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540 W 53rd Ave; Gary, IN Property Details

540 W 53rd Ave, Gary, IN is a Single Family that was built in 1961. This property is not for sale. Our records show that 540 W 53rd Ave has 3 bedrooms, and 1 bathroom, and a total of 2,838 square feet. The lot size of 540 W 53rd Ave is 8,059 square feet.

Off market
540 W 53rd Ave Merrillville, IN 46410
$142,400 Estimated Value
3 Beds
1 Baths
2,838 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1961
  • Est. Equity / %: $206,000 / 100%
  • Gross Yield: 9.46%
  • APN: 45-08-33-454-018.000-004
  • Situs County: Lake

Rooms

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

Structure

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

Measurements

  • Total: 2,838/SqFt
  • Lot: 8,059/SqFt
  • Gross: 3,168/SqFt
  • Garage: 330/SqFt
  • Living: 2,838/SqFt
  • Building: 3,168/SqFt
  • Ground: 1,419/SqFt

Legal Description

  • Description: MEADOWDALE 2ND SUB. L.24 BL.2
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: 41.522858 / -87.34351
  • Subdivision: Meadowdale 2nd Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1416
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Home Owner Association

Ownership Info

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

Taxes

540 W 53rd Ave has 10 associated Taxes items

540 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 $142,400. The APN we've located for 540 W 53rd Ave is 45-08-33-454-018.000-004.

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Taxes
  • Assessed Value:  $142,400
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-33-454-018.000-004
  • Assessed Land Value:  16600
  • Market Land Value:  16600
  • Tax Amount:  1145.62
  • Tax Year:  2024
  • Market Value:  142400
  • Market Year:  2025

Tax History

540 W 53rd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $142,400 Land Value $16,600 Improvement Value $125,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $96,300 Land Value $16,800 Improvement Value $79,500 Tax Amount $1,145.62 Change Rate -0.856743% Assessed CR Tax Rate +0.011896%
Year 2023 Assessed Value $90,700 Land Value $16,800 Improvement Value $73,900 Tax Amount $7,996.93 Change Rate +7.683443% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $920.94 Change Rate +0.09067% Assessed CR Tax Rate
Year 2021 Assessed Value $75,500 Land Value $12,000 Improvement Value $63,500 Tax Amount $844.38 Change Rate -0.492682% Assessed CR Tax Rate +0.011184%
Year 2020 Assessed Value $78,300 Land Value $12,000 Improvement Value $66,300 Tax Amount $1,664.4 Change Rate +0.889217% Assessed CR Tax Rate +0.021257%
Year 2019 Assessed Value $78,300 Land Value $12,000 Improvement Value $66,300 Tax Amount $881 Change Rate -0.050749% Assessed CR Tax Rate +0.011252%
Year 2018 Assessed Value $78,400 Land Value $12,000 Improvement Value $66,400 Tax Amount $928.1 Change Rate +0.10404% Assessed CR Tax Rate +0.011838%
Year 2017 Assessed Value $79,300 Land Value $12,000 Improvement Value $67,300 Tax Amount $840.64 Change Rate -0.228771% Assessed CR Tax Rate +0.010601%
Year 2016 Assessed Value $100,200 Land Value $12,000 Improvement Value $88,200 Tax Amount $1,090 Change Rate Assessed CR Tax Rate +0.010878%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,090 Change Rate -0.132994% Assessed CR Tax Rate
Year 2014 Assessed Value $110,200 Land Value $13,300 Improvement Value $96,900 Tax Amount $1,257.2 Change Rate Assessed CR Tax Rate +0.011408%
Year 2013 Assessed Value $105,100 Land Value $13,300 Improvement Value $91,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,158.88 Change Rate Assessed CR Tax Rate