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427 S Hancock St; Gary, IN Property Details

427 S Hancock St, Gary, IN is a Single Family that was built in 1940. This property is currently a cash purchase and is not for sale. Our records show that 427 S Hancock St has 2 bedrooms, and 1 bathroom, and a total of 1,792 square feet. The lot size of 427 S Hancock St is 6,229 square feet.

Off market
427 S Hancock St Gary, IN 46403
$45,900 Listing Price
2 Beds
1 Baths
1,792 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Est. Equity / %: $83,000 / 100%
  • Gross Yield: 13.229%
  • APN: 45-09-06-261-005.000-004
  • Situs County: Lake
  • Length Of Ownership: 3 years, 9 months

Rooms

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

Structure

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

Measurements

  • Total: 1,792/SqFt
  • Lot: 6,229/SqFt
  • Gross: 2,688/SqFt
  • Garage: 896/SqFt
  • Living: 1,792/SqFt
  • Basement: 896/SqFt
  • Building: 2,688/SqFt
  • Ground: 896/SqFt

Legal Description

  • Description: PT. N2. S.6 T.36 R.7 0.14 AC. (50 X 125 FT.)
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: 41.601734 / -87.26637
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2402
  • Bathroom Fixtures: 5
  • Cooling: None
  • Heating: Central

Ownership Info

427 S Hancock St has no associated ownership info
427 S Hancock St has no associated ownership info.

Taxes

427 S Hancock St has 10 associated Taxes items

427 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 $66,000. The APN we've located for 427 S Hancock St is 45-09-06-261-005.000-004.

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Taxes
  • Assessed Value:  $66,000
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-09-06-261-005.000-004
  • Assessed Land Value:  11700
  • Market Land Value:  11700
  • Tax Amount:  736.22
  • Tax Year:  2024
  • Market Value:  66000
  • Market Year:  2025

Tax History

427 S Hancock St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $66,000 Land Value $11,700 Improvement Value $54,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $63,500 Land Value $11,800 Improvement Value $51,700 Tax Amount $736.22 Change Rate -0.861063% Assessed CR Tax Rate +0.011594%
Year 2023 Assessed Value $60,100 Land Value $11,800 Improvement Value $48,300 Tax Amount $5,298.96 Change Rate +8.397319% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $563.88 Change Rate -0.509806% Assessed CR Tax Rate
Year 2021 Assessed Value $44,900 Land Value $7,000 Improvement Value $37,900 Tax Amount $1,150.32 Change Rate -0.695676% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $42,900 Land Value $7,000 Improvement Value $35,900 Tax Amount $3,779.92 Change Rate +3.209265% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $41,900 Land Value $6,800 Improvement Value $35,100 Tax Amount $898 Change Rate -0.011775% Assessed CR Tax Rate +0.021432%
Year 2018 Assessed Value $40,000 Land Value $6,500 Improvement Value $33,500 Tax Amount $908.7 Change Rate +1.840398% Assessed CR Tax Rate +0.022718%
Year 2017 Assessed Value $30,700 Land Value $6,400 Improvement Value $24,300 Tax Amount $319.92 Change Rate -0.059833% Assessed CR Tax Rate +0.010421%
Year 2016 Assessed Value $31,800 Land Value $6,400 Improvement Value $25,400 Tax Amount $340.28 Change Rate Assessed CR Tax Rate +0.010701%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $340.28 Change Rate -0.059532% Assessed CR Tax Rate
Year 2014 Assessed Value $32,000 Land Value $7,700 Improvement Value $24,300 Tax Amount $361.82 Change Rate Assessed CR Tax Rate +0.011307%
Year 2013 Assessed Value $31,300 Land Value $7,800 Improvement Value $23,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $346.2 Change Rate Assessed CR Tax Rate