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116 W 41st Ave; Gary, IN Property Details

116 W 41st Ave, Gary, IN is a Single Family that was built in 1925. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 116 W 41st Ave has 3 bedrooms, and 1 bathroom, and a total of 2,154 square feet. The lot size of 116 W 41st Ave is 4,138 square feet.

Off market
116 W 41st Ave Gary, IN 46408
$71,500 Estimated Value
3 Beds
1 Baths
2,154 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1925
  • Purchase Price: $300
  • Est. Equity / %: $176,000 / 100%
  • Gross Yield: 5.332%
  • APN: 45-08-28-286-011.000-004
  • Situs County: Lake
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 2,154/SqFt
  • Lot: 4,138/SqFt
  • Gross: 3,231/SqFt
  • Garage: 240/SqFt
  • Living: 2,154/SqFt
  • Basement: 1,077/SqFt
  • Building: 3,231/SqFt
  • Ground: 1,077/SqFt
  • Price Per Square Foot: $0.14

Legal Description

  • Description: GEO. & WM. EARLES 2ND. GLEN PK. ADD. ALL LT. 26 & E.8.34FT. OF LOT 27 BLK.14
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: 41.544285 / -87.33812
  • Subdivision: Geo. & Wm. Earles 2nd. Glen Pk. Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2805
  • Bathroom Fixtures: 5
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

116 W 41st Ave has no associated ownership info
116 W 41st Ave has no associated ownership info.

Taxes

116 W 41st Ave has 10 associated Taxes items

116 W 41st 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 $71,500. The APN we've located for 116 W 41st Ave is 45-08-28-286-011.000-004.

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Taxes
  • Assessed Value:  $71,500
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-28-286-011.000-004
  • Assessed Land Value:  5700
  • Market Land Value:  5700
  • Tax Amount:  105
  • Tax Year:  2024
  • Market Value:  71500
  • Market Year:  2025

Tax History

116 W 41st Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $71,500 Land Value $5,700 Improvement Value $65,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $43,200 Land Value $5,400 Improvement Value $37,800 Tax Amount $105 Change Rate -0.970376% Assessed CR Tax Rate +0.002431%
Year 2023 Assessed Value $40,200 Land Value $5,400 Improvement Value $34,800 Tax Amount $3,544.39 Change Rate +3.093018% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $865.96 Change Rate +0.083344% Assessed CR Tax Rate
Year 2021 Assessed Value $31,200 Land Value $2,000 Improvement Value $29,200 Tax Amount $799.34 Change Rate -0.677152% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $28,100 Land Value $2,000 Improvement Value $26,100 Tax Amount $2,475.9 Change Rate +2.323356% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $32,000 Land Value $2,200 Improvement Value $29,800 Tax Amount $745 Change Rate -0.10308% Assessed CR Tax Rate +0.023281%
Year 2018 Assessed Value $34,200 Land Value $2,400 Improvement Value $31,800 Tax Amount $830.62 Change Rate +0.110484% Assessed CR Tax Rate +0.024287%
Year 2017 Assessed Value $34,600 Land Value $2,400 Improvement Value $32,200 Tax Amount $747.98 Change Rate +0.022697% Assessed CR Tax Rate +0.021618%
Year 2016 Assessed Value $33,700 Land Value $2,400 Improvement Value $31,300 Tax Amount $731.38 Change Rate Assessed CR Tax Rate +0.021703%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $731.38 Change Rate -0.091521% Assessed CR Tax Rate
Year 2014 Assessed Value $34,400 Land Value $3,100 Improvement Value $31,300 Tax Amount $805.06 Change Rate Assessed CR Tax Rate +0.023403%
Year 2013 Assessed Value $33,800 Land Value $3,100 Improvement Value $30,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $759.5 Change Rate Assessed CR Tax Rate