NOT LISTED FOR SALE

3228 W 40th Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $172,000 - $236,000

3 Beds
1 Bath
1,216 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $125,000 $103 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,167/month

89 Days on Market

Highlights

  • 0.68 Acre Lot
  • Ranch Style House
  • Country Kitchen
  • Wooded Lot
  • Covered Patio or Porch
  • 1 Car Attached Garage

About This Home

As of March 2021

SELLER WILL PROVIDE A ONE YEAR HOME WARRANTY! UPDATED 3 Bedroom, 1 Bath Ranch Nestled on an Oversized .68 acre, Private Wooded Lot in Lohman Oaks. You'll be Greeted by a Gorgeous Covered Porch, Spacious Living Room, Formal Dining Room, Huge Bright Country Kitchen with White Cabinetry, Back Splash,, Stove, Refrigerator STAY. New Vinyl Flooring in Living, Dining and Kitchen, Stunning Window treatments. Roomy Bedrooms all equipped with Ceiling Fans, Brand New Carpet, Plenty of Closet Space and Sunshine! New Full Bathroom. Lower Level has Epoxy flooring, an additional Living or Rec Room, Large Laundry room with Utility Tub and Plenty of Storage Space! Backyard Boasts a New Wooden Deck overlooking an Amazing Back Yard Full of Endless Possibilities, Large Storage Shed, Concrete Patio, Mature Trees, Campfires, Stargazing and Relaxation! 2-3 year New Roof, Brand New Water Heater. Attached Garage. Close to Schools, Shopping, Restaurants, Entertainment, Expressways. SOLD AS-IS.

Last Agent to Sell the Property

Diane Schwader

Double Diamond Real Estate LLC License #RB14049677 Listed on: 11/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 1948

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 100 x 298
  • Landscaped
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement
  • Sump Pump

Kitchen

  • Country Kitchen
  • Portable Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Storage Shed

Schools

  • Longfellow Elementary School
  • Lakeview Middle School
  • Calumet New Tech High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Satellite Dish
  • Cable TV Available

Community Details

  • Lohman Oaks Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450830276021000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,639

Year Built

Built in 1948

Lot Details

0.68 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Landscaped, Wooded
  • ResoOtherEquipment: Cable TV Hookup, Satellite Dish, Sump Pump
  • Co List Office Mls Id: GNR1030
  • Subdivision Name: Lohman Oaks
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 720
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Portable Gas Range, Refrigerator
  • Interior Amenities: Country Kitchen, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Patio, Storage Shed
  • Acres: 0.684

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Middle Or Junior School: Lakeview Middle School

Lot Info

  • Lot Dimensions: 100 x 298
  • Lot Size Sq Ft: 29795
  • Parcel #: 450830276021000001

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1639

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Calumet New Tech High School
  • Elementary School: Longfellow Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Mar 29, 2021
Sold by
Miller Properties Group Llc
Bought by
Bryant Timothy J
Seller's Agent
Diane Schwader
Double Diamond Real Estate LLC
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$202,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,678
Avg. Annual Appreciation
10.39%
Original Mortgage
$122,735
Outstanding Balance
$109,466
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$93,212

Purchase Details

Closed on
Jun 12, 2018
Sold by
Indiana Land Trust Company
Bought by
Miller Properties Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Bryant Timothy J $125,000 Fidelity National Title
Miller Properties Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryant Timothy J $122,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2021 03/29/21 Sold $125,000 0.0% $103 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
11/13/2020 11/13/20 For Sale $125,000 -- $103 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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
2025 $1,475 $165,500 $24,800 $140,700
2024 $5,921 $150,200 $21,200 $129,000
2023 $1,390 $139,000 $21,200 $117,800
2022 $1,387 $139,900 $21,000 $118,900
2021 $621 $72,900 $21,000 $51,900
2020 $1,450 $72,000 $21,000 $51,000
2019 $1,639 $77,200 $20,000 $57,200
2018 $2,070 $69,100 $19,100 $50,000
2017 $2,906 $97,600 $19,100 $78,500
2016 $2,936 $99,200 $18,700 $80,500
2014 $2,631 $89,900 $19,100 $70,800
2013 $796 $89,200 $19,100 $70,100
Source: Public Records

Agents Affiliated with this Home

  • Diane Schwader

    Seller's Agent in 2021

    Diane Schwader

    Double Diamond Real Estate LLC

    (219) 671-1662

    3 in this area

    68 Total Sales

    Diane Schwader
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR484894

Northwest Indiana Association of REALTORS®

APN: 45-08-30-276-021.000-001

Indiana Lake County Gary 46408 Ross

3228 W 40th Ave, Gary, IN

Not Listed for Sale

Detached

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Northwest Indiana Association of REALTORS® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple 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.
Based on information submitted to the MLS GRID

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