Taxes
- Assessed Value: $75,700
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-29-328-001.000-001
- Assessed Land Value: 16500
- Market Land Value: 16500
- Tax Amount: 1055.66
- Tax Year: 2024
- Market Value: 75700
- Market Year: 2025
2637 W 42nd Ave; Gary, IN Property Details
Off market
2637 W 42nd Ave Gary, IN 46408
$75,700 Estimated Value
2 Beds
1 Baths
1,968 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1950
- Purchase Price: $37,000
- Est. Equity / %: $125,000 / 100%
- Gross Yield: 11.376%
- APN: 45-08-29-328-001.000-001
- Situs County: Lake
- Length Of Ownership: 9 years, 1 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 2
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Average
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,968/SqFt
- Lot: 16,291/SqFt
- Gross: 1,968/SqFt
- Garage: 984/SqFt
- Living: 1,968/SqFt
- Building: 1,968/SqFt
- Ground: 984/SqFt
- Price Per Square Foot: $18.80
Legal Description
- Description: LOHMANS ADD. TO RANBURN WOODS ALL L.46
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: 41.542274 / -87.370155
- Subdivision: Lohmans Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2415
- Bathroom Fixtures: 5
- Cooling: Central
- Heating: Central
Ownership Info
2637 W 42nd Ave has no associated ownership info
2637 W 42nd Ave has no associated ownership info.
Taxes
2637 W 42nd Ave has 10 associated Taxes items
2637 W 42nd 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 $75,700. The APN we've located for 2637 W 42nd Ave is 45-08-29-328-001.000-001.
Unlock the full reportTax History
2637 W 42nd 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 $75,700 | Land Value $16,500 | Improvement Value $59,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $44,800 | Land Value $17,300 | Improvement Value $27,500 | Tax Amount $1,055.66 | Change Rate -0.435506% | Assessed CR | Tax Rate +0.023564% |
| Year 2023 | Assessed Value $43,900 | Land Value $17,300 | Improvement Value $26,600 | Tax Amount $1,870.1 | Change Rate +1.159469% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $866 | Change Rate -0.026966% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $44,500 | Land Value $17,200 | Improvement Value $27,300 | Tax Amount $890 | Change Rate -0.506827% | Assessed CR | Tax Rate +0.02% |
| Year 2020 | Assessed Value $44,300 | Land Value $17,200 | Improvement Value $27,100 | Tax Amount $1,804.64 | Change Rate +0.894436% | Assessed CR | Tax Rate +0.040737% |
| Year 2019 | Assessed Value $43,400 | Land Value $16,600 | Improvement Value $26,800 | Tax Amount $952.6 | Change Rate -0.222367% | Assessed CR | Tax Rate +0.021949% |
| Year 2018 | Assessed Value $39,900 | Land Value $15,800 | Improvement Value $24,100 | Tax Amount $1,225 | Change Rate | Assessed CR | Tax Rate +0.030702% |
| Year 2017 | Assessed Value $39,200 | Land Value $15,400 | Improvement Value $23,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $38,000 | Land Value $14,500 | Improvement Value $23,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $43,100 | Land Value $17,600 | Improvement Value $25,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $42,000 | Land Value $17,500 | Improvement Value $24,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |