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331 E 43rd Ave; Gary, IN Property Details

331 E 43rd Ave, Gary, IN is a Single Family that was built in 1948. This property is currently a cash purchase and is not for sale. Our records show that 331 E 43rd Ave has 2 bedrooms, and 1 bathroom, and a total of 2,246 square feet. The lot size of 331 E 43rd Ave is 6,403 square feet.

Off market
331 E 43rd Ave Gary, IN 46409
$56,500 Estimated Value
2 Beds
1 Baths
2,246 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1948
  • Purchase Price: $40,500
  • Open Loans / Balance: 1 / $29,830
  • Est. Equity / %: $126,170 / 80.88%
  • Gross Yield: 6.623%
  • APN: 45-08-27-354-004.000-004
  • Situs County: Lake
  • Length Of Ownership: 14 years, 3 months

Rooms

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

Structure

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

Measurements

  • Total: 2,246/SqFt
  • Lot: 6,403/SqFt
  • Gross: 3,369/SqFt
  • Garage: 528/SqFt
  • Living: 2,246/SqFt
  • Basement: 1,123/SqFt
  • Building: 3,369/SqFt
  • Ground: 1,123/SqFt
  • Price Per Square Foot: $18.03

Legal Description

  • Description: KELWOOD ADD. ALL L.7 & 8 BL.2
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: 41.54008 / -87.33187
  • Subdivision: Kelwood Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2228
  • Bathroom Fixtures: 5
  • Cooling: None
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

331 E 43rd Ave has no associated ownership info
331 E 43rd Ave has no associated ownership info.

Taxes

331 E 43rd Ave has 10 associated Taxes items

331 E 43rd 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 $56,500. The APN we've located for 331 E 43rd Ave is 45-08-27-354-004.000-004.

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Taxes
  • Assessed Value:  $56,500
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-27-354-004.000-004
  • Assessed Land Value:  7000
  • Market Land Value:  7000
  • Tax Amount:  1078.56
  • Tax Year:  2024
  • Market Value:  56500
  • Market Year:  2025

Tax History

331 E 43rd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $56,500 Land Value $7,000 Improvement Value $49,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,078.56 Change Rate -0.672041% Assessed CR Tax Rate
Year 2023 Assessed Value $37,300 Land Value $7,000 Improvement Value $30,300 Tax Amount $3,288.7 Change Rate +2.542331% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $928.4 Change Rate +0.093573% Assessed CR Tax Rate
Year 2021 Assessed Value $32,200 Land Value $4,800 Improvement Value $27,400 Tax Amount $848.96 Change Rate -0.700769% Assessed CR Tax Rate +0.026365%
Year 2020 Assessed Value $32,200 Land Value $4,800 Improvement Value $27,400 Tax Amount $2,837.14 Change Rate +2.555313% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $31,800 Land Value $4,700 Improvement Value $27,100 Tax Amount $798 Change Rate -0.178438% Assessed CR Tax Rate +0.025094%
Year 2018 Assessed Value $39,700 Land Value $5,200 Improvement Value $34,500 Tax Amount $971.32 Change Rate +1.072194% Assessed CR Tax Rate +0.024466%
Year 2017 Assessed Value $40,100 Land Value $5,200 Improvement Value $34,900 Tax Amount $468.74 Change Rate -0.415842% Assessed CR Tax Rate +0.011689%
Year 2016 Assessed Value $71,700 Land Value $5,200 Improvement Value $66,500 Tax Amount $802.42 Change Rate Assessed CR Tax Rate +0.011191%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $802.42 Change Rate -0.191907% Assessed CR Tax Rate
Year 2014 Assessed Value $85,300 Land Value $6,500 Improvement Value $78,800 Tax Amount $992.98 Change Rate Assessed CR Tax Rate +0.011641%
Year 2013 Assessed Value $83,700 Land Value $6,500 Improvement Value $77,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $949.2 Change Rate Assessed CR Tax Rate