Large Location Icon

2840 W 42nd Ave; Gary, IN Property Details

2840 W 42nd Ave, Gary, IN is a Single Family that was built in 1950. This property is not for sale. Our records show that 2840 W 42nd Ave has 3 bedrooms, and 1 bathroom, and a total of 2,402 square feet. The lot size of 2840 W 42nd Ave is 30,840 square feet.

Off market  •   Pre Probate ✓
2840 W 42nd Ave Gary, IN 46408
$77,500 Estimated Value
3 Beds
1 Baths
2,402 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1950
  • Est. Equity / %: $166,000 / 100%
  • Gross Yield: 8.964%
  • APN: 45-08-29-302-009.000-001
  • Situs County: Lake

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,402/SqFt
  • Lot: 30,840/SqFt
  • Gross: 2,842/SqFt
  • Garage: 440/SqFt
  • Living: 2,402/SqFt
  • Building: 2,842/SqFt
  • Ground: 1,201/SqFt

Legal Description

  • Description: LOHMANS ADD TO RANBURN WOODS LOTS 29 & 30
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: 41.54335 / -87.37248
  • Subdivision: Lohmans Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2420
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

2840 W 42nd Ave has no associated ownership info
2840 W 42nd Ave has no associated ownership info.

Taxes

2840 W 42nd Ave has 10 associated Taxes items

2840 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 $77,500. The APN we've located for 2840 W 42nd Ave is 45-08-29-302-009.000-001.

Unlock the full report
Taxes
  • Assessed Value:  $77,500
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-29-302-009.000-001
  • Assessed Land Value:  24100
  • Market Land Value:  24100
  • Tax Amount:  122.66
  • Tax Year:  2024
  • Market Value:  77500
  • Market Year:  2025

Tax History

2840 W 42nd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $77,500 Land Value $24,100 Improvement Value $53,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $64,200 Land Value $22,600 Improvement Value $41,600 Tax Amount $122.66 Change Rate -0.95415% Assessed CR Tax Rate +0.001911%
Year 2023 Assessed Value $62,800 Land Value $22,600 Improvement Value $40,200 Tax Amount $2,675.22 Change Rate +26.082607% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $98.78 Change Rate +0.657383% Assessed CR Tax Rate
Year 2021 Assessed Value $58,500 Land Value $22,400 Improvement Value $36,100 Tax Amount $59.6 Change Rate -0.504077% Assessed CR Tax Rate +0.001019%
Year 2020 Assessed Value $63,200 Land Value $22,400 Improvement Value $40,800 Tax Amount $120.18 Change Rate -0.480055% Assessed CR Tax Rate +0.001902%
Year 2019 Assessed Value $62,100 Land Value $21,700 Improvement Value $40,400 Tax Amount $231.14 Change Rate +0.208133% Assessed CR Tax Rate +0.003722%
Year 2018 Assessed Value $56,800 Land Value $20,500 Improvement Value $36,300 Tax Amount $191.32 Change Rate -0.101193% Assessed CR Tax Rate +0.003368%
Year 2017 Assessed Value $67,600 Land Value $20,100 Improvement Value $47,500 Tax Amount $212.86 Change Rate +0.006525% Assessed CR Tax Rate +0.003149%
Year 2016 Assessed Value $65,800 Land Value $18,900 Improvement Value $46,900 Tax Amount $211.48 Change Rate Assessed CR Tax Rate +0.003214%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $211.48 Change Rate -0.06491% Assessed CR Tax Rate
Year 2014 Assessed Value $73,000 Land Value $22,900 Improvement Value $50,100 Tax Amount $226.16 Change Rate Assessed CR Tax Rate +0.003098%
Year 2013 Assessed Value $71,000 Land Value $22,800 Improvement Value $48,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $196.02 Change Rate Assessed CR Tax Rate