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5225 W 3rd Ave; Gary, IN Property Details

5225 W 3rd Ave, Gary, IN is a Single Family that was built in 1953. This property is currently a cash purchase and is not for sale. Our records show that 5225 W 3rd Ave has 3 bedrooms, and 1 bathroom, and a total of 1,750 square feet. The lot size of 5225 W 3rd Ave is 4,487 square feet.

Off market
5225 W 3rd Ave Gary, IN 46406
$30,000 Listing Price
3 Beds
1 Baths
1,750 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1953
  • Open Loans / Balance: 1 / $39,153
  • Est. Equity / %: $25,847 / 39.76%
  • Gross Yield: 15.84%
  • APN: 45-07-01-252-012.000-004
  • Situs County: Lake
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,750/SqFt
  • Lot: 4,487/SqFt
  • Gross: 2,625/SqFt
  • Garage: 875/SqFt
  • Living: 1,750/SqFt
  • Basement: 875/SqFt
  • Building: 2,625/SqFt
  • Ground: 875/SqFt

Legal Description

  • Description: GRAND CALUMET ADD. L.7 BL.6 W1/2 L.6 BL.6
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: 41.60502 / -87.4018
  • Subdivision: Grand Calumet Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1571
  • Bathroom Fixtures: 5
  • Cooling: None
  • Heating: Central

Ownership Info

5225 W 3rd Ave has no associated ownership info
5225 W 3rd Ave has no associated ownership info.

Taxes

5225 W 3rd Ave has 10 associated Taxes items

5225 W 3rd 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 $57,400. The APN we've located for 5225 W 3rd Ave is 45-07-01-252-012.000-004.

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Taxes
  • Assessed Value:  $57,400
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-07-01-252-012.000-004
  • Assessed Land Value:  7200
  • Market Land Value:  7200
  • Tax Amount:  93
  • Tax Year:  2024
  • Market Value:  57400
  • Market Year:  2025

Tax History

5225 W 3rd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,400 Land Value $7,200 Improvement Value $50,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $51,400 Land Value $7,200 Improvement Value $44,200 Tax Amount $93 Change Rate -0.973364% Assessed CR Tax Rate +0.001809%
Year 2023 Assessed Value $39,600 Land Value $7,200 Improvement Value $32,400 Tax Amount $3,491.49 Change Rate Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value $35,700 Land Value $4,200 Improvement Value $31,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $33,000 Land Value $4,200 Improvement Value $28,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $31,700 Land Value $4,200 Improvement Value $27,500 Tax Amount $423.32 Change Rate +0.050422% Assessed CR Tax Rate +0.013354%
Year 2019 Assessed Value $31,000 Land Value $4,200 Improvement Value $26,800 Tax Amount $403 Change Rate -0.110454% Assessed CR Tax Rate +0.013%
Year 2018 Assessed Value $31,700 Land Value $4,200 Improvement Value $27,500 Tax Amount $453.04 Change Rate +0.358604% Assessed CR Tax Rate +0.014291%
Year 2017 Assessed Value $32,000 Land Value $4,200 Improvement Value $27,800 Tax Amount $333.46 Change Rate -0.514699% Assessed CR Tax Rate +0.010421%
Year 2016 Assessed Value $33,300 Land Value $4,200 Improvement Value $29,100 Tax Amount $687.12 Change Rate Assessed CR Tax Rate +0.020634%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $687.12 Change Rate -0.096584% Assessed CR Tax Rate
Year 2014 Assessed Value $32,500 Land Value $5,100 Improvement Value $27,400 Tax Amount $760.58 Change Rate Assessed CR Tax Rate +0.023402%
Year 2013 Assessed Value $34,900 Land Value $5,100 Improvement Value $29,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $784.22 Change Rate Assessed CR Tax Rate