Taxes
- Assessed Value: $185,500
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-05-32-330-018.000-004
- Assessed Land Value: 52000
- Market Land Value: 52000
- Tax Amount: 2144.44
- Tax Year: 2024
- Market Value: 185500
- Market Year: 2025
494 N Montgomery St; Gary, IN Property Details
Off market
494 N Montgomery St Gary, IN 46403
$185,500 Estimated Value
3 Beds
1.5 Baths
2,112 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1953
- Est. Equity / %: $250,000 / 100%
- Gross Yield: 9.787%
- APN: 45-05-32-330-018.000-004
- Situs County: Lake
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 3
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 2,112/SqFt
- Lot: 15,246/SqFt
- Gross: 3,648/SqFt
- Garage: 480/SqFt
- Living: 2,112/SqFt
- Basement: 1,056/SqFt
- Building: 3,648/SqFt
- Ground: 1,056/SqFt
Legal Description
- Description: GARY BEACH 2ND SUB BLK C LOTS 11 TO 13
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: 41.612923 / -87.25181
- Subdivision: Gary Beach 2nd Sub
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2109
- Bathroom Fixtures: 7
- Cooling: Central
- Garage: Attached Garage
- Heating: Central
- Parking: 2
HOA
- H O A One: $100
- H O A Amount: $100
- H O A One Frequency: Annual
- H O A One Type: Home Owner Association
Ownership Info
494 N Montgomery St has no associated ownership info
494 N Montgomery St has no associated ownership info.
Taxes
494 N Montgomery St has 10 associated Taxes items
494 N Montgomery 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 $185,500. The APN we've located for 494 N Montgomery St is 45-05-32-330-018.000-004.
Unlock the full reportTax History
494 N Montgomery 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 $185,500 | Land Value $52,000 | Improvement Value $133,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $173,500 | Land Value $52,000 | Improvement Value $121,500 | Tax Amount $2,144.44 | Change Rate -0.868672% | Assessed CR | Tax Rate +0.01236% |
| Year 2023 | Assessed Value $185,200 | Land Value $67,000 | Improvement Value $118,200 | Tax Amount $16,328.9 | Change Rate +7.685308% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,880.06 | Change Rate +0.075783% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $139,400 | Land Value $36,000 | Improvement Value $103,400 | Tax Amount $1,747.62 | Change Rate -0.668013% | Assessed CR | Tax Rate +0.012537% |
| Year 2020 | Assessed Value $136,700 | Land Value $36,000 | Improvement Value $100,700 | Tax Amount $5,264.12 | Change Rate +2.760086% | Assessed CR | Tax Rate +0.038509% |
| Year 2019 | Assessed Value $133,200 | Land Value $34,300 | Improvement Value $98,900 | Tax Amount $1,400 | Change Rate -0.012638% | Assessed CR | Tax Rate +0.010511% |
| Year 2018 | Assessed Value $128,000 | Land Value $34,300 | Improvement Value $93,700 | Tax Amount $1,417.92 | Change Rate +0.039439% | Assessed CR | Tax Rate +0.011078% |
| Year 2017 | Assessed Value $126,600 | Land Value $33,600 | Improvement Value $93,000 | Tax Amount $1,364.12 | Change Rate +0.010998% | Assessed CR | Tax Rate +0.010775% |
| Year 2016 | Assessed Value $130,900 | Land Value $33,600 | Improvement Value $97,300 | Tax Amount $1,349.28 | Change Rate | Assessed CR | Tax Rate +0.010308% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,349.28 | Change Rate -0.075544% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $126,800 | Land Value $34,400 | Improvement Value $92,400 | Tax Amount $1,459.54 | Change Rate | Assessed CR | Tax Rate +0.011511% |
| Year 2013 | Assessed Value $125,000 | Land Value $34,300 | Improvement Value $90,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,388.9 | Change Rate | Assessed CR | Tax Rate |