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501 E 52nd Ave; Gary, IN Property Details

501 E 52nd 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 501 E 52nd Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 2,550 square feet. The lot size of 501 E 52nd Ave is 8,407 square feet.

Off market
501 E 52nd Ave Merrillville, IN 46410
$89,900 Listing Price
3 Beds
1.5 Baths
2,550 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Purchase Price: $94,500
  • Open Loans / Balance: 1 / $69,301
  • Est. Equity / %: $150,699 / 68.5%
  • Gross Yield: 9.398%
  • APN: 45-08-34-381-005.000-004
  • Situs County: Lake
  • Length Of Ownership: 11 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,550/SqFt
  • Lot: 8,407/SqFt
  • Gross: 4,262/SqFt
  • Garage: 437/SqFt
  • Living: 2,550/SqFt
  • Basement: 1,275/SqFt
  • Building: 4,262/SqFt
  • Ground: 1,275/SqFt
  • Price Per Square Foot: $37.06

Legal Description

  • Description: MEADOWLAND MANOR UNIT NO.1 ALL L.9 BL.D
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: 41.523197 / -87.32996
  • Subdivision: Meadowland Manor Unit No.1
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1520
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

501 E 52nd Ave has no associated ownership info
501 E 52nd Ave has no associated ownership info.

Taxes

501 E 52nd Ave has 10 associated Taxes items

501 E 52nd 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 $151,700. The APN we've located for 501 E 52nd Ave is 45-08-34-381-005.000-004.

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Taxes
  • Assessed Value:  $151,700
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-381-005.000-004
  • Assessed Land Value:  14800
  • Market Land Value:  14800
  • Tax Amount:  1477.82
  • Tax Year:  2024
  • Market Value:  151700
  • Market Year:  2025

Tax History

501 E 52nd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $151,700 Land Value $14,800 Improvement Value $136,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $137,400 Land Value $14,800 Improvement Value $122,600 Tax Amount $1,477.82 Change Rate -0.855507% Assessed CR Tax Rate +0.010756%
Year 2023 Assessed Value $116,000 Land Value $15,500 Improvement Value $100,500 Tax Amount $10,227.6 Change Rate +7.779508% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,164.94 Change Rate +0.05048% Assessed CR Tax Rate
Year 2021 Assessed Value $94,500 Land Value $14,800 Improvement Value $79,700 Tax Amount $1,108.96 Change Rate -0.590497% Assessed CR Tax Rate +0.011735%
Year 2020 Assessed Value $96,900 Land Value $14,800 Improvement Value $82,100 Tax Amount $2,708.06 Change Rate +1.710771% Assessed CR Tax Rate +0.027947%
Year 2019 Assessed Value $89,400 Land Value $13,600 Improvement Value $75,800 Tax Amount $999 Change Rate +0.085398% Assessed CR Tax Rate +0.011174%
Year 2018 Assessed Value $79,200 Land Value $12,100 Improvement Value $67,100 Tax Amount $920.4 Change Rate +0.104842% Assessed CR Tax Rate +0.011621%
Year 2017 Assessed Value $80,100 Land Value $12,100 Improvement Value $68,000 Tax Amount $833.06 Change Rate -0.092112% Assessed CR Tax Rate +0.0104%
Year 2016 Assessed Value $87,000 Land Value $12,100 Improvement Value $74,900 Tax Amount $917.58 Change Rate Assessed CR Tax Rate +0.010547%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $917.58 Change Rate -0.186052% Assessed CR Tax Rate
Year 2014 Assessed Value $101,300 Land Value $14,200 Improvement Value $87,100 Tax Amount $1,127.32 Change Rate Assessed CR Tax Rate +0.011129%
Year 2013 Assessed Value $99,900 Land Value $14,200 Improvement Value $85,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,079.74 Change Rate Assessed CR Tax Rate