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    Property profile & analytics

    23rd Ave At Taft St Gary, IN 46404

    • Assisted living facilities
    • 35,068 SF
    • 7.77 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 25, 2023
    Location Intelligence
    Property ID
    US31-0644673
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 23rd Ave At Taft St

    Year built
    1984
    Construction
    WOOD
    Lot size
    7.77 lot acres
    Property size
    35,068 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    45-08-17-180-001.000-004
    APU
    450817180001000004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.3667
    Latitude
    41.5758
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $111,802
    $427,200
    $3,757,600
    $4,184,800
    -
    $427,200
    $3,757,600
    $4,184,800

    Comparable in this City

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      $300,000
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      2054 Grant St, Unit 76

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    • Value Estimation
      $355,000
      9,114 SF

      1601 5th Ave, Unit 19

      MEDICAL BUILDING • 9,114 SF
      1601 5th Ave, Gary, IN 46404-1506
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    • Value Estimation by Request
      34,414 SF

      2275 25th Ave

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    • Value Estimation by Request
      11,047 SF

      1705 25th Ave, Unit 35

      MEDICAL BUILDING • 11,047 SF
      1705 25th Ave, Gary, IN 46404-3544
      View Details
    • Value Estimation
      $575,000
      14,172 SF

      2400 Clark Rd

      MEDICAL BUILDING • 14,172 SF
      2400 Clark Rd, Gary, IN 46404
      View Details
    • Value Estimation
      $320,000
      2,240 SF

      1901 Grant St

      MEDICAL BUILDING • 2,240 SF
      1901 Grant St, Gary, IN 46404-2761
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      9,200 SF commercial space suitable for various business uses.
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    Gary, IN 46404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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