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2627 Ripley Street

2627 Ripley Street, Lake Station, IN 46405
Property in Hobart
Sold Mar 12, 2024
$18,200
Sold Jul 19, 2006
$94,500
$75,600 by Home123 Corp
Mortgage Due Aug 01, 2036
2627 Ripley Street has been categorized by the local assessors in Lake Station, IN as a residential type of property. The building on the property was first built in 1934 and is 90 years old. However, we must point out that the home was most recently renovated and altered in 1950. The home has a total of 6 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, 2627 Ripley Street has 1,056 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 2,410 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 12,066 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 detached garage for those who require parking. The garage measured 480 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. 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. 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. 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, 2627 Ripley Street was last sold in Mar 5, 2024 for $18,200. According to our calculations, that's $7.82 per sqft. Prior to that sales transaction, the property was sold for $94,500 in Jul 12, 2006. Current property owners are expected to pay $1,150 in taxes per year. The property on 2627 Ripley Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $109,200. To break that down further, the land itself was valued at $17,200. While improvements to the property were assessed at a total of $92,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1934
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,272
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,066
  • Lot Size Depth Feet: 2,410
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,328
  • Gross Building Area: 2,328
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: G L NICHOLS ADD
  • Land Acres: 0.277
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: G L NICHOLS ADD BLK 3 LOTS 6,7,41 & 42

Ownership

  • Current Owner : STATE OF INDIANA
  • Previous Owner : WILLIAMS BOBBY
  • Previous Owner 2: WILLIAMS JULIA
  • Owner Before Previous Owner: GROUNDS KOREN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lake Station Community Schools
  • Census Tract: 041800

Geography

  • Assessors Map Reference: K20-071 7 PG138
  • District: 0006
  • Section: 16
  • Parcel: 45-09-16-310-007.000-021
  • Block: 3
  • Lot: 6,7
  • Municipality: HOBART TOWNSHIP
  • Latitude: 41.57
  • Longitude: -87.2395

    Address

  • Full Address: 2627 Ripley St
  • Address - House Number: 2627
  • Address - Street Name: Ripley
  • Address - Suffix Type: St
  • State: IN
  • City Name: Lake Station
  • Carrier Code: C004
  • 4-Digit Zip Code: 2305
  • Zip Code: 46405

Valuation

    Tax

  • Total Area: 2,328
  • Tax Year: 2022
  • Tax Amount: $1,150
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 184,249
  • High Value: 228,730
  • Low Value: 139,767

    Market Valuation

  • Market Total Value: $109,200
  • Market Land Value: $17,200
  • Market Improvement Value: $92,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,200
  • Assessed Land Value: $17,200
  • Assessed Improvements Value: $92,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 05, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Transaction ID: 11922652393
  • Current Sale Price: $18,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7992
  • Previous Sale Recording Date: Jul 19, 2006
  • Previous Sale Contract Date: Jul 12, 2006
  • Previous Sale Amount: $94,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOME123 CORP
  • Previous Mortgage Transaction Date: Jul 19, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $75,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About Lake Station



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Frequently Asked Questions

What neighborhood is 2627 Ripley Street located in?
The 2627 Ripley Street is a located in the neighborhood of Hobart in Lake Station, Lake Station.
What is the average sales price for listings in 2627 Ripley Street?
The average sales price for units in 2627 Ripley Street is $0 currently.

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