Large Location Icon

515 W 51st Pl; Gary, IN Property Details

515 W 51st Pl, Gary, IN is a Single Family that was built in 1961. This property is currently Financed,Intra-Family and is not for sale. Our records show that 515 W 51st Pl has 3 bedrooms, and 2.5 bathrooms, and a total of 1,785 square feet. The lot size of 515 W 51st Pl is 7,492 square feet.

Off market
515 W 51st Pl Gary, IN 46408
$143,100 Estimated Value
3 Beds
2.5 Baths
1,785 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1961
  • Purchase Price: $141,300
  • Open Loans / Balance: 1 / $30,578
  • Est. Equity / %: $141,422 / 82.22%
  • Gross Yield: 14.77%
  • APN: 45-08-33-452-017.000-004
  • Situs County: Lake
  • Length Of Ownership: 20 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 3
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,785/SqFt
  • Lot: 7,492/SqFt
  • Gross: 2,061/SqFt
  • Garage: 276/SqFt
  • Living: 1,785/SqFt
  • Building: 2,061/SqFt
  • Ground: 1,785/SqFt
  • Price Per Square Foot: $79.16

Legal Description

  • Description: SOUTHHOLM L.27
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: 41.52445 / -87.34278
  • Subdivision: Southholm
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4620
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

515 W 51st Pl has no associated ownership info
515 W 51st Pl has no associated ownership info.

Taxes

515 W 51st Pl has 10 associated Taxes items

515 W 51st Pl, 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 $143,100. The APN we've located for 515 W 51st Pl is 45-08-33-452-017.000-004.

Unlock the full report
Taxes
  • Assessed Value:  $143,100
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-33-452-017.000-004
  • Assessed Land Value:  13000
  • Market Land Value:  13000
  • Tax Amount:  995.02
  • Tax Year:  2024
  • Market Value:  143100
  • Market Year:  2025

Tax History

515 W 51st Pl has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $143,100 Land Value $13,000 Improvement Value $130,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $85,800 Land Value $12,200 Improvement Value $73,600 Tax Amount $995.02 Change Rate -0.857328% Assessed CR Tax Rate +0.011597%
Year 2023 Assessed Value $79,100 Land Value $12,200 Improvement Value $66,900 Tax Amount $6,974.17 Change Rate +7.127645% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $858.08 Change Rate +0.047461% Assessed CR Tax Rate
Year 2021 Assessed Value $73,100 Land Value $8,200 Improvement Value $64,900 Tax Amount $819.2 Change Rate -0.390966% Assessed CR Tax Rate +0.011207%
Year 2020 Assessed Value $69,400 Land Value $8,200 Improvement Value $61,200 Tax Amount $1,345.08 Change Rate +0.687679% Assessed CR Tax Rate +0.019382%
Year 2019 Assessed Value $69,500 Land Value $8,300 Improvement Value $61,200 Tax Amount $797 Change Rate -0.078464% Assessed CR Tax Rate +0.011468%
Year 2018 Assessed Value $73,400 Land Value $8,500 Improvement Value $64,900 Tax Amount $864.86 Change Rate +0.059877% Assessed CR Tax Rate +0.011783%
Year 2017 Assessed Value $78,000 Land Value $8,500 Improvement Value $69,500 Tax Amount $816 Change Rate -0.03862% Assessed CR Tax Rate +0.010462%
Year 2016 Assessed Value $81,300 Land Value $8,500 Improvement Value $72,800 Tax Amount $848.78 Change Rate Assessed CR Tax Rate +0.01044%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $848.78 Change Rate -0.08345% Assessed CR Tax Rate
Year 2014 Assessed Value $84,300 Land Value $10,000 Improvement Value $74,300 Tax Amount $926.06 Change Rate Assessed CR Tax Rate +0.010985%
Year 2013 Assessed Value $83,800 Land Value $10,000 Improvement Value $73,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $899.14 Change Rate Assessed CR Tax Rate