NOT LISTED FOR SALE

5840 W 45th Ave Gary, IN 46408

Ross Neighborhood

Estimated Value: $109,000 - $161,000

2 Beds
1 Bath
840 Sq Ft
$162/Sq Ft Est. Value

About This Home

This home is located at 5840 W 45th Ave, Gary, IN 46408 and is currently estimated at $135,967, approximately $161 per square foot. 5840 W 45th Ave is a home located in Lake County with nearby schools including Calumet High School, Calumet Christian School, and St Mary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Farkas Thomas M
Bought by
Farkas Kenneth R and Beam Sharon
Current Estimated Value
$135,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,025
Outstanding Balance
$65,025
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$67,882

Purchase Details

Closed on
Jun 16, 2021
Sold by
Estate Of Thomas M Farkas
Bought by
Board Of Commissioners Of Lake County

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Farkas Kenneth R -- Meridian Title
Board Of Commissioners Of Lake County $3,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farkas Kenneth R $65,025
Source: Public Records

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 $3,506 $86,700 $18,800 $67,900
2023 $1,145 $82,300 $18,800 $63,500
2022 $1,145 $82,100 $14,800 $67,300
2021 $662 $63,700 $14,800 $48,900
2020 $598 $62,900 $14,800 $48,100
2019 $704 $61,400 $14,100 $47,300
2018 $704 $55,000 $13,500 $41,500
2017 $715 $57,200 $13,500 $43,700
2016 $684 $58,000 $13,200 $44,800
2014 $550 $59,600 $13,500 $46,100
2013 $514 $59,400 $13,500 $45,900
Source: Public Records

Map

Indiana Lake County Gary 46319 Ross

5840 W 45th Ave, Gary, IN

Homes for Sale in Gary, IN

This home is located at 5840 W 45th Ave, Gary, IN 46408 and is currently estimated at $135,967, approximately $161 per square foot. 5840 W 45th Ave is a home located in Lake County with nearby schools including Calumet High School, Calumet Christian School, and St Mary School.

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