5742 Forest Ct, Gary, IN 46403 Property Records

Lake County property record for 5742 Forest Ct, Gary, IN 46403

Property Summary

Property Type	Apartments (5+ Units)
Details	32,874 sqft · built 1966
Lot Size	0.898 acres (39,117 sqft)
Owner	Company Name on Record
Tax Bill	$20,043 (2024)
Deeds & Mortgages	Dec 2018 Mortgage Jul 2018 Loan Modification + 1 more
Flood Zone	Zone X (minimal risk)
APN	`001-25-40-0110-0001`

Property Details

APN / Parcel Number

Primary APN	`001-25-40-0110-0001`
Alternative APNs	`45-05-31-401-001.000-004` `254001100001`

Interior

Units	54 Units
Stories	2 Stories
Building Area	32,874 sqft Living Area
1st Floor Area	10,958 sqft

Exterior

Year Built	Built 1966
Effective Year Built	Effective 1988
Exterior Material	Brick
Construction Type	Brick
Lot Area	39,117 sqft (0.898 acres)

Utilities, Heating & Cooling

Heating Fuel	Gas
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	5742 FOREST CT
City	GARY
State	IN
Zip	46403-1085
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	PT. GOV. LOT 5 E1/2 SEC. S.31 T.37 R.7 .8894A. SUBJ. TO RIGHTS
Legal Range	7W
Legal Township	37N
Legal Section	31
Legal Subdivision	JOHNSON-KENNEDY ESTATES 02
Legal Lot Number	5
Jurisdiction	LAKE IN
Township / Civil Division	CALUMET
Census Block Group	2
Census Block	2017
Census Tract	10206

Owner

Source: Lake County records, as of April 14, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	5014 16TH AVE, BROOKLYN, NY 11204-1482
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Dec 21, 2018	Warranty Deed, Transfer · Commercial Mortgage THE BANCORP BANK
Jul 24, 2018	Loan Modification, Mortgage FIRST MIDWEST BK
Jul 19, 2018	Loan Modification, Mortgage FIRST MIDWEST BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 9, 2022
Deed Sale	Dec 9, 2022
Prior Sale	Sep 27, 2021 · Amount on Record
Deed Document Number	202240750
Record Updated	Jun 8, 2026

December 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LAKE IN
Recording Date	Dec 21, 2018
Property Address	5742 FOREST CT, GARY, IN 46403-1085
Document Number	0000088518
Map Reference	MB A PG 15
Instrument	2018 088518
Transaction Type	Transfer
Record Updated	Aug 8, 2022
Title Company	CHICAGO TITLE INSURANCE CO

Transaction

Tax	$0.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	806 GREENWOOD ST, 806, EVANSTON, IL 60201-4312

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	89 SMITHWOOD DRIVE TORONTO ONTARIO M9B 4S3 CANADA, XX 00000
Investor	Possibly a Property Investor

Mortgage

Document Number	0000088519
Date	Dec 21, 2018
Instrument	2018 088519

Lender

Name	THE BANCORP BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

July 2018: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	LAKE IN
Recording Date	Jul 24, 2018
Property Address	5742 FOREST CT, GARY, IN 46403-1085
Instrument Date	Jun 1, 2018
Instrument	46738
Transaction Type	Mortgage
Record Updated	Aug 16, 2018
Title Company	OTHER

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	440 N LAKE ST GARY IN 464031154, GARY, IN 46403-1154

Mortgage

Document Number	0000046738
Date	Jul 24, 2018
Instrument	46738

Lender

Name	FIRST MIDWEST BK
Type	Bank
Address	8750 W BRYN MAWR AVE # 1300, CHICAGO, IL 60631-3655

Agreement

Amount	Amount Recorded
Term	12 Months
Due	Jul 23, 2019

July 2018: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	LAKE IN
Recording Date	Jul 19, 2018
Property Address	5742 FOREST CT, GARY, IN 46403-1085
Instrument Date	Jun 1, 2018
Instrument	45699
Transaction Type	Mortgage
Record Updated	Aug 14, 2018
Title Company	CHICAGO TITLE COMPANY

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	501 N LAKE ST #533 GARY IN 46403, 533, GARY, IN 46403

Mortgage

Document Number	0000045699
Date	Jul 19, 2018
Instrument	45699

Lender

Name	FIRST MIDWEST BK
Type	Bank
Address	8750 W BRYN MAWR AVE # 1300, CHICAGO, IL 60631-3655

Agreement

Amount	Amount Recorded
Term	12 Months
Due	Jul 18, 2019

Tax Assessment & Valuation

Source: Lake County assessment roll, as of December 29, 2025

Property Jurisdictions

Type	Name
State	Indiana
County	Lake County
County Subdivision	Calumet Township
Municipality	Gary City
Unified School District	Gary Community School Corporation (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$1,132,400 (+45.52%) Land $43,400 Building $1,089,000	$1,132,400 (+45.52%) Land $43,400 Building $1,089,000
2024	$20,043.00 (-15.92%)
2023		$778,200 (-16.37%) Land $43,400 Building $734,800	$778,200 (-16.37%) Land $43,400 Building $734,800
2022	$23,839.00	$930,500 Land $43,400 Building $887,100	$930,500 Land $43,400 Building $887,100

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective October 16, 2024

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 73% of Indiana
Wildfire Likelihood	0.03% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	INDIANA AMERICAN WATER - NORTHWEST private · serves 210,510 people · EPA ID IN5245015
Water Source	Surface water
Last State Inspection	Jun 2025
Lead	3 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 152 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL in parts of the area	5,000 / 5,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

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