- Assessed Value: $56,000
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-29-280-009.000-001
- Assessed Land Value: 5300
- Market Land Value: 5300
- Tax Amount: 306.2
- Tax Year: 2024
- Market Value: 56000
- Market Year: 2025
1633 W 40th Ave; Gary, IN Property Details
Off market
1633 W 40th Ave Gary, IN 46408
$7,200 Listing Price
3 Beds
1 Baths
1,920 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1946
- Open Loans / Balance: 1 / $53,727
- Est. Equity / %: $75,273 / 58.35%
- Gross Yield: 6.363%
- APN: 45-08-29-280-009.000-001
- Situs County: Lake
- Length Of Ownership: 9 years
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 6
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: None
- Water Source: Municipal
Measurements
- Total: 1,920/SqFt
- Lot: 6,447/SqFt
- Gross: 1,920/SqFt
- Garage: 960/SqFt
- Living: 1,920/SqFt
- Building: 1,920/SqFt
- Ground: 960/SqFt
Legal Description
- Description: ADDITION TO GRANT TERRACE L.11
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: 41.545433 / -87.35683
- Subdivision: Addition To Grant Terrace
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2403
- Bathroom Fixtures: 5
- Cooling: None
- Heating: Central
Ownership Info
1633 W 40th Ave has no associated ownership info
1633 W 40th Ave has no associated ownership info.
Taxes
1633 W 40th Ave has 10 associated Taxes items
1633 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 $56,000. The APN we've located for 1633 W 40th Ave is 45-08-29-280-009.000-001.
Unlock the full reportTaxes
Tax History
1633 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 $56,000 | Land Value $5,300 | Improvement Value $50,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $306.2 | Change Rate -0.723539% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $26,000 | Land Value $4,500 | Improvement Value $21,500 | Tax Amount $1,107.57 | Change Rate +3.360512% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $254 | Change Rate +0.097572% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $23,700 | Land Value $3,900 | Improvement Value $19,800 | Tax Amount $231.42 | Change Rate -0.078081% | Assessed CR | Tax Rate +0.009765% |
| Year 2020 | Assessed Value $23,700 | Land Value $3,900 | Improvement Value $19,800 | Tax Amount $251.02 | Change Rate -0.181385% | Assessed CR | Tax Rate +0.010592% |
| Year 2019 | Assessed Value $23,700 | Land Value $3,900 | Improvement Value $19,800 | Tax Amount $306.64 | Change Rate -0.05979% | Assessed CR | Tax Rate +0.012938% |
| Year 2018 | Assessed Value $23,700 | Land Value $3,900 | Improvement Value $19,800 | Tax Amount $326.14 | Change Rate | Assessed CR | Tax Rate +0.013761% |
| Year 2017 | Assessed Value $24,000 | Land Value $3,900 | Improvement Value $20,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $33,900 | Land Value $3,900 | Improvement Value $30,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $34,800 | Land Value $4,800 | Improvement Value $30,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $34,400 | Land Value $4,800 | Improvement Value $29,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |