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242 N Henry St; Gary, IN Property Details

242 N Henry St, Gary, IN is a Single Family that was built in 1958. This property is currently a cash purchase and is not for sale. Our records show that 242 N Henry St has 2 bedrooms, and 1 bathroom, and a total of 1,650 square feet. The lot size of 242 N Henry St is 3,136 square feet.

Off market
242 N Henry St Gary, IN 46403
$47,900 Estimated Value
2 Beds
1 Baths
1,650 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Est. Equity / %: $129,000 / 100%
  • Gross Yield: 6.177%
  • APN: 45-05-31-457-028.000-004
  • Situs County: Lake
  • Length Of Ownership: 19 years, 3 months

Rooms

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

Structure

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

Measurements

  • Total: 1,650/SqFt
  • Lot: 3,136/SqFt
  • Gross: 1,650/SqFt
  • Garage: 825/SqFt
  • Living: 1,650/SqFt
  • Building: 1,650/SqFt
  • Ground: 825/SqFt

Legal Description

  • Description: 2ND. ADD. CALUMET CITY ALL L.13 BL.1
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: 41.609898 / -87.26633
  • Subdivision: 2nd. Add. Calumet City
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1954
  • Bathroom Fixtures: 5
  • Cooling: None
  • Heating: Central

Ownership Info

242 N Henry St has no associated ownership info
242 N Henry St has no associated ownership info.

Taxes

242 N Henry St has 10 associated Taxes items

242 N Henry 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 $47,900. The APN we've located for 242 N Henry St is 45-05-31-457-028.000-004.

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Taxes
  • Assessed Value:  $47,900
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-05-31-457-028.000-004
  • Assessed Land Value:  14200
  • Market Land Value:  14200
  • Tax Amount:  1119.08
  • Tax Year:  2024
  • Market Value:  47900
  • Market Year:  2025

Tax History

242 N Henry St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $47,900 Land Value $14,200 Improvement Value $33,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $45,400 Land Value $14,200 Improvement Value $31,200 Tax Amount $1,119.08 Change Rate -0.683481% Assessed CR Tax Rate +0.024649%
Year 2023 Assessed Value $40,100 Land Value $12,300 Improvement Value $27,800 Tax Amount $3,535.58 Change Rate +2.641174% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $971 Change Rate +0.079777% Assessed CR Tax Rate
Year 2021 Assessed Value $35,100 Land Value $4,100 Improvement Value $31,000 Tax Amount $899.26 Change Rate -0.705025% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $34,600 Land Value $4,100 Improvement Value $30,500 Tax Amount $3,048.6 Change Rate +4.542909% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $24,500 Land Value $2,900 Improvement Value $21,600 Tax Amount $550 Change Rate -0.136713% Assessed CR Tax Rate +0.022449%
Year 2018 Assessed Value $27,200 Land Value $2,900 Improvement Value $24,300 Tax Amount $637.1 Change Rate +0.103815% Assessed CR Tax Rate +0.023423%
Year 2017 Assessed Value $26,700 Land Value $2,800 Improvement Value $23,900 Tax Amount $577.18 Change Rate -0.035783% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $27,800 Land Value $2,800 Improvement Value $25,000 Tax Amount $598.6 Change Rate Assessed CR Tax Rate +0.021532%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $598.6 Change Rate +0.023108% Assessed CR Tax Rate
Year 2014 Assessed Value $25,000 Land Value $3,300 Improvement Value $21,700 Tax Amount $585.08 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $24,200 Land Value $3,300 Improvement Value $20,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $543.8 Change Rate Assessed CR Tax Rate