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7916 South Indiana Avenue

7916 South Indiana Avenue, Chicago, IL 60619
House in Chatham
Sold Apr 24, 2019
$202,000
$198,341 by Parkside Lending Llc
Mortgage Due May 01, 2049
Sold Dec 13, 2017
$64,050
Local assessors in Chicago, IL have categorized 7916 South Indiana Avenue as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 6,400 square feet. The linear feet between the front and back of the lot was measured at 400 ft and the front of the lot was measured at 1,600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7916 South Indiana Avenue has a total of 1,386 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 7916 South Indiana Avenue was last sold in Apr 22, 2019 for $202,000. According to our calculations, that's $145.74 per sqft. Prior to that sales transaction, the property was sold for $64,050 in Nov 28, 2017. Current property owners are expected to pay $3,616 in taxes per year. The property on 7916 South Indiana Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $21,000. To break that down further, the land itself was valued at $6,400. While improvements to the property were assessed at a total of $14,600. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 6,400
  • Lot Size Depth Feet: 400
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 1,386
  • Gross Building Area: 1,386
  • Building Area: 1,386
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,386
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF BLK 4 IN SUB OF PT BY E
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF BLK 4 IN SUB OF PT BY E & J K & G G WEBSTER M WEBSTER MILLER HEIRS OF IRA WEBSTER DECEASED NW SEC 34-38-14

Ownership

  • Current Owner : DAVIS CHENO A
  • Current Owner 2: TAYLOR AISHA S
  • Previous Owner : PERRI HOMES LLC
  • Owner Before Previous Owner: U S BANK NATIONAL ASSOCIATION
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 440300

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-34-102-026-0000
  • Block: 4
  • Lot: 16
  • Meridian: SEC 34 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7505
  • Longitude: -87.6202

    Address

  • Full Address: 7916 S Indiana Ave
  • Address - House Number: 7916
  • Street Direction: S
  • Address - Street Name: Indiana
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C015
  • 4-Digit Zip Code: 3502
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,616
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.257
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 250,269
  • High Value: 314,601
  • Low Value: 185,937

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $209,817
  • First Open Lien Mortgage Lender: PARKSIDE LENDING LLC
  • First Open Lien Mortgage Recording Date: Apr 24, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $198,341
  • 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, 2049
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Nov 02, 2023
  • Second Open Lien Mortgage Loan Amount: $11,476
  • Second Open Lien Mortgage Term: 319
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $64,000
  • Market Improvement Value: $146,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $6,400
  • Assessed Improvements Value: $14,600

    Sales

  • Current Sale Contract Date: Apr 22, 2019
  • Current Sale Recording Date: Apr 24, 2019
  • Current Sale Transaction ID: 11601005358
  • Current Sale Price: $202,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1911401118
  • Previous Sale Recording Date: Dec 13, 2017
  • Previous Sale Contract Date: Nov 28, 2017
  • Previous Sale Amount: $64,050
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKSIDE LENDING LLC
  • First Mortgage Transaction Date: Apr 24, 2019
  • First Mortgage Loan Amount: $198,341
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



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Frequently Asked Questions

What neighborhood is 7916 South Indiana Avenue located in?
The 7916 South Indiana Avenue is a house located in the neighborhood of Chatham in South Side, Chicago.
What is the average sales price for listings in 7916 South Indiana Avenue?
The average sales price for units in 7916 South Indiana Avenue is $214,900 , or $155/sqft. currently.

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