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1632 W 40th Ave; Gary, IN Property Details

1632 W 40th Ave, Gary, IN is a Single Family that was built in 1946. This property is not for sale. Our records show that 1632 W 40th Ave has 3 bedrooms, and 1 bathroom, and a total of 2,160 square feet. The lot size of 1632 W 40th Ave is 6,447 square feet.

Off market
1632 W 40th Ave Gary, IN 46408
$64,900 Estimated Value
3 Beds
1 Baths
2,160 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1946
  • Est. Equity / %: $143,000 / 100%
  • Gross Yield: 6.655%
  • APN: 45-08-29-279-020.000-001
  • Situs County: Lake

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 3

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: C
  • Pool Type: Above ground pool
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Municipal

Measurements

  • Total: 2,160/SqFt
  • Lot: 6,447/SqFt
  • Gross: 2,160/SqFt
  • Garage: 600/SqFt
  • Living: 2,160/SqFt
  • Building: 2,160/SqFt
  • Ground: 1,080/SqFt

Legal Description

  • Description: ADDITION TO GRANT TERRACE L.28
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 / -87.35686
  • Subdivision: Addition To Grant Terrace
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 2404
  • Bathroom Fixtures: 5
  • Cooling: None
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1632 W 40th Ave has no associated ownership info
1632 W 40th Ave has no associated ownership info.

Taxes

1632 W 40th Ave has 10 associated Taxes items

1632 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 $64,900. The APN we've located for 1632 W 40th Ave is 45-08-29-279-020.000-001.

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Taxes
  • Assessed Value:  $64,900
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-29-279-020.000-001
  • Assessed Land Value:  5300
  • Market Land Value:  5300
  • Tax Amount:  382.06
  • Tax Year:  2024
  • Market Value:  64900
  • Market Year:  2025

Tax History

1632 W 40th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,900 Land Value $5,300 Improvement Value $59,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $35,400 Land Value $4,500 Improvement Value $30,900 Tax Amount $382.06 Change Rate -0.743016% Assessed CR Tax Rate +0.010793%
Year 2023 Assessed Value $34,900 Land Value $4,500 Improvement Value $30,400 Tax Amount $1,486.71 Change Rate +5.319971% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $235.24 Change Rate +0.163633% Assessed CR Tax Rate
Year 2021 Assessed Value $31,000 Land Value $3,900 Improvement Value $27,100 Tax Amount $202.16 Change Rate -0.098386% Assessed CR Tax Rate +0.006521%
Year 2020 Assessed Value $31,000 Land Value $3,900 Improvement Value $27,100 Tax Amount $224.22 Change Rate -0.197265% Assessed CR Tax Rate +0.007233%
Year 2019 Assessed Value $31,000 Land Value $3,900 Improvement Value $27,100 Tax Amount $279.32 Change Rate -0.068871% Assessed CR Tax Rate +0.00901%
Year 2018 Assessed Value $31,000 Land Value $3,900 Improvement Value $27,100 Tax Amount $299.98 Change Rate +0.202614% Assessed CR Tax Rate +0.009677%
Year 2017 Assessed Value $34,800 Land Value $3,900 Improvement Value $30,900 Tax Amount $249.44 Change Rate -0.026158% Assessed CR Tax Rate +0.007168%
Year 2016 Assessed Value $36,100 Land Value $3,900 Improvement Value $32,200 Tax Amount $256.14 Change Rate Assessed CR Tax Rate +0.007095%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $256.14 Change Rate +0.058517% Assessed CR Tax Rate
Year 2014 Assessed Value $36,700 Land Value $4,800 Improvement Value $31,900 Tax Amount $241.98 Change Rate Assessed CR Tax Rate +0.006593%
Year 2013 Assessed Value $36,400 Land Value $4,800 Improvement Value $31,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $224.34 Change Rate Assessed CR Tax Rate