Taxes
- Assessed Value: $68,500
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-29-280-002.000-001
- Assessed Land Value: 5300
- Market Land Value: 5300
- Tax Amount: 449.4
- Tax Year: 2024
- Market Value: 68500
- Market Year: 2025
1675 W 40th Ave; Gary, IN Property Details
Off market • Pre Probate ✓
1675 W 40th Ave Gary, IN 46408
$68,500 Estimated Value
2 Beds
1 Baths
1,460 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1948
- Est. Equity / %: $130,000 / 100%
- Gross Yield: 7.357%
- APN: 45-08-29-280-002.000-001
- Situs County: Lake
- Length Of Ownership: 5 years, 2 months
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: 1,460/SqFt
- Lot: 6,447/SqFt
- Gross: 2,000/SqFt
- Garage: 576/SqFt
- Living: 1,460/SqFt
- Basement: 540/SqFt
- Building: 2,000/SqFt
- Ground: 730/SqFt
Legal Description
- Description: ADDITION TO GRANT TERRACE L.18
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: 41.545372 / -87.35787
- Subdivision: Addition To Grant Terrace
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2403
- Bathroom Fixtures: 5
- Cooling: Central
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Central
- Parking: 3
Ownership Info
1675 W 40th Ave has no associated ownership info
1675 W 40th Ave has no associated ownership info.
Taxes
1675 W 40th Ave has 10 associated Taxes items
1675 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 $68,500. The APN we've located for 1675 W 40th Ave is 45-08-29-280-002.000-001.
Unlock the full reportTax History
1675 W 40th Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $68,500 | Land Value $5,300 | Improvement Value $63,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $43,200 | Land Value $4,500 | Improvement Value $38,700 | Tax Amount $449.4 | Change Rate -0.753516% | Assessed CR | Tax Rate +0.010403% |
| Year 2023 | Assessed Value $42,800 | Land Value $4,500 | Improvement Value $38,300 | Tax Amount $1,823.24 | Change Rate +3.490739% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $406 | Change Rate | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $37,800 | Land Value $3,900 | Improvement Value $33,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2020 | Assessed Value $37,800 | Land Value $3,900 | Improvement Value $33,900 | Tax Amount $84.6 | Change Rate | Assessed CR | Tax Rate +0.002238% |
| Year 2019 | Assessed Value $37,800 | Land Value $3,900 | Improvement Value $33,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2018 | Assessed Value $41,400 | Land Value $3,900 | Improvement Value $37,500 | Tax Amount $84.6 | Change Rate | Assessed CR | Tax Rate +0.002043% |
| Year 2017 | Assessed Value $42,200 | Land Value $3,900 | Improvement Value $38,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $41,300 | Land Value $3,900 | Improvement Value $37,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $41,900 | Land Value $4,800 | Improvement Value $37,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $41,400 | Land Value $4,800 | Improvement Value $36,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |