NOT LISTED FOR SALE

3409 W 40th Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $121,000 - $152,000

3 Beds
1 Bath
950 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $24,000 $25 Per Sq Ft

Est. 454% increase in value since last sale

Current estimated payment $989/month

5 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Living Room
  • Ranch Style House
  • Cooling Available
  • Bathroom on Main Level

About This Home

As of October 2017

Great starter home or investment property! Three bedroom ranch with a two car garage on a large lot. Some other features include: Spacious eat-in kitchen, separate utility room, storage shed, two wood decks, and more. This one won't last long. Case #156-172055 / Insured Status:UI / www.hudhomestore.com

Last Agent to Sell the Property

Ryan Behrens

RE/MAX 10 Schererville License #RB16000852 Listed on: 08/24/2017

RE/MAX 10 Schererville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 1953

Lot Details

  • 0.33 Acre Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 950 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

  • Lohman Oaks Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450830277004000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1102
  • Subdivision Name: Lohman Oaks
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • 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: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck, Storage Shed
  • Acres: 0.331

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Lake Ridge

Lot Info

  • Lot Dimensions: 14418
  • Lot Size Sq Ft: 14418
  • Parcel #: 450830277004000001

Tax Info

  • Year: 2016
  • Tax Annual Amount: 536

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2017
Closed on
Nov 9, 2017
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Recinos Roberto C
Seller's Agent
Ryan Behrens
RE/MAX 10 Schererville
List Price
$24,000
Sold Price
$24,000
Current Estimated Value
$132,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,876
Avg. Annual Appreciation
24.50%

Purchase Details

Closed on
Jul 27, 2017
Sold by
Home Point Financial Corp
Bought by
United States Department Of Hud

Purchase Details

Closed on
May 31, 2017
Sold by
Oldenberg Joshua D
Bought by
Stonegate Mortgage Corporation

Purchase Details

Listed on
Oct 1, 2012
Closed on
May 3, 2013
Sold by
Mattingly Chadd E and Betusak Jennifer J
Bought by
Oldenberg Joshua D
Seller's Agent
Dana Rettig
McColly Real Estate
List Price
$74,900
Sold Price
$74,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$73,514
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2009
Sold by
Mattingly Chadd E
Bought by
Mattingly Chadd E and Betusak Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,243
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2008
Sold by
Citimortgage Inc
Bought by
Mattingly Chadd E

Purchase Details

Closed on
Nov 16, 2007
Sold by
Louie Judy
Bought by
Citimortgage Inc
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
Recinos Roberto C -- Fidelity National Title Co
United States Department Of Hud -- None Available
Stonegate Mortgage Corporation $32,250 None Available
Oldenberg Joshua D -- None Available
Mattingly Chadd E -- Meridian Title Corp
Mattingly Chadd E -- Metropolitan Title In Llc
Citimortgage Inc $25,150 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oldenberg Joshua D $73,514
Previous Owner Mattingly Chadd E $56,980
Previous Owner Mattingly Chadd E $43,243
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $24,000 0.0% $25 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $24,000 -68.0% $25 / Sq Ft
05/03/2013 05/03/13 Sold $74,900 0.0% $76 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
10/01/2012 10/01/12 For Sale $74,900 -- $76 / 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 $3,174 $73,200 $16,800 $56,400
2023 $737 $74,500 $16,800 $57,700
2022 $737 $73,700 $16,600 $57,100
2021 $679 $69,500 $16,600 $52,900
2020 $613 $69,100 $16,600 $52,500
2019 $815 $68,000 $16,100 $51,900
2018 $1,877 $62,000 $15,300 $46,700
2017 $581 $49,700 $14,900 $34,800
2016 $536 $48,400 $14,100 $34,300
2014 $454 $53,600 $16,900 $36,700
2013 $409 $51,600 $16,900 $34,700
Source: Public Records

Agents Affiliated with this Home

  • Ryan Behrens

    Seller's Agent in 2017

    Ryan Behrens

    RE/MAX

    (815) 791-1715

    136 Total Sales

    Section Image

  • D

    Seller's Agent in 2013

    Dana Rettig

    McColly Real Estate

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR421138

Northwest Indiana Association of REALTORS®

APN: 45-08-30-277-004.000-001

Indiana Lake County Gary 46408 Ross

3409 W 40th Ave, Gary, IN

This home is located at 3409 W 40th Ave, Gary, IN 46408 since 24 August 2017 and is currently estimated at $132,876, approximately $139 per square foot. This property was built in 1953. 3409 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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