Taxes
- Assessed Value: $130,500
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-09-06-404-020.000-004
- Assessed Land Value: 15500
- Market Land Value: 15500
- Tax Amount: 3179.22
- Tax Year: 2024
- Market Value: 130500
- Market Year: 2025
540 S Hancock St; Gary, IN Property Details
Off market
540 S Hancock St Gary, IN 46403
$130,500 Estimated Value
2 Beds
1 Baths
2,484 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Trust
- Owner Status: Trust
- Year Built: 1954
- Purchase Price: $22,950
- Open Loans / Balance: 1 / $42,368
- Est. Equity / %: $160,632 / 79.13%
- Gross Yield: 10.386%
- APN: 45-09-06-404-020.000-004
- Situs County: Lake
- Length Of Ownership: 2 years, 9 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Building Style: Brick
- Stories: 1
- Building Condition: Fair
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 2,484/SqFt
- Lot: 9,365/SqFt
- Gross: 4,206/SqFt
- Garage: 480/SqFt
- Living: 2,484/SqFt
- Basement: 1,242/SqFt
- Building: 4,206/SqFt
- Ground: 1,242/SqFt
- Price Per Square Foot: $9.24
Legal Description
- Description: J. A. ANSBROS 1ST ADD. ALL L.38, 39 & 40 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: 41.600803 / -87.26668
- Subdivision: J. A. Ansbros 1st Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2403
- Bathroom Fixtures: 5
- Cooling: None
- Garage: Attached Garage
- Heating: Central
- Parking: 2
Ownership Info
540 S Hancock St has no associated ownership info
540 S Hancock St has no associated ownership info.
Taxes
540 S Hancock St has 10 associated Taxes items
540 S Hancock 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 $130,500. The APN we've located for 540 S Hancock St is 45-09-06-404-020.000-004.
Unlock the full reportTax History
540 S Hancock 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 $130,500 | Land Value $15,500 | Improvement Value $115,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $132,900 | Land Value $17,600 | Improvement Value $115,300 | Tax Amount $3,179.22 | Change Rate -0.708503% | Assessed CR | Tax Rate +0.023922% |
| Year 2023 | Assessed Value $123,700 | Land Value $15,900 | Improvement Value $107,800 | Tax Amount $10,906.51 | Change Rate +3.587309% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,377.54 | Change Rate +0.102142% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $84,200 | Land Value $9,400 | Improvement Value $74,800 | Tax Amount $2,157.2 | Change Rate -0.694725% | Assessed CR | Tax Rate +0.02562% |
| Year 2020 | Assessed Value $80,200 | Land Value $9,400 | Improvement Value $70,800 | Tax Amount $7,066.42 | Change Rate +3.335227% | Assessed CR | Tax Rate +0.08811% |
| Year 2019 | Assessed Value $78,500 | Land Value $9,200 | Improvement Value $69,300 | Tax Amount $1,630 | Change Rate -0.050714% | Assessed CR | Tax Rate +0.020764% |
| Year 2018 | Assessed Value $78,100 | Land Value $8,800 | Improvement Value $69,300 | Tax Amount $1,717.08 | Change Rate +0.031564% | Assessed CR | Tax Rate +0.021986% |
| Year 2017 | Assessed Value $77,000 | Land Value $8,600 | Improvement Value $68,400 | Tax Amount $1,664.54 | Change Rate -0.027427% | Assessed CR | Tax Rate +0.021617% |
| Year 2016 | Assessed Value $80,200 | Land Value $8,600 | Improvement Value $71,600 | Tax Amount $1,711.48 | Change Rate | Assessed CR | Tax Rate +0.02134% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,711.48 | Change Rate -0.118893% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $83,000 | Land Value $10,400 | Improvement Value $72,600 | Tax Amount $1,942.42 | Change Rate | Assessed CR | Tax Rate +0.023403% |
| Year 2013 | Assessed Value $80,500 | Land Value $10,400 | Improvement Value $70,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $854.6 | Change Rate | Assessed CR | Tax Rate |