Large Location Icon

525 N Montgomery St; Gary, IN Property Details

525 N Montgomery St, Gary, IN is a Single Family that was built in 2005. This property is currently Financed and is not for sale. Our records show that 525 N Montgomery St has 3 bedrooms, and 2 bathrooms, and a total of 3,460 square feet. The lot size of 525 N Montgomery St is 21,998 square feet.

Off market
525 N Montgomery St Gary, IN 46403
$432,000 Estimated Value
3 Beds
2 Baths
3,460 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2005
  • Purchase Price: $200,000
  • Open Loans / Balance: 1 / $107,439
  • Est. Equity / %: $290,561 / 73.01%
  • Gross Yield: 15.651%
  • APN: 45-05-32-401-049.000-004
  • Situs County: Lake
  • Length Of Ownership: 14 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 3,460/SqFt
  • Lot: 21,998/SqFt
  • Gross: 5,756/SqFt
  • Garage: 576/SqFt
  • Living: 3,460/SqFt
  • Basement: 1,720/SqFt
  • Building: 5,756/SqFt
  • Ground: 3,460/SqFt
  • Price Per Square Foot: $57.80

Legal Description

  • Description: ROBERT BARTLETTS MARQUETTE PARK ESTATES 1ST ADD LOT 290 & S.35FT OF LOT 289
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: 41.61317 / -87.25111
  • Subdivision: Robert Bartletts Marquette Park Estates
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2168
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

Ownership Info

525 N Montgomery St has no associated ownership info
525 N Montgomery St has no associated ownership info.

Taxes

525 N Montgomery St has 10 associated Taxes items

525 N Montgomery 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 $432,000. The APN we've located for 525 N Montgomery St is 45-05-32-401-049.000-004.

Unlock the full report
Taxes
  • Assessed Value:  $432,000
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-05-32-401-049.000-004
  • Assessed Land Value:  64000
  • Market Land Value:  64000
  • Tax Amount:  5199.68
  • Tax Year:  2024
  • Market Value:  432000
  • Market Year:  2025

Tax History

525 N Montgomery St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $432,000 Land Value $64,000 Improvement Value $368,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $402,300 Land Value $64,000 Improvement Value $338,300 Tax Amount $5,199.68 Change Rate -0.856929% Assessed CR Tax Rate +0.012925%
Year 2023 Assessed Value $412,200 Land Value $73,300 Improvement Value $338,900 Tax Amount $36,343.26 Change Rate +6.596295% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $4,784.34 Change Rate +0.076158% Assessed CR Tax Rate
Year 2021 Assessed Value $338,900 Land Value $39,500 Improvement Value $299,400 Tax Amount $4,445.76 Change Rate -0.727422% Assessed CR Tax Rate +0.013118%
Year 2020 Assessed Value $334,400 Land Value $39,500 Improvement Value $294,900 Tax Amount $16,310.04 Change Rate +3.848407% Assessed CR Tax Rate +0.048774%
Year 2019 Assessed Value $330,400 Land Value $37,600 Improvement Value $292,800 Tax Amount $3,364 Change Rate -0.014513% Assessed CR Tax Rate +0.010182%
Year 2018 Assessed Value $314,400 Land Value $37,600 Improvement Value $276,800 Tax Amount $3,413.54 Change Rate -0.008977% Assessed CR Tax Rate +0.010857%
Year 2017 Assessed Value $316,400 Land Value $36,900 Improvement Value $279,500 Tax Amount $3,444.46 Change Rate +0.01052% Assessed CR Tax Rate +0.010886%
Year 2016 Assessed Value $332,700 Land Value $36,900 Improvement Value $295,800 Tax Amount $3,408.6 Change Rate Assessed CR Tax Rate +0.010245%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,408.6 Change Rate -0.116183% Assessed CR Tax Rate
Year 2014 Assessed Value $324,800 Land Value $37,600 Improvement Value $287,200 Tax Amount $3,856.68 Change Rate Assessed CR Tax Rate +0.011874%
Year 2013 Assessed Value $312,900 Land Value $37,600 Improvement Value $275,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $3,551.76 Change Rate Assessed CR Tax Rate