3195 W 40th Place Gary, IN 46408
Ross NeighborhoodEstimated Value: $112,000 - $131,211
2
Beds
1
Bath
864
Sq Ft
$138/Sq Ft
Est. Value
Highlights
- Deck
- Living Room
- Forced Air Heating System
- Ranch Style House
- Bathroom on Main Level
- Fenced
About This Home
As of June 2014Updates just completed include...All new paint throughout, some new baseboards and door casing. All new gutters and downspouts. New storm door. Ready for new carpet. Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with Wells Fargo Home Mortgage by working directly with a mortgage consultant.Buyers also have the option to provide proof of other credit decision financing or a NACA (Neighborhood Assistance Corporation of America) Qualification Letter
Last Agent to Sell the Property
Village Realty of Indiana, Inc License #RB14048148 Listed on: 05/06/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $345
Year Built
- Built in 1994
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 75 x 135
- Fenced
Home Design
- Ranch Style House
- Vinyl Siding
Interior Spaces
- 864 Sq Ft Home
- Living Room
- Laundry on main level
Kitchen
- Electric Range
- Range Hood
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Parking
- Side Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Storage Shed
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Well
- Septic System
Community Details
- Lohman's Oaks Subdivision
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 450830278014000001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 1, 2022
Sold by
Wilson Michael F
Bought by
Wilson Matthew James
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$84,836
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$33,508
Purchase Details
Closed on
Jan 20, 2022
Sold by
Wilson Michael F
Bought by
Wilson Matthew James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$84,836
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$33,508
Purchase Details
Closed on
Oct 21, 2019
Sold by
Wilson Jerry L and Nieves Sean E
Bought by
Wilson Michael F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,990
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 6, 2014
Closed on
Jun 13, 2014
Sold by
Deutsche Bank National Trust Co
Bought by
Wilson Jerry L and Nieves Sean E
Seller's Agent
Katie Henderson
Village Realty of Indiana, Inc
List Price
$35,500
Sold Price
$35,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Purchase Details
Closed on
Feb 7, 2014
Sold by
Lentz Shannon M and Sterba & Swope Llp
Bought by
Deutsche Bank National Trust Co
Purchase Details
Closed on
Mar 21, 2006
Sold by
Wilkie William C
Bought by
Lentz Shannon M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
9.75%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Gary, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilson Matthew James | -- | Drake Andrew R | |
| Wilson Matthew James | -- | Drake Andrew R | |
| Wilson Michael F | -- | Meridian Title Corp | |
| Wilson Michael F | -- | Meridian Title Corp | |
| Wilson Jerry L | -- | None Available | |
| Deutsche Bank National Trust Co | $27,200 | None Available | |
| Lentz Shannon M | -- | Stewart Title Guaranty Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilson Matthew James | $90,000 | |
| Closed | Wilson Matthew James | $90,000 | |
| Previous Owner | Wilson Michael E | $64,990 | |
| Previous Owner | Lentz Shannon M | $55,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2014 06/20/14 | Sold | $35,500 | 0.0% | $41 / Sq Ft |
| 06/20/2014 06/20/14 | Pending | -- | -- | -- |
| 05/06/2014 05/06/14 | For Sale | $35,500 | -- | $41 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,013 | $96,000 | $13,400 | $82,600 |
| 2023 | $753 | $94,200 | $13,400 | $80,800 |
| 2022 | $753 | $79,200 | $13,200 | $66,000 |
| 2021 | $475 | $60,000 | $13,200 | $46,800 |
| 2020 | $428 | $59,600 | $13,200 | $46,400 |
| 2019 | $512 | $57,200 | $12,800 | $44,400 |
| 2018 | $616 | $52,100 | $12,200 | $39,900 |
| 2017 | $602 | $51,800 | $11,900 | $39,900 |
| 2016 | $557 | $50,600 | $11,200 | $39,400 |
| 2014 | $1,640 | $56,100 | $13,500 | $42,600 |
| 2013 | $345 | $55,000 | $13,500 | $41,500 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Henderson
Seller's Agent in 2014
Katie Henderson
Village Realty of Indiana, Inc
(727) 773-5141
62 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR349457
APN: 45-08-30-278-014.000-001
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Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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