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4616 Garfield Street

4616 Garfield Street, Gary, IN 46408
Property in Calumet
Sold Jul 14, 2020
$96,300
$77,000 by Centier Bank
Mortgage Due Jul 03, 2030
Sold Jan 13, 2020
$1,300
4616 Garfield Street has been categorized by the local assessors in Gary, IN as a residential type of property. The building on the property was first built in 1941 and is 83 years old. However, we must point out that the home was most recently renovated and altered in 1950. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4616 Garfield Street has 660 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,260 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,316 square feet.

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 440 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 fair. 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 frame 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. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a central 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. 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, 4616 Garfield Street was last sold in Jul 14, 2020 for $96,300. According to our calculations, that's $72.95 per sqft. Prior to that sales transaction, the property was sold for $1,300 in Jan 8, 2020. Current property owners are expected to pay $634 in taxes per year. The property on 4616 Garfield Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $33,100. To break that down further, the land itself was valued at $5,200. While improvements to the property were assessed at a total of $27,900. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1941
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 1
  • 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
  • Basement Type: Unfinished basement
  • Basement Area: 660
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,316
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 660
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOSFORD PARK
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HOSFORD PARK ALL LOTS 4 &5 BL.14

Ownership

  • Current Owner : WILSON LAWRENCE E
  • Previous Owner : WILSON MICHELLE
  • Owner Before Previous Owner: FLOYD LISA A
  • Owner Before Previous Owner 2: FLOYD MITCHELL

Neighborhood

  • School District Name: Lake Ridge Schools
  • Census Tract: 041500

Geography

  • Assessors Map Reference: MP J39-173 168
  • District: 0001
  • Parcel: 45-08-32-231-021.000-001
  • Block: 14
  • Lot: 4,5
  • Municipality: CALUMET TOWNSHIP
  • Latitude: 41.5347
  • Longitude: -87.3583

    Address

  • Full Address: 4616 Garfield St
  • Address - House Number: 4616
  • Address - Street Name: Garfield
  • Address - Suffix Type: St
  • State: IN
  • City Name: Gary
  • Carrier Code: C051
  • 4-Digit Zip Code: 3721
  • Zip Code: 46408

Valuation

    Tax

  • Total Area: 1,320
  • Tax Year: 2022
  • Tax Amount: $634
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 91,716
  • High Value: 113,855
  • Low Value: 69,577

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,000
  • First Open Lien Mortgage Lender: CENTIER BANK
  • First Open Lien Mortgage Recording Date: Jul 14, 2020
  • First Open Lien Mortgage Loan Amount: $77,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 03, 2030

    Market Valuation

  • Market Total Value: $33,100
  • Market Land Value: $5,200
  • Market Improvement Value: $27,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,100
  • Assessed Land Value: $5,200
  • Assessed Improvements Value: $27,900

    Sales

  • Current Sale Contract Date: Jul 14, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Transaction ID: 11773975084
  • Current Sale Price: $96,300
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2020 044340
  • Previous Sale Recording Date: Jan 13, 2020
  • Previous Sale Contract Date: Jan 08, 2020
  • Previous Sale Amount: $1,300
  • Previous Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.

    Last Sale Mortgage

  • First Mortgage Lender: CENTIER BANK
  • First Mortgage Transaction Date: Jul 14, 2020
  • First Mortgage Loan Amount: $77,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jul 03, 2030

About Lake



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4616 Garfield Street located in?
The 4616 Garfield Street is a located in the neighborhood of Calumet in Lake, Gary.
What is the average sales price for listings in 4616 Garfield Street?
The average sales price for units in 4616 Garfield Street is $0 currently.

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