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229 E 48th Ave; Gary, IN Property Details

229 E 48th Ave, Gary, IN is a Single Family that was built in 1959. This property is currently a cash purchase and is not for sale. Our records show that 229 E 48th Ave has 3 bedrooms, and 1 bathroom, and a total of 2,184 square feet. The lot size of 229 E 48th Ave is 6,055 square feet.

Off market
229 E 48th Ave Gary, IN 46409
$61,296 Listing Price
3 Beds
1 Baths
2,184 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1959
  • Est. Equity / %: $149,000 / 100%
  • Gross Yield: 9.391%
  • APN: 45-08-34-157-012.000-004
  • Situs County: Lake
  • Length Of Ownership: 10 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,184/SqFt
  • Lot: 6,055/SqFt
  • Gross: 3,276/SqFt
  • Garage: 528/SqFt
  • Living: 2,184/SqFt
  • Basement: 1,092/SqFt
  • Building: 3,276/SqFt
  • Ground: 1,092/SqFt

Legal Description

  • Description: BROADMOOR SUB. L.12 BL.7
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: 41.53115 / -87.33284
  • Subdivision: Broadmoor Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2448
  • Bathroom Fixtures: 5
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $325
  • H O A Amount: $325
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

229 E 48th Ave has no associated ownership info
229 E 48th Ave has no associated ownership info.

Taxes

229 E 48th Ave has 10 associated Taxes items

229 E 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 $75,200. The APN we've located for 229 E 48th Ave is 45-08-34-157-012.000-004.

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Taxes
  • Assessed Value:  $75,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-157-012.000-004
  • Assessed Land Value:  6800
  • Market Land Value:  6800
  • Tax Amount:  1496.92
  • Tax Year:  2024
  • Market Value:  75200
  • Market Year:  2025

Tax History

229 E 48th Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $75,200 Land Value $6,800 Improvement Value $68,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $62,000 Land Value $6,800 Improvement Value $55,200 Tax Amount $1,496.92 Change Rate -0.69243% Assessed CR Tax Rate +0.024144%
Year 2023 Assessed Value $55,200 Land Value $6,600 Improvement Value $48,600 Tax Amount $4,866.93 Change Rate +2.504919% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,388.6 Change Rate +0.117532% Assessed CR Tax Rate
Year 2021 Assessed Value $48,500 Land Value $4,500 Improvement Value $44,000 Tax Amount $1,242.56 Change Rate -0.712197% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $49,000 Land Value $4,500 Improvement Value $44,500 Tax Amount $4,317.4 Change Rate +2.777253% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $51,900 Land Value $4,400 Improvement Value $47,500 Tax Amount $1,143 Change Rate -0.14011% Assessed CR Tax Rate +0.022023%
Year 2018 Assessed Value $57,700 Land Value $4,900 Improvement Value $52,800 Tax Amount $1,329.24 Change Rate +0.058346% Assessed CR Tax Rate +0.023037%
Year 2017 Assessed Value $58,100 Land Value $4,900 Improvement Value $53,200 Tax Amount $1,255.96 Change Rate -0.024739% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $60,600 Land Value $4,900 Improvement Value $55,700 Tax Amount $1,287.82 Change Rate Assessed CR Tax Rate +0.021251%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,287.82 Change Rate -0.253342% Assessed CR Tax Rate
Year 2014 Assessed Value $73,700 Land Value $6,200 Improvement Value $67,500 Tax Amount $1,724.78 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $71,500 Land Value $6,100 Improvement Value $65,400 Tax Amount Change Rate Assessed CR Tax Rate