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3714 Madison Street

3714 Madison Street, Gary, IN 46408
Sold Apr 22, 2020
$84,500
Buyer
Seller
$83,361 by Direct Mortgage Loans Llc
Mortgage Due Apr 01, 2050
Sold Jun 22, 2018
Transfer
3714 Madison Street in Gary, IN was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1998. 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 are 2 partial bathrooms. 3714 Madison Street has 1,034 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 400 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 5,009 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. The garage is 1,034 sqft. 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 brick 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 no air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. The property was last sold in Mar 30, 2020 for $84,500. That's $40.86 per sqft. 3714 Madison Street was last assessed in 2023. The total value of the property was assessed at $96,800. Specifically, the land the property is located on was valued at $5,100. While improvements on the property were assessed at a total of $91,700. 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 $1,130. 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

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,034
  • Garage Square Area: 1,034
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,068
  • Gross Building Area: 2,068
  • Building Area: 1,034
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,034
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JACKSON PK. S. BROADWAY ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: JACKSON PK. S. BROADWAY ADD. S. 15 FT. OF L.3 BL.3 ALL L.4 BL.3

Ownership

  • Current Owner : DAVIS DIANA
  • Previous Owner : DJ VANDER LLC
  • Owner Before Previous Owner: CIVIC PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Gary Community School Corporation
  • Census Tract: 012400

Geography

  • Assessors Map Reference: MP J45-134 31
  • District: 0001
  • Parcel: 45-08-28-204-014.000-004
  • Block: 3
  • Lot: 3
  • Municipality: CALUMET TOWNSHIP
  • Latitude: 41.551
  • Longitude: -87.3417

    Address

  • Full Address: 3714 Madison St
  • Address - House Number: 3714
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: IN
  • City Name: Gary
  • Carrier Code: C032
  • 4-Digit Zip Code: 2219
  • Zip Code: 46408

Valuation

    Tax

  • Total Area: 2,068
  • Tax Year: 2022
  • Tax Amount: $1,130
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2617
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 62
  • Final Value: 144,649
  • High Value: 182,511
  • Low Value: 106,787

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $83,361
  • First Open Lien Mortgage Lender: DIRECT MORTGAGE LOANS LLC
  • First Open Lien Mortgage Recording Date: Apr 22, 2020
  • First Open Lien Mortgage Loan Amount: $83,361
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $96,800
  • Market Land Value: $5,100
  • Market Improvement Value: $91,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,800
  • Assessed Land Value: $5,100
  • Assessed Improvements Value: $91,700

    Sales

  • Current Sale Contract Date: Mar 30, 2020
  • Current Sale Recording Date: Apr 22, 2020
  • Current Sale Transaction ID: 11757536810
  • Current Sale Price: $84,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020 022712
  • Previous Sale Recording Date: Jun 22, 2018
  • Previous Sale Contract Date: Jun 07, 2018
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DIRECT MORTGAGE LOANS LLC
  • First Mortgage Transaction Date: Apr 22, 2020
  • First Mortgage Loan Amount: $83,361
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

About Glen Park



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Frequently Asked Questions

What neighborhood is 3714 Madison Street located in?
The 3714 Madison Street is a house located in the neighborhood of Glen Park West in Glen Park, Gary.
What is the average sales price for listings in 3714 Madison Street?
The average sales price for units in 3714 Madison Street is $0 currently.

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