540 S Lake St, Gary, IN 46403 Property Records

Lake County property record for 540 S Lake St, Gary, IN 46403

Property Summary

Property TypeExempt (Full or Partial)
Details12,370 sqft · built 2017
Lot Size0.26 acres (11,326 sqft)
OwnerCompany Name on File
Flood ZoneZone X (minimal risk)
APN001-25-41-0083-0005

Property Details

APN / Parcel Number

Primary APN001-25-41-0083-0005
Alternative APNs
  • 45-09-06-402-025.000-004
  • 254100830005

Interior

Stories1 Story
Building Area12,370 sqft Gross Area
1st Floor Area12,370 sqft

Exterior

Year BuiltBuilt 2017
Effective Year BuiltEffective 2017
Exterior MaterialConcrete Block
Construction TypeConcrete Block
Fire ResistanceMasonry Walls, Wood Interior
Lot Area11,326 sqft (0.26 acres)
View / LotAlley

Utilities, Heating & Cooling

Heating FuelGas
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address540 S LAKE ST
CityGARY
StateIN
Zip46403-2473
Property CategoryOther
Property TypeOther > Exempt (Full or Partial)
Legal DescriptionCHAS. F. BLANKS RESUB. BLK.13 S. 9FT. L.4 BL.2 ALL L.5,6 & 7 BL.2
Legal SubdivisionCHAS. F. BLANKS RESUB
Legal Block13
Legal Lot Number4
JurisdictionLAKE IN
Township / Civil DivisionCALUMET
Census Block Group2
Census Block2018
Census Tract10206

Owner

540 S Lake St is owned by a company that acquired it in March 2012.

Source: Lake County records, as of December 29, 2025

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on File
Mailing AddressPO BOX 2405, GARY, IN 46403-0405
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 23, 2012
Deed SaleMar 23, 2012
Deed Document Number201220608
Prior Transfer DateDec 29, 2011
Prior Transfer Doc2012004436
Record UpdatedJun 8, 2026

Tax Assessment & Valuation

Source: Lake County assessment roll, as of December 29, 2025

Property Jurisdictions

TypeName
StateIndiana
CountyLake County
County SubdivisionCalumet Township
MunicipalityGary City
Unified School DistrictGary Community School Corporation (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$801,900 Land $23,100 Building $778,800$801,900 Land $23,100 Building $778,800
2023$678,800 (-3.7%) Land $23,100 Building $655,700$678,800 (-3.7%) Land $23,100 Building $655,700
2022Additional exemption filed$704,900 Land $23,100 Building $681,800$704,900 Land $23,100 Building $681,800

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 540 S Lake St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective October 16, 2024

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 540 S Lake St is low, with a 0.02% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · above 73% of Indiana
Wildfire Likelihood0.02% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemINDIANA AMERICAN WATER - NORTHWEST
private · serves 210,510 people · EPA ID IN5245015
Water SourceSurface water
Last State InspectionJun 2025
Lead3 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 279 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL in parts of the area
5,000 / 5,000
Xfinity
Cable
2,000 / 250

Nearby Properties on S Lake St

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