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2825 W 40th Pl; Gary, IN Property Details

2825 W 40th Pl, Gary, IN is a Single Family that was built in 1940. This property is currently Financed,Intra-Family and is not for sale. Our records show that 2825 W 40th Pl has 2 bedrooms, and 1 bathroom, and a total of 2,090 square feet. The lot size of 2825 W 40th Pl is 14,418 square feet.

Off market
2825 W 40th Pl Gary, IN 46408
$86,200 Estimated Value
2 Beds
1 Baths
2,090 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1940
  • Purchase Price: $57,300
  • Est. Equity / %: $163,000 / 100%
  • Gross Yield: 7.347%
  • APN: 45-08-29-154-013.000-001
  • Situs County: Lake
  • Length Of Ownership: 10 years, 4 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: D
  • Pool Type: Above ground pool
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 2,090/SqFt
  • Lot: 14,418/SqFt
  • Gross: 3,135/SqFt
  • Garage: 576/SqFt
  • Living: 2,090/SqFt
  • Basement: 1,045/SqFt
  • Building: 3,135/SqFt
  • Ground: 1,045/SqFt
  • Price Per Square Foot: $27.42

Legal Description

  • Description: BEVERLY HIGHLANDS BL.G LOTS 22 & 23
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: 41.54497 / -87.372345
  • Subdivision: Beverly Highlands
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 2305
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2825 W 40th Pl has no associated ownership info
2825 W 40th Pl has no associated ownership info.

Taxes

2825 W 40th Pl has 10 associated Taxes items

2825 W 40th Pl, 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 $86,200. The APN we've located for 2825 W 40th Pl is 45-08-29-154-013.000-001.

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Taxes
  • Assessed Value:  $86,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-29-154-013.000-001
  • Assessed Land Value:  15100
  • Market Land Value:  15100
  • Tax Amount:  641.18
  • Tax Year:  2024
  • Market Value:  86200
  • Market Year:  2025

Tax History

2825 W 40th Pl has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $86,200 Land Value $15,100 Improvement Value $71,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $641.18 Change Rate -0.769501% Assessed CR Tax Rate
Year 2023 Assessed Value $65,300 Land Value $14,200 Improvement Value $51,100 Tax Amount $2,781.71 Change Rate +3.858712% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $572.52 Change Rate +0.124175% Assessed CR Tax Rate
Year 2021 Assessed Value $61,000 Land Value $14,100 Improvement Value $46,900 Tax Amount $509.28 Change Rate -0.088684% Assessed CR Tax Rate +0.008349%
Year 2020 Assessed Value $60,600 Land Value $14,100 Improvement Value $46,500 Tax Amount $558.84 Change Rate -0.010027% Assessed CR Tax Rate +0.009222%
Year 2019 Assessed Value $59,900 Land Value $13,600 Improvement Value $46,300 Tax Amount $564.5 Change Rate +0.003698% Assessed CR Tax Rate +0.009424%
Year 2018 Assessed Value $54,800 Land Value $12,900 Improvement Value $41,900 Tax Amount $562.42 Change Rate +0.193743% Assessed CR Tax Rate +0.010263%
Year 2017 Assessed Value $55,000 Land Value $12,600 Improvement Value $42,400 Tax Amount $471.14 Change Rate +0.087983% Assessed CR Tax Rate +0.008566%
Year 2016 Assessed Value $53,900 Land Value $11,900 Improvement Value $42,000 Tax Amount $433.04 Change Rate Assessed CR Tax Rate +0.008034%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $433.04 Change Rate -0.010059% Assessed CR Tax Rate
Year 2014 Assessed Value $59,500 Land Value $14,400 Improvement Value $45,100 Tax Amount $437.44 Change Rate Assessed CR Tax Rate +0.007352%
Year 2013 Assessed Value $57,900 Land Value $14,400 Improvement Value $43,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $397.18 Change Rate Assessed CR Tax Rate