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1376 West 40th Avenue

1376 West 40th Avenue, Hobart, IN 46342
House in Hobart
Sold Aug 01, 2022
$168,200
$165,938 by Rmk Financial Corp
Mortgage Due Aug 01, 2050
Sold Aug 01, 2022
Transfer
$165,938 by R M K Financial Corp
Mortgage Due Aug 01, 2050
1376 West 40th Avenue has been categorized by the local assessors in Hobart, IN as a residential type of property. The building on the property was first built in 1979 and is 45 years old. However, we must point out that the home was most recently renovated and altered in 1988. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1376 West 40th Avenue has 1,610 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 1,250 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,492 square feet.

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 carport for those who require parking. The garage measured 1,610 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a above ground pool on the property. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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. The property was last sold in Jul 25, 2022 for $168,200. That's $104.47 per sqft. 1376 West 40th Avenue was last assessed in 2023. The total value of the property was assessed at $194,300. Specifically, the land the property is located on was valued at $33,800. While improvements on the property were assessed at a total of $160,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,192. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 1,610
  • Parking Space Count: 2
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 7,492
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,610
  • Gross Building Area: 1,610
  • Building Area: 1,610
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,610
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GARY HOBART SUB
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: GARY HOBART SUB. S 1/2 OF LOT 5 BL.9

Ownership

  • Current Owner : TRAMMELL DARRELL
  • Current Owner 2: TRAMMELL CARLETHA Y
  • Previous Owner : DARRELL TRAMMELL
  • Owner Before Previous Owner: CREEKVIEW VENTURE INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Hobart School City
  • Census Tract: 042100

Geography

  • Assessors Map Reference: K17-168 8 PG50
  • District: 0006
  • Parcel: 45-09-30-153-008.000-018
  • Block: 9
  • Lot: 5
  • Municipality: HOBART TOWNSHIP
  • Latitude: 41.5457
  • Longitude: -87.2768

    Address

  • Full Address: 1376 W 40th Ave
  • Address - House Number: 1376
  • Street Direction: W
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Hobart
  • Carrier Code: C006
  • 4-Digit Zip Code: 2146
  • Zip Code: 46342

Valuation

    Tax

  • Total Area: 1,610
  • Tax Year: 2022
  • Tax Amount: $2,192
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 254,174
  • High Value: 315,529
  • Low Value: 192,820

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,938
  • First Open Lien Mortgage Lender: RMK FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Aug 01, 2022
  • First Open Lien Mortgage Loan Amount: $165,938
  • First Open Lien Mortgage Term: 335
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $194,300
  • Market Land Value: $33,800
  • Market Improvement Value: $160,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,300
  • Assessed Land Value: $33,800
  • Assessed Improvements Value: $160,500

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Aug 01, 2022
  • Current Sale Transaction ID: 11894381109
  • Current Sale Price: $168,200
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 531543
  • Previous Sale Recording Date: Aug 01, 2022
  • Previous Sale Contract Date: Jul 25, 2022
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RMK FINANCIAL CORP
  • First Mortgage Transaction Date: Aug 01, 2022
  • First Mortgage Loan Amount: $165,938
  • First Mortgage Terms: 335
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: R M K FINANCIAL CORP
  • Previous Mortgage Transaction Date: Aug 01, 2022
  • Previous Mortgage Loan Amount: $165,938
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About Hobart



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 428 N Hobart Road, Hobart, IN, 46342

$1,450 /mo

  • 3 Beds
  • 1 Bath
  • 1,022 ft²
428 N Hobart Road, Hobart, IN, 46342 Listing by Adrien Chabot

Frequently Asked Questions

What neighborhood is 1376 West 40th Avenue located in?
The 1376 West 40th Avenue is a house located in the neighborhood of Hobart in Hobart, Hobart.
What is the average sales price for listings in 1376 West 40th Avenue?
The average sales price for units in 1376 West 40th Avenue is $0 currently.

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