NOT LISTED FOR SALE

3315 W 40th Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $179,000 - $216,000

3 Beds
1.5 Baths
1,244 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $140,000 $113 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,195/month

53 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • 1-Story Property
  • No HOA
  • 1 Car Attached Garage
  • Outdoor Storage

About This Home

As of December 2021

Seller has given buyer 4 extensions--make offer! Room for the entire family in this 2,000 sq ft rancher with full basement and attached garage. Living room is carpeted but has hardwood floors underneath, some hard wood exposed throughout, good sized country kitchen with appliances, large dining room with 9 x 9 screened sitting porch off dining, great views of large fenced rear yard with storage shed, pleasant office or den between kitchen and attached garage, 3 bedrooms and full bath on main, plus a shower in the basement. Basement is open concept and has a sitting/living room area and pool table, plus storage room, and ldy room with washer - 7 yrs and dryer, roof - 2008, and hvac (furnace and a/c) 7 years, gdo and overhead door new, septic pumped - 1 yr, extra deep well, newly paved streets, Longfellow Elementary, Calumet New Tech High school. Owner says quiet neighborhood with friendly neighbors.

Last Agent to Sell the Property

Tina Douglass

McColly Real Estate License #RB14048605 Listed on: 07/26/2021

McColly Real Estate

Last Buyer's Agent

Maria Becerra

McColly Real Estate License #RB14037963

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150
  • Fenced

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Interior Spaces

  • 1,244 Sq Ft Home
  • 1-Story Property
  • Gas Range
  • Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Longfellow Elementary School
  • Calumet New Tech High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 450830277009000001

Community Details

Overview

  • No Home Owners Association
  • Lohman Oaks Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$897

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: Other
  • Co List Office Mls Id: NRA254
  • Subdivision Name: Lohman Oaks
  • Above Grade Finished Sq Ft: 1244
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Gas Range, Refrigerator, Washer
  • Interior Amenities: Primary Downstairs
  • Basement: Interior Entry
  • Flooring: Carpet, Hardwood, Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Other, Storage
  • Fencing: Fenced
  • Acres: 0.258
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Porch, Screened

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75 x 150
  • Lot Size Sq Ft: 11238
  • Parcel #: 450830277009000001

Tax Info

  • Year: 2020
  • Tax Annual Amount: 897

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
Jul 26, 2021
Closed on
Oct 26, 2021
Sold by
Caldwell Jeanine
Bought by
Moreno Juan Joaquin Reyes
Seller's Agent
Tina Douglass
McColly Real Estate
Buyer's Agent
Maria Becerra
McColly Real Estate
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$189,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,128
Avg. Annual Appreciation
8.15%
Original Mortgage
$137,464
Interest Rate
3.14%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 21, 2020
Sold by
Stinar Clare A and Stinar Joan Charlotte
Bought by
Caldwell Jeanine
Seller's Agent
David Barrick
Coldwell Banker Real Estate Gr
Buyer's Agent
Rhonda Strouble
Evers Realty Group
List Price
$107,500
Sold Price
$107,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.92%
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 Buyer Sale Price Title Company
Moreno Juan Joaquin Reyes -- Community Title Company
Caldwell Jeanine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreno Juan Joaquin Reyes $137,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2021 12/03/21 Sold $140,000 0.0% $113 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $140,000 +30.2% $113 / Sq Ft
08/24/2020 08/24/20 Sold $107,500 0.0% $86 / Sq Ft View Prior Sale
08/20/2020 08/20/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $107,500 -- $86 / 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 $5,938 $143,700 $14,300 $129,400
2023 $1,394 $139,400 $14,300 $125,100
2022 $1,387 $138,700 $14,100 $124,600
2021 $1,013 $105,700 $14,100 $91,600
2020 $897 $89,700 $14,100 $75,600
2019 $971 $88,600 $13,700 $74,900
2018 $987 $80,400 $13,000 $67,400
2017 $941 $79,300 $12,700 $66,600
2016 $850 $77,800 $12,000 $65,800
2014 $895 $87,300 $14,400 $72,900
2013 $783 $84,500 $14,400 $70,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tina Douglass

    McColly Real Estate

    (219) 808-3236

    2 in this area

    52 Total Sales

    Tina Douglass
    Section Image
  • Maria Becerra

    Buyer's Agent in 2021

    Maria Becerra

    McColly Real Estate

    (219) 484-3055

    3 in this area

    90 Total Sales

    Maria Becerra
    Section Image
  • David Barrick

    Seller's Agent in 2020

    David Barrick

    Coldwell Banker Real Estate Gr

    (219) 712-9597

    1 in this area

    97 Total Sales

    David Barrick
    Section Image
  • Rhonda Strouble

    Buyer's Agent in 2020

    Rhonda Strouble

    Evers Realty Group

    (219) 699-0277

    1 in this area

    45 Total Sales

    Rhonda Strouble
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 497496

Northwest Indiana Association of REALTORS®

APN: 45-08-30-277-009.000-001

Indiana Lake County Gary 46408 Ross

3315 W 40th Ave, Gary, IN

This home is located at 3315 W 40th Ave, Gary, IN 46408 since 26 July 2021 and is currently estimated at $189,128, approximately $152 per square foot. This property was built in 1954. 3315 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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