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700 W 47th Ave; Gary, IN Property Details

700 W 47th Ave, Gary, IN is a Single Family that was built in 1938. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 700 W 47th Ave has 4 bedrooms, and 1 bathroom, and a total of 3,027 square feet. The lot size of 700 W 47th Ave is 6,360 square feet.

Off market
700 W 47th Ave Gary, IN 46408
$79,900 Listing Price
4 Beds
1 Baths
3,027 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1938
  • Purchase Price: $17,000
  • Est. Equity / %: $190,000 / 100%
  • Gross Yield: 12.373%
  • APN: 45-08-33-203-024.000-004
  • Situs County: Lake
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 3,027/SqFt
  • Lot: 6,360/SqFt
  • Gross: 4,036/SqFt
  • Garage: 1,140/SqFt
  • Living: 3,027/SqFt
  • Basement: 1,009/SqFt
  • Building: 4,036/SqFt
  • Ground: 1,009/SqFt
  • Price Per Square Foot: $5.62

Legal Description

  • Description: KOENIGS ADD. L.23 L.24
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: 41.533367 / -87.3452
  • Subdivision: Koenigs Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4544
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 4

Ownership Info

700 W 47th Ave has no associated ownership info
700 W 47th Ave has no associated ownership info.

Taxes

700 W 47th Ave has 10 associated Taxes items

700 W 47th 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 $135,800. The APN we've located for 700 W 47th Ave is 45-08-33-203-024.000-004.

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Taxes
  • Assessed Value:  $135,800
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-33-203-024.000-004
  • Assessed Land Value:  11600
  • Market Land Value:  11600
  • Tax Amount:  2293.74
  • Tax Year:  2024
  • Market Value:  135800
  • Market Year:  2025

Tax History

700 W 47th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $135,800 Land Value $11,600 Improvement Value $124,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $91,900 Land Value $11,500 Improvement Value $80,400 Tax Amount $2,293.74 Change Rate -0.700285% Assessed CR Tax Rate +0.024959%
Year 2023 Assessed Value $86,800 Land Value $11,500 Improvement Value $75,300 Tax Amount $7,653.07 Change Rate +2.616387% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value $82,600 Land Value $7,700 Improvement Value $74,900 Tax Amount $2,116.22 Change Rate +0.086846% Assessed CR Tax Rate +0.02562%
Year 2021 Assessed Value $76,000 Land Value $7,700 Improvement Value $68,300 Tax Amount $1,947.12 Change Rate -0.019705% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $72,200 Land Value $7,700 Improvement Value $64,500 Tax Amount $1,986.26 Change Rate +0.277338% Assessed CR Tax Rate +0.027511%
Year 2019 Assessed Value $72,500 Land Value $7,800 Improvement Value $64,700 Tax Amount $1,555 Change Rate -0.099073% Assessed CR Tax Rate +0.021448%
Year 2018 Assessed Value $76,400 Land Value $8,000 Improvement Value $68,400 Tax Amount $1,726 Change Rate -0.003211% Assessed CR Tax Rate +0.022592%
Year 2017 Assessed Value $80,100 Land Value $8,000 Improvement Value $72,100 Tax Amount $1,731.56 Change Rate -0.042512% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $83,700 Land Value $8,000 Improvement Value $75,700 Tax Amount $1,808.44 Change Rate Assessed CR Tax Rate +0.021606%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,808.44 Change Rate -0.119878% Assessed CR Tax Rate
Year 2014 Assessed Value $87,800 Land Value $9,400 Improvement Value $78,400 Tax Amount $2,054.76 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $87,700 Land Value $9,400 Improvement Value $78,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $938.16 Change Rate Assessed CR Tax Rate