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718 North Indiana Street

718 North Indiana Street, Griffith, IN 46319
Property in Calumet
Sold Jul 07, 2020
$170,000
Buyer
Seller
$136,000 by Lake Mortgage Co Inc
Mortgage Due Aug 01, 2050
Sold Jul 21, 2017
$112,500
$90,000 by Centier Bank
Mortgage Due Aug 01, 2047
718 North Indiana Street has been categorized by the local assessors in Griffith, IN as a residential type of property. The building on the property was first built in 1953 and is 71 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 2 rooms. 2 of these rooms are legally considered as bedrooms. 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, 718 North Indiana Street has 1,356 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 1,250 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,229 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 attached garage for those who require parking. The garage measured 624 sqft. According to our sources, there are a total of 3 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central 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. 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, 718 North Indiana Street sold most recently in Jul 2, 2020 for a total of $170,000. If you work out the math, that's approximately a cost of $85.86 per sqft. Before that, the property was also sold for $112,500 in Jul 15, 2017. 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 $2,090 in taxes each year. 718 North Indiana Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $195,600. If we break it down further, the land itself was valued at $27,600. Improvements to the property, however, were assessed at a total of $168,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1953
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,229
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,980
  • Gross Building Area: 1,980
  • Building Area: 1,356
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,356
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: INDUSTRIAL CENTER SUB
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: INDUSTRIAL CENTER SUB. L.24 BL.7 N. 12.5FT L.23 BL.7 S. 2.5FT L.25 BL.7

Ownership

  • Current Owner : JACOBS SARAH
  • Previous Owner : WISE ERIC D
  • Owner Before Previous Owner: GRADEK EDWARD J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Griffith Public Schools
  • Census Tract: 041002

Geography

  • Assessors Map Reference: MP J26-076 118
  • District: 0001
  • Parcel: 45-07-35-131-020.000-006
  • Block: 7
  • Lot: 24
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.5344
  • Longitude: -87.4244

    Address

  • Full Address: 718 N Indiana St
  • Address - House Number: 718
  • Street Direction: N
  • Address - Street Name: Indiana
  • Address - Suffix Type: St
  • State: IN
  • City Name: Griffith
  • Carrier Code: C007
  • 4-Digit Zip Code: 2338
  • Zip Code: 46319

Valuation

    Tax

  • Total Area: 1,356
  • Tax Year: 2022
  • Tax Amount: $2,090
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2608
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 62
  • Final Value: 251,843
  • High Value: 317,532
  • Low Value: 186,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: LAKE MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Jul 07, 2020
  • First Open Lien Mortgage Loan Amount: $136,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $195,600
  • Market Land Value: $27,600
  • Market Improvement Value: $168,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,600
  • Assessed Land Value: $27,600
  • Assessed Improvements Value: $168,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 07, 2020
  • Current Sale Transaction ID: 11771403674
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020 042362
  • Previous Sale Recording Date: Jul 21, 2017
  • Previous Sale Contract Date: Jul 15, 2017
  • Previous Sale Amount: $112,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKE MORTGAGE CO INC
  • First Mortgage Transaction Date: Jul 07, 2020
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CENTIER BANK
  • Previous Mortgage Transaction Date: Jul 21, 2017
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Griffith



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Frequently Asked Questions

What neighborhood is 718 North Indiana Street located in?
The 718 North Indiana Street is a located in the neighborhood of Calumet in Griffith, Griffith.
What is the average sales price for listings in 718 North Indiana Street?
The average sales price for units in 718 North Indiana Street is $0 currently.

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