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1309 South Indiana Avenue

1309 South Indiana Avenue, Chicago, IL 60605
Property in South Loop
1 Units For Sale
Unit for sale at 1309 S Indiana Avenue, Chicago, IL 60605

$1,349,900

  • 4 Beds
  • 3.5 Baths
  • 3,800 ft²
1309 S Indiana Avenue, Chicago, IL 60605 Listing by Jacob Reiner

1309 South Indiana Avenue in Chicago, IL was first built in 2004 and is 20 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. There are a total of 3 floors. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1309 South Indiana Avenue has 1,993 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,958 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. 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, 1309 South Indiana Avenue was last sold in Jun 28, 2017 for $1,225,000. According to our calculations, that's $614.65 per sqft. Prior to that sales transaction, the property was sold for $945,000 in Dec 21, 2012. Current property owners are expected to pay $16,919 in taxes per year. The property on 1309 South Indiana Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $82,000. To break that down further, the land itself was valued at $37,202. While improvements to the property were assessed at a total of $44,798. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231113
11/13/2023
4 Bed
3.5 Bath
3800 ft²
$1,399,900
bedrooms
4 Bed
bathrooms
3.5 Bath
square feet
3800 ft²
-
-
-
Jacob Reiner
Redfin Corporation

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,958
  • Total Building Area: 1,993
  • Gross Building Area: 1,993
  • Building Area: 1,993
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,993
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MUSEUM PARK
  • Land Acres: 0.045
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : TAN BRUCE K
  • Current Owner 2: TAN KAI LEE
  • Previous Owner : ANEZIOKORO OGBONNAYA
  • Previous Owner 2: ANEZIOKORO ZEBAL
  • Owner Before Previous Owner: FIRST MIDWEST BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 330101

Zoning

  • Zoning: PD 499

Geography

  • District: 76
  • Parcel: 17-22-110-047-0000
  • Lot: 11
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8657
  • Longitude: -87.6222

    Address

  • Full Address: 1309 S Indiana Ave
  • Address - House Number: 1309
  • Street Direction: S
  • Address - Street Name: Indiana
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 2617
  • Zip Code: 60605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,919
  • Tax Rate Code Area: 76084

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 1,354,669
  • High Value: 1,491,636
  • Low Value: 1,217,701

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $918,750
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 11, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $918,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2047

    Market Valuation

  • Market Total Value: $820,000
  • Market Land Value: $372,020
  • Market Improvement Value: $447,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,000
  • Assessed Land Value: $37,202
  • Assessed Improvements Value: $44,798

    Sales

  • Current Sale Contract Date: Jun 28, 2017
  • Current Sale Recording Date: Jul 11, 2017
  • Current Sale Transaction ID: 1590321612
  • Current Sale Price: $1,225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1719229008
  • Previous Sale Recording Date: Jan 02, 2013
  • Previous Sale Contract Date: Dec 21, 2012
  • Previous Sale Amount: $945,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 11, 2017
  • First Mortgage Loan Amount: $918,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jan 02, 2013
  • Previous Mortgage Loan Amount: $756,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2043

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1309 South Indiana Avenue located in?
The 1309 South Indiana Avenue is a located in the neighborhood of South Loop in Central Chicago, Chicago.
How many listings are currently for sale in 1309 South Indiana Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1309 South Indiana Avenue?
The average sales price for units in 1309 South Indiana Avenue is $1,349,900 , or $355/sqft. currently.

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