Taxes
- Assessed Value: $69,100
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-28-159-016.000-004
- Assessed Land Value: 6600
- Market Land Value: 6600
- Tax Amount: 1088.44
- Tax Year: 2024
- Market Value: 69100
- Market Year: 2025
1201 W 40th Ave; Gary, IN Property Details
Off market
1201 W 40th Ave Gary, IN 46408
$69,100 Estimated Value
3 Beds
1 Baths
1,950 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1960
- Est. Equity / %: $130,000 / 100%
- Gross Yield: 5.695%
- APN: 45-08-28-159-016.000-004
- Situs County: Lake
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: 1,950/SqFt
- Lot: 5,009/SqFt
- Gross: 2,925/SqFt
- Garage: 440/SqFt
- Living: 1,950/SqFt
- Basement: 975/SqFt
- Building: 2,925/SqFt
- Ground: 975/SqFt
Legal Description
- Description: 1ST SUB. OAKINGTON PARK N.40FT. L.1 BL.4
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: 41.5458 / -87.35123
- Subdivision: 1st Sub. Oakington Park
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2128
- Bathroom Fixtures: 5
- Cooling: Central
- Garage: Detached Garage
- Heating: Central
- Parking: 2
Ownership Info
1201 W 40th Ave has no associated ownership info
1201 W 40th Ave has no associated ownership info.
Taxes
1201 W 40th Ave has 10 associated Taxes items
1201 W 40th 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 $69,100. The APN we've located for 1201 W 40th Ave is 45-08-28-159-016.000-004.
Unlock the full reportTax History
1201 W 40th Ave has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $69,100 | Land Value $6,600 | Improvement Value $62,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $42,100 | Land Value $6,500 | Improvement Value $35,600 | Tax Amount $1,088.44 | Change Rate -0.683463% | Assessed CR | Tax Rate +0.025854% |
| Year 2023 | Assessed Value $39,000 | Land Value $6,500 | Improvement Value $32,500 | Tax Amount $3,438.59 | Change Rate +3.104407% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $837.78 | Change Rate +1.5355% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $30,300 | Land Value $2,400 | Improvement Value $27,900 | Tax Amount $330.42 | Change Rate -0.277455% | Assessed CR | Tax Rate +0.010905% |
| Year 2020 | Assessed Value $31,500 | Land Value $2,400 | Improvement Value $29,100 | Tax Amount $457.3 | Change Rate -0.077094% | Assessed CR | Tax Rate +0.014517% |
| Year 2019 | Assessed Value $35,900 | Land Value $2,700 | Improvement Value $33,200 | Tax Amount $495.5 | Change Rate -0.00402% | Assessed CR | Tax Rate +0.013802% |
| Year 2018 | Assessed Value $38,400 | Land Value $2,900 | Improvement Value $35,500 | Tax Amount $497.5 | Change Rate +0.081757% | Assessed CR | Tax Rate +0.012956% |
| Year 2017 | Assessed Value $38,700 | Land Value $2,900 | Improvement Value $35,800 | Tax Amount $459.9 | Change Rate +0.005378% | Assessed CR | Tax Rate +0.011884% |
| Year 2016 | Assessed Value $43,100 | Land Value $2,900 | Improvement Value $40,200 | Tax Amount $457.44 | Change Rate | Assessed CR | Tax Rate +0.010613% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $457.44 | Change Rate +0.019797% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $43,700 | Land Value $3,700 | Improvement Value $40,000 | Tax Amount $448.56 | Change Rate | Assessed CR | Tax Rate +0.010265% |
| Year 2013 | Assessed Value $42,900 | Land Value $3,700 | Improvement Value $39,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $429.66 | Change Rate | Assessed CR | Tax Rate |