Large Location Icon

500 W 53rd Ave; Gary, IN Property Details

500 W 53rd Ave, Gary, IN is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 500 W 53rd Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 2,096 square feet. The lot size of 500 W 53rd Ave is 8,059 square feet.

Off market
500 W 53rd Ave Merrillville, IN 46410
$239,999 Listing Price
3 Beds
1.5 Baths
2,096 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Purchase Price: $163,300
  • Open Loans / Balance: 1 / $141,106
  • Est. Equity / %: $150,894 / 51.68%
  • Gross Yield: 4.915%
  • APN: 45-08-33-454-022.000-004
  • Situs County: Lake
  • Length Of Ownership: 7 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,096/SqFt
  • Lot: 8,059/SqFt
  • Gross: 2,096/SqFt
  • Garage: 576/SqFt
  • Living: 2,096/SqFt
  • Building: 2,096/SqFt
  • Ground: 2,096/SqFt
  • Price Per Square Foot: $77.91

Legal Description

  • Description: MEADOWDALE 2ND SUB. L.20 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: 41.52289 / -87.3425
  • Subdivision: Meadowdale 2nd Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1416
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Home Owner Association

Ownership Info

500 W 53rd Ave has no associated ownership info
500 W 53rd Ave has no associated ownership info.

Taxes

500 W 53rd Ave has 10 associated Taxes items

500 W 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 $156,900. The APN we've located for 500 W 53rd Ave is 45-08-33-454-022.000-004.

Unlock the full report
Taxes
  • Assessed Value:  $156,900
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-33-454-022.000-004
  • Assessed Land Value:  16600
  • Market Land Value:  16600
  • Tax Amount:  1845.44
  • Tax Year:  2024
  • Market Value:  156900
  • Market Year:  2025

Tax History

500 W 53rd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $156,900 Land Value $16,600 Improvement Value $140,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $151,700 Land Value $17,600 Improvement Value $134,100 Tax Amount $1,845.44 Change Rate -0.854648% Assessed CR Tax Rate +0.012165%
Year 2023 Assessed Value $144,000 Land Value $17,600 Improvement Value $126,400 Tax Amount $12,696.34 Change Rate +6.819388% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,623.7 Change Rate +0.082871% Assessed CR Tax Rate
Year 2021 Assessed Value $123,100 Land Value $12,600 Improvement Value $110,500 Tax Amount $1,499.44 Change Rate -0.651774% Assessed CR Tax Rate +0.012181%
Year 2020 Assessed Value $124,800 Land Value $12,600 Improvement Value $112,200 Tax Amount $4,305.94 Change Rate +2.950404% Assessed CR Tax Rate +0.034503%
Year 2019 Assessed Value $98,500 Land Value $12,600 Improvement Value $85,900 Tax Amount $1,090 Change Rate +0.044582% Assessed CR Tax Rate +0.011066%
Year 2018 Assessed Value $79,900 Land Value $12,600 Improvement Value $67,300 Tax Amount $1,043.48 Change Rate +0.236204% Assessed CR Tax Rate +0.01306%
Year 2017 Assessed Value $81,100 Land Value $12,600 Improvement Value $68,500 Tax Amount $844.1 Change Rate -0.217034% Assessed CR Tax Rate +0.010408%
Year 2016 Assessed Value $101,800 Land Value $12,600 Improvement Value $89,200 Tax Amount $1,078.08 Change Rate Assessed CR Tax Rate +0.01059%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,078.08 Change Rate -0.137991% Assessed CR Tax Rate
Year 2014 Assessed Value $111,400 Land Value $14,000 Improvement Value $97,400 Tax Amount $1,250.66 Change Rate Assessed CR Tax Rate +0.011227%
Year 2013 Assessed Value $106,400 Land Value $14,000 Improvement Value $92,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,155.2 Change Rate Assessed CR Tax Rate