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5800 Forest Ct; Gary, IN Property Details

5800 Forest Ct, Gary, IN is a Apt House 5+ Units that was built in 1964. This property is currently Financed and is not for sale. Our records show that 5800 Forest Ct has a total of 72,120 square feet. The lot size of 5800 Forest Ct is 52,577 square feet.

Off market
5800 Forest Ct Gary, IN 46403
$1,432,200 Estimated Value
72,120 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1964
  • Purchase Price: $31,250,000
  • APN: 45-05-31-401-002.000-004
  • Situs County: Lake
  • Length Of Ownership: 4 years, 9 months

Structure

  • Building Style: Brick
  • Stories: 3
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 72,120/SqFt
  • Lot: 52,577/SqFt
  • Gross: 72,120/SqFt
  • Living: 72,120/SqFt
  • Building: 72,120/SqFt
  • Ground: 14,424/SqFt
  • Price Per Square Foot: $433.31

Legal Description

  • Description: PT. GOV. LOT 5 S.31 T.37 R.7 150X338.80X59.36X95.44X368.26FT. 1.207AC.
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Gary Community School Corporation
  • Lat / Lon: 41.61466 / -87.26951
  • Subdivision: Johnson Kennedy Estates Subdivision
  • Property Class: Residential
  • Zoning: 1805
  • County Use Code: 403

Amenities

  • Heating Fuel Type: Gas

Ownership Info

5800 Forest Ct has no associated ownership info
5800 Forest Ct has no associated ownership info.

Taxes

5800 Forest Ct has 10 associated Taxes items

5800 Forest Ct, 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 $1,432,200. The APN we've located for 5800 Forest Ct is 45-05-31-401-002.000-004.

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Taxes
  • Assessed Value:  $1,432,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-05-31-401-002.000-004
  • Assessed Land Value:  39200
  • Market Land Value:  39200
  • Tax Amount:  22572.24
  • Tax Year:  2024
  • Market Value:  1432200
  • Market Year:  2025

Tax History

5800 Forest Ct has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,432,200 Land Value $39,200 Improvement Value $1,393,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $22,572.24 Change Rate -0.708582% Assessed CR Tax Rate
Year 2023 Assessed Value $878,500 Land Value $39,200 Improvement Value $839,300 Tax Amount $77,456.47 Change Rate +0.829963% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value $1,652,100 Land Value $50,400 Improvement Value $1,601,700 Tax Amount $42,326.8 Change Rate Assessed CR Tax Rate +0.02562%
Year 2021 Assessed Value $1,652,100 Land Value $50,400 Improvement Value $1,601,700 Tax Amount $42,326.8 Change Rate -0.709227% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $1,652,100 Land Value $50,400 Improvement Value $1,601,700 Tax Amount $145,566.55 Change Rate +3.350205% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $1,652,100 Land Value $50,400 Improvement Value $1,601,700 Tax Amount $33,462 Change Rate -0.056699% Assessed CR Tax Rate +0.020254%
Year 2018 Assessed Value $1,652,100 Land Value $50,400 Improvement Value $1,601,700 Tax Amount $35,473.3 Change Rate +0.025156% Assessed CR Tax Rate +0.021472%
Year 2017 Assessed Value $1,600,700 Land Value $50,400 Improvement Value $1,550,300 Tax Amount $34,602.82 Change Rate -0.078522% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $1,673,200 Land Value $50,400 Improvement Value $1,622,800 Tax Amount $37,551.42 Change Rate Assessed CR Tax Rate +0.022443%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $37,551.42 Change Rate -0.113057% Assessed CR Tax Rate
Year 2014 Assessed Value $1,809,100 Land Value $50,600 Improvement Value $1,758,500 Tax Amount $42,338.04 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $1,669,000 Land Value $50,600 Improvement Value $1,618,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $37,503.06 Change Rate Assessed CR Tax Rate