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740 East 24th Avenue

740 East 24th Avenue, Lake Station, IN 46405
Property in Hobart
Sold Apr 21, 2015
$76,100
$75,113 by University Lending Group Llc
Mortgage Due May 01, 2045
Sold Mar 02, 2009
Transfer
Local assessors in Lake Station, IN have categorized 740 East 24th Avenue as a residential type of property. The home was built in 1942 and is 82 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 19,515 square feet. The linear feet between the front and back of the lot was measured at 1,950 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 740 East 24th Avenue has a total of 1,620 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. The garage on the property is 1,620 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The building has a roof that is made of asphalt. Residents rely on no 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. 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, 740 East 24th Avenue was last sold in Apr 10, 2015 for $76,100. According to our calculations, that's $46.98 per sqft. Current property owners are expected to pay $1,134 in taxes per year. The property on 740 East 24th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $110,900. To break that down further, the land itself was valued at $22,100. While improvements to the property were assessed at a total of $88,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!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: 1942
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 1,620
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,515
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,620
  • Gross Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,620
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROBERT BARTLETTS
  • Land Acres: 0.448
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ROBERT BARTLETTS EAST GARY SMALL FARMS L.83 SUBJ. TO R-W

Ownership

  • Current Owner : BACH MICHAEL J
  • Previous Owner : LOPEZ JESSE C
  • Previous Owner 2: CRUZ CARMEN L
  • Owner Before Previous Owner: LUTZ JEREMY C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Station Community Schools
  • Census Tract: 041700

Geography

  • Assessors Map Reference: K19-121 5 PG107
  • District: 0006
  • Parcel: 45-09-18-176-015.000-021
  • Lot: 83
  • Municipality: HOBART TOWNSHIP
  • Latitude: 41.5747
  • Longitude: -87.2737

    Address

  • Full Address: 740 E 24th Ave
  • Address - House Number: 740
  • Street Direction: E
  • Address - Street Name: 24th
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Lake Station
  • Carrier Code: C001
  • 4-Digit Zip Code: 1048
  • Zip Code: 46405

Valuation

    Tax

  • Total Area: 1,620
  • Tax Year: 2022
  • Tax Amount: $1,134
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.4441
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 11
  • Final Value: 104,375
  • High Value: 150,733
  • Low Value: 58,016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,113
  • First Open Lien Mortgage Lender: UNIVERSITY LENDING GROUP LLC
  • First Open Lien Mortgage Recording Date: Apr 21, 2015
  • First Open Lien Mortgage Loan Amount: $75,113
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2045

    Market Valuation

  • Market Total Value: $110,900
  • Market Land Value: $22,100
  • Market Improvement Value: $88,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,900
  • Assessed Land Value: $22,100
  • Assessed Improvements Value: $88,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 10, 2015
  • Current Sale Recording Date: Apr 21, 2015
  • Current Sale Transaction ID: 1206963076
  • Current Sale Price: $76,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015 023794
  • Previous Sale Recording Date: Mar 02, 2009
  • Previous Sale Contract Date: Mar 02, 2009
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY LENDING GROUP LLC
  • First Mortgage Transaction Date: Apr 21, 2015
  • First Mortgage Loan Amount: $75,113
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2045

About Lake Station



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Unit for rent at 1600 E 34th Avenue, Hobart, IN, 46342

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1600 E 34th Avenue, Hobart, IN, 46342 Listing by Adrien Chabot

Frequently Asked Questions

What neighborhood is 740 East 24th Avenue located in?
The 740 East 24th Avenue is a located in the neighborhood of Hobart in Lake Station, Lake Station.
What is the average sales price for listings in 740 East 24th Avenue?
The average sales price for units in 740 East 24th Avenue is $0 currently.

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