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2905 W 42nd Ave; Gary, IN Property Details

2905 W 42nd Ave, Gary, IN is a Single Family that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 2905 W 42nd Ave has 3 bedrooms, and 1 bathroom, and a total of 3,040 square feet. The lot size of 2905 W 42nd Ave is 52,708 square feet.

Off market
2905 W 42nd Ave Gary, IN 46408
$105,700 Estimated Value
3 Beds
1 Baths
3,040 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1950
  • Open Loans / Balance: 1 / $7,600
  • Est. Equity / %: $138,400 / 94.79%
  • Gross Yield: 9.855%
  • APN: 45-08-29-303-008.000-001
  • Situs County: Lake
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 3,040/SqFt
  • Lot: 52,708/SqFt
  • Gross: 3,040/SqFt
  • Garage: 624/SqFt
  • Living: 3,040/SqFt
  • Building: 3,040/SqFt
  • Ground: 1,520/SqFt

Legal Description

  • Description: LOHMANS ADDITION TO RANBURN WOODS LOTS 55 & 56
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: 41.54249 / -87.37274
  • Subdivision: Lohmans Addition
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2421
  • Bathroom Fixtures: 5
  • Cooling: None
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 3

Ownership Info

2905 W 42nd Ave has no associated ownership info
2905 W 42nd Ave has no associated ownership info.

Taxes

2905 W 42nd Ave has 10 associated Taxes items

2905 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 $105,700. The APN we've located for 2905 W 42nd Ave is 45-08-29-303-008.000-001.

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Taxes
  • Assessed Value:  $105,700
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-29-303-008.000-001
  • Assessed Land Value:  19900
  • Market Land Value:  19900
  • Tax Amount:  626.3
  • Tax Year:  2024
  • Market Value:  105700
  • Market Year:  2025

Tax History

2905 W 42nd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $105,700 Land Value $19,900 Improvement Value $85,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $626.3 Change Rate -0.765888% Assessed CR Tax Rate
Year 2023 Assessed Value $62,800 Land Value $19,100 Improvement Value $43,700 Tax Amount $2,675.22 Change Rate +4.435892% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $492.14 Change Rate +0.131148% Assessed CR Tax Rate
Year 2021 Assessed Value $53,400 Land Value $14,100 Improvement Value $39,300 Tax Amount $435.08 Change Rate -0.189161% Assessed CR Tax Rate +0.008148%
Year 2020 Assessed Value $58,500 Land Value $14,100 Improvement Value $44,400 Tax Amount $536.58 Change Rate -0.013458% Assessed CR Tax Rate +0.009172%
Year 2019 Assessed Value $57,700 Land Value $13,700 Improvement Value $44,000 Tax Amount $543.9 Change Rate +0.005323% Assessed CR Tax Rate +0.009426%
Year 2018 Assessed Value $52,700 Land Value $13,000 Improvement Value $39,700 Tax Amount $541.02 Change Rate +0.119846% Assessed CR Tax Rate +0.010266%
Year 2017 Assessed Value $56,200 Land Value $16,900 Improvement Value $39,300 Tax Amount $483.12 Change Rate +0.080757% Assessed CR Tax Rate +0.008596%
Year 2016 Assessed Value $54,900 Land Value $16,000 Improvement Value $38,900 Tax Amount $447.02 Change Rate Assessed CR Tax Rate +0.008142%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $447.02 Change Rate -0.011936% Assessed CR Tax Rate
Year 2014 Assessed Value $60,700 Land Value $19,200 Improvement Value $41,500 Tax Amount $452.42 Change Rate Assessed CR Tax Rate +0.007453%
Year 2013 Assessed Value $59,200 Land Value $19,200 Improvement Value $40,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $412 Change Rate Assessed CR Tax Rate