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548 E 48th Ave; Gary, IN Property Details

548 E 48th Ave, Gary, IN is a Single Family that was built in 1957. This property is currently Financed and is not for sale. Our records show that 548 E 48th Ave has 2 bedrooms, and 1 bathroom, and a total of 1,850 square feet. The lot size of 548 E 48th Ave is 5,706 square feet.

Off market
548 E 48th Ave Gary, IN 46409
$64,400 Estimated Value
2 Beds
1 Baths
1,850 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1957
  • Purchase Price: $70,500
  • Open Loans / Balance: 1 / $91,289
  • Est. Equity / %: $49,711 / 35.26%
  • Gross Yield: 8.885%
  • APN: 45-08-34-177-025.000-004
  • Situs County: Lake
  • Length Of Ownership: 4 years, 4 months

Rooms

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

Structure

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

Measurements

  • Total: 1,850/SqFt
  • Lot: 5,706/SqFt
  • Gross: 1,850/SqFt
  • Garage: 250/SqFt
  • Living: 1,850/SqFt
  • Building: 1,850/SqFt
  • Ground: 925/SqFt
  • Price Per Square Foot: $38.11

Legal Description

  • Description: GEORGETOWN ADD. L. 22 BL. 2
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: 41.531883 / -87.329124
  • Subdivision: Georgetown Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2528
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Carport
  • Heating: Central
  • Parking: 1

Ownership Info

548 E 48th Ave has no associated ownership info
548 E 48th Ave has no associated ownership info.

Taxes

548 E 48th Ave has 10 associated Taxes items

548 E 48th 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 $64,400. The APN we've located for 548 E 48th Ave is 45-08-34-177-025.000-004.

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Taxes
  • Assessed Value:  $64,400
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-177-025.000-004
  • Assessed Land Value:  6400
  • Market Land Value:  6400
  • Tax Amount:  465.1
  • Tax Year:  2024
  • Market Value:  64400
  • Market Year:  2025

Tax History

548 E 48th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,400 Land Value $6,400 Improvement Value $58,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $465.1 Change Rate -0.456176% Assessed CR Tax Rate
Year 2023 Assessed Value $9,700 Land Value $7,300 Improvement Value $2,400 Tax Amount $855.24 Change Rate +3.392153% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value $7,600 Land Value $5,100 Improvement Value $2,500 Tax Amount $194.72 Change Rate +0.055622% Assessed CR Tax Rate +0.025621%
Year 2021 Assessed Value $7,200 Land Value $5,000 Improvement Value $2,200 Tax Amount $184.46 Change Rate -0.709237% Assessed CR Tax Rate +0.025619%
Year 2020 Assessed Value $7,200 Land Value $5,000 Improvement Value $2,200 Tax Amount $634.4 Change Rate +1.277917% Assessed CR Tax Rate +0.088111%
Year 2019 Assessed Value $7,100 Land Value $4,900 Improvement Value $2,200 Tax Amount $278.5 Change Rate -0.351209% Assessed CR Tax Rate +0.039225%
Year 2018 Assessed Value $8,000 Land Value $5,500 Improvement Value $2,500 Tax Amount $429.26 Change Rate +1.364027% Assessed CR Tax Rate +0.053658%
Year 2017 Assessed Value $8,400 Land Value $5,500 Improvement Value $2,900 Tax Amount $181.58 Change Rate -0.129781% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $8,600 Land Value $5,500 Improvement Value $3,100 Tax Amount $208.66 Change Rate Assessed CR Tax Rate +0.024263%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $208.66 Change Rate -0.150891% Assessed CR Tax Rate
Year 2014 Assessed Value $10,500 Land Value $6,800 Improvement Value $3,700 Tax Amount $245.74 Change Rate Assessed CR Tax Rate +0.023404%
Year 2013 Assessed Value $10,300 Land Value $6,800 Improvement Value $3,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $231.46 Change Rate Assessed CR Tax Rate