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424 E 48th Ave; Gary, IN Property Details

424 E 48th Ave, Gary, IN is a Single Family that was built in 1956. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 424 E 48th Ave has 2 bedrooms, and 1 bathroom, and a total of 1,850 square feet. The lot size of 424 E 48th Ave is 5,619 square feet.

Off market
424 E 48th Ave Gary, IN 46409
$19,900 Listing Price
2 Beds
1 Baths
1,850 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1956
  • Est. Equity / %: $79,000 / 100%
  • Gross Yield: 13.094%
  • APN: 45-08-34-177-018.000-004
  • Situs County: Lake
  • Length Of Ownership: 16 years, 3 months

Rooms

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

Structure

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

Measurements

  • Total: 1,850/SqFt
  • Lot: 5,619/SqFt
  • Gross: 1,850/SqFt
  • Garage: 925/SqFt
  • Living: 1,850/SqFt
  • Building: 1,850/SqFt
  • Ground: 925/SqFt

Legal Description

  • Description: GEORGETOWN ADD. L.29 BL.2
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: 41.531914 / -87.33065
  • Subdivision: Georgetown Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2526
  • Bathroom Fixtures: 5
  • Cooling: None
  • Heating: Central

Ownership Info

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

Taxes

424 E 48th Ave has 10 associated Taxes items

424 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 $53,200. The APN we've located for 424 E 48th Ave is 45-08-34-177-018.000-004.

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Taxes
  • Assessed Value:  $53,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-177-018.000-004
  • Assessed Land Value:  6500
  • Market Land Value:  6500
  • Tax Amount:  768.18
  • Tax Year:  2024
  • Market Value:  53200
  • Market Year:  2025

Tax History

424 E 48th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,200 Land Value $6,500 Improvement Value $46,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $44,400 Land Value $6,500 Improvement Value $37,900 Tax Amount $768.18 Change Rate -0.668722% Assessed CR Tax Rate +0.017301%
Year 2023 Assessed Value $26,300 Land Value $7,200 Improvement Value $19,100 Tax Amount $2,318.84 Change Rate +2.605947% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $643.06 Change Rate +0.0961% Assessed CR Tax Rate
Year 2021 Assessed Value $22,900 Land Value $4,900 Improvement Value $18,000 Tax Amount $586.68 Change Rate -0.709236% Assessed CR Tax Rate +0.025619%
Year 2020 Assessed Value $22,900 Land Value $4,900 Improvement Value $18,000 Tax Amount $2,017.72 Change Rate +2.635532% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $22,500 Land Value $4,800 Improvement Value $17,700 Tax Amount $555 Change Rate -0.308463% Assessed CR Tax Rate +0.024667%
Year 2018 Assessed Value $25,100 Land Value $5,400 Improvement Value $19,700 Tax Amount $802.56 Change Rate +0.400971% Assessed CR Tax Rate +0.031975%
Year 2017 Assessed Value $26,500 Land Value $5,400 Improvement Value $21,100 Tax Amount $572.86 Change Rate -0.139876% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $30,300 Land Value $5,400 Improvement Value $24,900 Tax Amount $666.02 Change Rate Assessed CR Tax Rate +0.021981%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $666.02 Change Rate -0.218158% Assessed CR Tax Rate
Year 2014 Assessed Value $36,400 Land Value $6,700 Improvement Value $29,700 Tax Amount $851.86 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $35,500 Land Value $6,700 Improvement Value $28,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $797.68 Change Rate Assessed CR Tax Rate