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501 E 49th Ave; Gary, IN Property Details

501 E 49th Ave, Gary, IN is a Single Family that was built in 1947. This property is currently a cash purchase and is not for sale. Our records show that 501 E 49th Ave has 3 bedrooms, and 1 bathroom, and a total of 2,064 square feet. The lot size of 501 E 49th Ave is 9,496 square feet.

Off market
501 E 49th Ave Gary, IN 46409
$11,000 Listing Price
3 Beds
1 Baths
2,064 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1947
  • Purchase Price: $14,000
  • Est. Equity / %: $162,000 / 100%
  • Gross Yield: 15.837%
  • APN: 45-08-34-327-001.000-004
  • Situs County: Lake
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 2,064/SqFt
  • Lot: 9,496/SqFt
  • Gross: 3,096/SqFt
  • Garage: 484/SqFt
  • Living: 2,064/SqFt
  • Basement: 1,032/SqFt
  • Building: 3,096/SqFt
  • Ground: 1,032/SqFt
  • Price Per Square Foot: $6.78

Legal Description

  • Description: BROADWAY GARDENS L.16 BL.3
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: 41.52913 / -87.329865
  • Subdivision: Broadway Garden
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2807
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

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

Taxes

501 E 49th Ave has 10 associated Taxes items

501 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 $61,200. The APN we've located for 501 E 49th Ave is 45-08-34-327-001.000-004.

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Taxes
  • Assessed Value:  $61,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-327-001.000-004
  • Assessed Land Value:  9300
  • Market Land Value:  9300
  • Tax Amount:  485.98
  • Tax Year:  2024
  • Market Value:  61200
  • Market Year:  2025

Tax History

501 E 49th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $61,200 Land Value $9,300 Improvement Value $51,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $485.98 Change Rate -0.600585% Assessed CR Tax Rate
Year 2023 Assessed Value $13,800 Land Value $9,300 Improvement Value $4,500 Tax Amount $1,216.73 Change Rate +3.278536% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $284.38 Change Rate +0.067332% Assessed CR Tax Rate
Year 2021 Assessed Value $10,400 Land Value $6,400 Improvement Value $4,000 Tax Amount $266.44 Change Rate -0.709235% Assessed CR Tax Rate +0.025619%
Year 2020 Assessed Value $10,400 Land Value $6,400 Improvement Value $4,000 Tax Amount $916.34 Change Rate +1.965502% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $10,200 Land Value $6,300 Improvement Value $3,900 Tax Amount $309 Change Rate -0.673147% Assessed CR Tax Rate +0.030294%
Year 2018 Assessed Value $11,400 Land Value $7,000 Improvement Value $4,400 Tax Amount $945.38 Change Rate +2.802816% Assessed CR Tax Rate +0.082928%
Year 2017 Assessed Value $11,500 Land Value $7,000 Improvement Value $4,500 Tax Amount $248.6 Change Rate -0.740982% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $43,400 Land Value $7,000 Improvement Value $36,400 Tax Amount $959.78 Change Rate Assessed CR Tax Rate +0.022115%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $959.78 Change Rate -0.218191% Assessed CR Tax Rate
Year 2014 Assessed Value $52,200 Land Value $8,700 Improvement Value $43,500 Tax Amount $1,227.64 Change Rate Assessed CR Tax Rate +0.023518%
Year 2013 Assessed Value $50,900 Land Value $8,800 Improvement Value $42,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,149.76 Change Rate Assessed CR Tax Rate