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1 West Honey Creek Drive

1 West Honey Creek Drive, Terre Haute, IN 47802
Property in Honey Creek
1 West Honey Creek Drive has been categorized by the local assessors in Terre Haute, IN as a commercial type of property. The building on the property was first built in 1975 and is 49 years old. The building has a total of 2 stories. The area measurement of the land has been determined as 130,680 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with other control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. Finally, the property is currently sourcing its water from none system. 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, 1 West Honey Creek Drive was last sold in May 5, 2016 for $906,300. According to our calculations, that's $167.77 per sqft. Current property owners are expected to pay $27,762 in taxes per year. The property on 1 West Honey Creek Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $880,700. To break that down further, the land itself was valued at $418,700. While improvements to the property were assessed at a total of $462,000. 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. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 7
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: D+
  • Construction Type: Other
  • Floor Count: 2
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 130,680
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,402
  • Gross Building Area: 5,402
  • Building Area: 5,402
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Land Acres: 3
  • Standard Land Use Code: Hotel or motel
  • Legal Description 1: MID E SIDE NW (MOTEL 6) D-443/3569 & D-444/3363 4-11-9 3.000 AC

Ownership

  • Current Owner : SYCAMORE HOSPITALITY LLC
  • Previous Owner : MID AMERICA HOSPITALITY GROUP LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Vigo County School Corporation
  • Census Tract: 011201

Geography

  • Account Number: 840904176002000005
  • District: 0003
  • Section: 4
  • Parcel: 84-09-04-176-002.000-005
  • Block: 176
  • Municipality: HONEY CREEK TOWNSHIP
  • Latitude: 39.4295
  • Longitude: -87.4166

    Address

  • Full Address: 1 W Honey Creek Dr
  • Address - House Number: 1
  • Street Direction: W
  • Address - Street Name: Honey Creek
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Terre Haute
  • Carrier Code: C001
  • 4-Digit Zip Code: 3740
  • Zip Code: 47802

Valuation

    Tax

  • Total Area: 5,402
  • Tax Year: 2022
  • Tax Amount: $27,762
  • Tax Rate Code Area: 5:TRE HTE-

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $725,000
  • First Open Lien Mortgage Lender: FIRST FARMERS BANK & TRUST
  • First Open Lien Mortgage Recording Date: May 09, 2016
  • First Open Lien Mortgage Loan Amount: $725,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: May 06, 2031

    Market Valuation

  • Market Total Value: $880,700
  • Market Land Value: $418,700
  • Market Improvement Value: $462,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $880,700
  • Assessed Land Value: $418,700
  • Assessed Improvements Value: $462,000

    Sales

  • Current Sale Contract Date: May 05, 2016
  • Current Sale Recording Date: May 09, 2016
  • Current Sale Transaction ID: 1853157141
  • Current Sale Price: $906,300
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2016004624

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FARMERS BANK & TRUST
  • First Mortgage Transaction Date: May 09, 2016
  • First Mortgage Loan Amount: $725,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: May 06, 2031

About Terre Haute



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Frequently Asked Questions

What neighborhood is 1 West Honey Creek Drive located in?
The 1 West Honey Creek Drive is a located in the neighborhood of Honey Creek in Terre Haute, Terre Haute.
What is the average sales price for listings in 1 West Honey Creek Drive?
The average sales price for units in 1 West Honey Creek Drive is $0 currently.

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