Check Availability

1311 East Columbus Drive

1311 East Columbus Drive, East Chicago, IN 46312
Property in North
Sold May 09, 2023
$149,625
$112,500 by Bpl Mortgage Trust Llc
Mortgage
Sold Sep 22, 2022
$109,300
$87,450 by Loan Funder Llc Series 40482
Mortgage Due Sep 07, 2023
1311 East Columbus Drive has been categorized by the local assessors in East Chicago, IN as a residential type of property. The building on the property was first built in 1928 and is 96 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1311 East Columbus Drive has 1,760 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 360 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1311 East Columbus Drive sold most recently in May 2, 2023 for a total of $149,625. If you work out the math, that's approximately a cost of $56.68 per sqft. Before that, the property was also sold for $109,300 in Sep 15, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,538 in taxes each year. 1311 East Columbus Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $94,400. If we break it down further, the land itself was valued at $11,700. Improvements to the property, however, were assessed at a total of $82,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Brick
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 880
  • Garage Type: Attached
  • Garage Square Area: 360
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,640
  • Gross Building Area: 2,640
  • Building Area: 1,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,760
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARK ADD
  • Land Acres: 0.069
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: PARK ADD. IND. HARBOR L.5 BL.11

Ownership

  • Current Owner : ALCHEMY HOMES LLC
  • Previous Owner : PENA JR RENTALS LLC
  • Owner Before Previous Owner: DEREK PACHECO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: City of East Chicago School District
  • Census Tract: 030800

Geography

  • Parcel: 45-03-28-227-003.000-024
  • Block: 11
  • Lot: 5
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.6388
  • Longitude: -87.455

    Address

  • Full Address: 1311 E Columbus Dr
  • Address - House Number: 1311
  • Street Direction: E
  • Address - Street Name: Columbus
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: East Chicago
  • Carrier Code: C014
  • 4-Digit Zip Code: 2848
  • Zip Code: 46312

Valuation

    Tax

  • Total Area: 2,640
  • Tax Year: 2022
  • Tax Amount: $1,538
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.4441
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 11
  • Final Value: 73,524
  • High Value: 106,180
  • Low Value: 40,867

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,500
  • First Open Lien Mortgage Lender: BPL MORTGAGE TRUST LLC
  • First Open Lien Mortgage Recording Date: May 09, 2023
  • First Open Lien Mortgage Loan Amount: $112,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $94,400
  • Market Land Value: $11,700
  • Market Improvement Value: $82,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,400
  • Assessed Land Value: $11,700
  • Assessed Improvements Value: $82,700

    Sales

  • Current Sale Contract Date: May 02, 2023
  • Current Sale Recording Date: May 09, 2023
  • Current Sale Transaction ID: 11906590112
  • Current Sale Price: $149,625
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 513948
  • Previous Sale Recording Date: Sep 22, 2022
  • Previous Sale Contract Date: Sep 15, 2022
  • Previous Sale Amount: $109,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BPL MORTGAGE TRUST LLC
  • First Mortgage Transaction Date: May 09, 2023
  • First Mortgage Loan Amount: $112,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: LOAN FUNDER LLC SERIES 40482
  • Previous Mortgage Transaction Date: Sep 22, 2022
  • Previous Mortgage Loan Amount: $87,450
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Sep 07, 2023

About East Chicago



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1311 East Columbus Drive located in?
The 1311 East Columbus Drive is a other located in the neighborhood of North in East Chicago, East Chicago.
What is the average sales price for listings in 1311 East Columbus Drive?
The average sales price for units in 1311 East Columbus Drive is $0 currently.

Quantcast