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525 W 47th Ave; Gary, IN Property Details

525 W 47th Ave, Gary, IN is a Single Family that was built in 1941. This property is not for sale. Our records show that 525 W 47th Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,666 square feet. The lot size of 525 W 47th Ave is 7,492 square feet.

Off market
525 W 47th Ave Gary, IN 46408
$108,300 Estimated Value
3 Beds
1.5 Baths
1,666 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1941
  • Est. Equity / %: $156,000 / 100%
  • Gross Yield: 5.823%
  • APN: 45-08-33-253-003.000-004
  • Situs County: Lake

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,666/SqFt
  • Lot: 7,492/SqFt
  • Gross: 1,954/SqFt
  • Garage: 288/SqFt
  • Living: 1,666/SqFt
  • Basement: 833/SqFt
  • Building: 1,954/SqFt
  • Ground: 1,666/SqFt

Legal Description

  • Description: JUNEDALE SUBDIV. E. 37.50 FT. OF L.3 BL.6 W2. OF L.4 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: 41.53298 / -87.3429
  • Subdivision: Junedale Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4517
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $160
  • H O A Amount: $160
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

525 W 47th Ave has no associated ownership info
525 W 47th Ave has no associated ownership info.

Taxes

525 W 47th Ave has 10 associated Taxes items

525 W 47th 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 $108,300. The APN we've located for 525 W 47th Ave is 45-08-33-253-003.000-004.

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Taxes
  • Assessed Value:  $108,300
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-33-253-003.000-004
  • Assessed Land Value:  13000
  • Market Land Value:  13000
  • Tax Amount:  828.48
  • Tax Year:  2024
  • Market Value:  108300
  • Market Year:  2025

Tax History

525 W 47th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $108,300 Land Value $13,000 Improvement Value $95,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $69,300 Land Value $13,500 Improvement Value $55,800 Tax Amount $828.48 Change Rate -0.853865% Assessed CR Tax Rate +0.011955%
Year 2023 Assessed Value $64,300 Land Value $13,500 Improvement Value $50,800 Tax Amount $5,669.27 Change Rate +7.351408% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $678.84 Change Rate +0.020659% Assessed CR Tax Rate
Year 2021 Assessed Value $59,500 Land Value $9,100 Improvement Value $50,400 Tax Amount $665.1 Change Rate -0.355711% Assessed CR Tax Rate +0.011178%
Year 2020 Assessed Value $56,600 Land Value $9,100 Improvement Value $47,500 Tax Amount $1,032.3 Change Rate +0.536161% Assessed CR Tax Rate +0.018239%
Year 2019 Assessed Value $56,700 Land Value $9,200 Improvement Value $47,500 Tax Amount $672 Change Rate -0.064406% Assessed CR Tax Rate +0.011852%
Year 2018 Assessed Value $59,800 Land Value $9,400 Improvement Value $50,400 Tax Amount $718.26 Change Rate +0.040655% Assessed CR Tax Rate +0.012011%
Year 2017 Assessed Value $66,700 Land Value $9,400 Improvement Value $57,300 Tax Amount $690.2 Change Rate -0.054158% Assessed CR Tax Rate +0.010348%
Year 2016 Assessed Value $69,400 Land Value $9,400 Improvement Value $60,000 Tax Amount $729.72 Change Rate Assessed CR Tax Rate +0.010515%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $729.72 Change Rate -0.070965% Assessed CR Tax Rate
Year 2014 Assessed Value $73,100 Land Value $11,100 Improvement Value $62,000 Tax Amount $785.46 Change Rate Assessed CR Tax Rate +0.010745%
Year 2013 Assessed Value $72,600 Land Value $11,000 Improvement Value $61,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $765.22 Change Rate Assessed CR Tax Rate