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2040 W 50th Pl; Gary, IN Property Details

2040 W 50th Pl, Gary, IN is a Single Family that was built in 1963. This property is currently a cash purchase and is not for sale. Our records show that 2040 W 50th Pl has 3 bedrooms, and 1.5 bathrooms, and a total of 1,986 square feet. The lot size of 2040 W 50th Pl is 9,801 square feet.

Off market
2040 W 50th Pl Gary, IN 46408
$100,294 Listing Price
3 Beds
1.5 Baths
1,986 SqFt
Property 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.

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Taxes
  • 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

Tax History

2040 W 50th Pl has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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