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3975 Martin Luther King Jr Drive

3975 Martin Luther King Jr Drive, Gary, IN 46409
Property in Glen Park East
Sold Jul 12, 2013
$48,800
$39,000 by Fifth Third Mortgage Co
Mortgage Due Jul 01, 2043
3975 Martin Luther King Jr Drive in Gary, IN was first built in 1959 and is 65 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3975 Martin Luther King Jr Drive has 925 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 1,240. In total, the area measurement of the land is 6,186 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 528 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 fair. 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, 3975 Martin Luther King Jr Drive was last sold in Jun 21, 2013 for $48,800. According to our calculations, that's $26.38 per sqft. Current property owners are expected to pay $573 in taxes per year. The property on 3975 Martin Luther King Jr Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $54,300. To break that down further, the land itself was valued at $8,500. While improvements to the property were assessed at a total of $45,800. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 925
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,186
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,850
  • Gross Building Area: 1,850
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 925
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TUXEDO PARK ADD
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TUXEDO PARK ADD. L.30 BL.1 N.16FT. L.29 BL.1 S.9FT. L.31 BL.1

Ownership

  • Current Owner : SPARKS SUSIE
  • Current Owner 2: SCOTT JAMES
  • Previous Owner : SPARKS SUSIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gary Community School Corporation
  • Census Tract: 012600

Geography

  • Assessors Map Reference: MP J47-172 352
  • District: 0001
  • Parcel: 45-08-27-279-008.000-004
  • Block: 1
  • Lot: 30
  • Municipality: CALUMET TOWNSHIP
  • Latitude: 41.5461
  • Longitude: -87.3179

    Address

  • Full Address: 3975 Martin Luther King Dr
  • Address - House Number: 3975
  • Address - Street Name: Martin Luther King
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Gary
  • Carrier Code: C014
  • 4-Digit Zip Code: 1843
  • Zip Code: 46409

Valuation

    Tax

  • Total Area: 1,850
  • Tax Year: 2022
  • Tax Amount: $573
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 107,200
  • High Value: 133,076
  • Low Value: 81,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $39,000
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 12, 2013
  • First Open Lien Mortgage Loan Amount: $39,000
  • 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: Jul 01, 2043

    Market Valuation

  • Market Total Value: $54,300
  • Market Land Value: $8,500
  • Market Improvement Value: $45,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,300
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $45,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 21, 2013
  • Current Sale Recording Date: Jul 12, 2013
  • Current Sale Transaction ID: 1140650248
  • Current Sale Price: $48,800
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2013 050498

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Jul 12, 2013
  • First Mortgage Loan Amount: $39,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2043

About Glen Park



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Frequently Asked Questions

What neighborhood is 3975 Martin Luther King Jr Drive located in?
The 3975 Martin Luther King Jr Drive is a located in the neighborhood of Glen Park East in Glen Park, Gary.
What is the average sales price for listings in 3975 Martin Luther King Jr Drive?
The average sales price for units in 3975 Martin Luther King Jr Drive is $0 currently.

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