Taxes
- Assessed Value: $200,400
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-05-32-330-006.000-004
- Assessed Land Value: 24700
- Market Land Value: 24700
- Tax Amount: 1860.84
- Tax Year: 2024
- Market Value: 200400
- Market Year: 2025
550 N Montgomery St; Gary, IN Property Details
Off market
550 N Montgomery St Gary, IN 46403
$129,900 Listing Price
3 Beds
1.5 Baths
2,430 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1956
- Purchase Price: $150,800
- Open Loans / Balance: 1 / $102,152
- Est. Equity / %: $144,848 / 58.64%
- Gross Yield: 10.431%
- APN: 45-05-32-330-006.000-004
- Situs County: Lake
- Length Of Ownership: 8 years, 5 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 3
- Partial Bathrooms: 1
Structure
- Building Style: Brick
- Stories: 1
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 2,430/SqFt
- Lot: 4,792/SqFt
- Gross: 4,173/SqFt
- Garage: 528/SqFt
- Living: 2,430/SqFt
- Basement: 1,215/SqFt
- Building: 4,173/SqFt
- Ground: 1,215/SqFt
- Price Per Square Foot: $62.06
Legal Description
- Description: GARY BEACH 2ND. SUB. EX. W. 8 FT. & EX. S. 5 FT OF L.22 BL.C
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: 41.614033 / -87.251755
- Subdivision: Gary Beach 2nd. Sub
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2167
- Bathroom Fixtures: 7
- Cooling: Central
- Garage: Attached Garage
- Heating: Central
- Parking: 3
Ownership Info
550 N Montgomery St has no associated ownership info
550 N Montgomery St has no associated ownership info.
Taxes
550 N Montgomery St has 10 associated Taxes items
550 N Montgomery 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 $200,400. The APN we've located for 550 N Montgomery St is 45-05-32-330-006.000-004.
Unlock the full reportTax History
550 N Montgomery 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 $200,400 | Land Value $24,700 | Improvement Value $175,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $184,500 | Land Value $24,700 | Improvement Value $159,800 | Tax Amount $1,860.84 | Change Rate -0.854144% | Assessed CR | Tax Rate +0.010086% |
| Year 2023 | Assessed Value $144,700 | Land Value $20,900 | Improvement Value $123,800 | Tax Amount $12,758.05 | Change Rate +6.935295% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,607.76 | Change Rate +0.090761% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $120,000 | Land Value $11,300 | Improvement Value $108,700 | Tax Amount $1,473.98 | Change Rate -0.682263% | Assessed CR | Tax Rate +0.012283% |
| Year 2020 | Assessed Value $126,000 | Land Value $11,300 | Improvement Value $114,700 | Tax Amount $4,639 | Change Rate +2.585008% | Assessed CR | Tax Rate +0.036817% |
| Year 2019 | Assessed Value $123,400 | Land Value $10,700 | Improvement Value $112,700 | Tax Amount $1,294 | Change Rate +0.00377% | Assessed CR | Tax Rate +0.010486% |
| Year 2018 | Assessed Value $117,200 | Land Value $10,700 | Improvement Value $106,500 | Tax Amount $1,289.14 | Change Rate -0.486353% | Assessed CR | Tax Rate +0.010999% |
| Year 2017 | Assessed Value $116,100 | Land Value $10,500 | Improvement Value $105,600 | Tax Amount $2,509.78 | Change Rate -0.045878% | Assessed CR | Tax Rate +0.021617% |
| Year 2016 | Assessed Value $121,000 | Land Value $10,500 | Improvement Value $110,500 | Tax Amount $2,630.46 | Change Rate | Assessed CR | Tax Rate +0.021739% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,630.46 | Change Rate -0.089882% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $123,500 | Land Value $10,700 | Improvement Value $112,800 | Tax Amount $2,890.24 | Change Rate | Assessed CR | Tax Rate +0.023403% |
| Year 2013 | Assessed Value $117,700 | Land Value $10,700 | Improvement Value $107,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,293.74 | Change Rate | Assessed CR | Tax Rate |