Taxes
- Assessed Value: $126,800
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-29-301-013.000-001
- Assessed Land Value: 17500
- Market Land Value: 17500
- Tax Amount: 1135.6
- Tax Year: 2024
- Market Value: 126800
- Market Year: 2025
2940 W 42nd Ave; Gary, IN Property Details
Off market
2940 W 42nd Ave Gary, IN 46408
$161,263 Listing Price
3 Beds
1 Baths
2,520 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1950
- Purchase Price: $161,300
- Open Loans / Balance: 1 / $112,855
- Est. Equity / %: $80,145 / 41.53%
- Gross Yield: 9.078%
- APN: 45-08-29-301-013.000-001
- Situs County: Lake
- Length Of Ownership: 6 years
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 7
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Average
- Building Quality: C
- Pool Type: Above ground pool
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
- Deck: true
Measurements
- Total: 2,520/SqFt
- Lot: 18,034/SqFt
- Gross: 2,520/SqFt
- Garage: 888/SqFt
- Living: 2,520/SqFt
- Building: 2,520/SqFt
- Ground: 1,260/SqFt
- Price Per Square Foot: $64.01
Legal Description
- Description: LOHMANS ADD. TO RANBURN WOODS ALL L.25
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: 41.543198 / -87.37377
- Subdivision: Lohmans Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Pool: true
- Plus Four: 2422
- Bathroom Fixtures: 5
- Cooling: Central
- Garage: Detached Garage
- Heating: Central
- Parking: 3
Ownership Info
2940 W 42nd Ave has no associated ownership info
2940 W 42nd Ave has no associated ownership info.
Taxes
2940 W 42nd Ave has 10 associated Taxes items
2940 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 $126,800. The APN we've located for 2940 W 42nd Ave is 45-08-29-301-013.000-001.
Unlock the full reportTax History
2940 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 $126,800 | Land Value $17,500 | Improvement Value $109,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $101,900 | Land Value $15,600 | Improvement Value $86,300 | Tax Amount $1,135.6 | Change Rate -0.746356% | Assessed CR | Tax Rate +0.011144% |
| Year 2023 | Assessed Value $105,100 | Land Value $15,600 | Improvement Value $89,500 | Tax Amount $4,477.15 | Change Rate +3.07755% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,098 | Change Rate +0.074364% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $96,800 | Land Value $15,500 | Improvement Value $81,300 | Tax Amount $1,022 | Change Rate -0.011319% | Assessed CR | Tax Rate +0.010558% |
| Year 2020 | Assessed Value $87,200 | Land Value $15,500 | Improvement Value $71,700 | Tax Amount $1,033.7 | Change Rate +0.126526% | Assessed CR | Tax Rate +0.011854% |
| Year 2019 | Assessed Value $86,000 | Land Value $15,000 | Improvement Value $71,000 | Tax Amount $917.6 | Change Rate +0.080139% | Assessed CR | Tax Rate +0.01067% |
| Year 2018 | Assessed Value $78,300 | Land Value $14,200 | Improvement Value $64,100 | Tax Amount $849.52 | Change Rate +0.227807% | Assessed CR | Tax Rate +0.01085% |
| Year 2017 | Assessed Value $73,400 | Land Value $13,900 | Improvement Value $59,500 | Tax Amount $691.9 | Change Rate +0.081195% | Assessed CR | Tax Rate +0.009426% |
| Year 2016 | Assessed Value $71,900 | Land Value $13,100 | Improvement Value $58,800 | Tax Amount $639.94 | Change Rate | Assessed CR | Tax Rate +0.0089% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $639.94 | Change Rate -0.038436% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $79,600 | Land Value $15,800 | Improvement Value $63,800 | Tax Amount $665.52 | Change Rate | Assessed CR | Tax Rate +0.008361% |
| Year 2013 | Assessed Value $77,300 | Land Value $15,800 | Improvement Value $61,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $582.68 | Change Rate | Assessed CR | Tax Rate |