Taxes
- Assessed Value: $61,700
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-27-184-001.000-004
- Assessed Land Value: 3500
- Market Land Value: 3500
- Tax Amount: 881.64
- Tax Year: 2024
- Market Value: 61700
- Market Year: 2025
703 E 40th Ave; Gary, IN Property Details
Off market
703 E 40th Ave Gary, IN 46409
$61,700 Estimated Value
3 Beds
1 Baths
1,824 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1954
- Est. Equity / %: $103,000 / 100%
- Gross Yield: 7.771%
- APN: 45-08-27-184-001.000-004
- Situs County: Lake
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 6
Structure
- Building Style: Brick
- Stories: 1
- Building Condition: Average
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,824/SqFt
- Lot: 6,186/SqFt
- Gross: 2,736/SqFt
- Garage: 912/SqFt
- Living: 1,824/SqFt
- Basement: 912/SqFt
- Building: 2,736/SqFt
- Ground: 912/SqFt
Legal Description
- Description: GREAT GARY REALTY COS 1ST ADD. EX. E. 31 FT. OF W. 62 FT. OF L.1 TO 4 BL.5
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Gary Community School Corporation
- Lat / Lon: 41.5456 / -87.327774
- Subdivision: Great Gary Realty Cos 1st Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1716
- Bathroom Fixtures: 5
- Cooling: None
- Heating: Central
Ownership Info
703 E 40th Ave has no associated ownership info
703 E 40th Ave has no associated ownership info.
Taxes
703 E 40th Ave has 10 associated Taxes items
703 E 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 $61,700. The APN we've located for 703 E 40th Ave is 45-08-27-184-001.000-004.
Unlock the full reportTax History
703 E 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 $61,700 | Land Value $3,500 | Improvement Value $58,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $57,100 | Land Value $3,500 | Improvement Value $53,600 | Tax Amount $881.64 | Change Rate -0.675344% | Assessed CR | Tax Rate +0.01544% |
| Year 2023 | Assessed Value $30,800 | Land Value $8,500 | Improvement Value $22,300 | Tax Amount $2,715.61 | Change Rate +2.556977% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $763.46 | Change Rate +0.060479% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $28,100 | Land Value $8,600 | Improvement Value $19,500 | Tax Amount $719.92 | Change Rate -0.714311% | Assessed CR | Tax Rate +0.02562% |
| Year 2020 | Assessed Value $28,600 | Land Value $8,600 | Improvement Value $20,000 | Tax Amount $2,519.94 | Change Rate +2.42849% | Assessed CR | Tax Rate +0.08811% |
| Year 2019 | Assessed Value $31,500 | Land Value $9,500 | Improvement Value $22,000 | Tax Amount $735 | Change Rate -0.049577% | Assessed CR | Tax Rate +0.023333% |
| Year 2018 | Assessed Value $31,500 | Land Value $9,500 | Improvement Value $22,000 | Tax Amount $773.34 | Change Rate +0.128502% | Assessed CR | Tax Rate +0.02455% |
| Year 2017 | Assessed Value $31,700 | Land Value $9,500 | Improvement Value $22,200 | Tax Amount $685.28 | Change Rate -0.262759% | Assessed CR | Tax Rate +0.021618% |
| Year 2016 | Assessed Value $43,700 | Land Value $9,500 | Improvement Value $34,200 | Tax Amount $929.52 | Change Rate | Assessed CR | Tax Rate +0.02127% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $929.52 | Change Rate -0.121271% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $45,200 | Land Value $9,700 | Improvement Value $35,500 | Tax Amount $1,057.8 | Change Rate | Assessed CR | Tax Rate +0.023403% |
| Year 2013 | Assessed Value $43,400 | Land Value $9,700 | Improvement Value $33,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $975.22 | Change Rate | Assessed CR | Tax Rate |