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516 N Miami St; Gary, IN Property Details

516 N Miami St, Gary, IN is a Single Family that was built in 1951. This property is currently a cash purchase and is not for sale. Our records show that 516 N Miami St has 2 bedrooms, and 1 bathroom, and a total of 2,326 square feet. The lot size of 516 N Miami St is 9,540 square feet.

Off market
516 N Miami St Gary, IN 46403
$255,000 Listing Price
2 Beds
1 Baths
2,326 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1951
  • Est. Equity / %: $246,000 / 100%
  • Gross Yield: 13.693%
  • APN: 45-05-32-326-018.000-004
  • Situs County: Lake
  • Length Of Ownership: 1 year, 1 months

Rooms

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

Structure

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

Measurements

  • Total: 2,326/SqFt
  • Lot: 9,540/SqFt
  • Gross: 2,326/SqFt
  • Garage: 322/SqFt
  • Living: 2,326/SqFt
  • Building: 2,326/SqFt
  • Ground: 1,163/SqFt

Legal Description

  • Description: GARY BEACH 2ND SUB. NELY 20 FT. OF L.13 BL.B SWLY 30 FT. OF L.14 BL.B
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: 41.613472 / -87.25404
  • Subdivision: Gary Beach 2nd Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2076
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $100
  • H O A Amount: $100
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

516 N Miami St has no associated ownership info
516 N Miami St has no associated ownership info.

Taxes

516 N Miami St has 10 associated Taxes items

516 N Miami St, 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 $176,500. The APN we've located for 516 N Miami St is 45-05-32-326-018.000-004.

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Taxes
  • Assessed Value:  $176,500
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-05-32-326-018.000-004
  • Assessed Land Value:  39400
  • Market Land Value:  39400
  • Tax Amount:  2186.46
  • Tax Year:  2024
  • Market Value:  176500
  • Market Year:  2025

Tax History

516 N Miami St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $176,500 Land Value $39,400 Improvement Value $137,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $164,700 Land Value $39,400 Improvement Value $125,300 Tax Amount $2,186.46 Change Rate -0.851506% Assessed CR Tax Rate +0.013275%
Year 2023 Assessed Value $167,000 Land Value $33,000 Improvement Value $134,000 Tax Amount $14,724.22 Change Rate +2.892639% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $3,782.58 Change Rate +0.060645% Assessed CR Tax Rate
Year 2021 Assessed Value $139,200 Land Value $17,800 Improvement Value $121,400 Tax Amount $3,566.3 Change Rate +0.832292% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $83,600 Land Value $17,800 Improvement Value $65,800 Tax Amount $1,946.36 Change Rate +1.219339% Assessed CR Tax Rate +0.023282%
Year 2019 Assessed Value $81,700 Land Value $17,000 Improvement Value $64,700 Tax Amount $877 Change Rate +0.014295% Assessed CR Tax Rate +0.010734%
Year 2018 Assessed Value $78,200 Land Value $17,000 Improvement Value $61,200 Tax Amount $864.64 Change Rate +0.075022% Assessed CR Tax Rate +0.011057%
Year 2017 Assessed Value $77,500 Land Value $16,600 Improvement Value $60,900 Tax Amount $804.3 Change Rate -0.510147% Assessed CR Tax Rate +0.010378%
Year 2016 Assessed Value $80,400 Land Value $16,600 Improvement Value $63,800 Tax Amount $1,641.92 Change Rate Assessed CR Tax Rate +0.020422%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,641.92 Change Rate +3.5652% Assessed CR Tax Rate
Year 2014 Assessed Value $77,300 Land Value $16,900 Improvement Value $60,400 Tax Amount $359.66 Change Rate Assessed CR Tax Rate +0.004653%
Year 2013 Assessed Value $74,200 Land Value $17,000 Improvement Value $57,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $352.6 Change Rate Assessed CR Tax Rate