Taxes
- Assessed Value: $59,600
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-16-203-026.000-004
- Assessed Land Value: 5600
- Market Land Value: 5600
- Tax Amount: 925.61
- Tax Year: 2024
- Market Value: 59600
- Market Year: 2025
488 W 23rd Ave; Gary, IN Property Details
Off market
488 W 23rd Ave Gary, IN 46407
$59,600 Estimated Value
2 Beds
1 Baths
1,760 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1951
- Purchase Price: $10,000
- Est. Equity / %: $185,000 / 100%
- Gross Yield: 5.066%
- APN: 45-08-16-203-026.000-004
- 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: D
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,760/SqFt
- Lot: 4,617/SqFt
- Gross: 2,640/SqFt
- Garage: 396/SqFt
- Living: 1,760/SqFt
- Basement: 880/SqFt
- Building: 2,640/SqFt
- Ground: 880/SqFt
- Price Per Square Foot: $5.68
Legal Description
- Description: WHEELER & PETTYS ADD. L.30 BL.4 W1/2 OF L.31 BL.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: 41.577053 / -87.34353
- Subdivision: Wheeler & Pettys Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3017
- Bathroom Fixtures: 5
- Cooling: Central
- Garage: Detached Garage
- Heating: Central
- Parking: 1
Ownership Info
488 W 23rd Ave has no associated ownership info
488 W 23rd Ave has no associated ownership info.
Taxes
488 W 23rd Ave has 10 associated Taxes items
488 W 23rd 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 $59,600. The APN we've located for 488 W 23rd Ave is 45-08-16-203-026.000-004.
Unlock the full reportTax History
488 W 23rd Ave 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 $59,600 | Land Value $5,600 | Improvement Value $54,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $53,000 | Land Value $5,600 | Improvement Value $47,400 | Tax Amount $925.61 | Change Rate -0.693932% | Assessed CR | Tax Rate +0.017464% |
| Year 2023 | Assessed Value $34,300 | Land Value $5,800 | Improvement Value $28,500 | Tax Amount $3,024.2 | Change Rate +9.845646% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $278.84 | Change Rate -0.106511% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $28,700 | Land Value $2,200 | Improvement Value $26,500 | Tax Amount $312.08 | Change Rate -0.151818% | Assessed CR | Tax Rate +0.010874% |
| Year 2020 | Assessed Value $27,600 | Land Value $2,200 | Improvement Value $25,400 | Tax Amount $367.94 | Change Rate -0.086998% | Assessed CR | Tax Rate +0.013331% |
| Year 2019 | Assessed Value $29,800 | Land Value $2,200 | Improvement Value $27,600 | Tax Amount $403 | Change Rate -0.371961% | Assessed CR | Tax Rate +0.013523% |
| Year 2018 | Assessed Value $37,400 | Land Value $2,200 | Improvement Value $35,200 | Tax Amount $641.68 | Change Rate +0.644996% | Assessed CR | Tax Rate +0.017157% |
| Year 2017 | Assessed Value $37,900 | Land Value $2,200 | Improvement Value $35,700 | Tax Amount $390.08 | Change Rate +0.028692% | Assessed CR | Tax Rate +0.010292% |
| Year 2016 | Assessed Value $39,600 | Land Value $2,200 | Improvement Value $37,400 | Tax Amount $379.2 | Change Rate | Assessed CR | Tax Rate +0.009576% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $379.2 | Change Rate -0.070132% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $41,300 | Land Value $2,700 | Improvement Value $38,600 | Tax Amount $407.8 | Change Rate | Assessed CR | Tax Rate +0.009874% |
| Year 2013 | Assessed Value $39,800 | Land Value $2,700 | Improvement Value $37,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $380.34 | Change Rate | Assessed CR | Tax Rate |