Large Location Icon

1240 N Wayne St; Gary, IN Property Details

1240 N Wayne St, Gary, IN is a Single Family that was built in 1945. This property is not for sale. Our records show that 1240 N Wayne St has 2 bedrooms, and 1 bathroom, and a total of 2,076 square feet. The lot size of 1240 N Wayne St is 10,759 square feet.

Off market
1240 N Wayne St Gary, IN 46403
$444,800 Estimated Value
2 Beds
1 Baths
2,076 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1945
  • Est. Equity / %: $414,000 / 100%
  • Gross Yield: 15.035%
  • APN: 45-05-33-228-021.000-004
  • Situs County: Lake

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 2,076/SqFt
  • Lot: 10,759/SqFt
  • Gross: 2,076/SqFt
  • Living: 2,076/SqFt
  • Building: 2,076/SqFt
  • Ground: 2,076/SqFt

Legal Description

  • Description: LAKE SHORE ADD. E. CHICAGO LOTS 56, 57, AND 58,BLOCK 6
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: 41.62278 / -87.22549
  • Subdivision: Lake Shore Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1634
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1240 N Wayne St has no associated ownership info
1240 N Wayne St has no associated ownership info.

Taxes

1240 N Wayne St has 10 associated Taxes items

1240 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 $444,800. The APN we've located for 1240 N Wayne St is 45-05-33-228-021.000-004.

Unlock the full report
Taxes
  • Assessed Value:  $444,800
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-05-33-228-021.000-004
  • Assessed Land Value:  209800
  • Market Land Value:  209800
  • Tax Amount:  5040.82
  • Tax Year:  2024
  • Market Value:  444800
  • Market Year:  2025

Tax History

1240 N Wayne St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $444,800 Land Value $209,800 Improvement Value $235,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $414,200 Land Value $209,800 Improvement Value $204,400 Tax Amount $5,040.82 Change Rate -0.868267% Assessed CR Tax Rate +0.01217%
Year 2023 Assessed Value $434,000 Land Value $252,800 Improvement Value $181,200 Tax Amount $38,265.35 Change Rate +8.658918% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $3,961.66 Change Rate -0.456077% Assessed CR Tax Rate
Year 2021 Assessed Value $283,900 Land Value $102,400 Improvement Value $181,500 Tax Amount $7,283.5 Change Rate -0.702541% Assessed CR Tax Rate +0.025655%
Year 2020 Assessed Value $277,900 Land Value $102,400 Improvement Value $175,500 Tax Amount $24,485.76 Change Rate +3.587943% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $261,700 Land Value $98,600 Improvement Value $163,100 Tax Amount $5,336.98 Change Rate +0.092014% Assessed CR Tax Rate +0.020394%
Year 2018 Assessed Value $225,300 Land Value $85,000 Improvement Value $140,300 Tax Amount $4,887.28 Change Rate +0.017378% Assessed CR Tax Rate +0.021692%
Year 2017 Assessed Value $220,000 Land Value $79,600 Improvement Value $140,400 Tax Amount $4,803.8 Change Rate +0.071899% Assessed CR Tax Rate +0.021835%
Year 2016 Assessed Value $219,900 Land Value $79,600 Improvement Value $140,300 Tax Amount $4,481.58 Change Rate Assessed CR Tax Rate +0.02038%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,481.58 Change Rate -0.092037% Assessed CR Tax Rate
Year 2014 Assessed Value $208,900 Land Value $75,900 Improvement Value $133,000 Tax Amount $4,935.86 Change Rate Assessed CR Tax Rate +0.023628%
Year 2013 Assessed Value $198,300 Land Value $75,900 Improvement Value $122,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $4,498.9 Change Rate Assessed CR Tax Rate