2240 Oak Ln
Gary, IN 46408
3 bd 3 ba 3,662 sqft Built 1957 Lot 14,854 sqft single_family
Most recent sale
$235,625
Aug 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 10, 2022 | Sold | $235,625 | Public Record |
| Aug 5, 2022 | Sold | $190,000 | NIRA |
| Jun 14, 2022 | Listed | $174,500 | MLS #514310 |
| Aug 16, 2017 | Sold | $115,187 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $197,300 | $22,100 | $219,400 | $2,194 |
| 2022 | $62,300 | $30,400 | $92,700 | $927 |
| 2021 | $62,300 | $30,400 | $92,700 | $1,854 |
| 2020 | $62,300 | $30,400 | $92,700 | $1,854 |
| 2019 | $62,300 | $30,400 | $92,700 | $1,939 |
| 2018 | $94,000 | $21,200 | $115,200 | $3,398 |
| 2017 | $103,800 | $21,200 | $125,000 | $1,838 |
| 2016 | $108,700 | $21,200 | $129,900 | $1,905 |
| 2015 | $113,200 | $21,900 | $135,100 | $1,947 |
| 2014 | $113,300 | $21,900 | $135,200 | $1,931 |
| 2013 | $109,500 | $21,900 | $131,400 | $1,981 |
| 2012 | $108,700 | $21,900 | $130,600 | $2,187 |
| 2011 | $104,600 | $21,900 | $126,500 | $1,966 |
| 2010 | $93,500 | $20,400 | $113,900 | $1,607 |
| 2009 | $93,500 | $20,400 | $113,900 | $1,616 |
| 2008 | $95,400 | $20,800 | $116,200 | $1,520 |
| 2005 | $83,200 | $19,500 | $102,700 | $1,964 |
Property facts
Year built
1957
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
3,662 sqft
Lot size
14,854 sqft
ZIP code
46408
City
Gary
Street
Oak Ln
Coordinates
41.54271, -87.36382
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,414
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2240 Oak Ln last sell?
2240 Oak Ln most recently sold on Aug 10, 2022 for $235,625.
What is the current tax assessment for 2240 Oak Ln?
The most recent total assessment for 2240 Oak Ln (year 2024) is $219,400 with $2,194 in property tax.
How does 2240 Oak Ln's assessment compare to its last sale price?
The current assessment is 6.9% below the last sale price of $235,625.
When was 2240 Oak Ln built?
2240 Oak Ln was built in 1957.
How does 2240 Oak Ln compare to others on Oak Ln?
We track 6 other properties on Oak Ln. Browse the list under "Other properties on Oak Ln" to compare beds, baths, and sale history.
What are the property facts for 2240 Oak Ln?
2240 Oak Ln is a 3 bed, 3 bath, 3,662 sqft, 14,854 sqft lot single_family.
Is 2240 Oak Ln a flip candidate?
Yes — 2240 Oak Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2240 Oak Ln a tax-appeal candidate?
No — 2240 Oak Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$153.8K
2026 Q4
$153.8K
ZIP 46408 — Median Price History + Forecast
Explore nearby
Other properties on Oak Ln