Taxes
- Assessed Value: $243,800
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-04-429-001.000-004
- Assessed Land Value: 19600
- Market Land Value: 19600
- Tax Amount: 9356.4
- Tax Year: 2024
- Market Value: 243800
- Market Year: 2025
501 Washington St; Gary, IN Property Details
Off market
501 Washington St Gary, IN 46402
$243,800 Estimated Value
107,500 SqFt
Property Type
Parking LotProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1970
- Purchase Price: $500,000
- Open Loans: 1
- APN: 45-08-04-429-001.000-004
- Situs County: Lake
- Length Of Ownership: 12 years, 5 months
Structure
- Building Style: Steel
- Stories: 4
- Exterior Wall Type: Brick
- Building Condition: Fair
- Building Quality: D
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 107,500/SqFt
- Lot: 26,877/SqFt
- Gross: 107,500/SqFt
- Garage: 107,500/SqFt
- Living: 107,500/SqFt
- Building: 84,225/SqFt
- Ground: 26,875/SqFt
- Price Per Square Foot: $4.65
Legal Description
- Description: 1
Building Insights
Land Information
- Property Type: Parking Lot
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Gary Community School Corporation
- Lat / Lon: 41.60163 / -87.33812
- Subdivision: Gary Land Cos.1st Subdivision
- Property Class: Commercial
- County Use Code: 456
Amenities
- Heating Fuel Type: Gas
- Garage: Garage
Ownership Info
501 Washington St has no associated ownership info
501 Washington St has no associated ownership info.
Taxes
501 Washington St has 10 associated Taxes items
501 Washington 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 $243,800. The APN we've located for 501 Washington St is 45-08-04-429-001.000-004.
Unlock the full reportTax History
501 Washington 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 $243,800 | Land Value $19,600 | Improvement Value $224,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $9,356.4 | Change Rate -0.570716% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $247,200 | Land Value $19,600 | Improvement Value $227,600 | Tax Amount $21,795.38 | Change Rate +1.387378% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $9,129.42 | Change Rate +0.094833% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $234,100 | Land Value $19,600 | Improvement Value $214,500 | Tax Amount $8,338.64 | Change Rate -0.595733% | Assessed CR | Tax Rate +0.03562% |
| Year 2020 | Assessed Value $234,100 | Land Value $19,600 | Improvement Value $214,500 | Tax Amount $20,626.56 | Change Rate +1.609306% | Assessed CR | Tax Rate +0.08811% |
| Year 2019 | Assessed Value $234,100 | Land Value $19,600 | Improvement Value $214,500 | Tax Amount $7,905 | Change Rate -0.148695% | Assessed CR | Tax Rate +0.033768% |
| Year 2018 | Assessed Value $284,000 | Land Value $27,700 | Improvement Value $256,300 | Tax Amount $9,285.74 | Change Rate +0.001676% | Assessed CR | Tax Rate +0.032696% |
| Year 2017 | Assessed Value $293,200 | Land Value $27,700 | Improvement Value $265,500 | Tax Amount $9,270.2 | Change Rate +0.21012% | Assessed CR | Tax Rate +0.031617% |
| Year 2016 | Assessed Value $305,700 | Land Value $27,700 | Improvement Value $278,000 | Tax Amount $7,660.56 | Change Rate | Assessed CR | Tax Rate +0.025059% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $7,660.56 | Change Rate -0.204238% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $288,200 | Land Value $19,600 | Improvement Value $268,600 | Tax Amount $9,626.7 | Change Rate | Assessed CR | Tax Rate +0.033403% |
| Year 2013 | Assessed Value $266,900 | Land Value $19,600 | Improvement Value $247,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $8,666.34 | Change Rate | Assessed CR | Tax Rate |