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1212 W 40th Ave; Gary, IN Property Details

1212 W 40th Ave, Gary, IN is a Single Family that was built in 1953. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 1212 W 40th Ave has 2 bedrooms, and 1 bathroom, and a total of 1,900 square feet. The lot size of 1212 W 40th Ave is 5,009 square feet.

Off market
1212 W 40th Ave Gary, IN 46408
$24,000 Listing Price
2 Beds
1 Baths
1,900 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1953
  • Est. Equity / %: $85,000 / 100%
  • Gross Yield: 7.765%
  • APN: 45-08-28-155-021.000-004
  • Situs County: Lake
  • Length Of Ownership: 6 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,900/SqFt
  • Lot: 5,009/SqFt
  • Gross: 1,900/SqFt
  • Garage: 440/SqFt
  • Living: 1,900/SqFt
  • Basement: 950/SqFt
  • Building: 1,900/SqFt
  • Ground: 950/SqFt

Legal Description

  • Description: 1ST SUB. OAKINGTON PARK S. 1/3 40FT L.5 BL.1
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: 41.546085 / -87.35117
  • Subdivision: 1st Sub. Oakington Park
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2129
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1212 W 40th Ave has no associated ownership info
1212 W 40th Ave has no associated ownership info.

Taxes

1212 W 40th Ave has 10 associated Taxes items

1212 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 $55,600. The APN we've located for 1212 W 40th Ave is 45-08-28-155-021.000-004.

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Taxes
  • Assessed Value:  $55,600
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-28-155-021.000-004
  • Assessed Land Value:  6600
  • Market Land Value:  6600
  • Tax Amount:  1002.92
  • Tax Year:  2024
  • Market Value:  55600
  • Market Year:  2025

Tax History

1212 W 40th Ave has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $55,600 Land Value $6,600 Improvement Value $49,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $32,600 Land Value $6,500 Improvement Value $26,100 Tax Amount $1,002.92 Change Rate -0.668368% Assessed CR Tax Rate +0.030764%
Year 2023 Assessed Value $34,300 Land Value $6,500 Improvement Value $27,800 Tax Amount $3,024.2 Change Rate +3.339753% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $696.86 Change Rate +0.083662% Assessed CR Tax Rate
Year 2021 Assessed Value $25,100 Land Value $2,400 Improvement Value $22,700 Tax Amount $643.06 Change Rate -0.694627% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $23,900 Land Value $2,400 Improvement Value $21,500 Tax Amount $2,105.82 Change Rate +2.234747% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $27,300 Land Value $2,700 Improvement Value $24,600 Tax Amount $651 Change Rate -0.101499% Assessed CR Tax Rate +0.023846%
Year 2018 Assessed Value $29,200 Land Value $2,900 Improvement Value $26,300 Tax Amount $724.54 Change Rate Assessed CR Tax Rate +0.024813%
Year 2017 Assessed Value $29,600 Land Value $2,900 Improvement Value $26,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $38,800 Land Value $2,900 Improvement Value $35,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $39,400 Land Value $3,700 Improvement Value $35,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $40,300 Land Value $3,700 Improvement Value $36,600 Tax Amount Change Rate Assessed CR Tax Rate
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