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2559 W 12th Ave; Gary, IN Property Details

2559 W 12th Ave, Gary, IN is a Single Family that was built in 1947. This property is currently a cash purchase and is not for sale. Our records show that 2559 W 12th Ave has 3 bedrooms, and 1 bathroom, and a total of 1,500 square feet. The lot size of 2559 W 12th Ave is 5,619 square feet.

Off market
2559 W 12th Ave Gary, IN 46404
$27,500 Listing Price
3 Beds
1 Baths
1,500 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1947
  • Open Loans / Balance: 2 / $123,487
  • Est. Equity / %: $-19,487 / -18.74%
  • Gross Yield: 8.608%
  • APN: 45-08-08-179-009.000-004
  • Situs County: Lake
  • Length Of Ownership: 3 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Concrete Block
  • Stories: 1.5
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,500/SqFt
  • Lot: 5,619/SqFt
  • Gross: 2,250/SqFt
  • Garage: 1,500/SqFt
  • Living: 1,500/SqFt
  • Basement: 750/SqFt
  • Building: 2,250/SqFt
  • Ground: 1,500/SqFt

Legal Description

  • Description: 1
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: 41.590343 / -87.36995
  • Subdivision: So. Bend & Gary Land Cos Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2110
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Heating: Central

Ownership Info

2559 W 12th Ave has no associated ownership info
2559 W 12th Ave has no associated ownership info.

Taxes

2559 W 12th Ave has 10 associated Taxes items

2559 W 12th 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 $84,700. The APN we've located for 2559 W 12th Ave is 45-08-08-179-009.000-004.

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Taxes
  • Assessed Value:  $84,700
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-08-179-009.000-004
  • Assessed Land Value:  5800
  • Market Land Value:  5800
  • Tax Amount:  894.4
  • Tax Year:  2024
  • Market Value:  84700
  • Market Year:  2025

Tax History

2559 W 12th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $84,700 Land Value $5,800 Improvement Value $78,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $894.4 Change Rate -0.689782% Assessed CR Tax Rate
Year 2023 Assessed Value $32,700 Land Value $4,900 Improvement Value $27,800 Tax Amount $2,883.13 Change Rate +2.309834% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value $34,000 Land Value $5,100 Improvement Value $28,900 Tax Amount $871.08 Change Rate -0.199993% Assessed CR Tax Rate +0.02562%
Year 2021 Assessed Value $42,500 Land Value $5,100 Improvement Value $37,400 Tax Amount $1,088.84 Change Rate -0.70923% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $42,500 Land Value $5,100 Improvement Value $37,400 Tax Amount $3,744.68 Change Rate +3.115033% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $42,500 Land Value $5,100 Improvement Value $37,400 Tax Amount $910 Change Rate -0.053798% Assessed CR Tax Rate +0.021412%
Year 2018 Assessed Value $42,500 Land Value $5,100 Improvement Value $37,400 Tax Amount $961.74 Change Rate -0.421468% Assessed CR Tax Rate +0.022629%
Year 2017 Assessed Value $76,900 Land Value $5,100 Improvement Value $71,800 Tax Amount $1,662.38 Change Rate -0.017819% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $80,300 Land Value $5,100 Improvement Value $75,200 Tax Amount $1,692.54 Change Rate Assessed CR Tax Rate +0.021078%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,692.54 Change Rate -0.100469% Assessed CR Tax Rate
Year 2014 Assessed Value $80,400 Land Value $5,100 Improvement Value $75,300 Tax Amount $1,881.58 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $81,300 Land Value $5,100 Improvement Value $76,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,826.86 Change Rate Assessed CR Tax Rate