3242 W 40th Ave Gary, IN 46408
Ross NeighborhoodEstimated Value: $157,847 - $191,000
5
Beds
2
Baths
2,100
Sq Ft
$81/Sq Ft
Est. Value
Highlights
- 0.68 Acre Lot
- Country Kitchen
- Patio
- Ranch Style House
- In-Law or Guest Suite
- Living Room
About This Home
As of May 2018Are you kidding me??? Duplex for the price of a single family home. Let your tenant pay your mortgage or extend your family to both sides. Each unit is 1,050 square feet with a full basement and sitting on .68+ acres. Huge back yard and front and priced below market value. Needs a bit of TLC but the potential is unbelievable. Located just off of Route #6 and easy access to I80. Schedule your appointment before someone else jumps on this one...
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,515
Year Built
- Built in 1969
Lot Details
- 0.68 Acre Lot
- Lot Dimensions are 100 x 298
- Fenced
Home Design
- Ranch Style House
- Vinyl Siding
Interior Spaces
- 2,100 Sq Ft Home
- Living Room
- Walk-Out Basement
- Country Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- In-Law or Guest Suite
- Bathroom on Main Level
- 2 Full Bathrooms
Outdoor Features
- Patio
- Storage Shed
Schools
- Calumet New Tech High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- No Utilities
- Well
- Septic System
Community Details
- Lohman Oaks Subdivision
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 450830276020000001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 19, 2024
Sold by
Se Cove Properties Llc
Bought by
Williams Angenee
Total Days on Market
24
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
$156,462
Outstanding Balance
$154,718
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$15,129
Purchase Details
Listed on
Feb 21, 2018
Closed on
May 15, 2018
Sold by
Pfeiffer Jenny and Estate Of Carmella P Henton
Bought by
S E Cove Proerties Llc
Seller's Agent
Jason Harrigan
Listing Leaders
List Price
$69,900
Sold Price
$69,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$58,500
Interest Rate
4.4%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Similar Homes in Gary, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Angenee | -- | None Listed On Document | |
| S E Cove Proerties Llc | -- | Meridian Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Angenee | $156,462 | |
| Previous Owner | Se Cove Properties Llc | $126,000 | |
| Previous Owner | Se Cove Properties Llc | $86,625 | |
| Previous Owner | S E Cove Proerties Llc | $58,500 | |
| Previous Owner | Helton Carmella | $30,000 | |
| Previous Owner | Helton Carmella | $36,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2018 05/15/18 | Sold | $69,900 | 0.0% | $33 / Sq Ft |
| 03/17/2018 03/17/18 | Pending | -- | -- | -- |
| 02/21/2018 02/21/18 | For Sale | $69,900 | -- | $33 / 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 | $3,574 | $89,900 | $21,200 | $68,700 |
| 2023 | $1,696 | $83,900 | $21,200 | $62,700 |
| 2022 | $1,696 | $84,400 | $21,000 | $63,400 |
| 2021 | $1,583 | $78,800 | $21,000 | $57,800 |
| 2020 | $1,565 | $77,900 | $21,000 | $56,900 |
| 2019 | $1,737 | $82,000 | $20,000 | $62,000 |
| 2018 | $2,849 | $96,300 | $19,100 | $77,200 |
| 2017 | $1,482 | $114,800 | $19,100 | $95,700 |
| 2016 | $1,515 | $117,000 | $18,700 | $98,300 |
| 2014 | $1,026 | $114,400 | $19,100 | $95,300 |
| 2013 | $1,861 | $151,300 | $19,100 | $132,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Harrigan
Seller's Agent in 2018
Jason Harrigan
Listing Leaders
(219) 742-4992
35 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: GNR429610
APN: 45-08-30-276-020.000-001
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.
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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