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7125 E 1st Ave; Gary, IN Property Details

7125 E 1st Ave, Gary, IN is a Single Family that was built in 1957. This property is currently a cash purchase and is not for sale. Our records show that 7125 E 1st Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,727 square feet. The lot size of 7125 E 1st Ave is 7,797 square feet.

Off market
7125 E 1st Ave Gary, IN 46403
$119,998 Listing Price
3 Beds
1.5 Baths
1,727 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1957
  • Open Loans / Balance: 2 / $134,487
  • Est. Equity / %: $124,513 / 48.07%
  • Gross Yield: 9.507%
  • APN: 45-05-32-380-022.000-004
  • Situs County: Lake
  • Length Of Ownership: 10 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • 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: 1,727/SqFt
  • Lot: 7,797/SqFt
  • Gross: 2,027/SqFt
  • Garage: 300/SqFt
  • Living: 1,727/SqFt
  • Building: 2,027/SqFt
  • Ground: 1,727/SqFt

Legal Description

  • Description: CONDITS PARKSIDE ADDITION, RESUB BLKS. L-M-N-O-P, PT. BL.J GARY BEACH 2ND SUB. E 2FT L.21 BL.3 W. 50 FT. L.22 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: 41.60765 / -87.25217
  • Subdivision: Side Addition
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3905
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

7125 E 1st Ave has no associated ownership info
7125 E 1st Ave has no associated ownership info.

Taxes

7125 E 1st Ave has 10 associated Taxes items

7125 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 $168,600. The APN we've located for 7125 E 1st Ave is 45-05-32-380-022.000-004.

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Taxes
  • Assessed Value:  $168,600
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-05-32-380-022.000-004
  • Assessed Land Value:  34700
  • Market Land Value:  34700
  • Tax Amount:  1799.12
  • Tax Year:  2024
  • Market Value:  168600
  • Market Year:  2025

Tax History

7125 E 1st Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $168,600 Land Value $34,700 Improvement Value $133,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $157,300 Land Value $34,700 Improvement Value $122,600 Tax Amount $1,799.12 Change Rate -0.854663% Assessed CR Tax Rate +0.011438%
Year 2023 Assessed Value $140,400 Land Value $31,200 Improvement Value $109,200 Tax Amount $12,378.93 Change Rate +7.420812% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,470.04 Change Rate +0.083509% Assessed CR Tax Rate
Year 2021 Assessed Value $113,000 Land Value $16,800 Improvement Value $96,200 Tax Amount $1,356.74 Change Rate -0.612964% Assessed CR Tax Rate +0.012007%
Year 2020 Assessed Value $110,500 Land Value $16,800 Improvement Value $93,700 Tax Amount $3,505.46 Change Rate +2.088511% Assessed CR Tax Rate +0.031724%
Year 2019 Assessed Value $108,100 Land Value $16,000 Improvement Value $92,100 Tax Amount $1,135 Change Rate -0.009235% Assessed CR Tax Rate +0.0105%
Year 2018 Assessed Value $103,100 Land Value $16,000 Improvement Value $87,100 Tax Amount $1,145.58 Change Rate +0.016306% Assessed CR Tax Rate +0.011111%
Year 2017 Assessed Value $105,600 Land Value $15,700 Improvement Value $89,900 Tax Amount $1,127.2 Change Rate +0.010996% Assessed CR Tax Rate +0.010674%
Year 2016 Assessed Value $109,800 Land Value $15,700 Improvement Value $94,100 Tax Amount $1,114.94 Change Rate Assessed CR Tax Rate +0.010154%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,114.94 Change Rate -0.554576% Assessed CR Tax Rate
Year 2014 Assessed Value $106,700 Land Value $16,000 Improvement Value $90,700 Tax Amount $2,503.1 Change Rate Assessed CR Tax Rate +0.023459%
Year 2013 Assessed Value $102,000 Land Value $16,000 Improvement Value $86,000 Tax Amount Change Rate Assessed CR Tax Rate