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2827 Downey Place

2827 Downey Place, Hammond, IN 46323
Property in North
Sold Jan 19, 2007
$108,800
$87,000 by Universal Mortgage Corp
Mortgage Due Feb 01, 2037
Sold Jul 20, 2006
Transfer
2827 Downey Place in Hammond, IN was first built in 1926 and is 98 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. It is a single story home. There are a total of 3 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2827 Downey Place has 816 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 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,250 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. 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 484 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 hot water heating system and being fueled with gas. 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, 2827 Downey Place sold most recently in Jan 12, 2007 for a total of $108,800. If you work out the math, that's approximately a cost of $66.67 per sqft. 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 $1,246 in taxes each year. 2827 Downey Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $107,600. If we break it down further, the land itself was valued at $26,500. Improvements to the property, however, were assessed at a total of $81,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1926
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • 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: Unfinished basement
  • Basement Area: 816
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 816
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: C. S. OGDENS 2ND ADD
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: C. S. OGDENS 2ND ADD. LOTS 10 & 11

Ownership

  • Current Owner : GONZALEZ VIRGEN C
  • Previous Owner : POLAK ROBERT
  • Previous Owner 2: POLAK JUDITH
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hammond School City
  • Census Tract: 021000

Geography

  • Assessors Map Reference: MP I35-199 2
  • District: 0007
  • Parcel: 45-07-09-201-020.000-023
  • Lot: 10,11
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.5949
  • Longitude: -87.4603

    Address

  • Full Address: 2827 Downey Pl
  • Address - House Number: 2827
  • Address - Street Name: Downey
  • Address - Suffix Type: Pl
  • State: IN
  • City Name: Hammond
  • Carrier Code: C053
  • 4-Digit Zip Code: 1649
  • Zip Code: 46323

Valuation

    Tax

  • Total Area: 1,632
  • Tax Year: 2022
  • Tax Amount: $1,246
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2757
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 60
  • Final Value: 182,244
  • High Value: 232,498
  • Low Value: 131,990

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,000
  • First Open Lien Mortgage Lender: UNIVERSAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 19, 2007
  • First Open Lien Mortgage Loan Amount: $87,000
  • 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: Feb 01, 2037

    Market Valuation

  • Market Total Value: $107,600
  • Market Land Value: $26,500
  • Market Improvement Value: $81,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,600
  • Assessed Land Value: $26,500
  • Assessed Improvements Value: $81,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 12, 2007
  • Current Sale Recording Date: Jan 19, 2007
  • Current Sale Transaction ID: 1077716099
  • Current Sale Price: $108,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2007 005391
  • Previous Sale Recording Date: Jul 20, 2006
  • Previous Sale Contract Date: Jun 16, 2006
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 19, 2007
  • First Mortgage Loan Amount: $87,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2037

About Hammond



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Nearby Rentals

Unit for rent at 6703 Nebraska Avenue, Hammond, IN, 46323

$1,450 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,056 ft²
6703 Nebraska Avenue, Hammond, IN, 46323 Listing by Donna Case

Frequently Asked Questions

What neighborhood is 2827 Downey Place located in?
The 2827 Downey Place is a located in the neighborhood of North in Hammond, Hammond.
What is the average sales price for listings in 2827 Downey Place?
The average sales price for units in 2827 Downey Place is $0 currently.

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