Taxes
- Assessed Value: $8,400
- Assessed Year: 2025
- Assessed County: Lake
- APN: 45-08-27-180-016.000-004
- Assessed Land Value: 3500
- Market Land Value: 3500
- Tax Amount: 571
- Tax Year: 2024
- Market Value: 8400
- Market Year: 2025
712 E 40th Ave; Gary, IN Property Details
On Market for 72 days
712 E 40th Ave Gary, IN 46409
$25,000 Listing Price
3 Beds
1 Baths
1,320 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1956
- Purchase Price: $5,800
- Est. Equity / %: $117,000 / 100%
- APN: 45-08-27-180-016.000-004
- Situs County: Lake
- Length Of Ownership: 8 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 6
Structure
- Building Style: Concrete Block
- Stories: 1
- Building Condition: Unsound
- Building Quality: D
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,320/SqFt
- Lot: 6,186/SqFt
- Gross: 1,320/SqFt
- Garage: 294/SqFt
- Living: 1,026/SqFt
- Basement: 1,026/SqFt
- Building: 1,320/SqFt
- Ground: 1,026/SqFt
- Price Per Square Foot: $4.39
Legal Description
- Description: GREAT GARY REALTY COS. 1ST ADD. ALL L.27 BL.4 ALL L.28 BL.4
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: 41.545918 / -87.327614
- Subdivision: Great Gary Realty Cos. 1st Add
- Property Class: Residential
- County Use Code: 510
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1717
- Bathroom Fixtures: 5
- Cooling: None
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Central
- Parking: 1
Ownership Info
712 E 40th Ave has no associated ownership info
712 E 40th Ave has no associated ownership info.
Taxes
712 E 40th Ave has 10 associated Taxes items
712 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 $8,400. The APN we've located for 712 E 40th Ave is 45-08-27-180-016.000-004.
Unlock the full reportTax History
712 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 $8,400 | Land Value $3,500 | Improvement Value $4,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $571 | Change Rate -0.534087% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $13,900 | Land Value $8,500 | Improvement Value $5,400 | Tax Amount $1,225.55 | Change Rate +2.491794% | Assessed CR | Tax Rate +0.088169% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $350.98 | Change Rate +0.030052% | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $13,300 | Land Value $8,600 | Improvement Value $4,700 | Tax Amount $340.74 | Change Rate -0.917894% | Assessed CR | Tax Rate +0.02562% |
| Year 2020 | Assessed Value $47,100 | Land Value $8,600 | Improvement Value $38,500 | Tax Amount $4,149.98 | Change Rate +0.633529% | Assessed CR | Tax Rate +0.08811% |
| Year 2019 | Assessed Value $51,800 | Land Value $9,500 | Improvement Value $42,300 | Tax Amount $2,540.5 | Change Rate +0.081027% | Assessed CR | Tax Rate +0.049044% |
| Year 2018 | Assessed Value $51,800 | Land Value $9,500 | Improvement Value $42,300 | Tax Amount $2,350.08 | Change Rate +1.07465% | Assessed CR | Tax Rate +0.045368% |
| Year 2017 | Assessed Value $52,400 | Land Value $9,500 | Improvement Value $42,900 | Tax Amount $1,132.76 | Change Rate -0.104283% | Assessed CR | Tax Rate +0.021618% |
| Year 2016 | Assessed Value $60,000 | Land Value $9,500 | Improvement Value $50,500 | Tax Amount $1,264.64 | Change Rate | Assessed CR | Tax Rate +0.021077% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,264.64 | Change Rate -0.091794% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $59,500 | Land Value $9,700 | Improvement Value $49,800 | Tax Amount $1,392.46 | Change Rate | Assessed CR | Tax Rate +0.023403% |
| Year 2013 | Assessed Value $57,000 | Land Value $9,700 | Improvement Value $47,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2012 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,280.84 | Change Rate | Assessed CR | Tax Rate |