NOT LISTED FOR SALE

711 E 40th Ave Gary, IN 46409

Glen Park Neighborhood

Estimated Value: $33,000 - $122,000

3 Beds
1 Bath
816 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 12, 2025

Last sale price $10,000 $12 Per Sq Ft

Est. 668% increase in value since last sale

Current estimated payment $505/month

100 Days on Market

Highlights

  • City View
  • Living Room
  • 1-Story Property
  • No HOA

About This Home

As of May 2025

Fixer upper 2 bedroom 1 bath with full basement. Needs full rehab

Last Agent to Sell the Property

Lia Dawson

Region Real Estate LLC License #RB14025601 Listed on: 01/22/2025

Last Buyer's Agent

Kathleen Schroeder

McColly Real Estate License #RB17001359

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $152

Year Built

  • Built in 1922

Lot Details

  • 6,186 Sq Ft Lot
  • Lot Dimensions are 50x125

Home Design

  • Fixer Upper

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Views
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Great Gary Realty Companys Add 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450827184003000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$152

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1922
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: City Lot
  • Reso View: City
  • Co List Office Mls Id: NRA758
  • Subdivision Name: Great Gary Realty Companys Add 01
  • Above Grade Finished Sq Ft: 816
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Basement: Unfinished
  • Flooring: Other
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: None
  • Acres: 0.142
  • Waterfront: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6186
  • Parcel #: 450827184003000004

Tax Info

  • Year: 2023
  • Tax Annual Amount: 152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
May 12, 2025
Sold by
Qrp Krisbi Llc
Bought by
Fti Holdings Llc
Seller's Agent
Lia Dawson
Region Real Estate LLC
Buyer's Agent
Kathleen Schroeder
McColly Real Estate
List Price
$14,900
Sold Price
$10,000
Premium/Discount to List
-$4,900
-32.89%
Views
116
Current Estimated Value
$76,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,830
Avg. Annual Appreciation
11365.00%

Purchase Details

Closed on
Jan 4, 2025
Sold by
Lake Falls Llc
Bought by
Qrp Krisbi Llc

Purchase Details

Closed on
Oct 10, 2024
Sold by
Auditor Of Lake County
Bought by
Lake Falls Llc
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
Fti Holdings Llc -- Meridian Title
Qrp Krisbi Llc -- None Listed On Document
Lake Falls Llc $6,200 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2025 05/12/25 Sold $10,000 -16.0% $12 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
03/26/2025 03/26/25 Price Changed $11,900 -20.1% $15 / Sq Ft
01/22/2025 01/22/25 For Sale $14,900 -- $18 / 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 $1,190 $8,600 $3,500 $5,100
2023 $152 $13,500 $8,500 $5,000
2022 $154 $13,400 $8,600 $4,800
2021 $149 $13,000 $8,600 $4,400
2020 $355 $31,000 $8,600 $22,400
2019 $1,455 $34,200 $9,500 $24,700
2018 $1,245 $34,200 $9,500 $24,700
2017 $360 $34,500 $9,500 $25,000
2016 $477 $46,100 $9,500 $36,600
2014 $500 $45,900 $9,700 $36,200
2013 $468 $44,000 $9,700 $34,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Lia Dawson

    Region Real Estate LLC

    (219) 712-9928

    63 in this area

    249 Total Sales

    Lia Dawson
    Section Image
  • Kathleen Schroeder

    Buyer's Agent in 2025

    Kathleen Schroeder

    McColly Real Estate

    (708) 966-9612

    1 in this area

    67 Total Sales

    Kathleen Schroeder
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 815233

Northwest Indiana Association of REALTORS®

APN: 45-08-27-184-003.000-004

Indiana Lake County Gary 46409 Glen Park

711 E 40th Ave, Gary, IN

This home is located at 711 E 40th Ave, Gary, IN 46409 since 22 January 2025 and is currently estimated at $76,830, approximately $94 per square foot. This property was built in 1922. 711 E 40th Ave is a home located in Lake County with nearby schools including Glen Park Academy for Excellence in Learning, Bailly Preparatory Academy, and West Side Leadership 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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