Taxes
- Assessed Value: $16,300
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-09-301-064.000-004
- Assessed Land Value: 9700
- Market Land Value: 9700
- Tax Amount: 1914.96
- Tax Year: 2024
- Market Value: 16300
- Market Year: 2025
1240 W 16th Ave; Gary, IN Property Details
Off market
1240 W 16th Ave Gary, IN 46407
$16,300 Estimated Value
3 Beds
1,920 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1922
- Purchase Price: $800
- Est. Equity / %: $180,000 / 100%
- APN: 45-08-09-301-064.000-004
- Situs County: Lake
- Length Of Ownership: 4 months
Rooms
- Bedrooms: 3
- Total Rooms: 7
Structure
- Building Style: Brick
- Stories: 1.5
- Building Condition: Unsound
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,920/SqFt
- Lot: 10,367/SqFt
- Gross: 2,880/SqFt
- Garage: 320/SqFt
- Living: 1,920/SqFt
- Basement: 960/SqFt
- Building: 2,880/SqFt
- Ground: 1,920/SqFt
- Price Per Square Foot: $0.42
Legal Description
- Description: 3RD GRANT PARK ADD. ALL LOTS 24, 25 & 26
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: 41.58709 / -87.35266
- Subdivision: 3rd Grant Park Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1022
- Bathroom Fixtures: 1
- Garage: Detached Garage
- Heating: Central
- Parking: 1
Ownership Info
1240 W 16th Ave has no associated ownership info
1240 W 16th Ave has no associated ownership info.
Taxes
1240 W 16th Ave has 10 associated Taxes items
1240 W 16th 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 $16,300. The APN we've located for 1240 W 16th Ave is 45-08-09-301-064.000-004.
Unlock the full reportTax History
1240 W 16th 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 $16,300 | Land Value $9,700 | Improvement Value $6,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,914.96 | Change Rate +0.213359% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $17,900 | Land Value $12,200 | Improvement Value $5,700 | Tax Amount $1,578.23 | Change Rate +8.426771% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $167.42 | Change Rate +0.000119% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $4,700 | Land Value $4,700 | Improvement Value | Tax Amount $167.4 | Change Rate -0.595769% | Assessed CR | Tax Rate +0.035617% |
| Year 2020 | Assessed Value $4,700 | Land Value $4,700 | Improvement Value | Tax Amount $414.12 | Change Rate -0.590386% | Assessed CR | Tax Rate +0.088111% |
| Year 2019 | Assessed Value $4,700 | Land Value $4,700 | Improvement Value | Tax Amount $1,011 | Change Rate -0.060653% | Assessed CR | Tax Rate +0.215106% |
| Year 2018 | Assessed Value $14,200 | Land Value $4,700 | Improvement Value $9,500 | Tax Amount $1,076.28 | Change Rate +2.399065% | Assessed CR | Tax Rate +0.075794% |
| Year 2017 | Assessed Value $14,600 | Land Value $4,700 | Improvement Value $9,900 | Tax Amount $316.64 | Change Rate -0.583785% | Assessed CR | Tax Rate +0.021688% |
| Year 2016 | Assessed Value $15,000 | Land Value $4,700 | Improvement Value $10,300 | Tax Amount $760.76 | Change Rate | Assessed CR | Tax Rate +0.050717% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $760.76 | Change Rate -0.182207% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $40,100 | Land Value $5,700 | Improvement Value $34,400 | Tax Amount $930.26 | Change Rate | Assessed CR | Tax Rate +0.023199% |
| Year 2013 | Assessed Value $38,600 | Land Value $5,600 | Improvement Value $33,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $861.94 | Change Rate | Assessed CR | Tax Rate |