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501 W 47th Ave; Gary, IN Property Details

501 W 47th Ave, Gary, IN is a Single Family that was built in 1930. This property is not for sale. Our records show that 501 W 47th Ave has 4 bedrooms, and 1 bathroom, and a total of 1,940 square feet. The lot size of 501 W 47th Ave is 14,244 square feet.

Off market
501 W 47th Ave Gary, IN 46408
$170,500 Estimated Value
4 Beds
1 Baths
1,940 SqFt
Property Details

Summary

  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1930
  • Est. Equity / %: $173,000 / 100%
  • Gross Yield: 8.511%
  • APN: 45-08-33-253-004.000-004
  • Situs County: Lake

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Brick
  • Stories: 2
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Attic: true
  • Deck: true

Measurements

  • Total: 1,940/SqFt
  • Lot: 14,244/SqFt
  • Attic: 860/SqFt
  • Gross: 4,320/SqFt
  • Garage: 440/SqFt
  • Living: 1,940/SqFt
  • Basement: 1,080/SqFt
  • Building: 4,320/SqFt
  • Ground: 1,940/SqFt

Legal Description

  • Description: JUNEDALE SUB. E2. L.4 BL.6 ALL L.5 & L.6 B.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: 41.53296 / -87.342514
  • Subdivision: Junedale Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4517
  • Bathroom Fixtures: 6
  • Cooling: None
  • 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

501 W 47th Ave has no associated ownership info
501 W 47th Ave has no associated ownership info.

Taxes

501 W 47th Ave has 10 associated Taxes items

501 W 47th 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 $170,500. The APN we've located for 501 W 47th Ave is 45-08-33-253-004.000-004.

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Taxes
  • Assessed Value:  $170,500
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-33-253-004.000-004
  • Assessed Land Value:  19400
  • Market Land Value:  19400
  • Tax Amount:  105
  • Tax Year:  2024
  • Market Value:  170500
  • Market Year:  2025

Tax History

501 W 47th Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $170,500 Land Value $19,400 Improvement Value $151,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $107,000 Land Value $19,000 Improvement Value $88,000 Tax Amount $105 Change Rate -0.988019% Assessed CR Tax Rate +0.000981%
Year 2023 Assessed Value $99,400 Land Value $19,000 Improvement Value $80,400 Tax Amount $8,764 Change Rate Assessed CR Tax Rate +0.088169%
Year 2021 Assessed Value $87,800 Land Value $12,700 Improvement Value $75,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $83,600 Land Value $12,700 Improvement Value $70,900 Tax Amount $105 Change Rate Assessed CR Tax Rate +0.001256%
Year 2019 Assessed Value $83,900 Land Value $12,900 Improvement Value $71,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $88,500 Land Value $13,200 Improvement Value $75,300 Tax Amount $105 Change Rate -0.838611% Assessed CR Tax Rate +0.001186%
Year 2017 Assessed Value $62,900 Land Value $13,200 Improvement Value $49,700 Tax Amount $650.6 Change Rate -0.412837% Assessed CR Tax Rate +0.010343%
Year 2016 Assessed Value $65,200 Land Value $13,200 Improvement Value $52,000 Tax Amount $1,108.04 Change Rate Assessed CR Tax Rate +0.016994%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,108.04 Change Rate -0.099081% Assessed CR Tax Rate
Year 2014 Assessed Value $109,700 Land Value $15,500 Improvement Value $94,200 Tax Amount $1,229.9 Change Rate Assessed CR Tax Rate +0.011211%
Year 2013 Assessed Value $109,100 Land Value $15,500 Improvement Value $93,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,186.52 Change Rate Assessed CR Tax Rate