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2207 W 48th Ave; Gary, IN Property Details

2207 W 48th Ave, Gary, IN is a Single Family that was built in 1948. This property is currently a cash purchase and is not for sale. Our records show that 2207 W 48th Ave has 2 bedrooms, and 1 bathroom, and a total of 1,276 square feet. The lot size of 2207 W 48th Ave is 3,833 square feet.

Off market
2207 W 48th Ave Gary, IN 46408
$37,500 Listing Price
2 Beds
1 Baths
1,276 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1948
  • Purchase Price: $37,500
  • Est. Equity / %: $138,000 / 100%
  • Gross Yield: 12.13%
  • APN: 45-08-32-255-006.000-001
  • Situs County: Lake
  • Length Of Ownership: 1 year, 7 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 1,276/SqFt
  • Lot: 3,833/SqFt
  • Gross: 1,276/SqFt
  • Garage: 638/SqFt
  • Living: 1,276/SqFt
  • Building: 1,276/SqFt
  • Ground: 638/SqFt
  • Price Per Square Foot: $29.39

Legal Description

  • Description: ORCHARD HILL ADD. GARY L.39 BL.3
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: 41.53131 / -87.363144
  • Subdivision: Orchard Hill Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4205
  • Bathroom Fixtures: 5
  • Cooling: None
  • Heating: Central

Ownership Info

2207 W 48th Ave has no associated ownership info
2207 W 48th Ave has no associated ownership info.

Taxes

2207 W 48th Ave has 10 associated Taxes items

2207 W 48th Ave, 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 $64,000. The APN we've located for 2207 W 48th Ave is 45-08-32-255-006.000-001.

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Taxes
  • Assessed Value:  $64,000
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-32-255-006.000-001
  • Assessed Land Value:  6600
  • Market Land Value:  6600
  • Tax Amount:  986.6
  • Tax Year:  2024
  • Market Value:  64000
  • Market Year:  2025

Tax History

2207 W 48th Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,000 Land Value $6,600 Improvement Value $57,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $48,900 Land Value $5,700 Improvement Value $43,200 Tax Amount $986.6 Change Rate -0.486469% Assessed CR Tax Rate +0.020176%
Year 2023 Assessed Value $45,100 Land Value $5,700 Improvement Value $39,400 Tax Amount $1,921.21 Change Rate +1.120541% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $906 Change Rate +0.07601% Assessed CR Tax Rate
Year 2021 Assessed Value $42,100 Land Value $5,600 Improvement Value $36,500 Tax Amount $842 Change Rate -0.529178% Assessed CR Tax Rate +0.02%
Year 2020 Assessed Value $43,900 Land Value $5,600 Improvement Value $38,300 Tax Amount $1,788.36 Change Rate +0.889246% Assessed CR Tax Rate +0.040737%
Year 2019 Assessed Value $43,100 Land Value $5,400 Improvement Value $37,700 Tax Amount $946.6 Change Rate +0.159651% Assessed CR Tax Rate +0.021963%
Year 2018 Assessed Value $25,600 Land Value $5,100 Improvement Value $20,500 Tax Amount $816.28 Change Rate +0.065306% Assessed CR Tax Rate +0.031886%
Year 2017 Assessed Value $26,600 Land Value $5,100 Improvement Value $21,500 Tax Amount $766.24 Change Rate -0.010895% Assessed CR Tax Rate +0.028806%
Year 2016 Assessed Value $27,100 Land Value $5,000 Improvement Value $22,100 Tax Amount $774.68 Change Rate Assessed CR Tax Rate +0.028586%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $774.68 Change Rate +0.039309% Assessed CR Tax Rate
Year 2014 Assessed Value $25,500 Land Value $5,100 Improvement Value $20,400 Tax Amount $745.38 Change Rate Assessed CR Tax Rate +0.029231%
Year 2013 Assessed Value $25,300 Land Value $5,100 Improvement Value $20,200 Tax Amount Change Rate Assessed CR Tax Rate