- Assessed Value: $2,200
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-29-280-010.000-001
- Assessed Land Value: 2200
- Market Land Value: 2200
- Tax Amount: 213.86
- Tax Year: 2024
- Market Value: 2200
- Market Year: 2025
1627 W 40th Ave; Gary, IN Property Details
Off market
1627 W 40th Ave Gary, IN 46408
$6,000 Listing Price
2 Beds
1,041 SqFt
Property Type
Recreational Vacant LandProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1946
- Purchase Price: $500
- APN: 45-08-29-280-010.000-001
- Situs County: Lake
- Length Of Ownership: 5 years, 4 months
Rooms
- Bedrooms: 2
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Building Style: Wood
- Stories: 1
- Building Condition: Poor
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: None
- Water Source: Municipal
Measurements
- Total: 1,041/SqFt
- Lot: 6,447/SqFt
- Living: 1,041/SqFt
- Building: 1,041/SqFt
- Ground: 1,041/SqFt
- Price Per Square Foot: $0.48
Legal Description
- Description: ADDITION TO GRANT TERRACE L.10
Building Insights
Land Information
- Property Type: Recreational Vacant Land
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Lake Ridge Schools
- Lat / Lon: 41.545433 / -87.35668
- Subdivision: Addition To Grant Terrace
- Property Class: Vacant
- County Use Code: 500
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2403
- Bathroom Fixtures: 5
- Heating: Central
Ownership Info
1627 W 40th Ave has no associated ownership info
1627 W 40th Ave has no associated ownership info.
Taxes
1627 W 40th Ave has 10 associated Taxes items
1627 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 $2,200. The APN we've located for 1627 W 40th Ave is 45-08-29-280-010.000-001.
Unlock the full reportTaxes
Tax History
1627 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 $2,200 | Land Value $2,200 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $213.86 | Change Rate +0.115597% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $4,500 | Land Value $4,500 | Improvement Value | Tax Amount $191.7 | Change Rate +0.638462% | Assessed CR | Tax Rate +0.0426% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $117 | Change Rate | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $3,900 | Land Value $3,900 | Improvement Value | Tax Amount $117 | Change Rate -0.263595% | Assessed CR | Tax Rate +0.03% |
| Year 2020 | Assessed Value $3,900 | Land Value $3,900 | Improvement Value | Tax Amount $158.88 | Change Rate -0.81968% | Assessed CR | Tax Rate +0.040738% |
| Year 2019 | Assessed Value $7,700 | Land Value $3,900 | Improvement Value $3,800 | Tax Amount $881.1 | Change Rate +0.120365% | Assessed CR | Tax Rate +0.114429% |
| Year 2018 | Assessed Value $7,700 | Land Value $3,900 | Improvement Value $3,800 | Tax Amount $786.44 | Change Rate +2.384284% | Assessed CR | Tax Rate +0.102135% |
| Year 2017 | Assessed Value $7,800 | Land Value $3,900 | Improvement Value $3,900 | Tax Amount $232.38 | Change Rate -0.70174% | Assessed CR | Tax Rate +0.029792% |
| Year 2016 | Assessed Value $25,400 | Land Value $3,900 | Improvement Value $21,500 | Tax Amount $779.12 | Change Rate | Assessed CR | Tax Rate +0.030674% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $779.12 | Change Rate +0.017234% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $26,100 | Land Value $4,800 | Improvement Value $21,300 | Tax Amount $765.92 | Change Rate | Assessed CR | Tax Rate +0.029346% |
| Year 2013 | Assessed Value $25,900 | Land Value $4,800 | Improvement Value $21,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $727.32 | Change Rate | Assessed CR | Tax Rate |