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4649 Garfield Street

4649 Garfield Street, Gary, IN 46408
Property in Calumet
Sold Mar 14, 2006
$63,900
$65,273 by Citimortgage Inc
Mortgage Due Apr 01, 2036
Sold Sep 07, 2005
Transfer
Hud
Seller
Local assessors in Gary, IN have categorized 4649 Garfield Street as a residential type of property. The home was built in 1941 and is 83 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 12,502 square feet. The linear feet between the front and back of the lot was measured at 1,260 ft and the front of the lot was measured at 1,000 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 4649 Garfield Street has a total of 967 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 787 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 water system. 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 336 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 frame 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4649 Garfield Street sold most recently in Mar 9, 2006 for a total of $63,900. If you work out the math, that's approximately a cost of $36.43 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $356 in taxes each year. 4649 Garfield Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $48,500. If we break it down further, the land itself was valued at $10,300. Improvements to the property, however, were assessed at a total of $38,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: Partial basement
  • Basement Area: 787
  • Garage Type: Detached
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,502
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,754
  • Gross Building Area: 1,754
  • Building Area: 967
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 967
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOSFORD PARK
  • Land Acres: 0.287
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HOSFORD PARK BL.15 LOTS 35,36,37 & 38

Ownership

  • Current Owner : FARRAR GUY W
  • Current Owner 2: FARRAR HEATHER R
  • Previous Owner : WILSON LAURA L
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MP J39-174 149
  • District: 0001
  • Parcel: 45-08-32-232-022.000-001
  • Block: 15
  • Lot: 35,36
  • Municipality: CALUMET TOWNSHIP
  • Latitude: 41.5341
  • Longitude: -87.3578

    Address

  • Full Address: 4649 Garfield St
  • Address - House Number: 4649
  • Address - Street Name: Garfield
  • Address - Suffix Type: St
  • State: IN
  • City Name: Gary
  • Carrier Code: C051
  • 4-Digit Zip Code: 3720
  • Zip Code: 46408

Valuation

    Tax

  • Total Area: 1,754
  • Tax Year: 2022
  • Tax Amount: $356
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 123,946
  • High Value: 153,865
  • Low Value: 94,027

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,273
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 14, 2006
  • First Open Lien Mortgage Loan Amount: $65,273
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $48,500
  • Market Land Value: $10,300
  • Market Improvement Value: $38,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,500
  • Assessed Land Value: $10,300
  • Assessed Improvements Value: $38,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2006
  • Current Sale Recording Date: Mar 14, 2006
  • Current Sale Transaction ID: 1179605198
  • Current Sale Price: $63,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006 021110
  • Previous Sale Recording Date: Sep 07, 2005
  • Previous Sale Contract Date: Aug 02, 2005
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Mar 14, 2006
  • First Mortgage Loan Amount: $65,273
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2036

About Lake



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Frequently Asked Questions

What neighborhood is 4649 Garfield Street located in?
The 4649 Garfield Street is a located in the neighborhood of Calumet in Lake, Gary.
What is the average sales price for listings in 4649 Garfield Street?
The average sales price for units in 4649 Garfield Street is $0 currently.

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