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1633 W 40th Ave; Gary, IN Property Details

1633 W 40th Ave, Gary, IN is a Single Family that was built in 1946. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 1633 W 40th Ave has 3 bedrooms, and 1 bathroom, and a total of 1,920 square feet. The lot size of 1633 W 40th Ave is 6,447 square feet.

Off market
1633 W 40th Ave Gary, IN 46408
$7,200 Listing Price
3 Beds
1 Baths
1,920 SqFt
Property 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.

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Taxes
  • 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

Tax History

1633 W 40th Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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