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1601 Service Street

1601 Service Street, Lake Station, IN 46405
Property in Hobart
Sold Jul 12, 2006
$96,100
$76,900 by Maxim Mortgage Corp
Mortgage Due Aug 01, 2036
1601 Service Street in Lake Station, IN was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1975. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1601 Service Street has 818 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. The linear feet across the front of the lot is 1,280 ft and the linear feet between the front and back of the lot is 2,040. In total, the area measurement of the land is 26,092 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 576 sqft. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. 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 central heating system and being fueled with gas. 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, 1601 Service Street was last sold in Jul 7, 2006 for $96,100. According to our calculations, that's $117.48 per sqft. Current property owners are expected to pay $999 in taxes per year. The property on 1601 Service Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $99,500. To break that down further, the land itself was valued at $41,700. While improvements to the property were assessed at a total of $57,800. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 26,092
  • Lot Size Depth Feet: 2,040
  • Lot Size Frontage Feet: 1,280
  • Total Building Area: 818
  • Gross Building Area: 818
  • Building Area: 818
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 818
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROBERT BARTLETTS EAST GARY SMALL FARMS
  • Land Acres: 0.599
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ROBERT BARTLETTS EAST GARY SMALL FARMS L.186

Ownership

  • Current Owner : MADDOX GARRETT E
  • Previous Owner : CUNNINGHAM DONNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Station Community Schools
  • Census Tract: 041700

Geography

  • District: 0006
  • Parcel: 45-09-18-428-001.000-021
  • Lot: 186
  • Municipality: HOBART TOWNSHIP
  • Latitude: 41.5715
  • Longitude: -87.2638

    Address

  • Full Address: 1601 Service St
  • Address - House Number: 1601
  • Address - Street Name: Service
  • Address - Suffix Type: St
  • State: IN
  • City Name: Lake Station
  • Carrier Code: C003
  • 4-Digit Zip Code: 1632
  • Zip Code: 46405

Valuation

    Tax

  • Total Area: 818
  • Tax Year: 2022
  • Tax Amount: $999
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.2768
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 60
  • Final Value: 146,698
  • High Value: 187,305
  • Low Value: 106,092

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $76,900
  • First Open Lien Mortgage Lender: MAXIM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 12, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $76,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Market Valuation

  • Market Total Value: $99,500
  • Market Land Value: $41,700
  • Market Improvement Value: $57,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,500
  • Assessed Land Value: $41,700
  • Assessed Improvements Value: $57,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2006
  • Current Sale Recording Date: Jul 12, 2006
  • Current Sale Transaction ID: 1149558484
  • Current Sale Price: $96,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006 060251

    Last Sale Mortgage

  • First Mortgage Lender: MAXIM MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 12, 2006
  • First Mortgage Loan Amount: $76,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Lake Station



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Nearby Rentals

Unit for rent at 1600 E 34th Avenue, Hobart, IN, 46342

$1,150 /mo

  • 2 Beds
  • 1 Bath
  • 693 ft²
1600 E 34th Avenue, Hobart, IN, 46342 Listing by Adrien Chabot

Frequently Asked Questions

What neighborhood is 1601 Service Street located in?
The 1601 Service Street is a located in the neighborhood of Hobart in Lake Station, Lake Station.
What is the average sales price for listings in 1601 Service Street?
The average sales price for units in 1601 Service Street is $0 currently.

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