Taxes
- Assessed Value: $41,400
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-07-01-251-006.000-004
- Assessed Land Value: 6700
- Market Land Value: 6700
- Tax Amount: 532.94
- Tax Year: 2024
- Market Value: 41400
- Market Year: 2025
5307 W 2nd Ave; Gary, IN Property Details
Off market
5307 W 2nd Ave Gary, IN 46406
$41,400 Estimated Value
2 Beds
1 Baths
1,768 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1953
- Purchase Price: $13,600
- Est. Equity / %: $125,000 / 100%
- Gross Yield: 8.621%
- APN: 45-07-01-251-006.000-004
- Situs County: Lake
- Length Of Ownership: 17 years, 8 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Fair
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,768/SqFt
- Lot: 3,833/SqFt
- Gross: 2,652/SqFt
- Garage: 884/SqFt
- Living: 1,768/SqFt
- Basement: 884/SqFt
- Building: 2,652/SqFt
- Ground: 884/SqFt
- Price Per Square Foot: $7.69
Legal Description
- Description: GRAND CALUMET ADD. L.13 BL.7 E 1/2 L.14 BL.7
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: 41.60569 / -87.40254
- Subdivision: Grand Calumet Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1502
- Bathroom Fixtures: 5
- Cooling: None
- Heating: Central
Ownership Info
5307 W 2nd Ave has no associated ownership info
5307 W 2nd Ave has no associated ownership info.
Taxes
5307 W 2nd Ave has 10 associated Taxes items
5307 W 2nd 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 $41,400. The APN we've located for 5307 W 2nd Ave is 45-07-01-251-006.000-004.
Unlock the full reportTax History
5307 W 2nd Ave has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $41,400 | Land Value $6,700 | Improvement Value $34,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $37,200 | Land Value $6,700 | Improvement Value $30,500 | Tax Amount $532.94 | Change Rate -0.845409% | Assessed CR | Tax Rate +0.014326% |
| Year 2023 | Assessed Value $39,100 | Land Value $6,700 | Improvement Value $32,400 | Tax Amount $3,447.41 | Change Rate +7.52096% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $404.58 | Change Rate +0.082807% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $32,600 | Land Value $3,800 | Improvement Value $28,800 | Tax Amount $373.64 | Change Rate -0.477236% | Assessed CR | Tax Rate +0.011461% |
| Year 2020 | Assessed Value $31,200 | Land Value $3,800 | Improvement Value $27,400 | Tax Amount $714.74 | Change Rate +0.952842% | Assessed CR | Tax Rate +0.022908% |
| Year 2019 | Assessed Value $30,600 | Land Value $3,800 | Improvement Value $26,800 | Tax Amount $366 | Change Rate -0.041534% | Assessed CR | Tax Rate +0.011961% |
| Year 2018 | Assessed Value $31,200 | Land Value $3,800 | Improvement Value $27,400 | Tax Amount $381.86 | Change Rate +0.159682% | Assessed CR | Tax Rate +0.012239% |
| Year 2017 | Assessed Value $31,600 | Land Value $3,800 | Improvement Value $27,800 | Tax Amount $329.28 | Change Rate +0.039919% | Assessed CR | Tax Rate +0.01042% |
| Year 2016 | Assessed Value $32,900 | Land Value $3,800 | Improvement Value $29,100 | Tax Amount $316.64 | Change Rate | Assessed CR | Tax Rate +0.009624% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $316.64 | Change Rate -0.05243% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $30,700 | Land Value $4,700 | Improvement Value $26,000 | Tax Amount $334.16 | Change Rate | Assessed CR | Tax Rate +0.010885% |
| Year 2013 | Assessed Value $32,900 | Land Value $4,700 | Improvement Value $28,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $350.14 | Change Rate | Assessed CR | Tax Rate |