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555 W 53rd Ave; Gary, IN Property Details

555 W 53rd Ave, Gary, IN is a Single Family that was built in 1960. This property is currently Financed and is not for sale. Our records show that 555 W 53rd Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,980 square feet. The lot size of 555 W 53rd Ave is 8,407 square feet.

Off market
555 W 53rd Ave Merrillville, IN 46410
$144,000 Listing Price
3 Beds
1.5 Baths
1,980 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1960
  • Purchase Price: $141,200
  • Open Loans / Balance: 2 / $131,403
  • Est. Equity / %: $59,597 / 31.2%
  • Gross Yield: 7.131%
  • APN: 45-08-33-455-011.000-004
  • Situs County: Lake
  • Length Of Ownership: 4 years, 7 months

Rooms

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

Structure

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

Measurements

  • Total: 1,980/SqFt
  • Lot: 8,407/SqFt
  • Gross: 2,376/SqFt
  • Garage: 396/SqFt
  • Living: 1,980/SqFt
  • Building: 2,376/SqFt
  • Ground: 990/SqFt
  • Price Per Square Foot: $71.31

Legal Description

  • Description: MEADOWDALE 2ND SUB. L.16 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: 41.522495 / -87.343544
  • 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

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

Taxes

555 W 53rd Ave has 10 associated Taxes items

555 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 $110,500. The APN we've located for 555 W 53rd Ave is 45-08-33-455-011.000-004.

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Taxes
  • Assessed Value:  $110,500
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-33-455-011.000-004
  • Assessed Land Value:  17000
  • Market Land Value:  17000
  • Tax Amount:  1191.58
  • Tax Year:  2024
  • Market Value:  110500
  • Market Year:  2025

Tax History

555 W 53rd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $110,500 Land Value $17,000 Improvement Value $93,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $99,100 Land Value $17,800 Improvement Value $81,300 Tax Amount $1,191.58 Change Rate -0.856532% Assessed CR Tax Rate +0.012024%
Year 2023 Assessed Value $94,200 Land Value $17,800 Improvement Value $76,400 Tax Amount $8,305.52 Change Rate +7.314999% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value $85,200 Land Value $12,800 Improvement Value $72,400 Tax Amount $998.86 Change Rate -0.154283% Assessed CR Tax Rate +0.011724%
Year 2021 Assessed Value $46,100 Land Value $12,800 Improvement Value $33,300 Tax Amount $1,181.08 Change Rate -0.735086% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $50,600 Land Value $12,800 Improvement Value $37,800 Tax Amount $4,458.36 Change Rate +2.99137% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $50,600 Land Value $12,800 Improvement Value $37,800 Tax Amount $1,117 Change Rate -0.166803% Assessed CR Tax Rate +0.022075%
Year 2018 Assessed Value $50,600 Land Value $12,800 Improvement Value $37,800 Tax Amount $1,340.62 Change Rate +0.213626% Assessed CR Tax Rate +0.026494%
Year 2017 Assessed Value $51,100 Land Value $12,800 Improvement Value $38,300 Tax Amount $1,104.64 Change Rate +0.638057% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $64,500 Land Value $12,800 Improvement Value $51,700 Tax Amount $674.36 Change Rate Assessed CR Tax Rate +0.010455%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $674.36 Change Rate -0.107257% Assessed CR Tax Rate
Year 2014 Assessed Value $69,400 Land Value $14,200 Improvement Value $55,200 Tax Amount $755.38 Change Rate Assessed CR Tax Rate +0.010884%
Year 2013 Assessed Value $66,500 Land Value $14,200 Improvement Value $52,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $700.3 Change Rate Assessed CR Tax Rate