- Assessed Value: $151,400
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-29-153-007.000-001
- Assessed Land Value: 13400
- Market Land Value: 13400
- Tax Amount: 1056.6
- Tax Year: 2024
- Market Value: 151400
- Market Year: 2025
2949 W 40th Ave; Gary, IN Property Details
Off market
2949 W 40th Ave Gary, IN 46408
$151,400 Estimated Value
3 Beds
1 Baths
2,802 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1942
- Est. Equity / %: $167,000 / 100%
- Gross Yield: 11.978%
- APN: 45-08-29-153-007.000-001
- Situs County: Lake
- Length Of Ownership: 8 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 3
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 2,802/SqFt
- Lot: 11,543/SqFt
- Gross: 4,203/SqFt
- Garage: 1,401/SqFt
- Living: 2,802/SqFt
- Basement: 1,401/SqFt
- Building: 4,203/SqFt
- Ground: 1,401/SqFt
Legal Description
- Description: BEVERLY HIGHLANDS ALL LOTS 25 & 26 BL.F
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: 41.54563 / -87.37388
- Subdivision: Beverly Highlands
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2301
- Bathroom Fixtures: 5
- Cooling: Central
- Fireplaces: 1
- Heating: Central
HOA
- H O A One Type: Planned Unit Development
Ownership Info
2949 W 40th Ave has no associated ownership info
2949 W 40th Ave has no associated ownership info.
Taxes
2949 W 40th Ave has 10 associated Taxes items
2949 W 40th 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 $151,400. The APN we've located for 2949 W 40th Ave is 45-08-29-153-007.000-001.
Unlock the full reportTaxes
Tax History
2949 W 40th 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 $151,400 | Land Value $13,400 | Improvement Value $138,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $100,000 | Land Value $15,000 | Improvement Value $85,000 | Tax Amount $1,056.6 | Change Rate -0.744821% | Assessed CR | Tax Rate +0.010566% |
| Year 2023 | Assessed Value $97,200 | Land Value $15,000 | Improvement Value $82,200 | Tax Amount $4,140.62 | Change Rate +3.414307% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $938 | Change Rate +0.079402% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $88,700 | Land Value $14,800 | Improvement Value $73,900 | Tax Amount $869 | Change Rate -0.166075% | Assessed CR | Tax Rate +0.009797% |
| Year 2020 | Assessed Value $88,000 | Land Value $14,800 | Improvement Value $73,200 | Tax Amount $1,042.06 | Change Rate +0.113788% | Assessed CR | Tax Rate +0.011842% |
| Year 2019 | Assessed Value $86,900 | Land Value $14,400 | Improvement Value $72,500 | Tax Amount $935.6 | Change Rate +0.091868% | Assessed CR | Tax Rate +0.010766% |
| Year 2018 | Assessed Value $79,000 | Land Value $13,600 | Improvement Value $65,400 | Tax Amount $856.88 | Change Rate +0.168877% | Assessed CR | Tax Rate +0.010847% |
| Year 2017 | Assessed Value $78,000 | Land Value $13,300 | Improvement Value $64,700 | Tax Amount $733.08 | Change Rate -0.047651% | Assessed CR | Tax Rate +0.009398% |
| Year 2016 | Assessed Value $80,300 | Land Value $12,600 | Improvement Value $67,700 | Tax Amount $769.76 | Change Rate | Assessed CR | Tax Rate +0.009586% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $769.76 | Change Rate -0.084404% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $88,200 | Land Value $15,100 | Improvement Value $73,100 | Tax Amount $840.72 | Change Rate | Assessed CR | Tax Rate +0.009532% |
| Year 2013 | Assessed Value $85,300 | Land Value $15,100 | Improvement Value $70,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $729.14 | Change Rate | Assessed CR | Tax Rate |