Taxes
- Assessed Value: $132,700
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-33-253-026.000-004
- Assessed Land Value: 10800
- Market Land Value: 10800
- Tax Amount: 1052.6
- Tax Year: 2024
- Market Value: 132700
- Market Year: 2025
500 W 48th Ave; Gary, IN Property Details
Off market • Pre Probate ✓
500 W 48th Ave Gary, IN 46408
$132,700 Estimated Value
2 Beds
1.5 Baths
2,124 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1951
- Est. Equity / %: $143,000 / 100%
- Gross Yield: 12.73%
- APN: 45-08-33-253-026.000-004
- Situs County: Lake
- Length Of Ownership: 10 years, 3 months
Rooms
- Bedrooms: 2
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 2
- Partial Bathrooms: 1
Structure
- Building Style: Brick
- Stories: 1
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 2,124/SqFt
- Lot: 5,750/SqFt
- Gross: 3,670/SqFt
- Garage: 484/SqFt
- Living: 2,124/SqFt
- Basement: 1,062/SqFt
- Building: 3,670/SqFt
- Ground: 1,062/SqFt
Legal Description
- Description: JUNEDALE SUB. L.28 BL.6
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: 41.531536 / -87.3426
- Subdivision: Junedale Sub
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 4565
- Bathroom Fixtures: 7
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Central
- Parking: 2
HOA
- H O A One: $160
- H O A Amount: $160
- H O A One Frequency: Annual
- H O A One Type: Planned Unit Development
Ownership Info
500 W 48th Ave has no associated ownership info
500 W 48th Ave has no associated ownership info.
Taxes
500 W 48th Ave has 10 associated Taxes items
500 W 48th 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 $132,700. The APN we've located for 500 W 48th Ave is 45-08-33-253-026.000-004.
Unlock the full reportTax History
500 W 48th 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 $132,700 | Land Value $10,800 | Improvement Value $121,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $88,200 | Land Value $10,400 | Improvement Value $77,800 | Tax Amount $1,052.6 | Change Rate -0.852794% | Assessed CR | Tax Rate +0.011934% |
| Year 2023 | Assessed Value $81,100 | Land Value $10,400 | Improvement Value $70,700 | Tax Amount $7,150.51 | Change Rate +6.845117% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $911.46 | Change Rate -0.002997% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $79,000 | Land Value $6,900 | Improvement Value $72,100 | Tax Amount $914.2 | Change Rate -0.467206% | Assessed CR | Tax Rate +0.011572% |
| Year 2020 | Assessed Value $74,900 | Land Value $6,900 | Improvement Value $68,000 | Tax Amount $1,715.86 | Change Rate +0.699713% | Assessed CR | Tax Rate +0.022909% |
| Year 2019 | Assessed Value $75,000 | Land Value $7,000 | Improvement Value $68,000 | Tax Amount $1,009.5 | Change Rate +0.053582% | Assessed CR | Tax Rate +0.01346% |
| Year 2018 | Assessed Value $79,300 | Land Value $7,200 | Improvement Value $72,100 | Tax Amount $958.16 | Change Rate +0.205536% | Assessed CR | Tax Rate +0.012083% |
| Year 2017 | Assessed Value $76,200 | Land Value $7,200 | Improvement Value $69,000 | Tax Amount $794.8 | Change Rate +0.738104% | Assessed CR | Tax Rate +0.01043% |
| Year 2016 | Assessed Value $79,500 | Land Value $7,200 | Improvement Value $72,300 | Tax Amount $457.28 | Change Rate | Assessed CR | Tax Rate +0.005752% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $457.28 | Change Rate -0.03856% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $82,700 | Land Value $8,500 | Improvement Value $74,200 | Tax Amount $475.62 | Change Rate | Assessed CR | Tax Rate +0.005751% |
| Year 2013 | Assessed Value $82,200 | Land Value $8,500 | Improvement Value $73,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $450.32 | Change Rate | Assessed CR | Tax Rate |