- Assessed Value: $67,400
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-34-126-011.000-004
- Assessed Land Value: 7100
- Market Land Value: 7100
- Tax Amount: 1141.38
- Tax Year: 2024
- Market Value: 67400
- Market Year: 2025
506 E 46th Ave; Gary, IN Property Details
Off market
506 E 46th Ave Gary, IN 46409
$67,400 Estimated Value
3 Beds
1 Baths
1,976 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1960
- Purchase Price: $500
- Est. Equity / %: $147,000 / 100%
- Gross Yield: 7.894%
- APN: 45-08-34-126-011.000-004
- Situs County: Lake
- Length Of Ownership: 9 years, 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 6
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Average
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,976/SqFt
- Lot: 6,490/SqFt
- Gross: 2,944/SqFt
- Garage: 988/SqFt
- Living: 1,976/SqFt
- Basement: 968/SqFt
- Building: 2,944/SqFt
- Ground: 988/SqFt
- Price Per Square Foot: $0.25
Legal Description
- Description: S.120FT OF E.53.98FT OF W.379.46FT OF NE1/4 NW1/4 S.34 T.36 R.8 LYG N. OF 46TH AVE 0.149AC
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: 41.535156 / -87.32997
- Property Class: Residential
- Zoning: R3
- County Use Code: 511
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2506
- Bathroom Fixtures: 5
- Cooling: None
- Heating: Central
Ownership Info
506 E 46th Ave has no associated ownership info
506 E 46th Ave has no associated ownership info.
Taxes
506 E 46th Ave has 10 associated Taxes items
506 E 46th 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 $67,400. The APN we've located for 506 E 46th Ave is 45-08-34-126-011.000-004.
Unlock the full reportTaxes
Tax History
506 E 46th Ave 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 $67,400 | Land Value $7,100 | Improvement Value $60,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $56,000 | Land Value $7,100 | Improvement Value $48,900 | Tax Amount $1,141.38 | Change Rate -0.644358% | Assessed CR | Tax Rate +0.020382% |
| Year 2023 | Assessed Value $36,400 | Land Value $7,200 | Improvement Value $29,200 | Tax Amount $3,209.35 | Change Rate +2.854427% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $832.64 | Change Rate +0.120676% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $29,000 | Land Value $1,600 | Improvement Value $27,400 | Tax Amount $742.98 | Change Rate +0.686445% | Assessed CR | Tax Rate +0.02562% |
| Year 2020 | Assessed Value $5,000 | Land Value $1,600 | Improvement Value $3,400 | Tax Amount $440.56 | Change Rate +0.851092% | Assessed CR | Tax Rate +0.088112% |
| Year 2019 | Assessed Value $5,000 | Land Value $1,600 | Improvement Value $3,400 | Tax Amount $238 | Change Rate -0.298556% | Assessed CR | Tax Rate +0.0476% |
| Year 2018 | Assessed Value $5,600 | Land Value $1,800 | Improvement Value $3,800 | Tax Amount $339.3 | Change Rate +1.906957% | Assessed CR | Tax Rate +0.060589% |
| Year 2017 | Assessed Value $5,400 | Land Value $1,800 | Improvement Value $3,600 | Tax Amount $116.72 | Change Rate -0.844007% | Assessed CR | Tax Rate +0.021615% |
| Year 2016 | Assessed Value $35,500 | Land Value $1,800 | Improvement Value $33,700 | Tax Amount $748.24 | Change Rate | Assessed CR | Tax Rate +0.021077% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $748.24 | Change Rate -0.238742% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $42,000 | Land Value $2,200 | Improvement Value $39,800 | Tax Amount $982.9 | Change Rate | Assessed CR | Tax Rate +0.023402% |
| Year 2013 | Assessed Value $40,800 | Land Value $2,200 | Improvement Value $38,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $916.8 | Change Rate | Assessed CR | Tax Rate |