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2801 W 42nd Ave; Gary, IN Property Details

2801 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 2801 W 42nd Ave has 2 bedrooms, and 2 bathrooms, and a total of 3,096 square feet. The lot size of 2801 W 42nd Ave is 29,316 square feet.

Off market
2801 W 42nd Ave Gary, IN 46408
$137,600 Estimated Value
2 Beds
2 Baths
3,096 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $63,100
  • Open Loans / Balance: 1 / $49,117
  • Est. Equity / %: $96,883 / 66.36%
  • Gross Yield: 13.726%
  • APN: 45-08-29-303-012.000-001
  • Situs County: Lake
  • Length Of Ownership: 21 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • 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

Measurements

  • Total: 3,096/SqFt
  • Lot: 29,316/SqFt
  • Gross: 3,096/SqFt
  • Garage: 480/SqFt
  • Living: 3,096/SqFt
  • Building: 3,096/SqFt
  • Ground: 1,548/SqFt
  • Price Per Square Foot: $20.38

Legal Description

  • Description: LOHMANS ADD. TO RANBURN WOODS ALL L.51
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: 41.54288 / -87.37154
  • Subdivision: Lohmans Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2419
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

2801 W 42nd Ave has no associated ownership info
2801 W 42nd Ave has no associated ownership info.

Taxes

2801 W 42nd Ave has 10 associated Taxes items

2801 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 $137,600. The APN we've located for 2801 W 42nd Ave is 45-08-29-303-012.000-001.

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Taxes
  • Assessed Value:  $137,600
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-29-303-012.000-001
  • Assessed Land Value:  23800
  • Market Land Value:  23800
  • Tax Amount:  675.26
  • Tax Year:  2024
  • Market Value:  137600
  • Market Year:  2025

Tax History

2801 W 42nd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $137,600 Land Value $23,800 Improvement Value $113,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $70,800 Land Value $17,300 Improvement Value $53,500 Tax Amount $675.26 Change Rate -0.771262% Assessed CR Tax Rate +0.009538%
Year 2023 Assessed Value $69,300 Land Value $17,300 Improvement Value $52,000 Tax Amount $2,952.11 Change Rate +4.087214% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $580.3 Change Rate +0.13066% Assessed CR Tax Rate
Year 2021 Assessed Value $64,100 Land Value $17,100 Improvement Value $47,000 Tax Amount $513.24 Change Rate -0.069239% Assessed CR Tax Rate +0.008007%
Year 2020 Assessed Value $63,600 Land Value $17,100 Improvement Value $46,500 Tax Amount $551.42 Change Rate -0.022166% Assessed CR Tax Rate +0.00867%
Year 2019 Assessed Value $62,700 Land Value $16,600 Improvement Value $46,100 Tax Amount $563.92 Change Rate +0.025346% Assessed CR Tax Rate +0.008994%
Year 2018 Assessed Value $57,200 Land Value $15,700 Improvement Value $41,500 Tax Amount $549.98 Change Rate +0.216339% Assessed CR Tax Rate +0.009615%
Year 2017 Assessed Value $56,800 Land Value $15,400 Improvement Value $41,400 Tax Amount $452.16 Change Rate -0.025265% Assessed CR Tax Rate +0.007961%
Year 2016 Assessed Value $56,000 Land Value $14,500 Improvement Value $41,500 Tax Amount $463.88 Change Rate Assessed CR Tax Rate +0.008284%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $463.88 Change Rate -0.010453% Assessed CR Tax Rate
Year 2014 Assessed Value $66,900 Land Value $17,500 Improvement Value $49,400 Tax Amount $468.78 Change Rate Assessed CR Tax Rate +0.007007%
Year 2013 Assessed Value $64,900 Land Value $17,500 Improvement Value $47,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $423.34 Change Rate Assessed CR Tax Rate