Taxes
- Assessed Value: $122,200
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-33-455-015.000-004
- Assessed Land Value: 17000
- Market Land Value: 17000
- Tax Amount: 2371.92
- Tax Year: 2024
- Market Value: 122200
- Market Year: 2025
505 W 53rd Ave; Gary, IN Property Details
Off market
505 W 53rd Ave Merrillville, IN 46410
$109,844 Listing Price
3 Beds
1.5 Baths
2,838 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1961
- Purchase Price: $109,800
- Open Loans / Balance: 1 / $75,353
- Est. Equity / %: $109,647 / 59.27%
- Gross Yield: 10.703%
- APN: 45-08-33-455-015.000-004
- Situs County: Lake
- Length Of Ownership: 8 years
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: 2,838/SqFt
- Lot: 8,407/SqFt
- Gross: 2,838/SqFt
- Living: 2,838/SqFt
- Building: 2,838/SqFt
- Ground: 1,419/SqFt
- Price Per Square Foot: $38.69
Legal Description
- Description: MEADOWDALE 2ND SUB. L.20 BL.3
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: 41.522495 / -87.34252
- Subdivision: Meadowdale 2nd Sub
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1415
- Bathroom Fixtures: 7
- Cooling: None
- Heating: Central
HOA
- H O A One Type: Home Owner Association
Ownership Info
505 W 53rd Ave has no associated ownership info
505 W 53rd Ave has no associated ownership info.
Taxes
505 W 53rd Ave has 10 associated Taxes items
505 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 $122,200. The APN we've located for 505 W 53rd Ave is 45-08-33-455-015.000-004.
Unlock the full reportTax History
505 W 53rd Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $122,200 | Land Value $17,000 | Improvement Value $105,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $95,500 | Land Value $17,800 | Improvement Value $77,700 | Tax Amount $2,371.92 | Change Rate -0.700757% | Assessed CR | Tax Rate +0.024837% |
| Year 2023 | Assessed Value $89,900 | Land Value $17,800 | Improvement Value $72,100 | Tax Amount $7,926.39 | Change Rate +2.835028% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,066.84 | Change Rate +0.072291% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $75,000 | Land Value $12,800 | Improvement Value $62,200 | Tax Amount $1,927.5 | Change Rate -0.714784% | Assessed CR | Tax Rate +0.0257% |
| Year 2020 | Assessed Value $76,700 | Land Value $12,800 | Improvement Value $63,900 | Tax Amount $6,758.04 | Change Rate +3.108181% | Assessed CR | Tax Rate +0.08811% |
| Year 2019 | Assessed Value $76,700 | Land Value $12,800 | Improvement Value $63,900 | Tax Amount $1,645.02 | Change Rate +14.666857% | Assessed CR | Tax Rate +0.021447% |
| Year 2018 | Assessed Value $61,900 | Land Value $12,800 | Improvement Value $49,100 | Tax Amount $105 | Change Rate | Assessed CR | Tax Rate +0.001696% |
| Year 2017 | Assessed Value $62,400 | Land Value $12,800 | Improvement Value $49,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $75,700 | Land Value $12,800 | Improvement Value $62,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $82,000 | Land Value $14,200 | Improvement Value $67,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $78,400 | Land Value $14,200 | Improvement Value $64,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,708.02 | Change Rate | Assessed CR | Tax Rate |