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524 E 47th Pl; Gary, IN Property Details

524 E 47th Pl, Gary, IN is a Single Family that was built in 1955. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 524 E 47th Pl has 2 bedrooms, and 1 bathroom, and a total of 1,920 square feet. The lot size of 524 E 47th Pl is 5,706 square feet.

Off market
524 E 47th Pl Gary, IN 46409
$51,900 Estimated Value
2 Beds
1 Baths
1,920 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1955
  • Purchase Price: $685
  • Est. Equity / %: $133,000 / 100%
  • Gross Yield: 6.469%
  • APN: 45-08-34-176-024.000-004
  • Situs County: Lake
  • Length Of Ownership: 17 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,920/SqFt
  • Lot: 5,706/SqFt
  • Gross: 2,232/SqFt
  • Garage: 312/SqFt
  • Living: 1,920/SqFt
  • Building: 2,232/SqFt
  • Ground: 960/SqFt
  • Price Per Square Foot: $0.36

Legal Description

  • Description: GEORGETOWN ADD. L.25 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: 41.532574 / -87.32955
  • Subdivision: Georgetown Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2522
  • Bathroom Fixtures: 5
  • Cooling: None
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

524 E 47th Pl has no associated ownership info
524 E 47th Pl has no associated ownership info.

Taxes

524 E 47th Pl has 10 associated Taxes items

524 E 47th Pl, 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 $51,900. The APN we've located for 524 E 47th Pl is 45-08-34-176-024.000-004.

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Taxes
  • Assessed Value:  $51,900
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-176-024.000-004
  • Assessed Land Value:  6400
  • Market Land Value:  6400
  • Tax Amount:  853.92
  • Tax Year:  2024
  • Market Value:  51900
  • Market Year:  2025

Tax History

524 E 47th Pl has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $51,900 Land Value $6,400 Improvement Value $45,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $43,300 Land Value $6,400 Improvement Value $36,900 Tax Amount $853.92 Change Rate -0.673905% Assessed CR Tax Rate +0.019721%
Year 2023 Assessed Value $29,700 Land Value $7,300 Improvement Value $22,400 Tax Amount $2,618.62 Change Rate +2.561295% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $735.3 Change Rate +0.103855% Assessed CR Tax Rate
Year 2021 Assessed Value $26,000 Land Value $5,000 Improvement Value $21,000 Tax Amount $666.12 Change Rate -0.709227% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $26,000 Land Value $5,000 Improvement Value $21,000 Tax Amount $2,290.86 Change Rate +2.700905% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $25,700 Land Value $4,900 Improvement Value $20,800 Tax Amount $619 Change Rate -0.130398% Assessed CR Tax Rate +0.024086%
Year 2018 Assessed Value $28,600 Land Value $5,500 Improvement Value $23,100 Tax Amount $711.82 Change Rate +0.139386% Assessed CR Tax Rate +0.024889%
Year 2017 Assessed Value $28,900 Land Value $5,500 Improvement Value $23,400 Tax Amount $624.74 Change Rate -0.338381% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $41,800 Land Value $5,500 Improvement Value $36,300 Tax Amount $944.26 Change Rate Assessed CR Tax Rate +0.02259%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $944.26 Change Rate -0.222575% Assessed CR Tax Rate
Year 2014 Assessed Value $51,900 Land Value $6,800 Improvement Value $45,100 Tax Amount $1,214.6 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $50,500 Land Value $6,800 Improvement Value $43,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $524.34 Change Rate Assessed CR Tax Rate