Large Location Icon

1224 N Wayne St; Gary, IN Property Details

1224 N Wayne St, Gary, IN is a Duplex 2 Units that was built in 1931. This property is currently Financed and is not for sale. Our records show that 1224 N Wayne St has 4 bedrooms, and 2 bathrooms, and a total of 1,480 square feet. The lot size of 1224 N Wayne St is 6,229 square feet.

Off market
1224 N Wayne St Gary, IN 46403
$309,200 Estimated Value
4 Beds
2 Baths
1,480 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1931
  • Purchase Price: $231,300
  • Open Loans: 1
  • Inv. Liens / Amount: 1 / $36,210
  • Gross Yield: 8.419%
  • APN: 45-05-33-228-023.000-004
  • Situs County: Lake
  • Length Of Ownership: 18 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

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

Measurements

  • Total: 1,480/SqFt
  • Lot: 6,229/SqFt
  • Gross: 1,480/SqFt
  • Garage: 1,528/SqFt
  • Living: 1,480/SqFt
  • Building: 1,480/SqFt
  • Ground: 1,528/SqFt
  • Price Per Square Foot: $156.28

Legal Description

  • Description: LAKE SHORE ADD. E. CHICAGO ALL L.53 BL.6 ALL L.54 BL.6
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gary Community School Corporation
  • Lat / Lon: 41.622494 / -87.22553
  • Subdivision: Lake Shore Add
  • Property Class: Residential
  • County Use Code: 520

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1600
  • Bathroom Fixtures: 10
  • Cooling: None
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1224 N Wayne St has no associated ownership info
1224 N Wayne St has no associated ownership info.

Taxes

1224 N Wayne St has 10 associated Taxes items

1224 N Wayne 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 $309,200. The APN we've located for 1224 N Wayne St is 45-05-33-228-023.000-004.

Unlock the full report
Taxes
  • Assessed Value:  $309,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-05-33-228-023.000-004
  • Assessed Land Value:  145800
  • Market Land Value:  145800
  • Tax Amount:  3649.26
  • Tax Year:  2024
  • Market Value:  309200
  • Market Year:  2025

Tax History

1224 N Wayne St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $309,200 Land Value $145,800 Improvement Value $163,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $291,100 Land Value $145,800 Improvement Value $145,300 Tax Amount $3,649.26 Change Rate -0.827831% Assessed CR Tax Rate +0.012536%
Year 2023 Assessed Value $240,400 Land Value $147,000 Improvement Value $93,400 Tax Amount $21,195.83 Change Rate +7.11274% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $2,612.66 Change Rate +0.071544% Assessed CR Tax Rate
Year 2021 Assessed Value $152,100 Land Value $59,500 Improvement Value $92,600 Tax Amount $2,438.22 Change Rate -0.655473% Assessed CR Tax Rate +0.01603%
Year 2020 Assessed Value $148,900 Land Value $59,500 Improvement Value $89,400 Tax Amount $7,077 Change Rate +2.790573% Assessed CR Tax Rate +0.047529%
Year 2019 Assessed Value $140,400 Land Value $57,300 Improvement Value $83,100 Tax Amount $1,867 Change Rate +0.073149% Assessed CR Tax Rate +0.013298%
Year 2018 Assessed Value $120,900 Land Value $49,400 Improvement Value $71,500 Tax Amount $1,739.74 Change Rate +0.059125% Assessed CR Tax Rate +0.01439%
Year 2017 Assessed Value $118,200 Land Value $46,300 Improvement Value $71,900 Tax Amount $1,642.62 Change Rate +0.075196% Assessed CR Tax Rate +0.013897%
Year 2016 Assessed Value $118,100 Land Value $46,300 Improvement Value $71,800 Tax Amount $1,527.74 Change Rate Assessed CR Tax Rate +0.012936%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,527.74 Change Rate -0.118025% Assessed CR Tax Rate
Year 2014 Assessed Value $116,800 Land Value $44,100 Improvement Value $72,700 Tax Amount $1,732.18 Change Rate Assessed CR Tax Rate +0.01483%
Year 2013 Assessed Value $110,900 Land Value $44,100 Improvement Value $66,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,577.46 Change Rate Assessed CR Tax Rate