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550 S Wayne St; Gary, IN Property Details

550 S Wayne St, Gary, IN is a Single Family that was built in 1960. This property is currently Financed and is not for sale. Our records show that 550 S Wayne St has 3 bedrooms, and 1 bathroom, and a total of 2,050 square feet. The lot size of 550 S Wayne St is 7,187 square feet.

Off market
550 S Wayne St Gary, IN 46403
$135,000 Listing Price
3 Beds
1 Baths
2,050 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1960
  • Purchase Price: $143,640
  • Open Loans / Balance: 1 / $108,000
  • Est. Equity / %: $23,000 / 17.56%
  • Gross Yield: 13.933%
  • APN: 45-09-04-426-049.000-004
  • Situs County: Lake
  • Length Of Ownership: 3 months

Rooms

  • Bedrooms: 3
  • 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: 2,050/SqFt
  • Lot: 7,187/SqFt
  • Gross: 2,050/SqFt
  • Garage: 1,025/SqFt
  • Living: 2,050/SqFt
  • Building: 2,050/SqFt
  • Ground: 1,025/SqFt
  • Price Per Square Foot: $70.07

Legal Description

  • Description: SUNRISE SUB. L.15 BL.3
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: 41.599087 / -87.224655
  • Subdivision: Sunrise Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3342
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

Ownership Info

550 S Wayne St has no associated ownership info
550 S Wayne St has no associated ownership info.

Taxes

550 S Wayne St has 10 associated Taxes items

550 S Wayne 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 $97,200. The APN we've located for 550 S Wayne St is 45-09-04-426-049.000-004.

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Taxes
  • Assessed Value:  $97,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-09-04-426-049.000-004
  • Assessed Land Value:  9200
  • Market Land Value:  9200
  • Tax Amount:  2168.04
  • Tax Year:  2024
  • Market Value:  97200
  • Market Year:  2025

Tax History

550 S Wayne St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $97,200 Land Value $9,200 Improvement Value $88,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,168.04 Change Rate -0.705866% Assessed CR Tax Rate
Year 2023 Assessed Value $83,600 Land Value $9,200 Improvement Value $74,400 Tax Amount $7,370.93 Change Rate +15.563143% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $445.02 Change Rate +0.08674% Assessed CR Tax Rate
Year 2021 Assessed Value $37,200 Land Value $9,200 Improvement Value $28,000 Tax Amount $409.5 Change Rate -0.387031% Assessed CR Tax Rate +0.011008%
Year 2020 Assessed Value $40,700 Land Value $9,200 Improvement Value $31,500 Tax Amount $668.06 Change Rate +0.430535% Assessed CR Tax Rate +0.016414%
Year 2019 Assessed Value $40,700 Land Value $9,200 Improvement Value $31,500 Tax Amount $467 Change Rate -0.019402% Assessed CR Tax Rate +0.011474%
Year 2018 Assessed Value $40,700 Land Value $9,200 Improvement Value $31,500 Tax Amount $476.24 Change Rate +0.135906% Assessed CR Tax Rate +0.011701%
Year 2017 Assessed Value $40,700 Land Value $9,200 Improvement Value $31,500 Tax Amount $419.26 Change Rate -0.02629% Assessed CR Tax Rate +0.010301%
Year 2016 Assessed Value $42,200 Land Value $9,200 Improvement Value $33,000 Tax Amount $430.58 Change Rate Assessed CR Tax Rate +0.010203%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $430.58 Change Rate -0.597408% Assessed CR Tax Rate
Year 2014 Assessed Value $45,700 Land Value $9,200 Improvement Value $36,500 Tax Amount $1,069.52 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $55,600 Land Value $9,200 Improvement Value $46,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $584.28 Change Rate Assessed CR Tax Rate