Taxes
- Assessed Value: $59,600
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-27-281-001.000-004
- Assessed Land Value: 3900
- Market Land Value: 3900
- Tax Amount: 1259.4
- Tax Year: 2024
- Market Value: 59600
- Market Year: 2025
1305 E 40th Ave; Gary, IN Property Details
For Rent
1305 E 40th Ave Gary, IN 46409
$4,500 Listing Price
3 Beds
1.5 Baths
2,100 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1956
- Open Loans / Balance: 1 / $32,736
- Est. Equity / %: $136,264 / 80.63%
- Gross Yield: 5.063%
- APN: 45-08-27-281-001.000-004
- Situs County: Lake
- Length Of Ownership: 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 6
- Partial Bathrooms: 1
Structure
- Building Style: Masonry
- Stories: 1
- Building Condition: Average
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 2,100/SqFt
- Lot: 6,882/SqFt
- Gross: 2,375/SqFt
- Garage: 275/SqFt
- Living: 2,100/SqFt
- Building: 2,375/SqFt
- Ground: 1,050/SqFt
Legal Description
- Description: WOODBURY PARK ADD. ALL LOT 25 & N. 20 FT. LOT 26 BL.2
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: 41.545532 / -87.32031
- Subdivision: Woodbury Park Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1829
- Bathroom Fixtures: 7
- Cooling: Central
- Garage: Attached Garage
- Heating: Central
- Parking: 1
Ownership Info
1305 E 40th Ave has no associated ownership info
1305 E 40th Ave has no associated ownership info.
Taxes
1305 E 40th Ave has 10 associated Taxes items
1305 E 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 $59,600. The APN we've located for 1305 E 40th Ave is 45-08-27-281-001.000-004.
Unlock the full reportTax History
1305 E 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 $59,600 | Land Value $3,900 | Improvement Value $55,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,259.4 | Change Rate -0.653302% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $41,200 | Land Value $9,500 | Improvement Value $31,700 | Tax Amount $3,632.56 | Change Rate +2.562521% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,019.66 | Change Rate +0.067014% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $37,300 | Land Value $9,600 | Improvement Value $27,700 | Tax Amount $955.62 | Change Rate -0.714585% | Assessed CR | Tax Rate +0.02562% |
| Year 2020 | Assessed Value $38,000 | Land Value $9,600 | Improvement Value $28,400 | Tax Amount $3,348.18 | Change Rate +2.44463% | Assessed CR | Tax Rate +0.08811% |
| Year 2019 | Assessed Value $41,700 | Land Value $10,500 | Improvement Value $31,200 | Tax Amount $972 | Change Rate -0.048253% | Assessed CR | Tax Rate +0.023309% |
| Year 2018 | Assessed Value $41,700 | Land Value $10,500 | Improvement Value $31,200 | Tax Amount $1,021.28 | Change Rate +0.119505% | Assessed CR | Tax Rate +0.024491% |
| Year 2017 | Assessed Value $42,200 | Land Value $10,500 | Improvement Value $31,700 | Tax Amount $912.26 | Change Rate -0.293938% | Assessed CR | Tax Rate +0.021618% |
| Year 2016 | Assessed Value $61,400 | Land Value $10,500 | Improvement Value $50,900 | Tax Amount $1,292.04 | Change Rate | Assessed CR | Tax Rate +0.021043% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,292.04 | Change Rate -0.093445% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $60,900 | Land Value $10,700 | Improvement Value $50,200 | Tax Amount $1,425.22 | Change Rate | Assessed CR | Tax Rate +0.023403% |
| Year 2013 | Assessed Value $58,300 | Land Value $10,700 | Improvement Value $47,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,310.04 | Change Rate | Assessed CR | Tax Rate |