Taxes
- Assessed Value: $56,800
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-29-279-021.000-001
- Assessed Land Value: 5300
- Market Land Value: 5300
- Tax Amount: 660.6
- Tax Year: 2024
- Market Value: 56800
- Market Year: 2025
1626 W 40th Ave; Gary, IN Property Details
Off market
1626 W 40th Ave Gary, IN 46408
$56,800 Estimated Value
2 Beds
1 Baths
1,248 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1946
- Est. Equity / %: $140,000 / 100%
- Gross Yield: 5.657%
- APN: 45-08-29-279-021.000-001
- Situs County: Lake
- Length Of Ownership: 7 years, 4 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 2
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Fair
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: None
- Water Source: Municipal
Measurements
- Total: 1,248/SqFt
- Lot: 6,447/SqFt
- Gross: 1,248/SqFt
- Garage: 528/SqFt
- Living: 1,248/SqFt
- Building: 1,248/SqFt
- Ground: 624/SqFt
Legal Description
- Description: ADDITION TO GRANT TERRACE L.29
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Lake Ridge Schools
- Lat / Lon: 41.54595 / -87.35671
- Subdivision: Addition To Grant Terrace
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2404
- Bathroom Fixtures: 5
- Cooling: None
- Garage: Detached Garage
- Heating: Central
- Parking: 2
Ownership Info
1626 W 40th Ave has no associated ownership info
1626 W 40th Ave has no associated ownership info.
Taxes
1626 W 40th Ave has 10 associated Taxes items
1626 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 $56,800. The APN we've located for 1626 W 40th Ave is 45-08-29-279-021.000-001.
Unlock the full reportTax History
1626 W 40th Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $56,800 | Land Value $5,300 | Improvement Value $51,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $29,000 | Land Value $4,500 | Improvement Value $24,500 | Tax Amount $660.6 | Change Rate -0.461548% | Assessed CR | Tax Rate +0.022779% |
| Year 2023 | Assessed Value $28,800 | Land Value $4,500 | Improvement Value $24,300 | Tax Amount $1,226.85 | Change Rate +1.263561% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $542 | Change Rate +0.084% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $25,000 | Land Value $3,900 | Improvement Value $21,100 | Tax Amount $500 | Change Rate -0.518675% | Assessed CR | Tax Rate +0.02% |
| Year 2020 | Assessed Value $25,500 | Land Value $3,900 | Improvement Value $21,600 | Tax Amount $1,038.8 | Change Rate | Assessed CR | Tax Rate +0.040737% |
| Year 2019 | Assessed Value $25,500 | Land Value $3,900 | Improvement Value $21,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2018 | Assessed Value $25,500 | Land Value $3,900 | Improvement Value $21,600 | Tax Amount $177.66 | Change Rate | Assessed CR | Tax Rate +0.006967% |
| Year 2017 | Assessed Value $26,000 | Land Value $3,900 | Improvement Value $22,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $26,100 | Land Value $3,900 | Improvement Value $22,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $27,200 | Land Value $4,800 | Improvement Value $22,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $26,900 | Land Value $4,800 | Improvement Value $22,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |