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525 W 53rd Ave; Gary, IN Property Details

525 W 53rd Ave, Gary, IN is a Single Family that was built in 1960. This property is not for sale. Our records show that 525 W 53rd Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 2,600 square feet. The lot size of 525 W 53rd Ave is 8,407 square feet.

Off market
525 W 53rd Ave Merrillville, IN 46410
$123,900 Estimated Value
3 Beds
1.5 Baths
2,600 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1960
  • Open Loans / Balance: 1 / $52,985
  • Est. Equity / %: $139,015 / 72.4%
  • Gross Yield: 8.238%
  • APN: 45-08-33-455-013.000-004
  • Situs County: Lake

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,600/SqFt
  • Lot: 8,407/SqFt
  • Gross: 2,952/SqFt
  • Garage: 352/SqFt
  • Living: 2,600/SqFt
  • Building: 2,952/SqFt
  • Ground: 1,300/SqFt

Legal Description

  • Description: MEADOWDALE 2ND SUB. L.18 BL.3
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: 41.5225 / -87.34302
  • Subdivision: Meadowdale 2nd Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1415
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Home Owner Association

Ownership Info

525 W 53rd Ave has no associated ownership info
525 W 53rd Ave has no associated ownership info.

Taxes

525 W 53rd Ave has 10 associated Taxes items

525 W 53rd 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 $123,900. The APN we've located for 525 W 53rd Ave is 45-08-33-455-013.000-004.

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Taxes
  • Assessed Value:  $123,900
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-33-455-013.000-004
  • Assessed Land Value:  17000
  • Market Land Value:  17000
  • Tax Amount:  932
  • Tax Year:  2024
  • Market Value:  123900
  • Market Year:  2025

Tax History

525 W 53rd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $123,900 Land Value $17,000 Improvement Value $106,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $77,800 Land Value $17,800 Improvement Value $60,000 Tax Amount $932 Change Rate -0.856182% Assessed CR Tax Rate +0.011979%
Year 2023 Assessed Value $73,500 Land Value $17,800 Improvement Value $55,700 Tax Amount $6,480.42 Change Rate +7.92915% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $725.76 Change Rate +0.075582% Assessed CR Tax Rate
Year 2021 Assessed Value $60,600 Land Value $12,800 Improvement Value $47,800 Tax Amount $674.76 Change Rate -0.436648% Assessed CR Tax Rate +0.011135%
Year 2020 Assessed Value $62,400 Land Value $12,800 Improvement Value $49,600 Tax Amount $1,197.76 Change Rate +0.654365% Assessed CR Tax Rate +0.019195%
Year 2019 Assessed Value $62,400 Land Value $12,800 Improvement Value $49,600 Tax Amount $724 Change Rate -0.041745% Assessed CR Tax Rate +0.011603%
Year 2018 Assessed Value $62,400 Land Value $12,800 Improvement Value $49,600 Tax Amount $755.54 Change Rate +0.137313% Assessed CR Tax Rate +0.012108%
Year 2017 Assessed Value $63,200 Land Value $12,800 Improvement Value $50,400 Tax Amount $664.32 Change Rate +0.038909% Assessed CR Tax Rate +0.010511%
Year 2016 Assessed Value $59,800 Land Value $12,800 Improvement Value $47,000 Tax Amount $639.44 Change Rate Assessed CR Tax Rate +0.010693%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $639.44 Change Rate -0.100495% Assessed CR Tax Rate
Year 2014 Assessed Value $64,800 Land Value $14,200 Improvement Value $50,600 Tax Amount $710.88 Change Rate Assessed CR Tax Rate +0.01097%
Year 2013 Assessed Value $62,300 Land Value $14,200 Improvement Value $48,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $670.9 Change Rate Assessed CR Tax Rate