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721 N Gibson St; Gary, IN Property Details

721 N Gibson St, Gary, IN is a Single Family that was built in 1939. This property is currently Financed and is not for sale. Our records show that 721 N Gibson St has 1 bedroom, and 1 bathroom, and a total of 2,132 square feet. The lot size of 721 N Gibson St is 3,746 square feet.

Off market
721 N Gibson St Gary, IN 46403
$125,000 Estimated Value
1 Beds
1 Baths
2,132 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1939
  • Purchase Price: $102,500
  • Open Loans / Balance: 1 / $57,033
  • Est. Equity / %: $205,967 / 78.31%
  • Gross Yield: 7.515%
  • APN: 45-05-31-251-005.000-004
  • Situs County: Lake
  • Length Of Ownership: 17 years, 1 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 2,132/SqFt
  • Lot: 3,746/SqFt
  • Gross: 3,198/SqFt
  • Garage: 804/SqFt
  • Living: 2,132/SqFt
  • Basement: 1,066/SqFt
  • Building: 3,198/SqFt
  • Ground: 1,066/SqFt
  • Price Per Square Foot: $48.08

Legal Description

  • Description: GARY BEACH SUB. L.16 BL.A
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: 41.617016 / -87.27058
  • Subdivision: Gary Beach Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1024
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Heating: Central

Ownership Info

721 N Gibson St has no associated ownership info
721 N Gibson St has no associated ownership info.

Taxes

721 N Gibson St has 10 associated Taxes items

721 N Gibson St, 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 $125,000. The APN we've located for 721 N Gibson St is 45-05-31-251-005.000-004.

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Taxes
  • Assessed Value:  $125,000
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-05-31-251-005.000-004
  • Assessed Land Value:  30800
  • Market Land Value:  30800
  • Tax Amount:  60
  • Tax Year:  2024
  • Market Value:  125000
  • Market Year:  2025

Tax History

721 N Gibson St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $125,000 Land Value $30,800 Improvement Value $94,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $115,700 Land Value $30,800 Improvement Value $84,900 Tax Amount $60 Change Rate -0.98972% Assessed CR Tax Rate +0.000519%
Year 2023 Assessed Value $66,200 Land Value $30,900 Improvement Value $35,300 Tax Amount $5,836.79 Change Rate Assessed CR Tax Rate +0.088169%
Year 2021 Assessed Value $44,400 Land Value $13,700 Improvement Value $30,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $44,400 Land Value $13,700 Improvement Value $30,700 Tax Amount $60 Change Rate Assessed CR Tax Rate +0.001351%
Year 2019 Assessed Value $44,400 Land Value $13,700 Improvement Value $30,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $44,400 Land Value $13,700 Improvement Value $30,700 Tax Amount $60 Change Rate Assessed CR Tax Rate +0.001351%
Year 2017 Assessed Value $44,800 Land Value $13,700 Improvement Value $31,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $43,900 Land Value $13,000 Improvement Value $30,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $62,600 Land Value $13,600 Improvement Value $49,000 Tax Amount $41.94 Change Rate Assessed CR Tax Rate +0.00067%
Year 2013 Assessed Value $61,200 Land Value $13,700 Improvement Value $47,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,375.2 Change Rate Assessed CR Tax Rate