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3838 Torrence Avenue

3838 Torrence Avenue, Hammond, IN 46327
Property in North
Sold Jun 15, 2021
$100,000
$80,000 by Quicken Loans Llc
Mortgage Due May 01, 2051
Local assessors in Hammond, IN have categorized 3838 Torrence Avenue as a residential type of property. The home was built in 1946 and is 78 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 4,800 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3838 Torrence Avenue has a total of 1,440 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 720 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. In addition, there is a above ground pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 3838 Torrence Avenue was last sold in Apr 27, 2021 for $100,000. According to our calculations, that's $46.30 per sqft. Current property owners are expected to pay $1,161 in taxes per year. The property on 3838 Torrence Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $99,700. To break that down further, the land itself was valued at $23,200. While improvements to the property were assessed at a total of $76,500. 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: 1946
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • 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: 720
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,440
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DOUGLAS PARK
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: DOUGLAS PARK MANOR L.39 BL.9 EX. NWLY 10 FT. L.40 BL.9

Ownership

  • Current Owner : LOPEZ RICARDO
  • Previous Owner : LOPEZ RICARDO
  • Previous Owner 2: FLORES VIVIAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hammond School City
  • Census Tract: 020300

Geography

  • Parcel: 45-02-24-428-026.000-023
  • Block: 9
  • Lot: 39
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.6441
  • Longitude: -87.512

    Address

  • Full Address: 3838 Torrence Ave
  • Address - House Number: 3838
  • Address - Street Name: Torrence
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Hammond
  • Carrier Code: C028
  • 4-Digit Zip Code: 1142
  • Zip Code: 46327

Valuation

    Tax

  • Total Area: 2,160
  • Tax Year: 2022
  • Tax Amount: $1,161
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 164,950
  • High Value: 204,767
  • Low Value: 125,134

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Loan Amount: $80,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $99,700
  • Market Land Value: $23,200
  • Market Improvement Value: $76,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,700
  • Assessed Land Value: $23,200
  • Assessed Improvements Value: $76,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Transaction ID: 11839791456
  • Current Sale Price: $100,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021-042381

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Jun 15, 2021
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Hammond



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Nearby Rentals

Unit for rent at 4346 Elm Avenue, Hammond, IN, 46327

$1,600 /mo

  • 3 Beds
  • 1 Bath
4346 Elm Avenue, Hammond, IN, 46327 Listing by Joseluis Martinez

Frequently Asked Questions

What neighborhood is 3838 Torrence Avenue located in?
The 3838 Torrence Avenue is a located in the neighborhood of North in Hammond, Hammond.
What is the average sales price for listings in 3838 Torrence Avenue?
The average sales price for units in 3838 Torrence Avenue is $0 currently.

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