Taxes
- Assessed Value: $85,400
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-09-06-426-001.000-004
- Assessed Land Value: 12200
- Market Land Value: 12200
- Tax Amount: 2029.38
- Tax Year: 2024
- Market Value: 85400
- Market Year: 2025
501 S Hancock St; Gary, IN Property Details
Off market
501 S Hancock St Gary, IN 46403
$85,400 Estimated Value
3 Beds
1.5 Baths
1,536 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1939
- Purchase Price: $4,400
- Est. Equity / %: $162,000 / 100%
- Gross Yield: 6.652%
- APN: 45-09-06-426-001.000-004
- Situs County: Lake
- Length Of Ownership: 15 years, 1 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 3
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Building Condition: Fair
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,536/SqFt
- Lot: 6,534/SqFt
- Gross: 2,304/SqFt
- Garage: 360/SqFt
- Living: 1,536/SqFt
- Basement: 768/SqFt
- Building: 2,304/SqFt
- Ground: 1,536/SqFt
- Price Per Square Foot: $2.86
Legal Description
- Description: J. H. ANSBROS 1ST ADD. MILLER ALL LOTS 13 & 14 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: 41.601414 / -87.26646
- Subdivision: J. H. Ansbros 1st Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2404
- Bathroom Fixtures: 7
- Cooling: None
- Garage: Detached Garage
- Heating: Central
- Parking: 1
Ownership Info
501 S Hancock St has no associated ownership info
501 S Hancock St has no associated ownership info.
Taxes
501 S Hancock St has 10 associated Taxes items
501 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 $85,400. The APN we've located for 501 S Hancock St is 45-09-06-426-001.000-004.
Unlock the full reportTax History
501 S Hancock St 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 $85,400 | Land Value $12,200 | Improvement Value $73,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $82,200 | Land Value $13,300 | Improvement Value $68,900 | Tax Amount $2,029.38 | Change Rate -0.705289% | Assessed CR | Tax Rate +0.024688% |
| Year 2023 | Assessed Value $78,100 | Land Value $13,300 | Improvement Value $64,800 | Tax Amount $6,886 | Change Rate +3.707089% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,462.9 | Change Rate +0.102312% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $51,800 | Land Value $7,800 | Improvement Value $44,000 | Tax Amount $1,327.12 | Change Rate -0.698758% | Assessed CR | Tax Rate +0.02562% |
| Year 2020 | Assessed Value $50,000 | Land Value $7,800 | Improvement Value $42,200 | Tax Amount $4,405.5 | Change Rate +3.105778% | Assessed CR | Tax Rate +0.08811% |
| Year 2019 | Assessed Value $49,000 | Land Value $7,700 | Improvement Value $41,300 | Tax Amount $1,073 | Change Rate +0.021088% | Assessed CR | Tax Rate +0.021898% |
| Year 2018 | Assessed Value $46,700 | Land Value $7,300 | Improvement Value $39,400 | Tax Amount $1,050.84 | Change Rate +0.052187% | Assessed CR | Tax Rate +0.022502% |
| Year 2017 | Assessed Value $46,200 | Land Value $7,100 | Improvement Value $39,100 | Tax Amount $998.72 | Change Rate -0.05043% | Assessed CR | Tax Rate +0.021617% |
| Year 2016 | Assessed Value $48,100 | Land Value $7,100 | Improvement Value $41,000 | Tax Amount $1,051.76 | Change Rate | Assessed CR | Tax Rate +0.021866% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,051.76 | Change Rate -0.130734% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $51,700 | Land Value $8,700 | Improvement Value $43,000 | Tax Amount $1,209.94 | Change Rate | Assessed CR | Tax Rate +0.023403% |
| Year 2013 | Assessed Value $50,200 | Land Value $8,700 | Improvement Value $41,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,128.02 | Change Rate | Assessed CR | Tax Rate |