Large Location Icon

3221 W 40th Ave; Gary, IN Property Details

3221 W 40th Ave, Gary, IN is a Single Family that was built in 1955. This property is not for sale. Our records show that 3221 W 40th Ave has 2 bedrooms, and 1 bathroom, and a total of 2,376 square feet. The lot size of 3221 W 40th Ave is 11,238 square feet.

Off market
3221 W 40th Ave Gary, IN 46408
$107,400 Estimated Value
2 Beds
1 Baths
2,376 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Est. Equity / %: $181,000 / 100%
  • Gross Yield: 8.287%
  • APN: 45-08-30-277-012.000-001
  • Situs County: Lake

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 2

Structure

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

Measurements

  • Total: 2,376/SqFt
  • Lot: 11,238/SqFt
  • Gross: 3,384/SqFt
  • Garage: 550/SqFt
  • Living: 2,376/SqFt
  • Basement: 1,008/SqFt
  • Building: 3,384/SqFt
  • Ground: 1,188/SqFt

Legal Description

  • Description: RESUB. L.22 TO 25 & OF 27 TO 46 INC. LOHMAN OAKS LOT 3
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: 41.545937 / -87.37697
  • Subdivision: Lohman Oaks
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1803
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

3221 W 40th Ave has no associated ownership info
3221 W 40th Ave has no associated ownership info.

Taxes

3221 W 40th Ave has 10 associated Taxes items

3221 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 $107,400. The APN we've located for 3221 W 40th Ave is 45-08-30-277-012.000-001.

Unlock the full report
Taxes
  • Assessed Value:  $107,400
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-30-277-012.000-001
  • Assessed Land Value:  13300
  • Market Land Value:  13300
  • Tax Amount:  1040.6
  • Tax Year:  2024
  • Market Value:  107400
  • Market Year:  2025

Tax History

3221 W 40th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $107,400 Land Value $13,300 Improvement Value $94,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $98,000 Land Value $14,300 Improvement Value $83,700 Tax Amount $1,040.6 Change Rate -0.744479% Assessed CR Tax Rate +0.010618%
Year 2023 Assessed Value $95,600 Land Value $14,300 Improvement Value $81,300 Tax Amount $4,072.46 Change Rate +3.314047% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $944 Change Rate +0.080092% Assessed CR Tax Rate
Year 2021 Assessed Value $87,400 Land Value $14,100 Improvement Value $73,300 Tax Amount $874 Change Rate -0.109943% Assessed CR Tax Rate +0.01%
Year 2020 Assessed Value $86,700 Land Value $14,100 Improvement Value $72,600 Tax Amount $981.96 Change Rate +0.058785% Assessed CR Tax Rate +0.011326%
Year 2019 Assessed Value $85,600 Land Value $13,700 Improvement Value $71,900 Tax Amount $927.44 Change Rate +0.159039% Assessed CR Tax Rate +0.010835%
Year 2018 Assessed Value $77,700 Land Value $13,000 Improvement Value $64,700 Tax Amount $800.18 Change Rate -0.016712% Assessed CR Tax Rate +0.010298%
Year 2017 Assessed Value $82,200 Land Value $12,700 Improvement Value $69,500 Tax Amount $813.78 Change Rate +0.001871% Assessed CR Tax Rate +0.0099%
Year 2016 Assessed Value $80,600 Land Value $12,000 Improvement Value $68,600 Tax Amount $812.26 Change Rate Assessed CR Tax Rate +0.010078%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $812.26 Change Rate -0.070577% Assessed CR Tax Rate
Year 2014 Assessed Value $90,900 Land Value $14,400 Improvement Value $76,500 Tax Amount $873.94 Change Rate Assessed CR Tax Rate +0.009614%
Year 2013 Assessed Value $87,900 Land Value $14,400 Improvement Value $73,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $759.34 Change Rate Assessed CR Tax Rate