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5174 South Indiana Avenue

5174 South Indiana Avenue, Chicago, IL 60615
Multifamily in Washington Park
Sold Dec 18, 2018
$187,000
$187,000 by Wintrust Mortgage
Mortgage Due Jul 01, 2050
Sold Sep 06, 2011
$40,500
5174 South Indiana Avenue in Chicago, IL was first built in 1895 and is 129 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 16 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5174 South Indiana Avenue has 3,658 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 300 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 4,508 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. 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 no garage. 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 masonry 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 average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 5174 South Indiana Avenue was last sold in Nov 2, 2018 for $187,000. According to our calculations, that's $51.12 per sqft. Prior to that sales transaction, the property was sold for $40,500 in Aug 15, 2011. Current property owners are expected to pay $5,571 in taxes per year. The property on 5174 South Indiana Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $27,000. To break that down further, the land itself was valued at $15,778. While improvements to the property were assessed at a total of $11,222. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. 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: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,508
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 3,658
  • Gross Building Area: 3,658
  • Building Area: 3,658
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,658
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LYNCHS ADD TO HYDE PARK
  • Land Acres: 0.104
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: JAMES D (LYNCHS) ADD TO (HYDE)(PARK) IN WH SW SEC 10-38-14

Ownership

  • Current Owner : NGANGA CHARLES
  • Current Owner 2: KAVUU NGANGA ANITA N
  • Previous Owner : WHITE OAK PROPERTIES GROUP LLC
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 836100

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-10-302-035-0000
  • Lot: 3
  • Meridian: SEC 10 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7998
  • Longitude: -87.6214

    Address

  • Full Address: 5174 S Indiana Ave
  • Address - House Number: 5174
  • Street Direction: S
  • Address - Street Name: Indiana
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C068
  • 4-Digit Zip Code: 3408
  • Zip Code: 60615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,571
  • Tax Rate Code Area: 70120

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 393,012
  • High Value: 493,434
  • Low Value: 292,589

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 24, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $187,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $157,780
  • Market Improvement Value: $112,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $15,778
  • Assessed Improvements Value: $11,222

    Sales

  • Current Sale Contract Date: Nov 02, 2018
  • Current Sale Recording Date: Dec 18, 2018
  • Current Sale Transaction ID: 11544020482
  • Current Sale Price: $187,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1835257015
  • Previous Sale Recording Date: Sep 06, 2011
  • Previous Sale Contract Date: Aug 15, 2011
  • Previous Sale Amount: $40,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Dec 18, 2018
  • First Mortgage Loan Amount: $183,612
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 5174 South Indiana Avenue located in?
The 5174 South Indiana Avenue is a multifamily located in the neighborhood of Washington Park in South Side, Chicago.
What is the average sales price for listings in 5174 South Indiana Avenue?
The average sales price for units in 5174 South Indiana Avenue is $0 currently.

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