Taxes
- Assessed Value: $71,800
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-29-280-007.000-001
- Assessed Land Value: 5300
- Market Land Value: 5300
- Tax Amount: 1392.6
- Tax Year: 2024
- Market Value: 71800
- Market Year: 2025
1645 W 40th Ave; Gary, IN Property Details
Off market
1645 W 40th Ave Gary, IN 46408
$127,500 Listing Price
3 Beds
1 Baths
2,112 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1946
- Purchase Price: $143,400
- Open Loans / Balance: 2 / $229,500
- Est. Equity / %: $-86,500 / -60.49%
- Gross Yield: 7.359%
- APN: 45-08-29-280-007.000-001
- Situs County: Lake
- Length Of Ownership: 1 months
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: 2,112/SqFt
- Lot: 6,447/SqFt
- Gross: 2,112/SqFt
- Garage: 1,056/SqFt
- Living: 2,112/SqFt
- Building: 2,112/SqFt
- Ground: 1,056/SqFt
- Price Per Square Foot: $67.90
Legal Description
- Description: ADDITION TO GRANT TERRACE L.13
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: 41.545452 / -87.35713
- 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
1645 W 40th Ave has no associated ownership info
1645 W 40th Ave has no associated ownership info.
Taxes
1645 W 40th Ave has 10 associated Taxes items
1645 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 $71,800. The APN we've located for 1645 W 40th Ave is 45-08-29-280-007.000-001.
Unlock the full reportTax History
1645 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 $71,800 | Land Value $5,300 | Improvement Value $66,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,392.6 | Change Rate -0.500138% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $65,400 | Land Value $4,500 | Improvement Value $60,900 | Tax Amount $2,785.97 | Change Rate +3.754215% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value $29,300 | Land Value $3,900 | Improvement Value $25,400 | Tax Amount $586 | Change Rate +0.077206% | Assessed CR | Tax Rate +0.02% |
| Year 2021 | Assessed Value $27,200 | Land Value $3,900 | Improvement Value $23,300 | Tax Amount $544 | Change Rate -0.351748% | Assessed CR | Tax Rate +0.02% |
| Year 2020 | Assessed Value $20,600 | Land Value $3,900 | Improvement Value $16,700 | Tax Amount $839.18 | Change Rate +0.618851% | Assessed CR | Tax Rate +0.040737% |
| Year 2019 | Assessed Value $20,600 | Land Value $3,900 | Improvement Value $16,700 | Tax Amount $518.38 | Change Rate -0.430852% | Assessed CR | Tax Rate +0.025164% |
| Year 2018 | Assessed Value $27,900 | Land Value $3,900 | Improvement Value $24,000 | Tax Amount $910.8 | Change Rate +0.10811% | Assessed CR | Tax Rate +0.032645% |
| Year 2017 | Assessed Value $28,300 | Land Value $3,900 | Improvement Value $24,400 | Tax Amount $821.94 | Change Rate -0.141935% | Assessed CR | Tax Rate +0.029044% |
| Year 2016 | Assessed Value $31,400 | Land Value $3,900 | Improvement Value $27,500 | Tax Amount $957.9 | Change Rate | Assessed CR | Tax Rate +0.030506% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $957.9 | Change Rate +0.018349% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $32,100 | Land Value $4,800 | Improvement Value $27,300 | Tax Amount $940.64 | Change Rate | Assessed CR | Tax Rate +0.029303% |
| Year 2013 | Assessed Value $31,800 | Land Value $4,800 | Improvement Value $27,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $891.98 | Change Rate | Assessed CR | Tax Rate |