Taxes
- Assessed Value: $59,500
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-29-279-013.000-001
- Assessed Land Value: 5300
- Market Land Value: 5300
- Tax Amount: 329.55
- Tax Year: 2024
- Market Value: 59500
- Market Year: 2025
1674 W 40th Ave; Gary, IN Property Details
Off market
1674 W 40th Ave Gary, IN 46408
$59,500 Estimated Value
2 Beds
1.5 Baths
1,012 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1946
- Est. Equity / %: $144,000 / 100%
- Gross Yield: 5.758%
- APN: 45-08-29-279-013.000-001
- Situs County: Lake
- Length Of Ownership: 18 years
Rooms
- Bedrooms: 2
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 2
- Partial Bathrooms: 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: 1,012/SqFt
- Lot: 6,447/SqFt
- Gross: 1,518/SqFt
- Garage: 440/SqFt
- Living: 1,012/SqFt
- Basement: 506/SqFt
- Building: 1,518/SqFt
- Ground: 506/SqFt
Legal Description
- Description: ADDITION TO GRANT TERRACE L.21
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: 41.545963 / -87.35788
- Subdivision: Addition To Grant Terrace
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2404
- Bathroom Fixtures: 7
- Cooling: Central
- Garage: Detached Garage
- Heating: Central
- Parking: 2
Ownership Info
1674 W 40th Ave has no associated ownership info
1674 W 40th Ave has no associated ownership info.
Taxes
1674 W 40th Ave has 10 associated Taxes items
1674 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 $59,500. The APN we've located for 1674 W 40th Ave is 45-08-29-279-013.000-001.
Unlock the full reportTax History
1674 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 $59,500 | Land Value $5,300 | Improvement Value $54,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $26,700 | Land Value $4,500 | Improvement Value $22,200 | Tax Amount $329.55 | Change Rate -0.705851% | Assessed CR | Tax Rate +0.012343% |
| Year 2023 | Assessed Value $26,300 | Land Value $4,500 | Improvement Value $21,800 | Tax Amount $1,120.35 | Change Rate +3.463546% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $251 | Change Rate +0.107972% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $23,200 | Land Value $3,900 | Improvement Value $19,300 | Tax Amount $226.54 | Change Rate -0.078056% | Assessed CR | Tax Rate +0.009765% |
| Year 2020 | Assessed Value $23,200 | Land Value $3,900 | Improvement Value $19,300 | Tax Amount $245.72 | Change Rate -0.18625% | Assessed CR | Tax Rate +0.010591% |
| Year 2019 | Assessed Value $23,200 | Land Value $3,900 | Improvement Value $19,300 | Tax Amount $301.96 | Change Rate -0.429381% | Assessed CR | Tax Rate +0.013016% |
| Year 2018 | Assessed Value $23,700 | Land Value $3,900 | Improvement Value $19,800 | Tax Amount $529.18 | Change Rate +1.207124% | Assessed CR | Tax Rate +0.022328% |
| Year 2017 | Assessed Value $24,000 | Land Value $3,900 | Improvement Value $20,100 | Tax Amount $239.76 | Change Rate -0.75259% | Assessed CR | Tax Rate +0.00999% |
| Year 2016 | Assessed Value $31,900 | Land Value $3,900 | Improvement Value $28,000 | Tax Amount $969.08 | Change Rate | Assessed CR | Tax Rate +0.030379% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $969.08 | Change Rate +0.020106% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $32,500 | Land Value $4,800 | Improvement Value $27,700 | Tax Amount $949.98 | Change Rate | Assessed CR | Tax Rate +0.02923% |
| Year 2013 | Assessed Value $32,100 | Land Value $4,800 | Improvement Value $27,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $898.62 | Change Rate | Assessed CR | Tax Rate |