Large Location Icon

2941 W 42nd Ave; Gary, IN Property Details

2941 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 2941 W 42nd Ave has 3 bedrooms, and 1 bathroom, and a total of 2,432 square feet. The lot size of 2941 W 42nd Ave is 23,871 square feet.

Off market
2941 W 42nd Ave Gary, IN 46408
$36,000 Listing Price
3 Beds
1 Baths
2,432 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Est. Equity / %: $144,000 / 100%
  • Gross Yield: 13.108%
  • APN: 45-08-29-303-005.000-001
  • Situs County: Lake
  • Length Of Ownership: 10 years, 8 months

Rooms

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

Structure

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

Measurements

  • Total: 2,432/SqFt
  • Lot: 23,871/SqFt
  • Gross: 2,432/SqFt
  • Garage: 600/SqFt
  • Living: 2,432/SqFt
  • Building: 2,432/SqFt
  • Ground: 1,216/SqFt

Legal Description

  • Description: LOHMANS ADD. TO RANBURN WOODS ALL L.59
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: 41.542732 / -87.3737
  • Subdivision: Lohmans Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2421
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

2941 W 42nd Ave has no associated ownership info
2941 W 42nd Ave has no associated ownership info.

Taxes

2941 W 42nd Ave has 10 associated Taxes items

2941 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 $98,300. The APN we've located for 2941 W 42nd Ave is 45-08-29-303-005.000-001.

Unlock the full report
Taxes
  • Assessed Value:  $98,300
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-29-303-005.000-001
  • Assessed Land Value:  20600
  • Market Land Value:  20600
  • Tax Amount:  607.08
  • Tax Year:  2024
  • Market Value:  98300
  • Market Year:  2025

Tax History

2941 W 42nd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $98,300 Land Value $20,600 Improvement Value $77,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $62,200 Land Value $16,500 Improvement Value $45,700 Tax Amount $607.08 Change Rate -0.76752% Assessed CR Tax Rate +0.00976%
Year 2023 Assessed Value $61,300 Land Value $16,500 Improvement Value $44,800 Tax Amount $2,611.32 Change Rate +2.709261% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $704 Change Rate +0.088907% Assessed CR Tax Rate
Year 2021 Assessed Value $57,300 Land Value $16,400 Improvement Value $40,900 Tax Amount $646.52 Change Rate -0.17219% Assessed CR Tax Rate +0.011283%
Year 2020 Assessed Value $61,500 Land Value $16,400 Improvement Value $45,100 Tax Amount $781 Change Rate -0.063706% Assessed CR Tax Rate +0.012699%
Year 2019 Assessed Value $60,600 Land Value $15,900 Improvement Value $44,700 Tax Amount $834.14 Change Rate -0.070865% Assessed CR Tax Rate +0.013765%
Year 2018 Assessed Value $55,600 Land Value $15,100 Improvement Value $40,500 Tax Amount $897.76 Change Rate +0.255468% Assessed CR Tax Rate +0.016147%
Year 2017 Assessed Value $56,500 Land Value $14,700 Improvement Value $41,800 Tax Amount $715.08 Change Rate -0.594989% Assessed CR Tax Rate +0.012656%
Year 2016 Assessed Value $55,200 Land Value $13,900 Improvement Value $41,300 Tax Amount $1,765.58 Change Rate Assessed CR Tax Rate +0.031985%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,765.58 Change Rate -0.021655% Assessed CR Tax Rate
Year 2014 Assessed Value $61,100 Land Value $16,700 Improvement Value $44,400 Tax Amount $1,804.66 Change Rate Assessed CR Tax Rate +0.029536%
Year 2013 Assessed Value $59,500 Land Value $16,700 Improvement Value $42,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,679.52 Change Rate Assessed CR Tax Rate