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617 E 48th Ave; Gary, IN Property Details

617 E 48th Ave, Gary, IN is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 617 E 48th Ave has 3 bedrooms, and 1 bathroom, and a total of 1,850 square feet. The lot size of 617 E 48th Ave is 6,098 square feet.

For Rent
601 E 48th Ave Gary, IN 46409
$750 Listing Price
3 Beds
1 Baths
1,850 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1956
  • Purchase Price: $436,572
  • Open Loans / Balance: 1 / $294,749
  • Est. Equity / %: $-161,749 / -121.62%
  • Gross Yield: 6.929%
  • APN: 45-08-34-179-012.000-004
  • Situs County: Lake
  • Length Of Ownership: 4 years, 7 months

Rooms

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

Structure

  • Building Style: Frame
  • 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: $235.98

Legal Description

  • Description: GEORGETOWN ADD. L.12 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: 41.531445 / -87.32871
  • Subdivision: Georgetown Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2529
  • Bathroom Fixtures: 5
  • Cooling: None
  • Heating: Central

Ownership Info

601 E 48th Ave has no associated ownership info
601 E 48th Ave has no associated ownership info.

Taxes

601 E 48th Ave has 10 associated Taxes items

617 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 $54,500. The APN we've located for 617 E 48th Ave is 45-08-34-179-012.000-004.

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Taxes
  • Assessed Value:  $54,500
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-179-012.000-004
  • Assessed Land Value:  6900
  • Market Land Value:  6900
  • Tax Amount:  908.9
  • Tax Year:  2024
  • Market Value:  54500
  • Market Year:  2025

Tax History

601 E 48th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $54,500 Land Value $6,900 Improvement Value $47,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $908.9 Change Rate -0.622395% Assessed CR Tax Rate
Year 2023 Assessed Value $27,300 Land Value $7,400 Improvement Value $19,900 Tax Amount $2,407.01 Change Rate +2.599644% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $668.68 Change Rate +0.096628% Assessed CR Tax Rate
Year 2021 Assessed Value $23,800 Land Value $5,100 Improvement Value $18,700 Tax Amount $609.76 Change Rate -0.709225% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $23,800 Land Value $5,100 Improvement Value $18,700 Tax Amount $2,097.02 Change Rate +2.469016% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $23,400 Land Value $5,000 Improvement Value $18,400 Tax Amount $604.5 Change Rate -0.082395% Assessed CR Tax Rate +0.025833%
Year 2018 Assessed Value $26,100 Land Value $5,600 Improvement Value $20,500 Tax Amount $658.78 Change Rate +0.058145% Assessed CR Tax Rate +0.025241%
Year 2017 Assessed Value $28,800 Land Value $5,600 Improvement Value $23,200 Tax Amount $622.58 Change Rate -0.128698% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $32,900 Land Value $5,600 Improvement Value $27,300 Tax Amount $714.54 Change Rate Assessed CR Tax Rate +0.021719%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $714.54 Change Rate -0.219133% Assessed CR Tax Rate
Year 2014 Assessed Value $39,100 Land Value $7,000 Improvement Value $32,100 Tax Amount $915.06 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $38,100 Land Value $7,000 Improvement Value $31,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $856.12 Change Rate Assessed CR Tax Rate