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1162 Chesterfield Avenue

1162 Chesterfield Avenue, Chesterton, IN 46304
Property in Westchester
Sold Dec 03, 2013
$200,000
$160,000 by Cardinal Financial Company Lp
Mortgage Due Dec 01, 2048
Sold Dec 10, 2012
$44,400
$35,500 by Peoples Bank Savings Bank
Mortgage Due Nov 20, 2013
Local assessors in Chesterton, IN have categorized 1162 Chesterfield Avenue as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 4,792 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 3 full bathrooms. There are also 3 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 1162 Chesterfield Avenue has a total of 1,792 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. 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 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 central 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, 1162 Chesterfield Avenue was last sold in Nov 13, 2013 for $200,000. According to our calculations, that's $111.61 per sqft. Prior to that sales transaction, the property was sold for $44,400 in Nov 20, 2012. Current property owners are expected to pay $2,363 in taxes per year. The property on 1162 Chesterfield Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $259,900. To break that down further, the land itself was valued at $30,900. While improvements to the property were assessed at a total of $229,000. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • 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 Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,792
  • Gross Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,792
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VILLAGE IN BURNS HARBOR DUNBAR ADD
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: VILLAGE IN BURNS HARBOR DUNBAR ADD PHASE 2 LOT 108 .11A

Ownership

  • Current Owner : SCHUSTER SCOTT J
  • Current Owner 2: SCHUSTER CATHERINE A
  • Previous Owner : LAKE COUNTY TRUST CO
  • Owner Before Previous Owner: COLUMBIA DEVELOPMENT COMPANY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Duneland School Corporation
  • Census Tract: 050301

Geography

  • Assessors Map Reference: MP 45A
  • District: 0012
  • Section: Jan 01, 1970
  • Subdivision Phase Number: 2
  • Parcel: 64-06-05-254-018.000-024
  • Lot: 108
  • Municipality: WESTCHESTER TOWNSHIP
  • Latitude: 41.6035
  • Longitude: -87.1308

    Address

  • Full Address: 1162 Chesterfield Ave
  • Address - House Number: 1162
  • Address - Street Name: Chesterfield
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Chesterton
  • Carrier Code: R003
  • 4-Digit Zip Code: 9691
  • Zip Code: 46304

Valuation

    Tax

  • Total Area: 1,792
  • Tax Year: 2022
  • Tax Amount: $2,363
  • Tax Rate Code Area: 25:BURNS H

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 76
  • Final Value: 328,943
  • High Value: 388,027
  • Low Value: 269,860

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Dec 03, 2013
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 419
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2048
  • Second Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 27, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 26, 2048

    Market Valuation

  • Market Total Value: $259,900
  • Market Land Value: $30,900
  • Market Improvement Value: $229,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,900
  • Assessed Land Value: $30,900
  • Assessed Improvements Value: $229,000

    Sales

  • Current Sale Contract Date: Nov 13, 2013
  • Current Sale Recording Date: Dec 03, 2013
  • Current Sale Transaction ID: 1102306415
  • Current Sale Price: $200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013031124
  • Previous Sale Recording Date: Dec 10, 2012
  • Previous Sale Contract Date: Nov 20, 2012
  • Previous Sale Amount: $44,400
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Dec 03, 2013
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 419
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES BANK SAVINGS BANK
  • Previous Mortgage Transaction Date: Dec 10, 2012
  • Previous Mortgage Loan Amount: $35,500
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 20, 2013

About Burns Harbor



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Frequently Asked Questions

What neighborhood is 1162 Chesterfield Avenue located in?
The 1162 Chesterfield Avenue is a located in the neighborhood of Westchester in Burns Harbor, Chesterton.
What is the average sales price for listings in 1162 Chesterfield Avenue?
The average sales price for units in 1162 Chesterfield Avenue is $0 currently.

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