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3025 W 42nd Ave; Gary, IN Property Details

3025 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 3025 W 42nd Ave has 3 bedrooms, and 1 bathroom, and a total of 2,592 square feet. The lot size of 3025 W 42nd Ave is 24,437 square feet.

Off market
3025 W 42nd Ave Gary, IN 46408
$91,600 Estimated Value
3 Beds
1 Baths
2,592 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $58,000
  • Open Loans / Balance: 1 / $38,204
  • Est. Equity / %: $85,796 / 69.19%
  • Gross Yield: 14.042%
  • APN: 45-08-29-303-002.000-001
  • Situs County: Lake
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 2,592/SqFt
  • Lot: 24,437/SqFt
  • Gross: 2,592/SqFt
  • Garage: 1,296/SqFt
  • Living: 2,592/SqFt
  • Building: 2,592/SqFt
  • Ground: 1,296/SqFt
  • Price Per Square Foot: $22.38

Legal Description

  • Description: LOHMANS ADD. TO RANBURN WOODS ALL L.62
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Lake Ridge Schools
  • Lat / Lon: 41.5427 / -87.37457
  • Subdivision: Lohmans Add
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2423
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Heating: Central

Ownership Info

3025 W 42nd Ave has no associated ownership info
3025 W 42nd Ave has no associated ownership info.

Taxes

3025 W 42nd Ave has 10 associated Taxes items

3025 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 $91,600. The APN we've located for 3025 W 42nd Ave is 45-08-29-303-002.000-001.

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Taxes
  • Assessed Value:  $91,600
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-29-303-002.000-001
  • Assessed Land Value:  21000
  • Market Land Value:  21000
  • Tax Amount:  1112.6
  • Tax Year:  2024
  • Market Value:  91600
  • Market Year:  2025

Tax History

3025 W 42nd Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $91,600 Land Value $21,000 Improvement Value $70,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $52,500 Land Value $18,000 Improvement Value $34,500 Tax Amount $1,112.6 Change Rate -0.491868% Assessed CR Tax Rate +0.021192%
Year 2023 Assessed Value $51,400 Land Value $18,000 Improvement Value $33,400 Tax Amount $2,189.59 Change Rate +1.113463% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,036.02 Change Rate +0.059325% Assessed CR Tax Rate
Year 2021 Assessed Value $48,100 Land Value $17,800 Improvement Value $30,300 Tax Amount $978 Change Rate -0.535635% Assessed CR Tax Rate +0.020333%
Year 2020 Assessed Value $51,700 Land Value $17,800 Improvement Value $33,900 Tax Amount $2,106.1 Change Rate +0.887863% Assessed CR Tax Rate +0.040737%
Year 2019 Assessed Value $50,800 Land Value $17,200 Improvement Value $33,600 Tax Amount $1,115.6 Change Rate -0.222232% Assessed CR Tax Rate +0.021961%
Year 2018 Assessed Value $46,700 Land Value $16,300 Improvement Value $30,400 Tax Amount $1,434.36 Change Rate +0.06852% Assessed CR Tax Rate +0.030714%
Year 2017 Assessed Value $46,100 Land Value $16,000 Improvement Value $30,100 Tax Amount $1,342.38 Change Rate -0.059194% Assessed CR Tax Rate +0.029119%
Year 2016 Assessed Value $44,900 Land Value $15,000 Improvement Value $29,900 Tax Amount $1,426.84 Change Rate Assessed CR Tax Rate +0.031778%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,426.84 Change Rate -0.031587% Assessed CR Tax Rate
Year 2014 Assessed Value $50,200 Land Value $18,100 Improvement Value $32,100 Tax Amount $1,473.38 Change Rate Assessed CR Tax Rate +0.02935%
Year 2013 Assessed Value $48,900 Land Value $18,100 Improvement Value $30,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,373.22 Change Rate Assessed CR Tax Rate