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5242 W 3rd Pl; Gary, IN Property Details

5242 W 3rd Pl, Gary, IN is a Single Family that was built in 1947. This property is not for sale. Our records show that 5242 W 3rd Pl has 3 bedrooms, and 1 bathroom, and a total of 2,294 square feet. The lot size of 5242 W 3rd Pl is 4,008 square feet.

Off market
5242 W 3rd Pl Gary, IN 46406
$42,300 Estimated Value
3 Beds
1 Baths
2,294 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1947
  • Est. Equity / %: $143,000 / 100%
  • Gross Yield: 5.303%
  • APN: 45-07-01-252-023.000-004
  • Situs County: Lake

Rooms

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

Structure

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

Measurements

  • Total: 2,294/SqFt
  • Lot: 4,008/SqFt
  • Gross: 2,294/SqFt
  • Garage: 380/SqFt
  • Living: 2,294/SqFt
  • Building: 2,294/SqFt
  • Ground: 1,147/SqFt

Legal Description

  • Description: GRAND CALUMET ADD. L.32 BL.6 E. 11 FT. L.31 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: 41.604652 / -87.40229
  • Subdivision: Grand Calumet Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1507
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

5242 W 3rd Pl has no associated ownership info
5242 W 3rd Pl has no associated ownership info.

Taxes

5242 W 3rd Pl has 10 associated Taxes items

5242 W 3rd 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 $42,300. The APN we've located for 5242 W 3rd Pl is 45-07-01-252-023.000-004.

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Taxes
  • Assessed Value:  $42,300
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-07-01-252-023.000-004
  • Assessed Land Value:  6400
  • Market Land Value:  6400
  • Tax Amount:  60
  • Tax Year:  2024
  • Market Value:  42300
  • Market Year:  2025

Tax History

5242 W 3rd Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $42,300 Land Value $6,400 Improvement Value $35,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $37,700 Land Value $6,400 Improvement Value $31,300 Tax Amount $60 Change Rate -0.980938% Assessed CR Tax Rate +0.001592%
Year 2023 Assessed Value $35,700 Land Value $6,400 Improvement Value $29,300 Tax Amount $3,147.63 Change Rate Assessed CR Tax Rate +0.088169%
Year 2021 Assessed Value $29,900 Land Value $3,700 Improvement Value $26,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $28,700 Land Value $3,700 Improvement Value $25,000 Tax Amount $60 Change Rate Assessed CR Tax Rate +0.002091%
Year 2019 Assessed Value $28,000 Land Value $3,700 Improvement Value $24,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $28,700 Land Value $3,700 Improvement Value $25,000 Tax Amount $362.36 Change Rate +0.056628% Assessed CR Tax Rate +0.012626%
Year 2017 Assessed Value $32,300 Land Value $3,700 Improvement Value $28,600 Tax Amount $342.94 Change Rate -0.010331% Assessed CR Tax Rate +0.010617%
Year 2016 Assessed Value $33,600 Land Value $3,700 Improvement Value $29,900 Tax Amount $346.52 Change Rate Assessed CR Tax Rate +0.010313%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $346.52 Change Rate -0.044504% Assessed CR Tax Rate
Year 2014 Assessed Value $32,700 Land Value $4,600 Improvement Value $28,100 Tax Amount $362.66 Change Rate Assessed CR Tax Rate +0.011091%
Year 2013 Assessed Value $31,800 Land Value $4,600 Improvement Value $27,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $344.98 Change Rate Assessed CR Tax Rate