$255,700
SOLD MAR 27, 2025

3222 W 40th Place Gary, IN 46408

Ross Neighborhood
5 Beds
2 Baths
1,670 Sq Ft
0.26 Acres

Recently Sold

$153 Per Sq Ft

5% Below List Price

18 Days on Market

Highlights

  • Deck
  • Neighborhood Views
  • 2.5 Car Detached Garage
  • No HOA
  • Enclosed Patio or Porch
  • Living Room

About This Home

As of March 2025

Back on Market due to Buyer's financing. Welcome Home! This stunning, totally remodeled residence in UNINCORPORATED CALUMET TOWNSHIP & LAKE RIDGE SCHOOLS. This 5 spacious bedrooms and 2 beautiful baths and gorgeous kitchen, making it perfect for those needing extra space. Step inside to discover a nice layout, highlighting the fresh finishes throughout. Enjoy the charm of the enclosed side porch, ideal for morning coffee or evening relaxation. The spacious living area seamlessly flows through a sliding door onto a deck, perfect for entertaining or enjoying outdoor living in your fenced yard. Huge open basement with a corner fireplace, painted epoxy floor which is ready to finish to your liking along with a separate large laundry/utility room for extra storage. A generous detached block garage, you'll have plenty of room for vehicles and storage. This home combines comfort and convenience. Don't miss the opportunity to make it yours! SEWERS are coming soon too!

Last Agent to Sell the Property

Estela Lopez

McColly Real Estate License #RB14046939 Listed on: 11/07/2024

McColly Real Estate

Last Buyer's Agent

Sam Geraci

INcoast Homes LLC License #RB18000080

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,426

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x153
  • Wood Fence
  • Back Yard Fenced

Parking

  • 2.5 Car Detached Garage
  • Off-Street Parking

Interior Spaces

  • 2-Story Property
  • Electric Fireplace
  • ENERGY STAR Qualified Windows
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Fireplace in Basement
  • Laundry in Basement

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • No Home Owners Association
  • Lohman Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450830277023000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,426

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Back Yard, Gentle Sloping
  • Reso View: Neighborhood
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Lohman Oaks
  • Above Grade Finished Sq Ft: 1470
  • Garage Yn: Yes
  • Unit Levels: One and One Half, Two
  • New Construction: No
  • Property Attached Yn: No
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: ENERGY STAR Qualified Windows
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Gas Range, Refrigerator, Microwave
  • Interior Amenities: Eat-in Kitchen
  • Basement: Block, Sump Pump, Unfinished
  • Flooring: Laminate
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 200
  • Fireplace Features: Basement, Electric
  • Fireplaces: 1

Exterior Features

  • Exterior Features: None
  • Fencing: Back Yard, Wood
  • Acres: 0.263
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Side Porch, Front Porch, Enclosed, Deck

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Additional Parking, Detached, Off Street, Garage Faces Front, Driveway, Asphalt

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75x153
  • Lot Size Sq Ft: 11456
  • Parcel #: 450830277023000001

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Mar 27, 2025
Sold by
Innovation 2030 Llc
Bought by
Martyka Justin
Seller's Agent
Estela Lopez
McColly Real Estate
Buyer's Agent
Sam Geraci
INcoast Homes LLC
List Price
$269,000
Sold Price
$255,700
Premium/Discount to List
-$13,300
-4.94%
Views
166
Current Estimated Value
$253,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,968
Avg. Annual Appreciation
-1.60%
Original Mortgage
$251,068
Outstanding Balance
$250,000
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$3,732

Purchase Details

Closed on
Mar 27, 2024
Sold by
Mw Capital Llc
Bought by
Innovation 2030 Llc

Purchase Details

Closed on
Mar 25, 2024
Sold by
Mw Capital Llc
Bought by
Innovation 2030 Llc

Purchase Details

Closed on
Jan 5, 2024
Sold by
Vliek Scott A
Bought by
Mw Capital Llc

Purchase Details

Closed on
Jan 1, 2024
Sold by
Vliek Scott A
Bought by
Mw Capital Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Community Title Company
Warranty Deed $65,000 Chicago Title
Warranty Deed -- Chicago Title
Warranty Deed -- Chicago Title
Warranty Deed $15,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,068 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $255,700 -1.5% $153 / Sq Ft
01/09/2025 01/09/25 Price Changed $259,700 -1.6% $156 / Sq Ft
12/31/2024 12/31/24 Price Changed $263,900 -1.9% $158 / Sq Ft
12/04/2024 12/04/24 For Sale $269,000 0.0% $161 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/18/2024 11/18/24 Price Changed $269,000 -2.1% $161 / Sq Ft
11/07/2024 11/07/24 For Sale $274,900 -- $165 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $5,167 $83,600 $14,400 $69,200
2023 $2,426 $121,300 $14,400 $106,900
2022 $2,402 $120,100 $14,300 $105,800
2021 $2,224 $111,200 $14,300 $96,900
2020 $1,103 $110,300 $14,300 $96,000
2019 $1,173 $108,800 $13,800 $95,000
2018 $1,333 $98,600 $13,100 $85,500
2017 $1,280 $97,500 $12,800 $84,700
2016 $1,162 $95,800 $12,100 $83,700
2014 $1,194 $106,000 $14,500 $91,500
2013 $1,110 $105,600 $14,600 $91,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 812637

Northwest Indiana Association of REALTORS®

APN: 45-08-30-277-023.000-001