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2725 W 42nd Ave; Gary, IN Property Details

2725 W 42nd Ave, Gary, IN is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 2725 W 42nd Ave has 3 bedrooms, and 1 bathroom, and a total of 2,682 square feet. The lot size of 2725 W 42nd Ave is 25,831 square feet.

Off market
2725 W 42nd Ave Gary, IN 46408
$156,000 Listing Price
3 Beds
1 Baths
2,682 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $154,705
  • Open Loans / Balance: 1 / $152,560
  • Est. Equity / %: $8,440 / 5.24%
  • Gross Yield: 11.896%
  • APN: 45-08-29-303-014.000-001
  • Situs County: Lake
  • Length Of Ownership: 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Attic: true

Measurements

  • Total: 2,682/SqFt
  • Lot: 25,831/SqFt
  • Attic: 1,181/SqFt
  • Gross: 3,863/SqFt
  • Garage: 572/SqFt
  • Living: 2,682/SqFt
  • Building: 3,863/SqFt
  • Ground: 1,341/SqFt
  • Price Per Square Foot: $57.68

Legal Description

  • Description: LOHMANS ADD. TO RANBURN WOODS ALL L.49
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: 41.542416 / -87.37096
  • Subdivision: Lohmans Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2417
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

2725 W 42nd Ave has no associated ownership info
2725 W 42nd Ave has no associated ownership info.

Taxes

2725 W 42nd Ave has 10 associated Taxes items

2725 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 $132,900. The APN we've located for 2725 W 42nd Ave is 45-08-29-303-014.000-001.

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Taxes
  • Assessed Value:  $132,900
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-29-303-014.000-001
  • Assessed Land Value:  22000
  • Market Land Value:  22000
  • Tax Amount:  1482.6
  • Tax Year:  2024
  • Market Value:  132900
  • Market Year:  2025

Tax History

2725 W 42nd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $132,900 Land Value $22,000 Improvement Value $110,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,482.6 Change Rate -0.502094% Assessed CR Tax Rate
Year 2023 Assessed Value $69,900 Land Value $17,800 Improvement Value $52,100 Tax Amount $2,977.67 Change Rate +1.148391% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,386 Change Rate +0.066154% Assessed CR Tax Rate
Year 2021 Assessed Value $65,000 Land Value $17,700 Improvement Value $47,300 Tax Amount $1,300 Change Rate -0.521559% Assessed CR Tax Rate +0.02%
Year 2020 Assessed Value $69,700 Land Value $17,700 Improvement Value $52,000 Tax Amount $2,717.16 Change Rate +3.381527% Assessed CR Tax Rate +0.038984%
Year 2019 Assessed Value $68,700 Land Value $17,200 Improvement Value $51,500 Tax Amount $620.14 Change Rate +0.013069% Assessed CR Tax Rate +0.009027%
Year 2018 Assessed Value $63,300 Land Value $16,300 Improvement Value $47,000 Tax Amount $612.14 Change Rate +0.200086% Assessed CR Tax Rate +0.00967%
Year 2017 Assessed Value $62,600 Land Value $15,900 Improvement Value $46,700 Tax Amount $510.08 Change Rate +0.091314% Assessed CR Tax Rate +0.008148%
Year 2016 Assessed Value $61,200 Land Value $15,000 Improvement Value $46,200 Tax Amount $467.4 Change Rate Assessed CR Tax Rate +0.007637%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $467.4 Change Rate -0.011839% Assessed CR Tax Rate
Year 2014 Assessed Value $67,400 Land Value $18,000 Improvement Value $49,400 Tax Amount $473 Change Rate Assessed CR Tax Rate +0.007018%
Year 2013 Assessed Value $65,600 Land Value $18,100 Improvement Value $47,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $428.9 Change Rate Assessed CR Tax Rate