NOT LISTED FOR SALE

5048 S Indiana Ave Unit 3 Chicago, IL 60615

Grand Boulevard Neighborhood

Estimated Value: $611,000

2 Beds
1 Bath
1,300 Sq Ft
$470/Sq Ft Est. Value

About This Home

This home is located at 5048 S Indiana Ave Unit 3, Chicago, IL 60615 and is currently estimated at $611,000, approximately $470 per square foot. 5048 S Indiana Ave Unit 3 is a home located in Cook County with nearby schools including Burke Elementary School, Wendell Phillips Academy High School, and Ace Amandla Charter High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2018
Sold by
Robinson Lamont J
Bought by
Mej Llc
Current Estimated Value
$611,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2014
Sold by
Davenport Jeremy A
Bought by
Robinson Lamont J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2011
Sold by
Davenport Jeremy
Bought by
Davenport Jeremy A and Robinson Lamont J

Purchase Details

Closed on
Dec 30, 2010
Sold by
Lane Bradley T
Bought by
Davenport Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,322
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2005
Sold by
Anderson Andrew and Noble Fannie
Bought by
Lane Bradley T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 2003
Sold by
Anderson Andie
Bought by
Anderson Andrew and Noble Fannie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mej Llc -- Attorney
Robinson Lamont J -- None Available
Davenport Jeremy A -- None Available
Davenport Jeremy $139,000 Cti
Lane Bradley T $260,000 Multiple
Anderson Andrew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mej Llc $272,650
Closed Mej Llc $75,000
Previous Owner Robinson Lamont J $230,000
Previous Owner Davenport Jeremy $244,322
Previous Owner Lane Bradley T $208,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,969 $44,248 $14,000 $30,248
2023 $6,787 $28,000 $14,000 $14,000
2022 $6,787 $28,000 $14,000 $14,000
2021 $6,685 $28,000 $14,000 $14,000
2020 $6,671 $29,035 $6,800 $22,235
2019 $7,004 $32,995 $6,800 $26,195
2018 $6,820 $32,995 $6,800 $26,195
2017 $6,926 $31,357 $5,600 $25,757
2016 $6,627 $31,357 $5,600 $25,757
2015 $6,064 $31,357 $5,600 $25,757
2014 $3,839 $20,500 $4,800 $15,700
2013 $3,756 $20,500 $4,800 $15,700
Source: Public Records

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