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840 E 48th Pl; Gary, IN Property Details

840 E 48th Pl, Gary, IN is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 840 E 48th Pl has 3 bedrooms, and 1.5 bathrooms, and a total of 2,528 square feet. The lot size of 840 E 48th Pl is 7,797 square feet.

Off market
840 E 48th Pl Gary, IN 46409
$72,500 Estimated Value
3 Beds
1.5 Baths
2,528 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Purchase Price: $70,800
  • Open Loans / Balance: 1 / $41,587
  • Est. Equity / %: $99,413 / 70.51%
  • Gross Yield: 4.332%
  • APN: 45-08-34-251-040.000-004
  • Situs County: Lake
  • Length Of Ownership: 18 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 3
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,528/SqFt
  • Lot: 7,797/SqFt
  • Gross: 2,968/SqFt
  • Garage: 440/SqFt
  • Living: 2,528/SqFt
  • Building: 2,968/SqFt
  • Ground: 1,264/SqFt
  • Price Per Square Foot: $28.01

Legal Description

  • Description: FAIRVIEW LOT 16
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: 41.530426 / -87.32563
  • Subdivision: Fairview
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2610
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

840 E 48th Pl has no associated ownership info
840 E 48th Pl has no associated ownership info.

Taxes

840 E 48th Pl has 10 associated Taxes items

840 E 48th Pl, 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 $72,500. The APN we've located for 840 E 48th Pl is 45-08-34-251-040.000-004.

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Taxes
  • Assessed Value:  $72,500
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-34-251-040.000-004
  • Assessed Land Value:  8200
  • Market Land Value:  8200
  • Tax Amount:  551.7
  • Tax Year:  2024
  • Market Value:  72500
  • Market Year:  2025

Tax History

840 E 48th Pl has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $72,500 Land Value $8,200 Improvement Value $64,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $551.7 Change Rate -0.842385% Assessed CR Tax Rate
Year 2023 Assessed Value $39,700 Land Value $8,700 Improvement Value $31,000 Tax Amount $3,500.31 Change Rate +7.203595% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $426.68 Change Rate +0.110336% Assessed CR Tax Rate
Year 2021 Assessed Value $35,000 Land Value $6,000 Improvement Value $29,000 Tax Amount $384.28 Change Rate -0.285034% Assessed CR Tax Rate +0.010979%
Year 2020 Assessed Value $35,000 Land Value $6,000 Improvement Value $29,000 Tax Amount $537.48 Change Rate +0.1944% Assessed CR Tax Rate +0.015357%
Year 2019 Assessed Value $34,500 Land Value $5,900 Improvement Value $28,600 Tax Amount $450 Change Rate -0.095477% Assessed CR Tax Rate +0.013043%
Year 2018 Assessed Value $38,400 Land Value $6,600 Improvement Value $31,800 Tax Amount $497.5 Change Rate -0.111512% Assessed CR Tax Rate +0.012956%
Year 2017 Assessed Value $54,200 Land Value $6,600 Improvement Value $47,600 Tax Amount $559.94 Change Rate -0.082787% Assessed CR Tax Rate +0.010331%
Year 2016 Assessed Value $56,400 Land Value $6,600 Improvement Value $49,800 Tax Amount $610.48 Change Rate Assessed CR Tax Rate +0.010824%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $610.48 Change Rate -0.179573% Assessed CR Tax Rate
Year 2014 Assessed Value $69,300 Land Value $8,200 Improvement Value $61,100 Tax Amount $744.1 Change Rate Assessed CR Tax Rate +0.010737%
Year 2013 Assessed Value $67,400 Land Value $8,200 Improvement Value $59,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $709.88 Change Rate Assessed CR Tax Rate