Taxes
- Assessed Value: $43,800
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-29-279-015.000-001
- Assessed Land Value: 5300
- Market Land Value: 5300
- Tax Amount: 532.6
- Tax Year: 2024
- Market Value: 43800
- Market Year: 2025
1662 W 40th Ave; Gary, IN Property Details
Off market
1662 W 40th Ave Gary, IN 46408
$43,800 Estimated Value
1 Beds
1 Baths
1,200 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1946
- Est. Equity / %: $145,000 / 100%
- Gross Yield: 3.939%
- APN: 45-08-29-279-015.000-001
- Situs County: Lake
Rooms
- Bedrooms: 1
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 1
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Fair
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: None
- Water Source: Municipal
Measurements
- Total: 1,200/SqFt
- Lot: 6,447/SqFt
- Gross: 1,200/SqFt
- Garage: 600/SqFt
- Living: 1,200/SqFt
- Building: 1,200/SqFt
- Ground: 600/SqFt
Legal Description
- Description: ADDITION TO GRANT TERRACE L.23
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: 41.54596 / -87.35759
- 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
1662 W 40th Ave has no associated ownership info
1662 W 40th Ave has no associated ownership info.
Taxes
1662 W 40th Ave has 10 associated Taxes items
1662 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 $43,800. The APN we've located for 1662 W 40th Ave is 45-08-29-279-015.000-001.
Unlock the full reportTax History
1662 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 $43,800 | Land Value $5,300 | Improvement Value $38,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $22,900 | Land Value $4,500 | Improvement Value $18,400 | Tax Amount $532.6 | Change Rate -0.441848% | Assessed CR | Tax Rate +0.023258% |
| Year 2023 | Assessed Value $22,400 | Land Value $4,500 | Improvement Value $17,900 | Tax Amount $954.22 | Change Rate +1.178584% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $438 | Change Rate +0.073529% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $20,400 | Land Value $3,900 | Improvement Value $16,500 | Tax Amount $408 | Change Rate -0.509049% | Assessed CR | Tax Rate +0.02% |
| Year 2020 | Assessed Value $20,400 | Land Value $3,900 | Improvement Value $16,500 | Tax Amount $831.04 | Change Rate +0.687048% | Assessed CR | Tax Rate +0.040737% |
| Year 2019 | Assessed Value $20,400 | Land Value $3,900 | Improvement Value $16,500 | Tax Amount $492.6 | Change Rate -0.262199% | Assessed CR | Tax Rate +0.024147% |
| Year 2018 | Assessed Value $20,400 | Land Value $3,900 | Improvement Value $16,500 | Tax Amount $667.66 | Change Rate +0.114327% | Assessed CR | Tax Rate +0.032728% |
| Year 2017 | Assessed Value $20,800 | Land Value $3,900 | Improvement Value $16,900 | Tax Amount $599.16 | Change Rate -0.053908% | Assessed CR | Tax Rate +0.028806% |
| Year 2016 | Assessed Value $20,500 | Land Value $3,900 | Improvement Value $16,600 | Tax Amount $633.3 | Change Rate | Assessed CR | Tax Rate +0.030893% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $633.3 | Change Rate +0.012438% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $21,400 | Land Value $4,800 | Improvement Value $16,600 | Tax Amount $625.52 | Change Rate | Assessed CR | Tax Rate +0.02923% |
| Year 2013 | Assessed Value $21,200 | Land Value $4,800 | Improvement Value $16,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $593.48 | Change Rate | Assessed CR | Tax Rate |