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1004 Chicago Street

1004 Chicago Street, Valparaiso, IN 46383
Property in Center
Sold Aug 05, 2021
$278,900
$223,155 by Diamond Residential Mortgage C
Mortgage Due Sep 01, 2051
Sold Aug 13, 2020
$80,000
Local assessors in Valparaiso, IN have categorized 1004 Chicago Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 8,581 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 650 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1004 Chicago Street has a total of 1,019 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 1,120 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1004 Chicago Street was last sold in Aug 3, 2021 for $278,900. According to our calculations, that's $221.53 per sqft. Prior to that sales transaction, the property was sold for $80,000 in Jul 15, 2020. Current property owners are expected to pay $1,941 in taxes per year. The property on 1004 Chicago Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $169,200. To break that down further, the land itself was valued at $38,000. While improvements to the property were assessed at a total of $131,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,120
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,581
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,259
  • Gross Building Area: 1,259
  • Building Area: 1,019
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,019
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHICAGO STREET SUB
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: CHICAGO STREET SUB LOT 31

Ownership

  • Current Owner : KOSELKE JACOB L
  • Current Owner 2: GEHRING MADISON
  • Previous Owner : COURTNEY ALAN
  • Owner Before Previous Owner: BERTIG RENTALS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Valparaiso Community Schools
  • Census Tract: 050801

Geography

  • Assessors Map Reference: MP 01-76
  • District: 0002
  • Section: 24
  • Parcel: 64-09-24-427-015.000-004
  • Lot: 31
  • Municipality: CENTER TOWNSHIP
  • Latitude: 41.4695
  • Longitude: -87.0484

    Address

  • Full Address: 1004 Chicago St
  • Address - House Number: 1004
  • Address - Street Name: Chicago
  • Address - Suffix Type: St
  • State: IN
  • City Name: Valparaiso
  • Carrier Code: C008
  • 4-Digit Zip Code: 5056
  • Zip Code: 46383

Valuation

    Tax

  • Total Area: 1,019
  • Tax Year: 2022
  • Tax Amount: $1,941
  • Tax Rate Code Area: 1:VALPARAI

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 75
  • Final Value: 236,306
  • High Value: 280,045
  • Low Value: 192,566

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,155
  • First Open Lien Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 05, 2021
  • First Open Lien Mortgage Loan Amount: $223,155
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $169,200
  • Market Land Value: $38,000
  • Market Improvement Value: $131,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,200
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $131,200

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Transaction ID: 11846493728
  • Current Sale Price: $278,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-024285
  • Previous Sale Recording Date: Aug 13, 2020
  • Previous Sale Contract Date: Jul 15, 2020
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • First Mortgage Transaction Date: Aug 05, 2021
  • First Mortgage Loan Amount: $223,155
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About Valparaiso



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Frequently Asked Questions

What neighborhood is 1004 Chicago Street located in?
The 1004 Chicago Street is a located in the neighborhood of Center in Valparaiso, Valparaiso.
What is the average sales price for listings in 1004 Chicago Street?
The average sales price for units in 1004 Chicago Street is $0 currently.

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