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4225 West 47th Avenue

4225 West 47th Avenue, Gary, IN 46408
Property in Calumet
Sold Jan 19, 2018
$68,000
$54,400 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2032
4225 West 47th Avenue in Gary, IN was first built in 1935 and is 89 years old. Although, the building on the property was most recently renovated and altered in 1937. 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. 4225 West 47th Avenue has 1,104 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. In total, the area measurement of the land is 43,560 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 234 sqft. There is one available parking space. 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. The property was last sold in Dec 4, 2017 for $68,000. That's $61.59 per sqft. 4225 West 47th Avenue was last assessed in 2023. The total value of the property was assessed at $65,400. Specifically, the land the property is located on was valued at $25,100. While improvements on the property were assessed at a total of $40,300. 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 $511. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 234
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,104
  • Gross Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,104
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STERBAS ACRES
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: STERBAS ACRES TRACT (1.03 AC.) L.4

Ownership

  • Current Owner : BOOTH PATRICK A
  • Previous Owner : BOOTH PATRICK A
  • Previous Owner 2: FONDRLIAK TERRI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Ridge Schools
  • Census Tract: 041400

Geography

  • Assessors Map Reference: MP J39-349 1
  • District: 0001
  • Subdivision Tract Number: 4
  • Parcel: 45-08-31-151-016.000-001
  • Lot: 4
  • Municipality: CALUMET TOWNSHIP
  • Latitude: 41.5332
  • Longitude: -87.3896

    Address

  • Full Address: 4225 W 47th Ave
  • Address - House Number: 4225
  • Street Direction: W
  • Address - Street Name: 47th
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Gary
  • Carrier Code: C021
  • 4-Digit Zip Code: 4027
  • Zip Code: 46408

Valuation

    Tax

  • Total Area: 1,104
  • Tax Year: 2022
  • Tax Amount: $511
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2617
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 62
  • Final Value: 132,583
  • High Value: 167,282
  • Low Value: 97,885

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $79,400
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 19, 2018
  • First Open Lien Mortgage Loan Amount: $54,400
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2032
  • Second Open Lien Mortgage Lender: TECH CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jun 13, 2022
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 26, 2032

    Market Valuation

  • Market Total Value: $65,400
  • Market Land Value: $25,100
  • Market Improvement Value: $40,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,400
  • Assessed Land Value: $25,100
  • Assessed Improvements Value: $40,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 04, 2017
  • Current Sale Recording Date: Jan 19, 2018
  • Current Sale Transaction ID: 11375403014
  • Current Sale Price: $68,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2018 004650

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 19, 2018
  • First Mortgage Loan Amount: $54,400
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2032

About Lake



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Frequently Asked Questions

What neighborhood is 4225 West 47th Avenue located in?
The 4225 West 47th Avenue is a located in the neighborhood of Calumet in Lake, Gary.
What is the average sales price for listings in 4225 West 47th Avenue?
The average sales price for units in 4225 West 47th Avenue is $0 currently.

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