- 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
2725 W 42nd Ave; Gary, IN Property Details
Off market
2725 W 42nd Ave Gary, IN 46408
$156,000 Listing Price
3 Beds
1 Baths
2,682 SqFt
Property Type
Single FamilyProperty 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.
Unlock the full reportTaxes
Tax History
2725 W 42nd 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 $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 |