NOT LISTED FOR SALE

3235 W 40th Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $158,000 - $183,000

3 Beds
1 Bath
1,034 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $105,000 $102 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,044/month

24 Days on Market

Highlights

  • Deck
  • 1.5 Car Attached Garage
  • Living Room
  • Ranch Style House
  • Cooling Available
  • Bathroom on Main Level

About This Home

As of December 2020

Welcome to this hill side ranch on a basement. Hardwood flooring throughout, New siding, new sump pump, new water softer, fenced in large back yard....which you can look out off of your huge back deck. Tons of storage in the basement, potential for additional bedrooms downstairs, 25 by 11 walled in already to do so ! Come check it out for yourself !

Last Agent to Sell the Property

Dawn Veness

McColly Real Estate License #RB14036299 Listed on: 09/13/2020

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $318

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 1.5 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,034 Sq Ft Home
  • Living Room
  • Dining Room
  • Oven

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic System

Community Details

  • Iohman Oaks Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450830277011000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$318

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road
  • ResoOtherEquipment: Sump Pump
  • Co List Office Mls Id: GNR1775
  • Co List Office Mls Id: GNR1775
  • Subdivision Name: Iohman Oaks
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 1034
  • 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: Dryer, Refrigerator, Oven, Washer, Water Softener Owned
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Walk Out
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck, Fence
  • Acres: 0.258

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Attached

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 75 x 150
  • Lot Size Sq Ft: 11238
  • Parcel #: 450830277011000001

Tax Info

  • Year: 2019
  • Tax Annual Amount: 318

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Nov 20, 2020
Sold by
Gidley John Charles
Bought by
Shabazz Jones Sheeba
Seller's Agent
Dawn Veness
McColly Real Estate
List Price
$105,000
Sold Price
$105,000
Current Estimated Value
$165,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,552
Avg. Annual Appreciation
9.86%
Original Mortgage
$103,098
Outstanding Balance
$91,743
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$73,809
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shabazz Jones Sheeba -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shabazz Jones Sheeba $103,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $105,000 0.0% $102 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $105,000 -- $102 / 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 $5,252 $125,700 $14,300 $111,400
2023 $1,233 $123,300 $14,300 $109,000
2022 $1,225 $122,500 $14,100 $108,400
2021 $1,144 $114,400 $14,100 $100,300
2020 $107 $71,600 $14,100 $57,500
2019 $318 $70,600 $13,700 $56,900
2018 $270 $64,200 $13,000 $51,200
2017 $303 $69,900 $12,700 $57,200
2016 $276 $68,500 $12,000 $56,500
2014 $216 $73,500 $14,400 $59,100
2013 $184 $71,200 $14,400 $56,800
Source: Public Records

Agents Affiliated with this Home

  • Dawn Veness

    Seller's Agent in 2020

    Dawn Veness

    McColly Real Estate

    (219) 746-3864

    2 in this area

    184 Total Sales

    Dawn Veness
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR481654

Northwest Indiana Association of REALTORS®

APN: 45-08-30-277-011.000-001

Indiana Lake County Gary 46408 Ross

3235 W 40th Ave, Gary, IN

This home is located at 3235 W 40th Ave, Gary, IN 46408 since 13 September 2020 and is currently estimated at $165,552, approximately $160 per square foot. This property was built in 1957. 3235 W 40th Ave is a home located in Lake County with nearby schools including Calumet High School, Steel City Academy, and Ambassador Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® 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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