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840 E 25th Ave; Gary, IN Property Details

840 E 25th Ave, Gary, IN is a Single Family that was built in 1943. This property is currently a cash purchase and is for sale. Our records show that 840 E 25th Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,790 square feet. The lot size of 840 E 25th Ave is 3,006 square feet.

On Market for 139 days
840 E 25th Ave Gary, IN 46407
$187,000 Listing Price
3 Beds
2 Baths
1,790 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1943
  • Purchase Price: $5,000
  • Est. Equity / %: $185,000 / 100%
  • Gross Yield: 11.865%
  • APN: 45-08-15-257-009.000-004
  • Situs County: Lake
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 3

Structure

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

Measurements

  • Total: 1,790/SqFt
  • Lot: 3,006/SqFt
  • Gross: 2,678/SqFt
  • Garage: 904/SqFt
  • Living: 1,790/SqFt
  • Basement: 888/SqFt
  • Building: 2,678/SqFt
  • Ground: 895/SqFt
  • Price Per Square Foot: $2.79

Legal Description

  • Description: DIAMOND PARK SUB. L.14 BL.7
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: 41.573277 / -87.3262
  • Subdivision: Diamond Park Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3708
  • Bathroom Fixtures: 8
  • Cooling: None
  • Heating: Central

Ownership Info

840 E 25th Ave has no associated ownership info
840 E 25th Ave has no associated ownership info.

Taxes

840 E 25th Ave has 10 associated Taxes items

840 E 25th 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 $35,200. The APN we've located for 840 E 25th Ave is 45-08-15-257-009.000-004.

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Taxes
  • Assessed Value:  $35,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-15-257-009.000-004
  • Assessed Land Value:  4100
  • Market Land Value:  4100
  • Tax Amount:  1060.18
  • Tax Year:  2024
  • Market Value:  35200
  • Market Year:  2025

Tax History

840 E 25th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $35,200 Land Value $4,100 Improvement Value $31,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,060.18 Change Rate -0.638907% Assessed CR Tax Rate
Year 2023 Assessed Value $33,300 Land Value $4,300 Improvement Value $29,000 Tax Amount $2,936.03 Change Rate +2.745032% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $783.98 Change Rate +0.07371% Assessed CR Tax Rate
Year 2021 Assessed Value $28,500 Land Value $4,300 Improvement Value $24,200 Tax Amount $730.16 Change Rate -0.709232% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $28,500 Land Value $4,300 Improvement Value $24,200 Tax Amount $2,511.14 Change Rate +0.21048% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $28,500 Land Value $4,300 Improvement Value $24,200 Tax Amount $2,074.5 Change Rate +0.117907% Assessed CR Tax Rate +0.072789%
Year 2018 Assessed Value $28,500 Land Value $4,300 Improvement Value $24,200 Tax Amount $1,855.7 Change Rate +1.980661% Assessed CR Tax Rate +0.065112%
Year 2017 Assessed Value $28,800 Land Value $4,300 Improvement Value $24,500 Tax Amount $622.58 Change Rate -0.021931% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $29,900 Land Value $4,300 Improvement Value $25,600 Tax Amount $636.54 Change Rate Assessed CR Tax Rate +0.021289%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $636.54 Change Rate -0.096389% Assessed CR Tax Rate
Year 2014 Assessed Value $30,100 Land Value $4,500 Improvement Value $25,600 Tax Amount $704.44 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $34,200 Land Value $4,500 Improvement Value $29,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $768.5 Change Rate Assessed CR Tax Rate