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3247 W 40th Ave; Gary, IN Property Details

3247 W 40th Ave, Gary, IN is a Single Family that was built in 1952. This property is currently a cash purchase and is not for sale. Our records show that 3247 W 40th Ave has 3 bedrooms, and 1 bathroom, and a total of 2,012 square feet. The lot size of 3247 W 40th Ave is 11,238 square feet.

Off market
3247 W 40th Ave Gary, IN 46408
$32,559 Listing Price
3 Beds
1 Baths
2,012 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1952
  • Open Loans / Balance: 1 / $61,726
  • Est. Equity / %: $96,274 / 60.93%
  • Gross Yield: 5.947%
  • APN: 45-08-30-277-010.000-001
  • Situs County: Lake
  • Length Of Ownership: 8 years, 3 months

Rooms

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

Structure

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

Measurements

  • Total: 2,012/SqFt
  • Lot: 11,238/SqFt
  • Gross: 3,330/SqFt
  • Garage: 312/SqFt
  • Living: 2,012/SqFt
  • Basement: 1,006/SqFt
  • Building: 3,330/SqFt
  • Ground: 1,006/SqFt

Legal Description

  • Description: RESUB. L.22 TO 25 & OF 27 TO 46 INC. LOHMAN OAKS LOT 5
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: 41.54587 / -87.37761
  • Subdivision: Lohman Oaks
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1803
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

3247 W 40th Ave has no associated ownership info
3247 W 40th Ave has no associated ownership info.

Taxes

3247 W 40th Ave has 10 associated Taxes items

3247 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 $64,100. The APN we've located for 3247 W 40th Ave is 45-08-30-277-010.000-001.

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Taxes
  • Assessed Value:  $64,100
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-30-277-010.000-001
  • Assessed Land Value:  13300
  • Market Land Value:  13300
  • Tax Amount:  1262.6
  • Tax Year:  2024
  • Market Value:  64100
  • Market Year:  2025

Tax History

3247 W 40th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,100 Land Value $13,300 Improvement Value $50,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $60,400 Land Value $14,300 Improvement Value $46,100 Tax Amount $1,262.6 Change Rate -0.496788% Assessed CR Tax Rate +0.020904%
Year 2023 Assessed Value $58,900 Land Value $14,300 Improvement Value $44,600 Tax Amount $2,509.08 Change Rate +1.07362% Assessed CR Tax Rate +0.042599%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,210 Change Rate +0.070796% Assessed CR Tax Rate
Year 2021 Assessed Value $56,500 Land Value $14,100 Improvement Value $42,400 Tax Amount $1,130 Change Rate -0.505544% Assessed CR Tax Rate +0.02%
Year 2020 Assessed Value $56,100 Land Value $14,100 Improvement Value $42,000 Tax Amount $2,285.34 Change Rate +0.919486% Assessed CR Tax Rate +0.040737%
Year 2019 Assessed Value $55,300 Land Value $13,700 Improvement Value $41,600 Tax Amount $1,190.6 Change Rate +0.846579% Assessed CR Tax Rate +0.02153%
Year 2018 Assessed Value $66,500 Land Value $13,000 Improvement Value $53,500 Tax Amount $644.76 Change Rate +0.193867% Assessed CR Tax Rate +0.009696%
Year 2017 Assessed Value $65,600 Land Value $12,700 Improvement Value $52,900 Tax Amount $540.06 Change Rate +0.136203% Assessed CR Tax Rate +0.008233%
Year 2016 Assessed Value $64,200 Land Value $12,000 Improvement Value $52,200 Tax Amount $475.32 Change Rate Assessed CR Tax Rate +0.007404%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $475.32 Change Rate -0.017934% Assessed CR Tax Rate
Year 2014 Assessed Value $68,700 Land Value $14,400 Improvement Value $54,300 Tax Amount $484 Change Rate Assessed CR Tax Rate +0.007045%
Year 2013 Assessed Value $66,600 Land Value $14,400 Improvement Value $52,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $436.84 Change Rate Assessed CR Tax Rate