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501 E 43rd Ave; Gary, IN Property Details

501 E 43rd Ave, Gary, IN is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 501 E 43rd Ave has 3 bedrooms, and 1 bathroom, and a total of 2,106 square feet. The lot size of 501 E 43rd Ave is 7,623 square feet.

Off market
501 E 43rd Ave Gary, IN 46409
$49,585 Listing Price
3 Beds
1 Baths
2,106 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $49,800
  • Open Loans / Balance: 2 / $47,375
  • Est. Equity / %: $129,625 / 73.23%
  • Gross Yield: 8.034%
  • APN: 45-08-27-377-001.000-004
  • Situs County: Lake
  • Length Of Ownership: 7 years

Rooms

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

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,106/SqFt
  • Lot: 7,623/SqFt
  • Gross: 3,159/SqFt
  • Garage: 576/SqFt
  • Living: 2,106/SqFt
  • Basement: 1,053/SqFt
  • Building: 3,159/SqFt
  • Ground: 1,053/SqFt
  • Price Per Square Foot: $23.65

Legal Description

  • Description: BUNGALOW HEIGHTS L.1 BL.2
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: 41.54014 / -87.33001
  • Subdivision: Bungalow Heights
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2217
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

501 E 43rd Ave has no associated ownership info
501 E 43rd Ave has no associated ownership info.

Taxes

501 E 43rd Ave has 10 associated Taxes items

501 E 43rd 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 $75,700. The APN we've located for 501 E 43rd Ave is 45-08-27-377-001.000-004.

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Taxes
  • Assessed Value:  $75,700
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-27-377-001.000-004
  • Assessed Land Value:  8000
  • Market Land Value:  8000
  • Tax Amount:  742.98
  • Tax Year:  2024
  • Market Value:  75700
  • Market Year:  2025

Tax History

501 E 43rd Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $75,700 Land Value $8,000 Improvement Value $67,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $63,400 Land Value $8,000 Improvement Value $55,400 Tax Amount $742.98 Change Rate -0.85138% Assessed CR Tax Rate +0.011719%
Year 2023 Assessed Value $56,700 Land Value $8,400 Improvement Value $48,300 Tax Amount $4,999.18 Change Rate +7.179019% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $611.22 Change Rate +0.114999% Assessed CR Tax Rate
Year 2021 Assessed Value $49,300 Land Value $5,700 Improvement Value $43,600 Tax Amount $548.18 Change Rate -0.36631% Assessed CR Tax Rate +0.011119%
Year 2020 Assessed Value $49,300 Land Value $5,700 Improvement Value $43,600 Tax Amount $865.06 Change Rate +0.679728% Assessed CR Tax Rate +0.017547%
Year 2019 Assessed Value $41,000 Land Value $5,600 Improvement Value $35,400 Tax Amount $515 Change Rate -0.099304% Assessed CR Tax Rate +0.012561%
Year 2018 Assessed Value $45,600 Land Value $6,300 Improvement Value $39,300 Tax Amount $571.78 Change Rate +0.205016% Assessed CR Tax Rate +0.012539%
Year 2017 Assessed Value $46,000 Land Value $6,300 Improvement Value $39,700 Tax Amount $474.5 Change Rate +3.606796% Assessed CR Tax Rate +0.010315%
Year 2016 Assessed Value $64,700 Land Value $6,300 Improvement Value $58,400 Tax Amount $103 Change Rate Assessed CR Tax Rate +0.001592%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $103 Change Rate -0.686854% Assessed CR Tax Rate
Year 2014 Assessed Value $80,800 Land Value $7,800 Improvement Value $73,000 Tax Amount $328.92 Change Rate Assessed CR Tax Rate +0.004071%
Year 2013 Assessed Value $78,400 Land Value $7,800 Improvement Value $70,600 Tax Amount Change Rate Assessed CR Tax Rate