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425 E 48th Ave; Gary, IN Property Details

425 E 48th Ave, Gary, IN is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 425 E 48th Ave has 3 bedrooms, and 1 bathroom, and a total of 2,648 square feet. The lot size of 425 E 48th Ave is 12,110 square feet.

Off market
425 E 48th Ave Gary, IN 46409
$87,200 Estimated Value
3 Beds
1 Baths
2,648 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1956
  • Purchase Price: $199,500
  • Open Loans: 1
  • Gross Yield: 13.985%
  • APN: 45-08-34-179-059.000-004
  • Situs County: Lake
  • Length Of Ownership: 3 years, 5 months

Rooms

  • Bedrooms: 3
  • 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: Yes
  • Water Source: Yes

Measurements

  • Total: 2,648/SqFt
  • Lot: 12,110/SqFt
  • Gross: 2,968/SqFt
  • Garage: 320/SqFt
  • Living: 2,648/SqFt
  • Building: 2,968/SqFt
  • Ground: 1,324/SqFt
  • Price Per Square Foot: $75.34

Legal Description

  • Description: GEORGETOWN ADD BL.3 LOTS 3 & 4
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: 41.531475 / -87.33055
  • Subdivision: Georgetown Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2525
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

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

Taxes

425 E 48th Ave has 10 associated Taxes items

425 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 $87,200. The APN we've located for 425 E 48th Ave is 45-08-34-179-059.000-004.

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Taxes
  • Assessed Value:  $87,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-179-059.000-004
  • Assessed Land Value:  10700
  • Market Land Value:  10700
  • Tax Amount:  1083.38
  • Tax Year:  2024
  • Market Value:  87200
  • Market Year:  2025

Tax History

425 E 48th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,200 Land Value $10,700 Improvement Value $76,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,083.38 Change Rate -0.683311% Assessed CR Tax Rate
Year 2023 Assessed Value $38,800 Land Value $11,600 Improvement Value $27,200 Tax Amount $3,420.96 Change Rate +2.607162% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value $36,900 Land Value $8,200 Improvement Value $28,700 Tax Amount $948.38 Change Rate +0.104463% Assessed CR Tax Rate +0.025701%
Year 2021 Assessed Value $33,400 Land Value $7,900 Improvement Value $25,500 Tax Amount $858.68 Change Rate -0.708218% Assessed CR Tax Rate +0.025709%
Year 2020 Assessed Value $33,400 Land Value $7,900 Improvement Value $25,500 Tax Amount $2,942.88 Change Rate +5.828028% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $32,600 Land Value $7,800 Improvement Value $24,800 Tax Amount $431 Change Rate -0.10111% Assessed CR Tax Rate +0.013221%
Year 2018 Assessed Value $36,300 Land Value $8,700 Improvement Value $27,600 Tax Amount $479.48 Change Rate +0.250404% Assessed CR Tax Rate +0.013209%
Year 2017 Assessed Value $36,800 Land Value $8,700 Improvement Value $28,100 Tax Amount $383.46 Change Rate -0.335102% Assessed CR Tax Rate +0.01042%
Year 2016 Assessed Value $53,800 Land Value $8,700 Improvement Value $45,100 Tax Amount $576.72 Change Rate Assessed CR Tax Rate +0.01072%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $576.72 Change Rate -0.178555% Assessed CR Tax Rate
Year 2014 Assessed Value $64,500 Land Value $10,800 Improvement Value $53,700 Tax Amount $702.08 Change Rate Assessed CR Tax Rate +0.010885%
Year 2013 Assessed Value $65,600 Land Value $13,600 Improvement Value $52,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,474.04 Change Rate Assessed CR Tax Rate