Taxes
- Assessed Value: $51,100
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-29-279-016.000-001
- Assessed Land Value: 5300
- Market Land Value: 5300
- Tax Amount: 336.5
- Tax Year: 2024
- Market Value: 51100
- Market Year: 2025
1656 W 40th Ave; Gary, IN Property Details
Off market
1656 W 40th Ave Gary, IN 46408
$51,100 Estimated Value
2 Beds
1 Baths
1,152 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1946
- Est. Equity / %: $145,000 / 100%
- Gross Yield: 4.908%
- APN: 45-08-29-279-016.000-001
- Situs County: Lake
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Fair
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: None
- Water Source: Municipal
Measurements
- Total: 1,152/SqFt
- Lot: 6,447/SqFt
- Gross: 1,728/SqFt
- Garage: 576/SqFt
- Living: 1,152/SqFt
- Basement: 576/SqFt
- Building: 1,728/SqFt
- Ground: 576/SqFt
Legal Description
- Description: ADDITION TO GRANT TERRACE L.24
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: 41.545956 / -87.35744
- Subdivision: Addition To Grant Terrace
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2404
- Bathroom Fixtures: 5
- Cooling: None
- Heating: Central
Ownership Info
1656 W 40th Ave has no associated ownership info
1656 W 40th Ave has no associated ownership info.
Taxes
1656 W 40th Ave has 10 associated Taxes items
1656 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 $51,100. The APN we've located for 1656 W 40th Ave is 45-08-29-279-016.000-001.
Unlock the full reportTax History
1656 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 $51,100 | Land Value $5,300 | Improvement Value $45,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $27,600 | Land Value $4,500 | Improvement Value $23,100 | Tax Amount $336.5 | Change Rate -0.707435% | Assessed CR | Tax Rate +0.012192% |
| Year 2023 | Assessed Value $27,000 | Land Value $4,500 | Improvement Value $22,500 | Tax Amount $1,150.17 | Change Rate +6.609964% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $151.14 | Change Rate +0.176004% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $24,700 | Land Value $3,900 | Improvement Value $20,800 | Tax Amount $128.52 | Change Rate -0.078049% | Assessed CR | Tax Rate +0.005203% |
| Year 2020 | Assessed Value $24,700 | Land Value $3,900 | Improvement Value $20,800 | Tax Amount $139.4 | Change Rate -0.329485% | Assessed CR | Tax Rate +0.005644% |
| Year 2019 | Assessed Value $24,700 | Land Value $3,900 | Improvement Value $20,800 | Tax Amount $207.9 | Change Rate -0.049557% | Assessed CR | Tax Rate +0.008417% |
| Year 2018 | Assessed Value $24,700 | Land Value $3,900 | Improvement Value $20,800 | Tax Amount $218.74 | Change Rate +0.626562% | Assessed CR | Tax Rate +0.008856% |
| Year 2017 | Assessed Value $25,000 | Land Value $3,900 | Improvement Value $21,100 | Tax Amount $134.48 | Change Rate -0.211446% | Assessed CR | Tax Rate +0.005379% |
| Year 2016 | Assessed Value $29,900 | Land Value $3,900 | Improvement Value $26,000 | Tax Amount $170.54 | Change Rate | Assessed CR | Tax Rate +0.005704% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $170.54 | Change Rate +0.051029% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $30,700 | Land Value $4,800 | Improvement Value $25,900 | Tax Amount $162.26 | Change Rate | Assessed CR | Tax Rate +0.005285% |
| Year 2013 | Assessed Value $30,300 | Land Value $4,800 | Improvement Value $25,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $148.86 | Change Rate | Assessed CR | Tax Rate |