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2701 W 42nd Ave; Gary, IN Property Details

2701 W 42nd Ave, Gary, IN is a Single Family that was built in 1950. This property is not for sale. Our records show that 2701 W 42nd Ave has 2 bedrooms, and 1 bathroom, and a total of 2,450 square feet. The lot size of 2701 W 42nd Ave is 18,295 square feet.

Off market
2701 W 42nd Ave Gary, IN 46408
$115,400 Estimated Value
2 Beds
1 Baths
2,450 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1950
  • Est. Equity / %: $152,000 / 100%
  • Gross Yield: 9.608%
  • APN: 45-08-29-303-016.000-001
  • Situs County: Lake

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 2,450/SqFt
  • Lot: 18,295/SqFt
  • Gross: 2,450/SqFt
  • Garage: 360/SqFt
  • Living: 2,450/SqFt
  • Building: 2,450/SqFt
  • Ground: 1,225/SqFt

Legal Description

  • Description: LOHMANS ADD. TO RANBURN WOODS ALL L.47
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Lake Ridge Schools
  • Lat / Lon: 41.542427 / -87.37042
  • Subdivision: Lohmans Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2417
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

2701 W 42nd Ave has no associated ownership info
2701 W 42nd Ave has no associated ownership info.

Taxes

2701 W 42nd Ave has 10 associated Taxes items

2701 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 $115,400. The APN we've located for 2701 W 42nd Ave is 45-08-29-303-016.000-001.

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Taxes
  • Assessed Value:  $115,400
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-29-303-016.000-001
  • Assessed Land Value:  17800
  • Market Land Value:  17800
  • Tax Amount:  677.82
  • Tax Year:  2024
  • Market Value:  115400
  • Market Year:  2025

Tax History

2701 W 42nd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $115,400 Land Value $17,800 Improvement Value $97,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $70,800 Land Value $17,500 Improvement Value $53,300 Tax Amount $677.82 Change Rate -0.771384% Assessed CR Tax Rate +0.009574%
Year 2023 Assessed Value $69,600 Land Value $17,500 Improvement Value $52,100 Tax Amount $2,964.89 Change Rate +3.061493% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $730 Change Rate +0.095833% Assessed CR Tax Rate
Year 2021 Assessed Value $64,700 Land Value $17,300 Improvement Value $47,400 Tax Amount $666.16 Change Rate -0.096634% Assessed CR Tax Rate +0.010296%
Year 2020 Assessed Value $64,500 Land Value $17,300 Improvement Value $47,200 Tax Amount $737.42 Change Rate +0.028968% Assessed CR Tax Rate +0.011433%
Year 2019 Assessed Value $63,500 Land Value $16,800 Improvement Value $46,700 Tax Amount $716.66 Change Rate -0.010111% Assessed CR Tax Rate +0.011286%
Year 2018 Assessed Value $58,000 Land Value $15,900 Improvement Value $42,100 Tax Amount $723.98 Change Rate +0.164442% Assessed CR Tax Rate +0.012482%
Year 2017 Assessed Value $57,400 Land Value $15,500 Improvement Value $41,900 Tax Amount $621.74 Change Rate +0.031557% Assessed CR Tax Rate +0.010832%
Year 2016 Assessed Value $56,100 Land Value $14,600 Improvement Value $41,500 Tax Amount $602.72 Change Rate Assessed CR Tax Rate +0.010744%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $602.72 Change Rate -0.001789% Assessed CR Tax Rate
Year 2014 Assessed Value $65,900 Land Value $17,600 Improvement Value $48,300 Tax Amount $603.8 Change Rate Assessed CR Tax Rate +0.009162%
Year 2013 Assessed Value $64,200 Land Value $17,600 Improvement Value $46,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $550 Change Rate Assessed CR Tax Rate