2040 Lane St, Gary, IN 46404 offers a 3 bed, 1 bath layout with 925 sq ft of living space in good condition with cosmetic updates. The home features a functional floor plan with comfortable living areas and well-sized bedrooms. The kitchen and dining spaces provide great potential for personalization. Foundation is solid, with electrical and plumbing systems reported in good condition. Ideal as a starter home or investment opportunity in a convenient location. Property sold AS-I
Active
Price cut: $5K (7/30)
$80,000
2040 Lane St, Gary, IN 46404
3beds
925sqft
:
Get pre-qualified$579/mo
Single Family Residence
Built in 1955
7,274 Square Feet Lot
$-- Zestimate®
$86/sqft
$-- HOA
What's special
Well-sized bedroomsFunctional floor plan
- 42 days |
- 567 |
- 39 |
Zillow last checked:
Listing updated:
Listed by:
Keri Hir,
Keri Hir 708-560-1282
Source: NIRA as distributed by MLS GRID,MLS#: 841601
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Living Room, Kitchen, Bedroom 3
Primary bedroom
- Level: Main
- Area: 130
- Dimensions: 13.0 x 10.0
Bedroom 2
- Level: Main
- Area: 110
- Dimensions: 11.0 x 10.0
Bedroom 3
- Level: Main
- Area: 110
- Dimensions: 11.0 x 10.0
Kitchen
- Level: Main
- Area: 168
- Dimensions: 14.0 x 12.0
Living room
- Description: 270 168 130 110
- Level: Main
- Area: 270
- Dimensions: 18.0 x 15.0
Heating
- Forced Air
Appliances
- Included: Refrigerator
Features
- None
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 925
- Total interior livable area: 925 sqft
- Finished area above ground: 925
Property
Parking
- Total spaces: 2
- Parking features: Attached, Driveway
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Fencing: Back Yard
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,274 Square Feet
- Features: Back Yard
Details
- Parcel number: 450807379013000004
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Tarrytown First Sub
HOA
- Has HOA: No
Location
- Region: Gary
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $47,700
- Annual tax amount: $1,196
- Date on market: 7/2/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,430/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Price change | $80,000-5.9%$86/sqft |
Source:  NIRA as distributed by MLS GRID #841601 Report a problem | ||
| 7/23/2026 | Price change | $85,000-5.6%$92/sqft |
Source: NIRA as distributed by MLS GRID #841601 Report a problem | ||
| 7/20/2026 | Price change | $90,000-5.3%$97/sqft |
Source: NIRA as distributed by MLS GRID #841601 Report a problem | ||
| 7/2/2026 | Listed for sale | $95,000+1483.3%$103/sqft |
Source: NIRA as distributed by MLS GRID #841601 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/27/2016 | Listing removed | $6,000$6/sqft |
Source: Owner Report a problem | ||
| 4/15/2016 | Listed for sale | $6,000+172.7%$6/sqft |
Source: Owner Report a problem | ||
| 10/27/2015 | Sold | $2,200$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,196 +7.4% | $70,200 +47.2% |
| 2024 | $1,115 +14.2% | $47,700 +7.9% |
| 2023 | $976 +7.9% | $44,200 +16% |
| 2022 | $904 +2.9% | $38,100 +7.9% |
| 2021 | $879 | $35,300 +2.9% |
| 2020 | -- | $34,300 +363.5% |
| 2019 | $338 +0.4% | $7,400 |
| 2018 | $337 +87.8% | $7,400 |
| 2017 | $179 | $7,400 -2.6% |
| 2016 | $179 -79.3% | $7,600 -79.5% |
| 2014 | $866 +6.2% | $37,000 +1.9% |
| 2013 | $816 +0.4% | $36,300 +3.7% |
| 2012 | $812 -16.8% | $35,000 -14% |
| 2011 | $976 -15.7% | $40,700 -12.1% |
| 2010 | $1,157 | $46,300 +3.1% |
| 2009 | -- | $44,900 +10.3% |
| 2007 | -- | $40,700 +45.9% |
| 2006 | -- | $27,900 |
| 2005 | -- | $27,900 +82.4% |
| 2002 | -- | $15,300 +200% |
| 2001 | -- | $5,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Tolleston
Nearby schools
GreatSchools rating
- 3/10Frankie W McCullough AcademyGrades: PK-5Distance: 2 mi
- 4/10Bailly Preparatory AcademyGrades: 6-8Distance: 4.7 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 1.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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