Large Location Icon

7120 E 1st Ave; Gary, IN Property Details

7120 E 1st Ave, Gary, IN is a Single Family that was built in 1956. This property is currently a cash purchase and is not for sale. Our records show that 7120 E 1st Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 2,502 square feet. The lot size of 7120 E 1st Ave is 11,108 square feet.

Off market
7120 E 1st Ave Gary, IN 46403
$258,300 Estimated Value
3 Beds
1.5 Baths
2,502 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Open Loans / Balance: 1 / $88,504
  • Est. Equity / %: $170,496 / 65.83%
  • Gross Yield: 14.145%
  • APN: 45-05-32-379-025.000-004
  • Situs County: Lake
  • Length Of Ownership: 11 months

Rooms

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

Structure

  • Building Style: Masonry
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,502/SqFt
  • Lot: 11,108/SqFt
  • Gross: 2,852/SqFt
  • Garage: 350/SqFt
  • Living: 2,502/SqFt
  • Building: 2,852/SqFt
  • Ground: 2,502/SqFt

Legal Description

  • Description: CONDITS PARKSIDE ADDITION,RESUB. BLKS L-M-N-O-P, PT. BL. J GARY BEACH 2ND SUB. L.12 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: 41.608223 / -87.25225
  • Subdivision: Side Addition
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3906
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

7120 E 1st Ave has no associated ownership info
7120 E 1st Ave has no associated ownership info.

Taxes

7120 E 1st Ave has 10 associated Taxes items

7120 E 1st 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 $258,300. The APN we've located for 7120 E 1st Ave is 45-05-32-379-025.000-004.

Unlock the full report
Taxes
  • Assessed Value:  $258,300
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-05-32-379-025.000-004
  • Assessed Land Value:  42600
  • Market Land Value:  42600
  • Tax Amount:  2330.88
  • Tax Year:  2024
  • Market Value:  258300
  • Market Year:  2025

Tax History

7120 E 1st Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $258,300 Land Value $42,600 Improvement Value $215,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,330.88 Change Rate -0.853942% Assessed CR Tax Rate
Year 2023 Assessed Value $181,000 Land Value $39,200 Improvement Value $141,800 Tax Amount $15,958.59 Change Rate +7.138318% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,960.92 Change Rate +0.08458% Assessed CR Tax Rate
Year 2021 Assessed Value $145,700 Land Value $21,200 Improvement Value $124,500 Tax Amount $1,808 Change Rate -0.660127% Assessed CR Tax Rate +0.012409%
Year 2020 Assessed Value $142,500 Land Value $21,200 Improvement Value $121,300 Tax Amount $5,319.64 Change Rate +2.661142% Assessed CR Tax Rate +0.037331%
Year 2019 Assessed Value $139,300 Land Value $20,200 Improvement Value $119,100 Tax Amount $1,453 Change Rate -0.000564% Assessed CR Tax Rate +0.010431%
Year 2018 Assessed Value $132,800 Land Value $20,200 Improvement Value $112,600 Tax Amount $1,453.82 Change Rate +0.03357% Assessed CR Tax Rate +0.010947%
Year 2017 Assessed Value $132,000 Land Value $19,800 Improvement Value $112,200 Tax Amount $1,406.6 Change Rate -0.015717% Assessed CR Tax Rate +0.010656%
Year 2016 Assessed Value $141,300 Land Value $19,800 Improvement Value $121,500 Tax Amount $1,429.06 Change Rate Assessed CR Tax Rate +0.010114%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,429.06 Change Rate -0.075006% Assessed CR Tax Rate
Year 2014 Assessed Value $135,500 Land Value $20,100 Improvement Value $115,400 Tax Amount $1,544.94 Change Rate Assessed CR Tax Rate +0.011402%
Year 2013 Assessed Value $129,700 Land Value $20,200 Improvement Value $109,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,425.6 Change Rate Assessed CR Tax Rate