Taxes
- Assessed Value: $114,800
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-09-06-260-008.000-004
- Assessed Land Value: 8400
- Market Land Value: 8400
- Tax Amount: 1229.66
- Tax Year: 2024
- Market Value: 114800
- Market Year: 2025
406 S Hancock St; Gary, IN Property Details
Off market
406 S Hancock St Gary, IN 46403
$114,800 Estimated Value
2 Beds
1 Baths
1,630 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1925
- Purchase Price: $60,000
- Est. Equity / %: $148,000 / 100%
- Gross Yield: 12.908%
- APN: 45-09-06-260-008.000-004
- Situs County: Lake
- Length Of Ownership: 3 years, 1 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Building Style: Brick
- Stories: 1
- Building Condition: Fair
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,630/SqFt
- Lot: 3,964/SqFt
- Gross: 2,445/SqFt
- Garage: 500/SqFt
- Living: 1,630/SqFt
- Basement: 815/SqFt
- Building: 2,445/SqFt
- Ground: 815/SqFt
- Price Per Square Foot: $36.81
Legal Description
- Description: PT. SW. NE.(30 X 132 FT.) S.6 T.36 R.7 .09 A.
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: 41.602146 / -87.26694
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2401
- Bathroom Fixtures: 5
- Cooling: Central
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Central
- Parking: 2
Ownership Info
406 S Hancock St has no associated ownership info
406 S Hancock St has no associated ownership info.
Taxes
406 S Hancock St has 10 associated Taxes items
406 S Hancock 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 $114,800. The APN we've located for 406 S Hancock St is 45-09-06-260-008.000-004.
Unlock the full reportTax History
406 S Hancock St 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 $114,800 | Land Value $8,400 | Improvement Value $106,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $108,400 | Land Value $7,200 | Improvement Value $101,200 | Tax Amount $1,229.66 | Change Rate -0.853962% | Assessed CR | Tax Rate +0.011344% |
| Year 2023 | Assessed Value $95,500 | Land Value $7,200 | Improvement Value $88,300 | Tax Amount $8,420.14 | Change Rate +9.14328% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value $73,900 | Land Value $4,300 | Improvement Value $69,600 | Tax Amount $830.12 | Change Rate +0.103619% | Assessed CR | Tax Rate +0.011233% |
| Year 2021 | Assessed Value $67,100 | Land Value $4,300 | Improvement Value $62,800 | Tax Amount $752.18 | Change Rate -0.371738% | Assessed CR | Tax Rate +0.01121% |
| Year 2020 | Assessed Value $63,800 | Land Value $4,300 | Improvement Value $59,500 | Tax Amount $1,197.24 | Change Rate +0.737649% | Assessed CR | Tax Rate +0.018766% |
| Year 2019 | Assessed Value $62,900 | Land Value $4,200 | Improvement Value $58,700 | Tax Amount $689 | Change Rate +0.020227% | Assessed CR | Tax Rate +0.010954% |
| Year 2018 | Assessed Value $60,000 | Land Value $4,000 | Improvement Value $56,000 | Tax Amount $675.34 | Change Rate +0.099687% | Assessed CR | Tax Rate +0.011256% |
| Year 2017 | Assessed Value $59,400 | Land Value $3,900 | Improvement Value $55,500 | Tax Amount $614.12 | Change Rate -0.039387% | Assessed CR | Tax Rate +0.010339% |
| Year 2016 | Assessed Value $62,000 | Land Value $3,900 | Improvement Value $58,100 | Tax Amount $639.3 | Change Rate | Assessed CR | Tax Rate +0.010311% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $639.3 | Change Rate -0.008899% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $60,200 | Land Value $4,700 | Improvement Value $55,500 | Tax Amount $645.04 | Change Rate | Assessed CR | Tax Rate +0.010715% |
| Year 2013 | Assessed Value $58,300 | Land Value $4,700 | Improvement Value $53,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $613.02 | Change Rate | Assessed CR | Tax Rate |