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624 Illinois St; Gary, IN Property Details

624 Illinois St, Gary, IN is a Single Family that was built in 1948. This property is currently Financed and is not for sale. Our records show that 624 Illinois St has 4 bedrooms, and 1.5 bathrooms, and a total of 2,160 square feet. The lot size of 624 Illinois St is 4,617 square feet.

Off market
624 Illinois St Gary, IN 46402
$22,500 Listing Price
4 Beds
1.5 Baths
2,160 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1948
  • Purchase Price: $187,064
  • Open Loans / Balance: 1 / $138,775
  • Est. Equity / %: $-11,775 / -9.27%
  • Gross Yield: 10.942%
  • APN: 45-08-02-303-020.000-004
  • Situs County: Lake
  • Length Of Ownership: 1 year, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 11
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,160/SqFt
  • Lot: 4,617/SqFt
  • Gross: 2,160/SqFt
  • Garage: 396/SqFt
  • Living: 2,160/SqFt
  • Basement: 720/SqFt
  • Building: 2,160/SqFt
  • Ground: 720/SqFt
  • Basement Finished: 720/SqFt
  • Price Per Square Foot: $86.60

Legal Description

  • Description: RESUB. GARY LAND COS. 13TH SUB. ALL L.33 BL.15 S.10 FT. L.34 BL.15
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: 41.59957 / -87.31635
  • Subdivision: Gary Land Cos. 13th Sub
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1517
  • Bathroom Fixtures: 7
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

624 Illinois St has no associated ownership info
624 Illinois St has no associated ownership info.

Taxes

624 Illinois St has 10 associated Taxes items

624 Illinois 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 $118,700. The APN we've located for 624 Illinois St is 45-08-02-303-020.000-004.

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Taxes
  • Assessed Value:  $118,700
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-02-303-020.000-004
  • Assessed Land Value:  5600
  • Market Land Value:  5600
  • Tax Amount:  943.8
  • Tax Year:  2024
  • Market Value:  118700
  • Market Year:  2025

Tax History

624 Illinois St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $118,700 Land Value $5,600 Improvement Value $113,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $34,800 Land Value $5,600 Improvement Value $29,200 Tax Amount $943.8 Change Rate -0.6833% Assessed CR Tax Rate +0.027121%
Year 2023 Assessed Value $33,800 Land Value $5,100 Improvement Value $28,700 Tax Amount $2,980.11 Change Rate +5.399205% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $465.7 Change Rate +0.076863% Assessed CR Tax Rate
Year 2021 Assessed Value $37,100 Land Value $4,800 Improvement Value $32,300 Tax Amount $432.46 Change Rate -0.474953% Assessed CR Tax Rate +0.011657%
Year 2020 Assessed Value $35,100 Land Value $4,800 Improvement Value $30,300 Tax Amount $823.66 Change Rate +0.559962% Assessed CR Tax Rate +0.023466%
Year 2019 Assessed Value $35,100 Land Value $4,800 Improvement Value $30,300 Tax Amount $528 Change Rate -0.327389% Assessed CR Tax Rate +0.015043%
Year 2018 Assessed Value $37,100 Land Value $5,000 Improvement Value $32,100 Tax Amount $785 Change Rate +0.951086% Assessed CR Tax Rate +0.021159%
Year 2017 Assessed Value $38,000 Land Value $5,000 Improvement Value $33,000 Tax Amount $402.34 Change Rate -0.536036% Assessed CR Tax Rate +0.010588%
Year 2016 Assessed Value $39,600 Land Value $5,000 Improvement Value $34,600 Tax Amount $867.18 Change Rate Assessed CR Tax Rate +0.021898%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $867.18 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $52,400 Land Value $6,100 Improvement Value $46,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $53,900 Land Value $6,100 Improvement Value $47,800 Tax Amount Change Rate Assessed CR Tax Rate