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8540 Jefferson Avenue

8540 Jefferson Avenue, Munster, IN 46321
Property in North
Sold May 07, 2021
$294,300
$300,659 by Key Mortgage Services Inc
Mortgage Due May 01, 2051
Sold Mar 04, 2016
Transfer
8540 Jefferson Avenue in Munster, IN was first built in 1969 and is 55 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. It is a single story home. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 8540 Jefferson Avenue has 1,611 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 600 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 9,000 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of asphalt. 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 attached garage. The garage is 288 sqft. There is one available parking space. 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and 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, 8540 Jefferson Avenue was last sold in Apr 22, 2021 for $294,300. According to our calculations, that's $83.85 per sqft. Current property owners are expected to pay $3,871 in taxes per year. The property on 8540 Jefferson Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $310,100. To break that down further, the land itself was valued at $51,600. While improvements to the property were assessed at a total of $258,500. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1969
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,611
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,510
  • Gross Building Area: 3,510
  • Building Area: 1,611
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,611
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MONALDIS PARKVIEW ADD
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MONALDIS PARKVIEW ADD. LOT 68

Ownership

  • Current Owner : PHILLIPS DAVID
  • Current Owner 2: PHILLIPS KARALYN MARIE
  • Previous Owner : INDIANA LAND TRUST COMPANY
  • Owner Before Previous Owner: VALE THOMAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Munster School Town
  • Census Tract: 040302

Geography

  • Assessors Map Reference: MP I28-245 68
  • District: 0007
  • Parcel: 45-06-24-427-023.000-027
  • Lot: 68
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.558
  • Longitude: -87.5106

    Address

  • Full Address: 8540 Jefferson Ave
  • Address - House Number: 8540
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Munster
  • Carrier Code: C012
  • 4-Digit Zip Code: 2419
  • Zip Code: 46321

Valuation

    Tax

  • Total Area: 3,222
  • Tax Year: 2022
  • Tax Amount: $3,871
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 352,647
  • High Value: 434,720
  • Low Value: 270,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,659
  • First Open Lien Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: May 07, 2021
  • First Open Lien Mortgage Loan Amount: $300,659
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $310,100
  • Market Land Value: $51,600
  • Market Improvement Value: $258,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,100
  • Assessed Land Value: $51,600
  • Assessed Improvements Value: $258,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Transaction ID: 11834112187
  • Current Sale Price: $294,300
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021-507346
  • Previous Sale Recording Date: Mar 04, 2016
  • Previous Sale Contract Date: Feb 23, 2016
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: May 07, 2021
  • First Mortgage Loan Amount: $300,659
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2051

About Munster



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Frequently Asked Questions

What neighborhood is 8540 Jefferson Avenue located in?
The 8540 Jefferson Avenue is a located in the neighborhood of North in Munster, Munster.
What is the average sales price for listings in 8540 Jefferson Avenue?
The average sales price for units in 8540 Jefferson Avenue is $0 currently.

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