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7354 South Indiana Avenue

7354 South Indiana Avenue, Chicago, IL 60619
Property in Park Manor
Sold Oct 24, 2005
$212,000
$190,800 by Mortgage Investment Lending As
Mortgage Due Oct 01, 2035
Sold Jun 03, 2003
Transfer
Va
Buyer
7354 South Indiana Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 6 rooms. 3 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, 7354 South Indiana Avenue has 1,200 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 300 ft. The area measurement of the land has been determined as 5,313 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

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. 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 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 masonry 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 exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Sep 20, 2005 for $212,000. That's $176.67 per sqft. 7354 South Indiana Avenue was last assessed in 2023. The total value of the property was assessed at $15,000. Specifically, the land the property is located on was valued at $6,641. While improvements on the property were assessed at a total of $8,359. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,382. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,313
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HERMANS SUB
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HERMANS) SUB OF PT SW NW SEC 27-38-14

Ownership

  • Current Owner : LEWIS CYNTHIA
  • Previous Owner : BACZEWSKI DARIUSZ
  • Owner Before Previous Owner: BEVERLEY ARDENIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 691000

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-27-114-031-0000
  • Block: 1
  • Lot: 6
  • Meridian: SEC 27 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7604
  • Longitude: -87.6203

    Address

  • Full Address: 7354 S Indiana Ave
  • Address - House Number: 7354
  • Street Direction: S
  • Address - Street Name: Indiana
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C054
  • 4-Digit Zip Code: 1617
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,382
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.257
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 214,326
  • High Value: 269,419
  • Low Value: 159,233

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $201,400
  • First Open Lien Mortgage Lender: MORTGAGE INVESTMENT LENDING AS
  • First Open Lien Mortgage Recording Date: Oct 24, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $190,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035
  • Second Open Lien Mortgage Lender: MILA INC
  • Second Open Lien Mortgage Recording Date: Oct 24, 2005
  • Second Open Lien Mortgage Loan Amount: $10,600
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2025

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $66,410
  • Market Improvement Value: $83,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $6,641
  • Assessed Improvements Value: $8,359

    Sales

  • Current Sale Contract Date: Sep 20, 2005
  • Current Sale Recording Date: Oct 24, 2005
  • Current Sale Transaction ID: 1074492546
  • Current Sale Price: $212,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0529716024
  • Previous Sale Recording Date: Jun 03, 2003
  • Previous Sale Contract Date: Jun 02, 2003
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTMENT LENDING AS
  • First Mortgage Transaction Date: Oct 24, 2005
  • First Mortgage Loan Amount: $190,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Oct 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 7354 South Indiana Avenue located in?
The 7354 South Indiana Avenue is a located in the neighborhood of Park Manor in South Side, Chicago.
What is the average sales price for listings in 7354 South Indiana Avenue?
The average sales price for units in 7354 South Indiana Avenue is $0 currently.

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