NOT LISTED FOR SALE

3405 W 40th Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $196,000 - $306,000

4 Beds
1.5 Baths
2,696 Sq Ft
$90/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $145,000 $54 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,851/month

87 Days on Market

Highlights

  • Deck
  • No HOA
  • 2.5 Car Detached Garage
  • Whirlpool Bathtub
  • Covered Patio or Porch
  • Skylights

About This Home

As of December 2019

Covered Porch! Beautiful Stone Fireplace. Eat-in Kitchen

Last Agent to Sell the Property

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 08/09/2019

Co-Listed By

Trinity McCormick

McCormick Real Estate, Inc. License #RB14034169

Last Buyer's Agent

Ed Del Real

McColly Real Estate License #RB14036438

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,547

Year Built

  • Built in 1951

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Fenced
  • Landscaped

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Tri-Level Property

Interior Spaces

  • Skylights
  • Great Room with Fireplace
  • Living Room with Fireplace

Kitchen

  • Country Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 450830277005000001

Community Details

Overview

  • No Home Owners Association
  • Lohman Oaks Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,547

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Landscaped, Paved
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1136
  • Co List Office Mls Id: NRA1136
  • Subdivision Name: Lohman Oaks
  • Above Grade Finished Sq Ft: 1560
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • Reso Other Structures: Shed(s), Storage
  • Property Attached Yn: No
  • ResoWindowFeatures: Skylight(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Country Kitchen, Whirlpool Tub
  • Basement: Crawl Space
  • Flooring: Carpet, Linoleum, Tile, Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1136
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced
  • Acres: 0.258
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Porch

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage Door Opener

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: 75x150
  • Lot Size Sq Ft: 11238
  • Parcel #: 450830277005000001

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1547

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Dec 13, 2019
Sold by
Garner Jack
Bought by
Weatherington Michele
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Ed Del Real
McColly Real Estate
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$242,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,100
Avg. Annual Appreciation
9.30%
Original Mortgage
$140,650
Outstanding Balance
$124,536
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$117,727

Purchase Details

Listed on
Feb 14, 2013
Closed on
Jun 14, 2013
Sold by
Mattingly Duane and Mattingly Susan
Bought by
Garner Jack
Seller's Agent
Gayle Roberts
McColly Real Estate
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%
Original Mortgage
$127,645
Interest Rate
4.25%
Mortgage Type
FHA
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
Weatherington Michele -- Greater Indiana Title Co
Garner Jack -- Community Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weatherington Michele $140,650
Previous Owner Garner Jack $127,645
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2019 12/13/19 Sold $145,000 0.0% $54 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $145,000 +11.5% $54 / Sq Ft
06/14/2013 06/14/13 Sold $130,000 0.0% $48 / Sq Ft View Prior Sale
05/09/2013 05/09/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $130,000 -- $48 / 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 $6,743 $158,300 $14,300 $144,000
2023 $1,583 $158,300 $14,300 $144,000
2022 $1,558 $157,200 $14,100 $143,100
2021 $1,437 $145,000 $14,100 $130,900
2020 $1,423 $143,600 $14,100 $129,500
2019 $1,220 $114,800 $13,700 $101,100
2018 $1,459 $104,100 $13,000 $91,100
2017 $1,547 $108,300 $12,700 $95,600
2016 $1,437 $106,500 $12,000 $94,500
2014 $1,441 $116,500 $14,400 $102,100
2013 $1,526 $125,400 $14,400 $111,000
Source: Public Records

Agents Affiliated with this Home

  • Jeff McCormick

    Seller's Agent in 2019

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 613-5643

    11 in this area

    707 Total Sales

    Jeff McCormick
    Section Image
  • Trinity McCormick

    Seller Co-Listing Agent in 2019

    Trinity McCormick

    McCormick Real Estate, Inc.

    (219) 613-6464

    21 Total Sales

    Trinity McCormick
    Section Image
  • Ed Del Real

    Buyer's Agent in 2019

    Ed Del Real

    McColly Real Estate

    (708) 214-4744

    1 in this area

    124 Total Sales

    Ed Del Real
    Section Image

  • G

    Seller's Agent in 2013

    Gayle Roberts

    McColly Real Estate

  • E

    Seller Co-Listing Agent in 2013

    Eugene Roberts

    McColly Real Estate

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 460665

Northwest Indiana Association of REALTORS®

APN: 45-08-30-277-005.000-001

Indiana Lake County Gary 46408 Ross

3405 W 40th Ave, Gary, IN

This home is located at 3405 W 40th Ave, Gary, IN 46408 since 09 August 2019 and is currently estimated at $242,100, approximately $89 per square foot. This property was built in 1951. 3405 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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