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541 S Hancock St; Gary, IN Property Details

541 S Hancock St, Gary, IN is a Single Family that was built in 1929. This property is not for sale. Our records show that 541 S Hancock St has 2 bedrooms, and 1 bathroom, and a total of 1,698 square feet. The lot size of 541 S Hancock St is 6,534 square feet.

Off market
541 S Hancock St Gary, IN 46403
$106,900 Estimated Value
2 Beds
1 Baths
1,698 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1929
  • Open Loans / Balance: 1 / $29,036
  • Est. Equity / %: $115,964 / 79.98%
  • Gross Yield: 12.273%
  • APN: 45-09-06-426-009.000-004
  • Situs County: Lake

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: 1,698/SqFt
  • Lot: 6,534/SqFt
  • Gross: 2,547/SqFt
  • Garage: 323/SqFt
  • Living: 1,698/SqFt
  • Basement: 849/SqFt
  • Building: 2,547/SqFt
  • Ground: 849/SqFt

Legal Description

  • Description: J.H. ANSBROS 1ST ADD BL.2 LOTS 3 & 4
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: 41.60063 / -87.26605
  • Subdivision: J.H. Ansbros 1st Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2404
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

541 S Hancock St has no associated ownership info
541 S Hancock St has no associated ownership info.

Taxes

541 S Hancock St has 10 associated Taxes items

541 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 $106,900. The APN we've located for 541 S Hancock St is 45-09-06-426-009.000-004.

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Taxes
  • Assessed Value:  $106,900
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-09-06-426-009.000-004
  • Assessed Land Value:  12200
  • Market Land Value:  12200
  • Tax Amount:  1199.12
  • Tax Year:  2024
  • Market Value:  106900
  • Market Year:  2025

Tax History

541 S Hancock St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $106,900 Land Value $12,200 Improvement Value $94,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $103,800 Land Value $13,300 Improvement Value $90,500 Tax Amount $1,199.12 Change Rate -0.861505% Assessed CR Tax Rate +0.011552%
Year 2023 Assessed Value $98,200 Land Value $13,300 Improvement Value $84,900 Tax Amount $8,658.2 Change Rate +9.23186% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $846.2 Change Rate +0.098333% Assessed CR Tax Rate
Year 2021 Assessed Value $66,800 Land Value $7,800 Improvement Value $59,000 Tax Amount $770.44 Change Rate -0.476717% Assessed CR Tax Rate +0.011534%
Year 2020 Assessed Value $63,700 Land Value $7,800 Improvement Value $55,900 Tax Amount $1,472.32 Change Rate +1.14% Assessed CR Tax Rate +0.023113%
Year 2019 Assessed Value $62,400 Land Value $7,700 Improvement Value $54,700 Tax Amount $688 Change Rate +0.014749% Assessed CR Tax Rate +0.011026%
Year 2018 Assessed Value $59,500 Land Value $7,300 Improvement Value $52,200 Tax Amount $678 Change Rate +0.100792% Assessed CR Tax Rate +0.011395%
Year 2017 Assessed Value $58,700 Land Value $7,100 Improvement Value $51,600 Tax Amount $615.92 Change Rate -0.053625% Assessed CR Tax Rate +0.010493%
Year 2016 Assessed Value $61,300 Land Value $7,100 Improvement Value $54,200 Tax Amount $650.82 Change Rate Assessed CR Tax Rate +0.010617%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $650.82 Change Rate -0.008712% Assessed CR Tax Rate
Year 2014 Assessed Value $59,700 Land Value $8,700 Improvement Value $51,000 Tax Amount $656.54 Change Rate Assessed CR Tax Rate +0.010997%
Year 2013 Assessed Value $57,900 Land Value $8,700 Improvement Value $49,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $622.72 Change Rate Assessed CR Tax Rate