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724 W 45th Ave; Gary, IN Property Details

724 W 45th Ave, Gary, IN is a Single Family that was built in 1940. This property is currently a cash purchase and is not for sale. Our records show that 724 W 45th Ave has 3 bedrooms, and 1 bathroom, and a total of 1,480 square feet. The lot size of 724 W 45th Ave is 5,053 square feet.

Off market
724 W 45th Ave Gary, IN 46408
$101,600 Estimated Value
3 Beds
1 Baths
1,480 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1940
  • Open Loans / Balance: 1 / $109,639
  • Est. Equity / %: $56,361 / 33.95%
  • Gross Yield: 12.687%
  • APN: 45-08-28-454-016.000-004
  • Situs County: Lake
  • Length Of Ownership: 4 years, 4 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,480/SqFt
  • Lot: 5,053/SqFt
  • Gross: 2,288/SqFt
  • Garage: 576/SqFt
  • Living: 1,480/SqFt
  • Basement: 808/SqFt
  • Building: 2,288/SqFt
  • Ground: 1,480/SqFt

Legal Description

  • Description: HIGHLAND PARK 3RD ADD. E. 40 FT. OF L.1 BL.9
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: 41.537003 / -87.3455
  • Subdivision: Highland Park 3rd Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3939
  • Bathroom Fixtures: 5
  • Cooling: None
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

724 W 45th Ave has no associated ownership info
724 W 45th Ave has no associated ownership info.

Taxes

724 W 45th Ave has 10 associated Taxes items

724 W 45th 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 $101,600. The APN we've located for 724 W 45th Ave is 45-08-28-454-016.000-004.

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Taxes
  • Assessed Value:  $101,600
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-28-454-016.000-004
  • Assessed Land Value:  9900
  • Market Land Value:  9900
  • Tax Amount:  1375.88
  • Tax Year:  2024
  • Market Value:  101600
  • Market Year:  2025

Tax History

724 W 45th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $101,600 Land Value $9,900 Improvement Value $91,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $53,900 Land Value $9,000 Improvement Value $44,900 Tax Amount $1,375.88 Change Rate -0.690377% Assessed CR Tax Rate +0.025527%
Year 2023 Assessed Value $50,400 Land Value $9,000 Improvement Value $41,400 Tax Amount $4,443.72 Change Rate +3.336183% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,024.8 Change Rate +1.320757% Assessed CR Tax Rate
Year 2021 Assessed Value $40,000 Land Value $7,400 Improvement Value $32,600 Tax Amount $441.58 Change Rate -0.322751% Assessed CR Tax Rate +0.01104%
Year 2020 Assessed Value $40,000 Land Value $7,400 Improvement Value $32,600 Tax Amount $652.02 Change Rate +0.291129% Assessed CR Tax Rate +0.016301%
Year 2019 Assessed Value $40,000 Land Value $7,400 Improvement Value $32,600 Tax Amount $505 Change Rate -0.017548% Assessed CR Tax Rate +0.012625%
Year 2018 Assessed Value $40,000 Land Value $7,400 Improvement Value $32,600 Tax Amount $514.02 Change Rate +0.247682% Assessed CR Tax Rate +0.012851%
Year 2017 Assessed Value $40,000 Land Value $7,400 Improvement Value $32,600 Tax Amount $411.98 Change Rate -0.511351% Assessed CR Tax Rate +0.0103%
Year 2016 Assessed Value $40,000 Land Value $7,400 Improvement Value $32,600 Tax Amount $843.1 Change Rate Assessed CR Tax Rate +0.021078%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $843.1 Change Rate -0.099368% Assessed CR Tax Rate
Year 2014 Assessed Value $40,000 Land Value $7,400 Improvement Value $32,600 Tax Amount $936.12 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $61,900 Land Value $7,400 Improvement Value $54,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,383.52 Change Rate Assessed CR Tax Rate