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4307 Baring Avenue

4307 Baring Avenue, East Chicago, IN 46312
Property in North
Sold Aug 29, 2017
$98,500
$162,800 by Leaderone Financial Corporatio
Mortgage Due Aug 01, 2052
Sold Sep 17, 2007
$70,000
$56,000 by First National Bank
Mortgage Due Oct 01, 2012
4307 Baring Avenue has been categorized by the local assessors in East Chicago, IN as a residential type of property. The building on the property was first built in 1931 and is 93 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4307 Baring Avenue has 3,083 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,456 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,390 ft and across the front of the lot is 380 ft. The area measurement of the land has been determined as 5,282 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 650 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jun 24, 2017 for $98,500. That's $19.46 per sqft. Prior to that sales transaction, the property was also sold in Sep 8, 2007 for $70,000. 4307 Baring Avenue was last assessed in 2023. The total value of the property was assessed at $153,800. Specifically, the land the property is located on was valued at $23,300. While improvements on the property were assessed at a total of $130,500. 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 $1,940. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1931
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Brick
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,456
  • Garage Type: Detached
  • Garage Square Area: 650
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,282
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 380
  • Total Building Area: 5,062
  • Gross Building Area: 5,062
  • Building Area: 3,083
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,083
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EAST CHICAGO
  • Land Acres: 0.121
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: RESUBDIV. PT. NW.1/4 S.29 T.37 R.9 N.1/2 LOT 41 & ALL LOT 42

Ownership

  • Current Owner : CHAVEZ LUIS A
  • Previous Owner : TALIAFERRO WALTER
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: City of East Chicago School District
  • Census Tract: 030500

Geography

  • Parcel: 45-03-29-178-002.000-024
  • Block: 16
  • Lot: 41,42
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.6354
  • Longitude: -87.4832

    Address

  • Full Address: 4307 Baring Ave
  • Address - House Number: 4307
  • Address - Street Name: Baring
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: East Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 2614
  • Zip Code: 46312

Valuation

    Tax

  • Total Area: 5,504
  • Tax Year: 2022
  • Tax Amount: $1,940
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.4441
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 11
  • Final Value: 75,315
  • High Value: 108,766
  • Low Value: 41,863

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,800
  • First Open Lien Mortgage Lender: LEADERONE FINANCIAL CORPORATIO
  • First Open Lien Mortgage Recording Date: Sep 09, 2022
  • First Open Lien Mortgage Loan Amount: $162,800
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $153,800
  • Market Land Value: $23,300
  • Market Improvement Value: $130,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,800
  • Assessed Land Value: $23,300
  • Assessed Improvements Value: $130,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2017
  • Current Sale Recording Date: Aug 29, 2017
  • Current Sale Transaction ID: 1733257003
  • Current Sale Price: $98,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017 058338
  • Previous Sale Recording Date: Sep 17, 2007
  • Previous Sale Contract Date: Sep 08, 2007
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: Aug 29, 2017
  • First Mortgage Loan Amount: $97,206
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK
  • Previous Mortgage Transaction Date: Sep 17, 2007
  • Previous Mortgage Loan Amount: $56,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2012

About East Chicago



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Nearby Rentals

Unit for rent at 4110 Wegg Avenue, East Chicago, IN, 46312

$1,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,080 ft²
4110 Wegg Avenue, East Chicago, IN, 46312 Listing by Robert Medinger

Frequently Asked Questions

What neighborhood is 4307 Baring Avenue located in?
The 4307 Baring Avenue is a located in the neighborhood of North in East Chicago, East Chicago.
What is the average sales price for listings in 4307 Baring Avenue?
The average sales price for units in 4307 Baring Avenue is $0 currently.

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