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500 S Hancock St; Gary, IN Property Details

500 S Hancock St, Gary, IN is a Single Family that was built in 1946. This property is currently a cash purchase and is not for sale. Our records show that 500 S Hancock St has 3 bedrooms, and 1 bathroom, and a total of 2,040 square feet. The lot size of 500 S Hancock St is 9,365 square feet.

Off market
500 S Hancock St Gary, IN 46403
$120,000 Estimated Value
3 Beds
1 Baths
2,040 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1946
  • Est. Equity / %: $166,000 / 100%
  • Gross Yield: 11.935%
  • APN: 45-09-06-404-026.000-004
  • Situs County: Lake
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 3

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,040/SqFt
  • Lot: 9,365/SqFt
  • Gross: 3,360/SqFt
  • Garage: 480/SqFt
  • Living: 2,040/SqFt
  • Basement: 840/SqFt
  • Building: 3,360/SqFt
  • Ground: 2,040/SqFt

Legal Description

  • Description: J.H. ANSBROS 1ST ADD BL.1 LOTS 30&31
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: 41.60138 / -87.26691
  • Subdivision: J.H. Ansbros 1st Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2403
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

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

Taxes

500 S Hancock St has 10 associated Taxes items

500 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 $120,000. The APN we've located for 500 S Hancock St is 45-09-06-404-026.000-004.

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Taxes
  • Assessed Value:  $120,000
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-09-06-404-026.000-004
  • Assessed Land Value:  15500
  • Market Land Value:  15500
  • Tax Amount:  1314.64
  • Tax Year:  2024
  • Market Value:  120000
  • Market Year:  2025

Tax History

500 S Hancock St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $120,000 Land Value $15,500 Improvement Value $104,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $113,500 Land Value $14,100 Improvement Value $99,400 Tax Amount $1,314.64 Change Rate -0.86065% Assessed CR Tax Rate +0.011583%
Year 2023 Assessed Value $107,000 Land Value $14,100 Improvement Value $92,900 Tax Amount $9,434.08 Change Rate +3.574277% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $2,062.42 Change Rate +1.512266% Assessed CR Tax Rate
Year 2021 Assessed Value $73,100 Land Value $8,400 Improvement Value $64,700 Tax Amount $820.94 Change Rate -0.383864% Assessed CR Tax Rate +0.01123%
Year 2020 Assessed Value $69,700 Land Value $8,400 Improvement Value $61,300 Tax Amount $1,332.4 Change Rate +0.798111% Assessed CR Tax Rate +0.019116%
Year 2019 Assessed Value $68,100 Land Value $8,200 Improvement Value $59,900 Tax Amount $741 Change Rate +0.159225% Assessed CR Tax Rate +0.010881%
Year 2018 Assessed Value $56,500 Land Value $7,800 Improvement Value $48,700 Tax Amount $639.22 Change Rate +0.106568% Assessed CR Tax Rate +0.011314%
Year 2017 Assessed Value $55,900 Land Value $7,600 Improvement Value $48,300 Tax Amount $577.66 Change Rate -0.094946% Assessed CR Tax Rate +0.010334%
Year 2016 Assessed Value $61,200 Land Value $7,600 Improvement Value $53,600 Tax Amount $638.26 Change Rate Assessed CR Tax Rate +0.010429%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $638.26 Change Rate -0.194096% Assessed CR Tax Rate
Year 2014 Assessed Value $73,700 Land Value $9,300 Improvement Value $64,400 Tax Amount $791.98 Change Rate Assessed CR Tax Rate +0.010746%
Year 2013 Assessed Value $93,400 Land Value $9,300 Improvement Value $84,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,302.7 Change Rate Assessed CR Tax Rate