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5450 W 37th Ave; Gary, IN Property Details

5450 W 37th Ave, Gary, IN is a Single Family that was built in 1929. This property is currently Financed and is not for sale. Our records show that 5450 W 37th Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,936 square feet. The lot size of 5450 W 37th Ave is 41,382 square feet.

Off market
5450 W 37th Ave Gary, IN 46408
$38,500 Listing Price
3 Beds
2 Baths
1,936 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1929
  • Purchase Price: $88,600
  • Open Loans / Balance: 4 / $136,238
  • Est. Equity / %: $27,762 / 16.93%
  • Gross Yield: 11.195%
  • APN: 45-07-24-376-029.000-003
  • Situs County: Lake
  • Length Of Ownership: 8 years, 1 months

Rooms

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

Structure

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

Measurements

  • Total: 1,936/SqFt
  • Lot: 41,382/SqFt
  • Attic: 480/SqFt
  • Gross: 2,416/SqFt
  • Living: 1,936/SqFt
  • Building: 2,416/SqFt
  • Ground: 968/SqFt
  • Price Per Square Foot: $45.76

Legal Description

  • Description: BURR ACRES ANNEX (0.95 AC.) L.10
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lake Ridge Schools
  • Lat / Lon: 41.552013 / -87.40547
  • Subdivision: Burr Acres
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1200
  • Bathroom Fixtures: 8
  • Cooling: None
  • Heating: Central

Ownership Info

5450 W 37th Ave has no associated ownership info
5450 W 37th Ave has no associated ownership info.

Taxes

5450 W 37th Ave has 10 associated Taxes items

5450 W 37th 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 $97,800. The APN we've located for 5450 W 37th Ave is 45-07-24-376-029.000-003.

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Taxes
  • Assessed Value:  $97,800
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-07-24-376-029.000-003
  • Assessed Land Value:  14800
  • Market Land Value:  14800
  • Tax Amount:  936
  • Tax Year:  2024
  • Market Value:  97800
  • Market Year:  2025

Tax History

5450 W 37th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $97,800 Land Value $14,800 Improvement Value $83,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $936 Change Rate -0.866399% Assessed CR Tax Rate
Year 2023 Assessed Value $83,100 Land Value $14,300 Improvement Value $68,800 Tax Amount $7,005.91 Change Rate +7.155891% Assessed CR Tax Rate +0.084307%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $859 Change Rate +0.061805% Assessed CR Tax Rate
Year 2021 Assessed Value $82,300 Land Value $23,000 Improvement Value $59,300 Tax Amount $809 Change Rate -0.523293% Assessed CR Tax Rate +0.00983%
Year 2020 Assessed Value $80,600 Land Value $23,000 Improvement Value $57,600 Tax Amount $1,697.06 Change Rate +0.906809% Assessed CR Tax Rate +0.021055%
Year 2019 Assessed Value $80,100 Land Value $22,500 Improvement Value $57,600 Tax Amount $890 Change Rate +0.280797% Assessed CR Tax Rate +0.011111%
Year 2018 Assessed Value $47,100 Land Value $20,600 Improvement Value $26,500 Tax Amount $694.88 Change Rate +0.114447% Assessed CR Tax Rate +0.014753%
Year 2017 Assessed Value $47,500 Land Value $20,600 Improvement Value $26,900 Tax Amount $623.52 Change Rate +57.711864% Assessed CR Tax Rate +0.013127%
Year 2016 Assessed Value $40,100 Land Value $20,600 Improvement Value $19,500 Tax Amount $10.62 Change Rate Assessed CR Tax Rate +0.000265%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $10.62 Change Rate -0.76379% Assessed CR Tax Rate
Year 2014 Assessed Value $45,800 Land Value $24,200 Improvement Value $21,600 Tax Amount $44.96 Change Rate Assessed CR Tax Rate +0.000982%
Year 2013 Assessed Value $45,200 Land Value $24,200 Improvement Value $21,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $34.54 Change Rate Assessed CR Tax Rate