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7718 Oak Ave; Gary, IN Property Details

7718 Oak Ave, Gary, IN is a Single Family that was built in 1924. This property is not for sale. Our records show that 7718 Oak Ave has 3 bedrooms, and 1 bathroom, and a total of 1,035 square feet. The lot size of 7718 Oak Ave is 4,748 square feet.

Off market
7718 Oak Ave Gary, IN 46403
$275,200 Estimated Value
3 Beds
1 Baths
1,035 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1924
  • Est. Equity / %: $567,000 / 100%
  • Gross Yield: 7.636%
  • APN: 45-05-32-227-029.000-004
  • Situs County: Lake

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,035/SqFt
  • Lot: 4,748/SqFt
  • Gross: 1,494/SqFt
  • Garage: 1,035/SqFt
  • Living: 1,035/SqFt
  • Basement: 459/SqFt
  • Building: 1,494/SqFt
  • Ground: 1,035/SqFt

Legal Description

  • Description: NORCOTTS ADD. INDIANA CITY E2. L.40 BL.27 ALL L.41 BL.27
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: 41.620125 / -87.245056
  • Subdivision: Norcotts Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1363
  • Bathroom Fixtures: 5
  • Cooling: None
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

7718 Oak Ave has no associated ownership info
7718 Oak Ave has no associated ownership info.

Taxes

7718 Oak Ave has 10 associated Taxes items

7718 Oak 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 $275,200. The APN we've located for 7718 Oak Ave is 45-05-32-227-029.000-004.

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Taxes
  • Assessed Value:  $275,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-05-32-227-029.000-004
  • Assessed Land Value:  122200
  • Market Land Value:  122200
  • Tax Amount:  2727.4
  • Tax Year:  2024
  • Market Value:  275200
  • Market Year:  2025

Tax History

7718 Oak Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $275,200 Land Value $122,200 Improvement Value $153,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $256,900 Land Value $122,200 Improvement Value $134,700 Tax Amount $2,727.4 Change Rate -0.848364% Assessed CR Tax Rate +0.010617%
Year 2023 Assessed Value $204,000 Land Value $111,700 Improvement Value $92,300 Tax Amount $17,986.48 Change Rate +8.996154% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,799.34 Change Rate +0.068086% Assessed CR Tax Rate
Year 2021 Assessed Value $136,900 Land Value $45,300 Improvement Value $91,600 Tax Amount $1,684.64 Change Rate -0.651482% Assessed CR Tax Rate +0.012306%
Year 2020 Assessed Value $133,800 Land Value $45,300 Improvement Value $88,500 Tax Amount $4,833.72 Change Rate +2.67863% Assessed CR Tax Rate +0.036126%
Year 2019 Assessed Value $125,800 Land Value $43,600 Improvement Value $82,200 Tax Amount $1,314 Change Rate +0.097176% Assessed CR Tax Rate +0.010445%
Year 2018 Assessed Value $108,300 Land Value $37,500 Improvement Value $70,800 Tax Amount $1,197.62 Change Rate +0.058062% Assessed CR Tax Rate +0.011058%
Year 2017 Assessed Value $106,400 Land Value $35,200 Improvement Value $71,200 Tax Amount $1,131.9 Change Rate +0.055562% Assessed CR Tax Rate +0.010638%
Year 2016 Assessed Value $106,300 Land Value $35,200 Improvement Value $71,100 Tax Amount $1,072.32 Change Rate Assessed CR Tax Rate +0.010088%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,072.32 Change Rate -0.119331% Assessed CR Tax Rate
Year 2014 Assessed Value $108,000 Land Value $33,500 Improvement Value $74,500 Tax Amount $1,217.62 Change Rate Assessed CR Tax Rate +0.011274%
Year 2013 Assessed Value $102,100 Land Value $33,500 Improvement Value $68,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,113.6 Change Rate Assessed CR Tax Rate