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3012 W 42nd Ave; Gary, IN Property Details

3012 W 42nd Ave, Gary, IN is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 3012 W 42nd Ave has 3 bedrooms, and 1 bathroom, and a total of 3,588 square feet. The lot size of 3012 W 42nd Ave is 18,687 square feet.

Off market
3012 W 42nd Ave Gary, IN 46408
$142,200 Estimated Value
3 Beds
1 Baths
3,588 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1950
  • Purchase Price: $123,800
  • Open Loans / Balance: 1 / $69,436
  • Est. Equity / %: $108,564 / 60.99%
  • Gross Yield: 12.243%
  • APN: 45-08-29-301-011.000-001
  • Situs County: Lake
  • Length Of Ownership: 20 years, 1 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: 3,588/SqFt
  • Lot: 18,687/SqFt
  • Gross: 3,588/SqFt
  • Garage: 396/SqFt
  • Living: 3,588/SqFt
  • Building: 3,588/SqFt
  • Ground: 1,794/SqFt
  • Price Per Square Foot: $34.50

Legal Description

  • Description: LOHMANS ADD. TO RANBURN WOODS ALL L.23
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: 41.54326 / -87.374405
  • Subdivision: Lohmans Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2424
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

3012 W 42nd Ave has no associated ownership info
3012 W 42nd Ave has no associated ownership info.

Taxes

3012 W 42nd Ave has 10 associated Taxes items

3012 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 $142,200. The APN we've located for 3012 W 42nd Ave is 45-08-29-301-011.000-001.

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Taxes
  • Assessed Value:  $142,200
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-29-301-011.000-001
  • Assessed Land Value:  17900
  • Market Land Value:  17900
  • Tax Amount:  947.58
  • Tax Year:  2024
  • Market Value:  142200
  • Market Year:  2025

Tax History

3012 W 42nd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $142,200 Land Value $17,900 Improvement Value $124,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $90,000 Land Value $19,200 Improvement Value $70,800 Tax Amount $947.58 Change Rate -0.748653% Assessed CR Tax Rate +0.010529%
Year 2023 Assessed Value $88,500 Land Value $19,200 Improvement Value $69,300 Tax Amount $3,770.01 Change Rate +3.313513% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $874 Change Rate +0.031877% Assessed CR Tax Rate
Year 2021 Assessed Value $84,700 Land Value $19,000 Improvement Value $65,700 Tax Amount $847 Change Rate -0.072411% Assessed CR Tax Rate +0.01%
Year 2020 Assessed Value $84,100 Land Value $19,000 Improvement Value $65,100 Tax Amount $913.12 Change Rate +0.056607% Assessed CR Tax Rate +0.010858%
Year 2019 Assessed Value $82,900 Land Value $18,400 Improvement Value $64,500 Tax Amount $864.2 Change Rate +0.157421% Assessed CR Tax Rate +0.010425%
Year 2018 Assessed Value $75,600 Land Value $17,500 Improvement Value $58,100 Tax Amount $746.66 Change Rate +0.179632% Assessed CR Tax Rate +0.009876%
Year 2017 Assessed Value $74,900 Land Value $17,100 Improvement Value $57,800 Tax Amount $632.96 Change Rate +0.04958% Assessed CR Tax Rate +0.008451%
Year 2016 Assessed Value $73,100 Land Value $16,100 Improvement Value $57,000 Tax Amount $603.06 Change Rate Assessed CR Tax Rate +0.00825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $603.06 Change Rate -0.080561% Assessed CR Tax Rate
Year 2014 Assessed Value $80,600 Land Value $19,400 Improvement Value $61,200 Tax Amount $655.9 Change Rate Assessed CR Tax Rate +0.008138%
Year 2013 Assessed Value $78,700 Land Value $19,400 Improvement Value $59,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $576.86 Change Rate Assessed CR Tax Rate