Taxes
- Assessed Value: $165,500
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-30-276-021.000-001
- Assessed Land Value: 24800
- Market Land Value: 24800
- Tax Amount: 1474.6
- Tax Year: 2024
- Market Value: 165500
- Market Year: 2025
3228 W 40th Ave; Gary, IN Property Details
Off market
3228 W 40th Ave Gary, IN 46408
$125,000 Listing Price
3 Beds
1 Baths
2,432 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1948
- Purchase Price: $125,000
- Open Loans / Balance: 2 / $124,425
- Est. Equity / %: $41,575 / 25.05%
- Gross Yield: 14.624%
- APN: 45-08-30-276-021.000-001
- Situs County: Lake
- Length Of Ownership: 5 years, 4 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 3
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Average
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: None
- Water Source: Municipal
Measurements
- Total: 2,432/SqFt
- Lot: 29,795/SqFt
- Gross: 4,144/SqFt
- Garage: 496/SqFt
- Living: 2,432/SqFt
- Basement: 1,216/SqFt
- Building: 4,144/SqFt
- Ground: 1,216/SqFt
- Price Per Square Foot: $51.40
Legal Description
- Description: LOHMAN OAKS LOT 12
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: 41.546455 / -87.37709
- Subdivision: Lohman Oaks
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1804
- Bathroom Fixtures: 5
- Cooling: Central
- Garage: Attached Garage
- Heating: Central
- Parking: 2
Ownership Info
3228 W 40th Ave has no associated ownership info
3228 W 40th Ave has no associated ownership info.
Taxes
3228 W 40th Ave has 10 associated Taxes items
3228 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 $165,500. The APN we've located for 3228 W 40th Ave is 45-08-30-276-021.000-001.
Unlock the full reportTax History
3228 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 $165,500 | Land Value $24,800 | Improvement Value $140,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $150,200 | Land Value $21,200 | Improvement Value $129,000 | Tax Amount $1,474.6 | Change Rate -0.750965% | Assessed CR | Tax Rate +0.009818% |
| Year 2023 | Assessed Value $139,000 | Land Value $21,200 | Improvement Value $117,800 | Tax Amount $5,921.26 | Change Rate +3.269113% | Assessed CR | Tax Rate +0.042599% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,387 | Change Rate +1.231913% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $72,900 | Land Value $21,000 | Improvement Value $51,900 | Tax Amount $621.44 | Change Rate -0.788126% | Assessed CR | Tax Rate +0.008525% |
| Year 2020 | Assessed Value $72,000 | Land Value $21,000 | Improvement Value $51,000 | Tax Amount $2,933.06 | Change Rate +0.789979% | Assessed CR | Tax Rate +0.040737% |
| Year 2019 | Assessed Value $77,200 | Land Value $20,000 | Improvement Value $57,200 | Tax Amount $1,638.6 | Change Rate -0.208237% | Assessed CR | Tax Rate +0.021225% |
| Year 2018 | Assessed Value $69,100 | Land Value $19,100 | Improvement Value $50,000 | Tax Amount $2,069.56 | Change Rate -0.266394% | Assessed CR | Tax Rate +0.02995% |
| Year 2017 | Assessed Value $97,600 | Land Value $19,100 | Improvement Value $78,500 | Tax Amount $2,821.08 | Change Rate +0.030215% | Assessed CR | Tax Rate +0.028905% |
| Year 2016 | Assessed Value $99,200 | Land Value $18,700 | Improvement Value $80,500 | Tax Amount $2,738.34 | Change Rate | Assessed CR | Tax Rate +0.027604% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,738.34 | Change Rate +0.040735% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $89,900 | Land Value $19,100 | Improvement Value $70,800 | Tax Amount $2,631.16 | Change Rate | Assessed CR | Tax Rate +0.029268% |
| Year 2013 | Assessed Value $89,200 | Land Value $19,100 | Improvement Value $70,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $795.8 | Change Rate | Assessed CR | Tax Rate |