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4740 Buchanan Street

4740 Buchanan Street, Gary, IN 46408
Property in Glen Park West
Sold Mar 20, 2015
$49,900
$100,800 by Centier Bank
Mortgage Due Aug 01, 2052
4740 Buchanan Street in Gary, IN was first built in 1956 and is 68 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 4740 Buchanan Street has 2,790 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 800 ft and the linear feet between the front and back of the lot is 1,260. In total, the area measurement of the land is 5,009 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 572 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 brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. 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 no air conditioning. As for heating, the home is utilizing a central heating system and 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, 4740 Buchanan Street sold most recently in Mar 13, 2015 for a total of $49,900. If you work out the math, that's approximately a cost of $17.89 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 $2,408 in taxes each year. 4740 Buchanan Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $120,400. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $102,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 572
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,009
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,790
  • Gross Building Area: 2,790
  • Building Area: 2,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,790
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HYDE PARK ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: HYDE PARK ADD. LOT 11 BL. 3 LOT 12 BL/3

Ownership

  • Current Owner : DIXON TERRENCE
  • Previous Owner : PHILLIPS CONSTANCE

Neighborhood

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

Geography

  • Assessors Map Reference: MP QS 917
  • District: 0001
  • Parcel: 45-08-33-153-017.000-001
  • Block: 3
  • Lot: 11,12
  • Municipality: CALUMET TOWNSHIP
  • Latitude: 41.5323
  • Longitude: -87.3523

    Address

  • Full Address: 4740 Buchanan St
  • Address - House Number: 4740
  • Address - Street Name: Buchanan
  • Address - Suffix Type: St
  • State: IN
  • City Name: Gary
  • Carrier Code: C024
  • 4-Digit Zip Code: 4400
  • Zip Code: 46408

Valuation

    Tax

  • Total Area: 2,790
  • Tax Year: 2022
  • Tax Amount: $2,408
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.4441
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 11
  • Final Value: 122,941
  • High Value: 177,545
  • Low Value: 68,336

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,800
  • First Open Lien Mortgage Lender: CENTIER BANK
  • First Open Lien Mortgage Recording Date: Jul 29, 2022
  • First Open Lien Mortgage Loan Amount: $100,800
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $120,400
  • Market Land Value: $18,000
  • Market Improvement Value: $102,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,400
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $102,400

    Sales

  • Current Sale Contract Date: Mar 13, 2015
  • Current Sale Recording Date: Mar 20, 2015
  • Current Sale Transaction ID: 1226579208
  • Current Sale Price: $49,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015 016754

    Last Sale Mortgage

  • First Mortgage Lender: CENTIER BANK
  • First Mortgage Transaction Date: Mar 20, 2015
  • First Mortgage Loan Amount: $39,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2045

About Glen Park



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Frequently Asked Questions

What neighborhood is 4740 Buchanan Street located in?
The 4740 Buchanan Street is a located in the neighborhood of Glen Park West in Glen Park, Gary.
What is the average sales price for listings in 4740 Buchanan Street?
The average sales price for units in 4740 Buchanan Street is $0 currently.

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