Lake County property record for 540 S Hancock St, Gary, IN 46403
| Property Type | Single Family Home |
|---|---|
| Details | 2 bd · 1 ba · 1,242 sqft · built 1954 |
| Lot Size | 0.214 acres (9,365 sqft) |
| Owner | Trust Name on File |
| Tax Bill | $3,179 (2024) |
| Deeds & Mortgages | Sep 2023 Foreclosure |
| Flood Zone | Zone X (minimal risk) |
| APN | 001-25-41-0052-0031 |
| Primary APN | 001-25-41-0052-0031 |
|---|---|
| Alternative APNs |
|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 1 Bath |
| Plumbing Fixtures | 5 Plumbing Fixtures |
| Total Rooms | 5 Rooms |
| Stories | 1 Story |
| Building Area | 1,242 sqft Living Area |
| Basement Area | 1,242 sqft |
| Year Built | Built 1954 |
|---|---|
| Construction Type | Brick |
| Roof Material | Asphalt |
| Lot Area | 9,365 sqft (0.214 acres) |
| Lot Dimensions | 125 ft deep x 75 ft wide |
| Terrain | Rolling |
| Garage Type | Attached |
| Garage Area | 480 sqft |
| Parking Spaces | 2 Parking Spaces |
| Heating System | Central |
|---|---|
| Sewer | Connected |
| Account Number | 001-25-41-0052-0031 |
|---|---|
| Old Parcel Number | 254100520031 |
| Street Address | 540 S HANCOCK ST |
| City | GARY |
| State | IN |
| Zip | 46403-2403 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | J. A. ANSBRO'S 1ST ADD. ALL L.38, 39 & 40 BL.1 |
| Legal Subdivision | J H ANSBROS FIRST ADDITION TO MILLER |
| Legal Block | 1 |
| Legal Lot Number | 1 |
| Jurisdiction | LAKE IN |
| Township / Civil Division | CALUMET |
| Census Block Group | 1 |
| Census Block | 1027 |
| Census Tract | 10206 |
540 S Hancock St is held in a trust since September 2023.
Source: Lake County records, as of March 18, 2026
| Owner of Record | Trust Name on File |
|---|---|
| Mailing Address | 3715 WASHINGTON ST, GARY, IN 46408-2204 |
| Owner Type | Company |
| Vesting | Trust |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Oct 11, 2005 |
| Deed Sale | Oct 11, 2005 |
| Prior Sale | Oct 11, 2005 |
| Deed Document Number | 2005088765 |
| Last Transfer Date | Sep 20, 2023 |
| Transfer Doc | 0000027250 |
| Record Updated | Jun 8, 2026 |
| Document Type | Sheriff's Deed |
|---|---|
| Jurisdiction | LAKE IN |
| Recording Date | Sep 20, 2023 |
| Property Address | 540 S HANCOCK ST, GARY, IN 46403-2403 |
| Document Number | 0000027250 |
| Map Reference | MB 13 PG 6 |
| Instrument Date | Jul 11, 2023 |
| Instrument | 2023-027250 |
| Transaction Type | Foreclosure |
| Record Updated | Oct 2, 2023 |
| Amount | Amount on Record |
|---|---|
| Tax | $0.00 |
| Amount Accuracy | Full Amount Stated |
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 3715 WASHINGTON STREET, DAYTON, OH 45408 |
Source: Lake County assessment roll, as of July 1, 2025
| Type | Name |
|---|---|
| State | Indiana |
| County | Lake County |
| County Subdivision | Calumet Township |
| Municipality | Gary City |
| Unified School District | Gary Community School Corporation (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $130,500 Land $15,500 Building $115,000 | $130,500 Land $15,500 Building $115,000 | |
| 2024 | $3,179.00 | ||
| 2023 | $123,700 (+33.3%) Land $15,900 Building $107,800 | $123,700 (+33.3%) Land $15,900 Building $107,800 | |
| 2022 | $2,377.00 (-70.07%) | $92,800 Land $9,400 Building $83,400 | $92,800 Land $9,400 Building $83,400 |
| 2021 | $7,941.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 540 S Hancock St in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective October 16, 2024
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Wildfire risk around 540 S Hancock St is low, with a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · above 73% of Indiana |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | Indirect within ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | INDIANA AMERICAN WATER - NORTHWEST private · serves 210,510 people · EPA ID IN5245015 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Jun 2025 |
| Lead | 3 ppb (2022–2024) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 279 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| AT&T Fiber · DSL in parts of the area | 5,000 / 5,000 |
| Xfinity Cable | 2,000 / 250 |
5G (outdoors only) and 4G LTE
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