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1120 E 48th Pl; Gary, IN Property Details

1120 E 48th Pl, Gary, IN is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 1120 E 48th Pl has 3 bedrooms, and 1 bathroom, and a total of 2,268 square feet. The lot size of 1120 E 48th Pl is 7,667 square feet.

Off market
1120 E 48th Pl Gary, IN 46409
$83,200 Estimated Value
3 Beds
1 Baths
2,268 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $62,800
  • Open Loans / Balance: 1 / $31,658
  • Est. Equity / %: $83,342 / 72.47%
  • Gross Yield: 8.285%
  • APN: 45-08-34-256-022.000-004
  • Situs County: Lake
  • Length Of Ownership: 20 years, 8 months

Rooms

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

Structure

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

Measurements

  • Total: 2,268/SqFt
  • Lot: 7,667/SqFt
  • Gross: 3,882/SqFt
  • Garage: 480/SqFt
  • Living: 2,268/SqFt
  • Basement: 1,134/SqFt
  • Building: 3,882/SqFt
  • Ground: 1,134/SqFt
  • Price Per Square Foot: $27.69

Legal Description

  • Description: FAIRVIEW LOT 62
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: 41.530407 / -87.32264
  • Subdivision: Fairview
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2616
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1120 E 48th Pl has no associated ownership info
1120 E 48th Pl has no associated ownership info.

Taxes

1120 E 48th Pl has 10 associated Taxes items

1120 E 48th Pl, 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 $83,200. The APN we've located for 1120 E 48th Pl is 45-08-34-256-022.000-004.

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Taxes
  • Assessed Value:  $83,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-256-022.000-004
  • Assessed Land Value:  8100
  • Market Land Value:  8100
  • Tax Amount:  561.82
  • Tax Year:  2024
  • Market Value:  83200
  • Market Year:  2025

Tax History

1120 E 48th Pl has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $83,200 Land Value $8,100 Improvement Value $75,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $68,800 Land Value $8,100 Improvement Value $60,700 Tax Amount $561.82 Change Rate -0.843052% Assessed CR Tax Rate +0.008166%
Year 2023 Assessed Value $40,600 Land Value $9,300 Improvement Value $31,300 Tax Amount $3,579.66 Change Rate +7.256435% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $433.56 Change Rate +0.111635% Assessed CR Tax Rate
Year 2021 Assessed Value $35,500 Land Value $6,300 Improvement Value $29,200 Tax Amount $390.02 Change Rate -0.395449% Assessed CR Tax Rate +0.010986%
Year 2020 Assessed Value $39,700 Land Value $6,300 Improvement Value $33,400 Tax Amount $645.14 Change Rate +0.300685% Assessed CR Tax Rate +0.01625%
Year 2019 Assessed Value $39,100 Land Value $6,200 Improvement Value $32,900 Tax Amount $496 Change Rate -0.098411% Assessed CR Tax Rate +0.012685%
Year 2018 Assessed Value $43,500 Land Value $6,900 Improvement Value $36,600 Tax Amount $550.14 Change Rate +0.21551% Assessed CR Tax Rate +0.012647%
Year 2017 Assessed Value $43,900 Land Value $6,900 Improvement Value $37,000 Tax Amount $452.6 Change Rate -0.06692% Assessed CR Tax Rate +0.01031%
Year 2016 Assessed Value $45,700 Land Value $6,900 Improvement Value $38,800 Tax Amount $485.06 Change Rate Assessed CR Tax Rate +0.010614%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $485.06 Change Rate -0.172648% Assessed CR Tax Rate
Year 2014 Assessed Value $54,800 Land Value $8,600 Improvement Value $46,200 Tax Amount $586.28 Change Rate Assessed CR Tax Rate +0.010699%
Year 2013 Assessed Value $53,300 Land Value $8,600 Improvement Value $44,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $559.82 Change Rate Assessed CR Tax Rate