Taxes
- Assessed Value: $59,500
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-34-179-011.000-004
- Assessed Land Value: 6900
- Market Land Value: 6900
- Tax Amount: 780.78
- Tax Year: 2024
- Market Value: 59500
- Market Year: 2025
561 E 48th Ave; Gary, IN Property Details
For Rent
561 E 48th Ave Gary, IN 46409
$775 Listing Price
2 Beds
1 Baths
1,850 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1956
- Purchase Price: $24,400
- Open Loans / Balance: 1 / $2,991
- Est. Equity / %: $130,009 / 97.75%
- Gross Yield: 8.346%
- APN: 45-08-34-179-011.000-004
- Situs County: Lake
- Length Of Ownership: 19 years, 6 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Building Style: Masonry
- Stories: 1
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,850/SqFt
- Lot: 6,098/SqFt
- Gross: 1,850/SqFt
- Garage: 925/SqFt
- Living: 1,850/SqFt
- Building: 1,850/SqFt
- Ground: 925/SqFt
- Price Per Square Foot: $13.19
Legal Description
- Description: GEORGETOWN ADD. ALL L.11 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: 41.531467 / -87.32896
- Subdivision: Georgetown Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2527
- Bathroom Fixtures: 5
- Cooling: None
- Heating: Central
Ownership Info
561 E 48th Ave has no associated ownership info
561 E 48th Ave has no associated ownership info.
Taxes
561 E 48th Ave has 10 associated Taxes items
561 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 $59,500. The APN we've located for 561 E 48th Ave is 45-08-34-179-011.000-004.
Unlock the full reportTax History
561 E 48th Ave 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 $59,500 | Land Value $6,900 | Improvement Value $52,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $49,600 | Land Value $6,900 | Improvement Value $42,700 | Tax Amount $780.78 | Change Rate -0.669571% | Assessed CR | Tax Rate +0.015742% |
| Year 2023 | Assessed Value $26,800 | Land Value $7,400 | Improvement Value $19,400 | Tax Amount $2,362.93 | Change Rate +2.588679% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $658.44 | Change Rate +0.098315% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $23,400 | Land Value $5,100 | Improvement Value $18,300 | Tax Amount $599.5 | Change Rate -0.709232% | Assessed CR | Tax Rate +0.02562% |
| Year 2020 | Assessed Value $23,400 | Land Value $5,100 | Improvement Value $18,300 | Tax Amount $2,061.78 | Change Rate +2.444912% | Assessed CR | Tax Rate +0.08811% |
| Year 2019 | Assessed Value $23,100 | Land Value $5,000 | Improvement Value $18,100 | Tax Amount $598.5 | Change Rate -0.079656% | Assessed CR | Tax Rate +0.025909% |
| Year 2018 | Assessed Value $25,700 | Land Value $5,600 | Improvement Value $20,100 | Tax Amount $650.3 | Change Rate +0.379918% | Assessed CR | Tax Rate +0.025304% |
| Year 2017 | Assessed Value $21,800 | Land Value $5,600 | Improvement Value $16,200 | Tax Amount $471.26 | Change Rate -0.165734% | Assessed CR | Tax Rate +0.021617% |
| Year 2016 | Assessed Value $25,300 | Land Value $5,600 | Improvement Value $19,700 | Tax Amount $564.88 | Change Rate | Assessed CR | Tax Rate +0.022327% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $564.88 | Change Rate -0.208608% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $30,500 | Land Value $7,000 | Improvement Value $23,500 | Tax Amount $713.78 | Change Rate | Assessed CR | Tax Rate +0.023403% |
| Year 2013 | Assessed Value $29,800 | Land Value $7,000 | Improvement Value $22,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $669.6 | Change Rate | Assessed CR | Tax Rate |