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5247 W 3rd Ave; Gary, IN Property Details

5247 W 3rd Ave, Gary, IN is a Single Family that was built in 1951. This property is currently Financed and is not for sale. Our records show that 5247 W 3rd Ave has 3 bedrooms, and 1 bathroom, and a total of 2,510 square feet. The lot size of 5247 W 3rd Ave is 4,095 square feet.

Off market
5247 W 3rd Ave Gary, IN 46406
$26,450 Listing Price
3 Beds
1 Baths
2,510 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1951
  • Purchase Price: $161,262
  • Open Loans / Balance: 1 / $120,788
  • Est. Equity / %: $31,212 / 20.53%
  • Gross Yield: 12.458%
  • APN: 45-07-01-252-007.000-004
  • Situs County: Lake
  • Length Of Ownership: 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 2,510/SqFt
  • Lot: 4,095/SqFt
  • Gross: 2,950/SqFt
  • Garage: 440/SqFt
  • Living: 2,510/SqFt
  • Building: 2,950/SqFt
  • Ground: 1,255/SqFt
  • Price Per Square Foot: $64.25

Legal Description

  • Description: GRAND CALUMET ADD. W. 19 FT. L.12 BL.6 E. 22 FT. L.13 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: 41.60499 / -87.40242
  • Subdivision: Grand Calumet Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1571
  • Bathroom Fixtures: 5
  • Cooling: None
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

5247 W 3rd Ave has no associated ownership info
5247 W 3rd Ave has no associated ownership info.

Taxes

5247 W 3rd Ave has 10 associated Taxes items

5247 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 $11,700. The APN we've located for 5247 W 3rd Ave is 45-07-01-252-007.000-004.

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Taxes
  • Assessed Value:  $11,700
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-07-01-252-007.000-004
  • Assessed Land Value:  6600
  • Market Land Value:  6600
  • Tax Amount:  395.8
  • Tax Year:  2024
  • Market Value:  11700
  • Market Year:  2025

Tax History

5247 W 3rd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,700 Land Value $6,600 Improvement Value $5,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $395.8 Change Rate -0.580458% Assessed CR Tax Rate
Year 2023 Assessed Value $10,700 Land Value $6,600 Improvement Value $4,100 Tax Amount $943.41 Change Rate +3.720827% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value $7,800 Land Value $3,800 Improvement Value $4,000 Tax Amount $199.84 Change Rate +0.05412% Assessed CR Tax Rate +0.025621%
Year 2021 Assessed Value $7,400 Land Value $3,800 Improvement Value $3,600 Tax Amount $189.58 Change Rate -0.705255% Assessed CR Tax Rate +0.025619%
Year 2020 Assessed Value $7,300 Land Value $3,800 Improvement Value $3,500 Tax Amount $643.2 Change Rate -0.482958% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $16,000 Land Value $3,800 Improvement Value $12,200 Tax Amount $1,244 Change Rate +0.110873% Assessed CR Tax Rate +0.07775%
Year 2018 Assessed Value $16,300 Land Value $3,800 Improvement Value $12,500 Tax Amount $1,119.84 Change Rate +2.139621% Assessed CR Tax Rate +0.068702%
Year 2017 Assessed Value $16,500 Land Value $3,800 Improvement Value $12,700 Tax Amount $356.68 Change Rate -0.370913% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $17,100 Land Value $3,800 Improvement Value $13,300 Tax Amount $566.98 Change Rate Assessed CR Tax Rate +0.033157%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $566.98 Change Rate -0.089218% Assessed CR Tax Rate
Year 2014 Assessed Value $26,600 Land Value $4,700 Improvement Value $21,900 Tax Amount $622.52 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $25,900 Land Value $4,700 Improvement Value $21,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $581.98 Change Rate Assessed CR Tax Rate