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301 W 40th Ave; Gary, IN Property Details

301 W 40th Ave, Gary, IN is a Auto Repair/parts/garage that was built in 1939. This property is currently a cash purchase and is not for sale. Our records show that 301 W 40th Ave has a total of 2,496 square feet. The lot size of 301 W 40th Ave is 6,142 square feet.

Off market
4000 Jefferson St Gary, IN 46408
$52,700 Estimated Value
2,496 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1939
  • APN: 45-08-28-280-001.000-004
  • Situs County: Lake
  • Length Of Ownership: 14 years, 1 months

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Building Condition: Fair
  • Building Quality: D
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,496/SqFt
  • Lot: 6,142/SqFt
  • Gross: 2,496/SqFt
  • Garage: 2,496/SqFt
  • Building: 4,896/SqFt
  • Ground: 2,496/SqFt
  • Garage Unfinished: 2,496/SqFt

Legal Description

  • Description: GEO. & WM. EARLES 2ND GLEN PARK ALL L.1 BL.16 & VAC. JEFF. ST. EX.E.4FT.
Building Insights

Land Information

  • Property Type: Auto repair/parts/garage
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gary Community School Corporation
  • Lat / Lon: 41.54574 / -87.34018
  • Subdivision: Glen Park
  • Property Class: Commercial
  • County Use Code: 455

Amenities

  • Heating Fuel Type: Gas
  • Garage: Garage

Ownership Info

4000 Jefferson St has no associated ownership info
4000 Jefferson St has no associated ownership info.

Taxes

4000 Jefferson St has 10 associated Taxes items

301 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 $52,700. The APN we've located for 301 W 40th Ave is 45-08-28-280-001.000-004.

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Taxes
  • Assessed Value:  $52,700
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-28-280-001.000-004
  • Assessed Land Value:  7700
  • Market Land Value:  7700
  • Tax Amount:  3015.72
  • Tax Year:  2024
  • Market Value:  52700
  • Market Year:  2025

Tax History

4000 Jefferson St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $52,700 Land Value $7,700 Improvement Value $45,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $39,800 Land Value $7,700 Improvement Value $32,100 Tax Amount $3,015.72 Change Rate -0.15337% Assessed CR Tax Rate +0.075772%
Year 2023 Assessed Value $40,400 Land Value $7,700 Improvement Value $32,700 Tax Amount $3,562.03 Change Rate +1.386652% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,492.48 Change Rate +0.088321% Assessed CR Tax Rate
Year 2021 Assessed Value $38,500 Land Value $7,700 Improvement Value $30,800 Tax Amount $1,371.36 Change Rate -0.595736% Assessed CR Tax Rate +0.03562%
Year 2020 Assessed Value $38,500 Land Value $7,700 Improvement Value $30,800 Tax Amount $3,392.24 Change Rate +0.213247% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $40,100 Land Value $7,700 Improvement Value $32,400 Tax Amount $2,796 Change Rate -0.116967% Assessed CR Tax Rate +0.069726%
Year 2018 Assessed Value $50,400 Land Value $18,500 Improvement Value $31,900 Tax Amount $3,166.36 Change Rate +1.00291% Assessed CR Tax Rate +0.062825%
Year 2017 Assessed Value $50,000 Land Value $18,500 Improvement Value $31,500 Tax Amount $1,580.88 Change Rate -0.163343% Assessed CR Tax Rate +0.031618%
Year 2016 Assessed Value $54,800 Land Value $18,500 Improvement Value $36,300 Tax Amount $1,889.52 Change Rate Assessed CR Tax Rate +0.03448%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,889.52 Change Rate -0.090554% Assessed CR Tax Rate
Year 2014 Assessed Value $62,200 Land Value $17,000 Improvement Value $45,200 Tax Amount $2,077.66 Change Rate Assessed CR Tax Rate +0.033403%
Year 2013 Assessed Value $65,700 Land Value $17,000 Improvement Value $48,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $2,133.3 Change Rate Assessed CR Tax Rate