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507 S Wayne St; Gary, IN Property Details

507 S Wayne St, Gary, IN is a Single Family that was built in 1969. This property is currently Financed and is not for sale. Our records show that 507 S Wayne St has 3 bedrooms, and 1 bathroom, and a total of 2,016 square feet. The lot size of 507 S Wayne St is 7,187 square feet.

Off market
507 S Wayne St Gary, IN 46403
$48,115 Listing Price
3 Beds
1 Baths
2,016 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1969
  • Purchase Price: $67,800
  • Open Loans / Balance: 1 / $40,339
  • Est. Equity / %: $90,661 / 69.21%
  • Gross Yield: 9.985%
  • APN: 45-09-04-427-002.000-004
  • Situs County: Lake
  • Length Of Ownership: 12 years

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: 2,016/SqFt
  • Lot: 7,187/SqFt
  • Gross: 2,016/SqFt
  • Garage: 440/SqFt
  • Living: 2,016/SqFt
  • Building: 2,016/SqFt
  • Ground: 1,008/SqFt
  • Price Per Square Foot: $33.63

Legal Description

  • Description: SUNRISE SUB. L.2 BL.1
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: 41.60093 / -87.22409
  • Subdivision: Sunrise Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3343
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

507 S Wayne St has no associated ownership info
507 S Wayne St has no associated ownership info.

Taxes

507 S Wayne St has 10 associated Taxes items

507 S Wayne 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 $75,200. The APN we've located for 507 S Wayne St is 45-09-04-427-002.000-004.

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Taxes
  • Assessed Value:  $75,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-09-04-427-002.000-004
  • Assessed Land Value:  9200
  • Market Land Value:  9200
  • Tax Amount:  828.48
  • Tax Year:  2024
  • Market Value:  75200
  • Market Year:  2025

Tax History

507 S Wayne St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $75,200 Land Value $9,200 Improvement Value $66,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $66,600 Land Value $9,200 Improvement Value $57,400 Tax Amount $828.48 Change Rate -0.853865% Assessed CR Tax Rate +0.01244%
Year 2023 Assessed Value $64,300 Land Value $9,200 Improvement Value $55,100 Tax Amount $5,669.27 Change Rate Assessed CR Tax Rate +0.088169%
Year 2021 Assessed Value $48,700 Land Value $9,200 Improvement Value $39,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $48,800 Land Value $9,200 Improvement Value $39,600 Tax Amount $681.22 Change Rate +0.048031% Assessed CR Tax Rate +0.013959%
Year 2019 Assessed Value $53,100 Land Value $9,200 Improvement Value $43,900 Tax Amount $650 Change Rate +0.006815% Assessed CR Tax Rate +0.012241%
Year 2018 Assessed Value $52,400 Land Value $9,200 Improvement Value $43,200 Tax Amount $645.6 Change Rate +0.168972% Assessed CR Tax Rate +0.012321%
Year 2017 Assessed Value $53,000 Land Value $9,200 Improvement Value $43,800 Tax Amount $552.28 Change Rate -0.028531% Assessed CR Tax Rate +0.01042%
Year 2016 Assessed Value $55,100 Land Value $9,200 Improvement Value $45,900 Tax Amount $568.5 Change Rate Assessed CR Tax Rate +0.010318%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $568.5 Change Rate -0.210131% Assessed CR Tax Rate
Year 2014 Assessed Value $65,200 Land Value $9,200 Improvement Value $56,000 Tax Amount $719.74 Change Rate Assessed CR Tax Rate +0.011039%
Year 2013 Assessed Value $73,200 Land Value $9,200 Improvement Value $64,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $789.08 Change Rate Assessed CR Tax Rate