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Single Family ResidenceResidential
$138,913$70 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 62How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

2040 W 50TH PL

GARY, IN 46408
3
Beds
2 / 1
Baths
1,986 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1963
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
3
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$139K
$87K low$191K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,310 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$147,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$17,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$130,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$121,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$147,500

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLake
Lot (acres)The size of the land the home sits on, from county records.0.23
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(2)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Lake Ridge New Tech Middle SchoolD-
Middle · Grades 5–8 · 1.5 mi
E
Longfellow New Tech Elementary SchoolF
Elementary · Grades KG–4 · 2.5 mi
H
Calumet New Tech High School
High · Grades 9–12 · 2.8 mi

District: Lake Ridge Schools

Neighborhood · ZIP 46408These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.152
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.39

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.82%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.1%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.25%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.15,433
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,581 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$45,667
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$57,120
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

2040 W 50th Pl measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 79% of homes in Lake County
  • Costs less per square foot than 88% of homes in Lake County
  • Bigger than 78% of homes in Gary 46408
  • Has a bigger lot than 68% of homes in Gary 46408
  • Newer than 94% of homes in Gary 46408

What homes are worth in Gary 46408

Each bar is how many homes fall in that price range. The marker is this home.

This home
$25K$243K

This home is worth more than 70% of homes in Gary 46408.

How it measures up in Gary 46408

The dot is this home. The mark in the middle is the typical home in Gary 46408.

Estimated value$138,913
CheaperTypical $107,637Pricier

Pricier than 70% of homes nearby

Price per ft²$70
CheaperTypical $79Pricier

Pricier than 41% of homes nearby

Living area1,986 ft²
SmallerTypical 1,392 ft²Bigger

Bigger than 78% of homes nearby

Lot size0.23 ac
SmallerTypical 0.14 acBigger

Bigger than 68% of homes nearby

Year built1963
OlderTypical 1948Newer

Newer than 94% of homes nearby

How 2040 W 50th Pl ranks against every home in each area.
MeasureThis homeGary 46408Lake County
Estimated valuepricier than$138,91370% of homes21% of homes
Price per ft²pricier than$7041% of homes12% of homes
Living areabigger than1,986 ft²78% of homes62% of homes
Lot sizebigger than0.23 ac68% of homes59% of homes
Year builtnewer than196394% of homes51% of homes

About 2040 W 50th Pl

How much is 2040 W 50th Pl, Gary, IN worth?

The TopHap Estimate for 2040 W 50th Pl, Gary, IN is $138,913 as of Sep 24, 2026. The likely range is $86,794 to $191,032. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2040 W 50th Pl, Gary, IN last sell?

2040 W 50th Pl, Gary, IN last sold on Jun 3, 2013, according to the county's recorded deed.

How big is 2040 W 50th Pl, Gary, IN?

2040 W 50th Pl, Gary, IN has 3 bedrooms, 2 bathrooms, 1,986 square feet of living space and a 0.23-acre lot.

When was 2040 W 50th Pl, Gary, IN built?

2040 W 50th Pl, Gary, IN was built in 1963, making it 63 years old. The building has 2 stories.

What schools serve 2040 W 50th Pl, Gary, IN?

2040 W 50th Pl, Gary, IN is assigned to Lake Ridge New Tech Middle School (middle), rated D-; Longfellow New Tech Elementary School (elementary), rated F; Calumet New Tech High School (high). All sit in Lake Ridge Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2040 W 50th Pl, Gary, IN compare to other homes in Gary 46408?

Among the 6,266 homes in Gary 46408, it is worth more than 70% of them ($138,913 against a typical $107,637), its price per square foot is higher than 41% of them ($70 against a typical $79), it is bigger than 78% of them (1,986 ft² against a typical 1,392 ft²), its lot is bigger than 68% of them (0.23 ac against a typical 0.14 ac) and it is newer than 94% of them (1963 against a typical 1948). Measured against all of Lake County, it is worth more than 21% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 2040 W 50th Pl, Gary, IN?

The 2024 property tax bill for 2040 W 50th Pl, Gary, IN was $1,310. The county assessed it at $147,500.

More homes on W 50th Pl

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