Taxes
- Assessed Value: $49,400
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-29-280-006.000-001
- Assessed Land Value: 5300
- Market Land Value: 5300
- Tax Amount: 578.6
- Tax Year: 2024
- Market Value: 49400
- Market Year: 2025
1651 W 40th Ave; Gary, IN Property Details
Off market
1651 W 40th Ave Gary, IN 46408
$49,400 Estimated Value
2 Beds
1 Baths
1,558 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1946
- Open Loans / Balance: 2 / $174,668
- Est. Equity / %: $-43,668 / -33.33%
- Gross Yield: 5.258%
- APN: 45-08-29-280-006.000-001
- Situs County: Lake
- Length Of Ownership: 6 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 2
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Fair
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: None
- Water Source: Municipal
Measurements
- Total: 1,558/SqFt
- Lot: 6,447/SqFt
- Gross: 1,558/SqFt
- Garage: 779/SqFt
- Living: 1,558/SqFt
- Building: 1,558/SqFt
- Ground: 779/SqFt
Legal Description
- Description: ADDITION TO GRANT TERRACE LOT 14
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: 41.545437 / -87.35727
- 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
1651 W 40th Ave has no associated ownership info
1651 W 40th Ave has no associated ownership info.
Taxes
1651 W 40th Ave has 10 associated Taxes items
1651 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 $49,400. The APN we've located for 1651 W 40th Ave is 45-08-29-280-006.000-001.
Unlock the full reportTax History
1651 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 $49,400 | Land Value $5,300 | Improvement Value $44,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $578.6 | Change Rate -0.450105% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $24,700 | Land Value $4,500 | Improvement Value $20,200 | Tax Amount $1,052.2 | Change Rate +1.160575% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $487 | Change Rate +0.07033% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $22,500 | Land Value $3,900 | Improvement Value $18,600 | Tax Amount $455 | Change Rate -0.503589% | Assessed CR | Tax Rate +0.020222% |
| Year 2020 | Assessed Value $22,500 | Land Value $3,900 | Improvement Value $18,600 | Tax Amount $916.58 | Change Rate +0.689237% | Assessed CR | Tax Rate +0.040737% |
| Year 2019 | Assessed Value $22,600 | Land Value $3,900 | Improvement Value $18,700 | Tax Amount $542.6 | Change Rate -0.263312% | Assessed CR | Tax Rate +0.024009% |
| Year 2018 | Assessed Value $22,600 | Land Value $3,900 | Improvement Value $18,700 | Tax Amount $736.54 | Change Rate +0.10211% | Assessed CR | Tax Rate +0.03259% |
| Year 2017 | Assessed Value $23,000 | Land Value $3,900 | Improvement Value $19,100 | Tax Amount $668.3 | Change Rate -0.14076% | Assessed CR | Tax Rate +0.029057% |
| Year 2016 | Assessed Value $25,300 | Land Value $3,900 | Improvement Value $21,400 | Tax Amount $777.78 | Change Rate | Assessed CR | Tax Rate +0.030742% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $777.78 | Change Rate +0.016812% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $26,100 | Land Value $4,800 | Improvement Value $21,300 | Tax Amount $764.92 | Change Rate | Assessed CR | Tax Rate +0.029307% |
| 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 $726.58 | Change Rate | Assessed CR | Tax Rate |