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551 S Wayne St; Gary, IN Property Details

551 S Wayne St, Gary, IN is a Single Family that was built in 1970. This property is currently Financed and is not for sale. Our records show that 551 S Wayne St has 3 bedrooms, and 1 bathroom, and a total of 2,016 square feet. The lot size of 551 S Wayne St is 7,187 square feet.

Off market
551 S Wayne St Gary, IN 46403
$72,800 Estimated Value
3 Beds
1 Baths
2,016 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1970
  • Purchase Price: $92,700
  • Open Loans: 1
  • Gross Yield: 10.772%
  • APN: 45-09-04-427-013.000-004
  • Situs County: Lake
  • Length Of Ownership: 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 2,016/SqFt
  • Lot: 7,187/SqFt
  • Gross: 2,016/SqFt
  • Garage: 576/SqFt
  • Living: 2,016/SqFt
  • Building: 2,016/SqFt
  • Ground: 1,008/SqFt
  • Price Per Square Foot: $45.98

Legal Description

  • Description: SUNRISE SUB. L.13 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: 41.599136 / -87.22409
  • Subdivision: Sunrise Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3343
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

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

Taxes

551 S Wayne St has 10 associated Taxes items

551 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 $72,800. The APN we've located for 551 S Wayne St is 45-09-04-427-013.000-004.

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Taxes
  • Assessed Value:  $72,800
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-09-04-427-013.000-004
  • Assessed Land Value:  9200
  • Market Land Value:  9200
  • Tax Amount:  1665.86
  • Tax Year:  2024
  • Market Value:  72800
  • Market Year:  2025

Tax History

551 S Wayne St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $72,800 Land Value $9,200 Improvement Value $63,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $64,000 Land Value $9,200 Improvement Value $54,800 Tax Amount $1,665.86 Change Rate -0.694767% Assessed CR Tax Rate +0.026029%
Year 2023 Assessed Value $61,900 Land Value $9,200 Improvement Value $52,700 Tax Amount $5,457.66 Change Rate +3.18513% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,304.06 Change Rate +0.073848% Assessed CR Tax Rate
Year 2021 Assessed Value $47,400 Land Value $9,200 Improvement Value $38,200 Tax Amount $1,214.38 Change Rate -0.732377% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $51,500 Land Value $9,200 Improvement Value $42,300 Tax Amount $4,537.66 Change Rate +2.997938% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $51,500 Land Value $9,200 Improvement Value $42,300 Tax Amount $1,135 Change Rate -0.031785% Assessed CR Tax Rate +0.022039%
Year 2018 Assessed Value $50,300 Land Value $9,200 Improvement Value $41,100 Tax Amount $1,172.26 Change Rate +0.063294% Assessed CR Tax Rate +0.023305%
Year 2017 Assessed Value $51,000 Land Value $9,200 Improvement Value $41,800 Tax Amount $1,102.48 Change Rate -0.090333% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $52,900 Land Value $9,200 Improvement Value $43,700 Tax Amount $1,211.96 Change Rate Assessed CR Tax Rate +0.02291%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,211.96 Change Rate -0.159295% Assessed CR Tax Rate
Year 2014 Assessed Value $61,600 Land Value $9,200 Improvement Value $52,400 Tax Amount $1,441.6 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $66,200 Land Value $9,200 Improvement Value $57,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,487.54 Change Rate Assessed CR Tax Rate