Large Location Icon

985 Colfax St; Gary, IN Property Details

985 Colfax St, Gary, IN is a Single Family that was built in 1958. This property is currently a cash purchase and is not for sale. Our records show that 985 Colfax St has 2 bedrooms, and 1 bathroom, and a total of 1,920 square feet. The lot size of 985 Colfax St is 9,104 square feet.

Off market
985 Colfax St Gary, IN 46406
$70,000 Listing Price
2 Beds
1 Baths
1,920 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Est. Equity / %: $89,000 / 100%
  • Gross Yield: 30.31%
  • APN: 45-07-12-101-010.000-004
  • Situs County: Lake
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 2

Structure

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

Measurements

  • Total: 1,920/SqFt
  • Lot: 9,104/SqFt
  • Gross: 2,880/SqFt
  • Garage: 960/SqFt
  • Living: 1,920/SqFt
  • Basement: 960/SqFt
  • Building: 2,880/SqFt
  • Ground: 960/SqFt

Legal Description

  • Description: SUBURBAN ACRES (0.208 A.) L.30
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: 41.59364 / -87.41292
  • Subdivision: Suburban
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1901
  • Bathroom Fixtures: 5
  • Cooling: None
  • Heating: Central

Ownership Info

985 Colfax St has no associated ownership info
985 Colfax St has no associated ownership info.

Taxes

985 Colfax St has 10 associated Taxes items

985 Colfax 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 $83,800. The APN we've located for 985 Colfax St is 45-07-12-101-010.000-004.

Unlock the full report
Taxes
  • Assessed Value:  $83,800
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-07-12-101-010.000-004
  • Assessed Land Value:  12200
  • Market Land Value:  12200
  • Tax Amount:  1830.16
  • Tax Year:  2024
  • Market Value:  83800
  • Market Year:  2025

Tax History

985 Colfax St has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $83,800 Land Value $12,200 Improvement Value $71,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $75,800 Land Value $12,900 Improvement Value $62,900 Tax Amount $1,830.16 Change Rate -0.70431% Assessed CR Tax Rate +0.024145%
Year 2023 Assessed Value $70,200 Land Value $12,900 Improvement Value $57,300 Tax Amount $6,189.46 Change Rate Assessed CR Tax Rate +0.088169%
Year 2021 Assessed Value $42,400 Land Value $8,600 Improvement Value $33,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $40,400 Land Value $8,600 Improvement Value $31,800 Tax Amount $60 Change Rate Assessed CR Tax Rate +0.001485%
Year 2019 Assessed Value $40,400 Land Value $8,600 Improvement Value $31,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $44,400 Land Value $8,600 Improvement Value $35,800 Tax Amount $60 Change Rate Assessed CR Tax Rate +0.001351%
Year 2017 Assessed Value $44,800 Land Value $8,600 Improvement Value $36,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $46,400 Land Value $8,600 Improvement Value $37,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $47,800 Land Value $9,800 Improvement Value $38,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $46,300 Land Value $9,800 Improvement Value $36,500 Tax Amount Change Rate Assessed CR Tax Rate