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500 E 49th Ave; Gary, IN Property Details

500 E 49th Ave, Gary, IN is a Single Family that was built in 1946. This property is currently Financed and is not for sale. Our records show that 500 E 49th Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,980 square feet. The lot size of 500 E 49th Ave is 16,858 square feet.

Off market
500 E 49th Ave Gary, IN 46409
$120,000 Estimated Value
3 Beds
2 Baths
1,980 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1946
  • Purchase Price: $48,300
  • Open Loans / Balance: 3 / $100,923
  • Est. Equity / %: $80,077 / 44.24%
  • Gross Yield: 10.701%
  • APN: 45-08-34-178-019.000-004
  • Situs County: Lake
  • Length Of Ownership: 17 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,980/SqFt
  • Lot: 16,858/SqFt
  • Gross: 2,970/SqFt
  • Garage: 525/SqFt
  • Living: 1,980/SqFt
  • Basement: 990/SqFt
  • Building: 2,970/SqFt
  • Ground: 1,980/SqFt
  • Price Per Square Foot: $24.39

Legal Description

  • Description: S.125FT. OF W.135.4FT. OF E. 330FT. OF S.660FT. OF SE. NW. S.34 T.36 R.8 .378AC
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: 41.529675 / -87.32974
  • Property Class: Residential
  • County Use Code: 511

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2808
  • Bathroom Fixtures: 8
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

500 E 49th Ave has no associated ownership info
500 E 49th Ave has no associated ownership info.

Taxes

500 E 49th Ave has 10 associated Taxes items

500 E 49th 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 $120,000. The APN we've located for 500 E 49th Ave is 45-08-34-178-019.000-004.

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Taxes
  • Assessed Value:  $120,000
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-178-019.000-004
  • Assessed Land Value:  13000
  • Market Land Value:  13000
  • Tax Amount:  954.52
  • Tax Year:  2024
  • Market Value:  120000
  • Market Year:  2025

Tax History

500 E 49th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $120,000 Land Value $13,000 Improvement Value $107,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $954.52 Change Rate -0.856609% Assessed CR Tax Rate
Year 2023 Assessed Value $75,500 Land Value $18,500 Improvement Value $57,000 Tax Amount $6,656.76 Change Rate +7.246729% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $807.2 Change Rate +0.106875% Assessed CR Tax Rate
Year 2021 Assessed Value $65,100 Land Value $12,600 Improvement Value $52,500 Tax Amount $729.26 Change Rate -0.405666% Assessed CR Tax Rate +0.011202%
Year 2020 Assessed Value $65,100 Land Value $12,600 Improvement Value $52,500 Tax Amount $1,227.02 Change Rate +0.644799% Assessed CR Tax Rate +0.018848%
Year 2019 Assessed Value $64,100 Land Value $12,400 Improvement Value $51,700 Tax Amount $746 Change Rate -0.108636% Assessed CR Tax Rate +0.011638%
Year 2018 Assessed Value $71,300 Land Value $13,800 Improvement Value $57,500 Tax Amount $836.92 Change Rate +0.272147% Assessed CR Tax Rate +0.011738%
Year 2017 Assessed Value $63,600 Land Value $13,800 Improvement Value $49,800 Tax Amount $657.88 Change Rate -0.115919% Assessed CR Tax Rate +0.010344%
Year 2016 Assessed Value $69,400 Land Value $13,800 Improvement Value $55,600 Tax Amount $744.14 Change Rate Assessed CR Tax Rate +0.010722%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $744.14 Change Rate -0.184415% Assessed CR Tax Rate
Year 2014 Assessed Value $83,700 Land Value $17,300 Improvement Value $66,400 Tax Amount $912.4 Change Rate Assessed CR Tax Rate +0.010901%
Year 2013 Assessed Value $81,500 Land Value $17,300 Improvement Value $64,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $866.2 Change Rate Assessed CR Tax Rate