- Assessed Value: $113,400
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-09-06-404-021.000-004
- Assessed Land Value: 15500
- Market Land Value: 15500
- Tax Amount: 1263.44
- Tax Year: 2024
- Market Value: 113400
- Market Year: 2025
550 S Hancock St; Gary, IN Property Details
Off market
550 S Hancock St Gary, IN 46403
$113,400 Estimated Value
4 Beds
1 Baths
2,244 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1938
- Purchase Price: $92,900
- Open Loans / Balance: 2 / $75,022
- Est. Equity / %: $133,978 / 64.1%
- Gross Yield: 6.666%
- APN: 45-09-06-404-021.000-004
- Situs County: Lake
- Length Of Ownership: 17 years, 1 months
Rooms
- Bedrooms: 4
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 7
Structure
- Building Style: Frame
- Stories: 1.5
- Building Condition: Fair
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 2,244/SqFt
- Lot: 9,365/SqFt
- Gross: 3,424/SqFt
- Garage: 2,244/SqFt
- Living: 2,244/SqFt
- Basement: 1,180/SqFt
- Building: 3,424/SqFt
- Ground: 2,244/SqFt
- Price Per Square Foot: $41.40
Legal Description
- Description: J. H. ANSBROS 1ST ADD. ALL LOTS 41,42,43 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: 41.60059 / -87.26655
- Subdivision: J. H. Ansbros 1st Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2403
- Bathroom Fixtures: 5
- Cooling: Central
- Fireplaces: 1
- Heating: Central
Ownership Info
550 S Hancock St has no associated ownership info
550 S Hancock St has no associated ownership info.
Taxes
550 S Hancock St has 10 associated Taxes items
550 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 $113,400. The APN we've located for 550 S Hancock St is 45-09-06-404-021.000-004.
Unlock the full reportTaxes
Tax History
550 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 $113,400 | Land Value $15,500 | Improvement Value $97,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $109,300 | Land Value $15,900 | Improvement Value $93,400 | Tax Amount $1,263.44 | Change Rate -0.861011% | Assessed CR | Tax Rate +0.011559% |
| Year 2023 | Assessed Value $103,100 | Land Value $15,900 | Improvement Value $87,200 | Tax Amount $9,090.22 | Change Rate +9.431742% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $871.4 | Change Rate +0.104632% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $70,300 | Land Value $9,400 | Improvement Value $60,900 | Tax Amount $788.86 | Change Rate -0.444253% | Assessed CR | Tax Rate +0.011221% |
| Year 2020 | Assessed Value $73,500 | Land Value $9,400 | Improvement Value $64,100 | Tax Amount $1,419.46 | Change Rate +0.822157% | Assessed CR | Tax Rate +0.019312% |
| Year 2019 | Assessed Value $71,900 | Land Value $9,200 | Improvement Value $62,700 | Tax Amount $779 | Change Rate +0.019553% | Assessed CR | Tax Rate +0.010834% |
| Year 2018 | Assessed Value $68,600 | Land Value $8,800 | Improvement Value $59,800 | Tax Amount $764.06 | Change Rate +0.08732% | Assessed CR | Tax Rate +0.011138% |
| Year 2017 | Assessed Value $67,900 | Land Value $8,600 | Improvement Value $59,300 | Tax Amount $702.7 | Change Rate -0.129632% | Assessed CR | Tax Rate +0.010349% |
| Year 2016 | Assessed Value $70,600 | Land Value $8,600 | Improvement Value $62,000 | Tax Amount $807.36 | Change Rate | Assessed CR | Tax Rate +0.011436% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $807.36 | Change Rate -0.326156% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $107,100 | Land Value $10,400 | Improvement Value $96,700 | Tax Amount $1,198.14 | Change Rate | Assessed CR | Tax Rate +0.011187% |
| Year 2013 | Assessed Value $103,700 | Land Value $10,400 | Improvement Value $93,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,123.86 | Change Rate | Assessed CR | Tax Rate |