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1627 W 40th Ave; Gary, IN Property Details

1627 W 40th Ave, Gary, IN is a Recreational Vacant Land that was built in 1946. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 1627 W 40th Ave has 2 bedrooms, and a total of 1,041 square feet. The lot size of 1627 W 40th Ave is 6,447 square feet.

Off market
1627 W 40th Ave Gary, IN 46408
$6,000 Listing Price
2 Beds
1,041 SqFt
Property 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.

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Taxes
  • 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

Tax History

1627 W 40th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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