- Assessed Value: $147,500
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-32-404-019.000-001
- Assessed Land Value: 17500
- Market Land Value: 17500
- Tax Amount: 1309.6
- Tax Year: 2024
- Market Value: 147500
- Market Year: 2025
2040 W 50th Pl; Gary, IN Property Details
Off market
2040 W 50th Pl Gary, IN 46408
$100,294 Listing Price
3 Beds
1.5 Baths
1,986 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1963
- Est. Equity / %: $204,000 / 100%
- Gross Yield: 12.971%
- APN: 45-08-32-404-019.000-001
- Situs County: Lake
- Length Of Ownership: 13 years, 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 3
- Partial Bathrooms: 1
Structure
- Building Style: Masonry
- Stories: 2
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,986/SqFt
- Lot: 9,801/SqFt
- Gross: 3,044/SqFt
- Garage: 464/SqFt
- Living: 1,986/SqFt
- Basement: 594/SqFt
- Building: 3,044/SqFt
- Ground: 1,986/SqFt
Legal Description
- Description: WOODS PARK UNIT NO.1 L.31
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Lake Ridge Schools
- Lat / Lon: 41.52758 / -87.361946
- Subdivision: Woods Park Unit No.1
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 4232
- Bathroom Fixtures: 7
- Cooling: None
- Garage: Attached Garage
- Heating: Central
- Parking: 2
HOA
- H O A One Type: Planned Unit Development
Ownership Info
2040 W 50th Pl has no associated ownership info
2040 W 50th Pl has no associated ownership info.
Taxes
2040 W 50th Pl has 10 associated Taxes items
2040 W 50th 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 $147,500. The APN we've located for 2040 W 50th Pl is 45-08-32-404-019.000-001.
Unlock the full reportTaxes
Tax History
2040 W 50th Pl has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $147,500 | Land Value $17,500 | Improvement Value $130,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $121,200 | Land Value $17,500 | Improvement Value $103,700 | Tax Amount $1,309.6 | Change Rate -0.749041% | Assessed CR | Tax Rate +0.010805% |
| Year 2023 | Assessed Value $122,500 | Land Value $17,500 | Improvement Value $105,000 | Tax Amount $5,218.38 | Change Rate +3.309149% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,211 | Change Rate +0.077402% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $112,400 | Land Value $16,000 | Improvement Value $96,400 | Tax Amount $1,124 | Change Rate -0.434773% | Assessed CR | Tax Rate +0.01% |
| Year 2020 | Assessed Value $120,100 | Land Value $16,000 | Improvement Value $104,100 | Tax Amount $1,988.58 | Change Rate +0.646721% | Assessed CR | Tax Rate +0.016558% |
| Year 2019 | Assessed Value $112,300 | Land Value $15,200 | Improvement Value $97,100 | Tax Amount $1,207.6 | Change Rate -0.237135% | Assessed CR | Tax Rate +0.010753% |
| Year 2018 | Assessed Value $112,300 | Land Value $15,200 | Improvement Value $97,100 | Tax Amount $1,582.98 | Change Rate +0.035534% | Assessed CR | Tax Rate +0.014096% |
| Year 2017 | Assessed Value $113,600 | Land Value $15,200 | Improvement Value $98,400 | Tax Amount $1,528.66 | Change Rate -0.065737% | Assessed CR | Tax Rate +0.013457% |
| Year 2016 | Assessed Value $118,000 | Land Value $15,200 | Improvement Value $102,800 | Tax Amount $1,636.22 | Change Rate | Assessed CR | Tax Rate +0.013866% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,636.22 | Change Rate +0.031964% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $119,900 | Land Value $15,800 | Improvement Value $104,100 | Tax Amount $1,585.54 | Change Rate | Assessed CR | Tax Rate +0.013224% |
| Year 2013 | Assessed Value $123,800 | Land Value $15,800 | Improvement Value $108,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,562.92 | Change Rate | Assessed CR | Tax Rate |