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940 E 45th Ave; Gary, IN Property Details

940 E 45th Ave, Gary, IN is a Single Family that was built in 1949. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 940 E 45th Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 2,413 square feet. The lot size of 940 E 45th Ave is 7,144 square feet.

Off market
940 E 45th Ave Gary, IN 46409
$74,000 Listing Price
3 Beds
1.5 Baths
2,413 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1949
  • Est. Equity / %: $160,000 / 100%
  • Gross Yield: 6.66%
  • APN: 45-08-27-454-023.000-004
  • Situs County: Lake
  • Length Of Ownership: 15 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,413/SqFt
  • Lot: 7,144/SqFt
  • Gross: 3,188/SqFt
  • Garage: 528/SqFt
  • Living: 2,413/SqFt
  • Basement: 775/SqFt
  • Building: 3,188/SqFt
  • Ground: 819/SqFt

Legal Description

  • Description: SCARSDALE FIRST ADDITION TO GARY ALL L.13 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: 41.53685 / -87.324356
  • Subdivision: Scarsdale First Addition
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2331
  • Bathroom Fixtures: 7
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

940 E 45th Ave has no associated ownership info
940 E 45th Ave has no associated ownership info.

Taxes

940 E 45th Ave has 10 associated Taxes items

940 E 45th 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 $72,400. The APN we've located for 940 E 45th Ave is 45-08-27-454-023.000-004.

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Taxes
  • Assessed Value:  $72,400
  • Assessed Year:  2025
  • Assessed County:  Lake
  • APN:  45-08-27-454-023.000-004
  • Assessed Land Value:  7600
  • Market Land Value:  7600
  • Tax Amount:  1230.12
  • Tax Year:  2024
  • Market Value:  72400
  • Market Year:  2025

Tax History

940 E 45th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $72,400 Land Value $7,600 Improvement Value $64,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $60,100 Land Value $7,600 Improvement Value $52,500 Tax Amount $1,230.12 Change Rate -0.686475% Assessed CR Tax Rate +0.020468%
Year 2023 Assessed Value $44,500 Land Value $7,800 Improvement Value $36,700 Tax Amount $3,923.52 Change Rate +2.395635% Assessed CR Tax Rate +0.088169%
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $1,155.46 Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $45,100 Land Value $5,800 Improvement Value $39,300 Tax Amount $1,155.46 Change Rate -0.709228% Assessed CR Tax Rate +0.02562%
Year 2020 Assessed Value $45,100 Land Value $5,800 Improvement Value $39,300 Tax Amount $3,973.76 Change Rate +2.946137% Assessed CR Tax Rate +0.08811%
Year 2019 Assessed Value $45,100 Land Value $5,800 Improvement Value $39,300 Tax Amount $1,007 Change Rate -0.0517% Assessed CR Tax Rate +0.022328%
Year 2018 Assessed Value $45,100 Land Value $5,800 Improvement Value $39,300 Tax Amount $1,061.9 Change Rate +0.089195% Assessed CR Tax Rate +0.023545%
Year 2017 Assessed Value $45,100 Land Value $5,800 Improvement Value $39,300 Tax Amount $974.94 Change Rate -0.309572% Assessed CR Tax Rate +0.021617%
Year 2016 Assessed Value $65,300 Land Value $5,800 Improvement Value $59,500 Tax Amount $1,412.08 Change Rate Assessed CR Tax Rate +0.021625%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,412.08 Change Rate +0.374903% Assessed CR Tax Rate
Year 2014 Assessed Value $43,800 Land Value $7,300 Improvement Value $36,500 Tax Amount $1,027.04 Change Rate Assessed CR Tax Rate +0.023448%
Year 2013 Assessed Value $76,400 Land Value $7,300 Improvement Value $69,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,719.74 Change Rate Assessed CR Tax Rate