004.

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Taxes
  • Assessed Value:  $92,700
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-05-183-006.000-004
  • Assessed Land Value:  9100
  • Market Land Value:  9100
  • Tax Amount:  1547.76
  • Tax Year:  2024
  • Market Value:  92700
  • Market Year:  2025

Tax History

2507 W 4th Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $92,700 Land Value $9,100 Improvement Value $83,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,547.76 Change Rate -0.702467% Assessed CR Tax Rate
Year 2023 Assessed Value $59,000 Land Value $9,500 Improvement Value $49,500 Tax Amount $5,201.97 Change Rate Assessed CR Tax Rate +0.088169%
Year 2021 Assessed Value $51,600 Land Value $5,600 Improvement Value $46,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $51,800 Land Value $5,600 Improvement Value $46,200 Tax Amount $60 Change Rate -0.38335% Assessed CR Tax Rate +0.001158%
Year 2019 Assessed Value $51,300 Land Value $5,600 Improvement Value $45,700 Tax Amount $97.3 Change Rate +0.007664% Assessed CR Tax Rate +0.001897%
Year 2018 Assessed Value $51,400 Land Value $5,600 Improvement Value $45,800 Tax Amount $96.56 Change Rate +2.909312% Assessed CR Tax Rate +0.001879%
Year 2017 Assessed Value $52,200 Land Value $5,600 Improvement Value $46,600 Tax Amount $24.7 Change Rate +2.449721% Assessed CR Tax Rate +0.000473%
Year 2016 Assessed Value $54,500 Land Value $5,600 Improvement Value $48,900 Tax Amount $7.16 Change Rate Assessed CR Tax Rate +0.000131%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $7.16 Change Rate +0.019943% Assessed CR Tax Rate
Year 2014 Assessed Value $71,400 Land Value $6,600 Improvement Value $64,800 Tax Amount $7.02 Change Rate Assessed CR Tax Rate +0.000098%
Year 2013 Assessed Value $68,900 Land Value $6,600 Improvement Value $62,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $6.88 Change Rate Assessed CR Tax Rate