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1027 South Teresa Drive

1027 South Teresa Drive, Martinsville, IN 46151
House in Washington
Sold Jun 30, 2020
$301,800
$241,414 by Balley & Wood Financial Group
Mortgage Due Jul 01, 2050
1027 South Teresa Drive in Martinsville, IN was first built in 1997 and is 27 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1027 South Teresa Drive has 3,436 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 1,150 ft and the linear feet between the front and back of the lot is 1,840. In total, the area measurement of the land is 31,799 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 above ground pool on the property. The roof of the home is made of asphalt. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 506 sqft. There are a total of 2 available parking spaces. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1027 South Teresa Drive sold most recently in Jun 12, 2020 for a total of $301,800. If you work out the math, that's approximately a cost of $87.83 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,252 in taxes each year. 1027 South Teresa Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $294,900. If we break it down further, the land itself was valued at $46,700. Improvements to the property, however, were assessed at a total of $248,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 31,799
  • Lot Size Depth Feet: 1,840
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 3,436
  • Building Area: 3,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ARNWOOD
  • Land Acres: 0.73
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 17 ARNWOOD SUB

Ownership

  • Current Owner : DRUDING JACOB
  • Previous Owner : COOK DAVID L
  • Previous Owner 2: COOK SANDRA LEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Martinsville Schools Metropolitan School District
  • Census Tract: 510704

Geography

  • Assessors Map Reference: MP 43.0.54
  • Account Number: 0701301375017000
  • District: 0014
  • Section: 1
  • Parcel: 55-13-01-375-017.000-020
  • Lot: 17
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.4148
  • Longitude: -86.3798

    Address

  • Full Address: 1027 S Teresa Dr
  • Address - House Number: 1027
  • Street Direction: S
  • Address - Street Name: Teresa
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Martinsville
  • Carrier Code: R011
  • 4-Digit Zip Code: 6730
  • Zip Code: 46151

Valuation

    Tax

  • Total Area: 3,436
  • Tax Year: 2022
  • Tax Amount: $1,252
  • Tax Rate Code Area: 20:WASHING

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 382,342
  • High Value: 449,096
  • Low Value: 315,588

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $241,414
  • First Open Lien Mortgage Lender: BALLEY & WOOD FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Loan Amount: $241,414
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $294,900
  • Market Land Value: $46,700
  • Market Improvement Value: $248,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,900
  • Assessed Land Value: $46,700
  • Assessed Improvements Value: $248,200

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Transaction ID: 11772849494
  • Current Sale Price: $301,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202007219

    Last Sale Mortgage

  • First Mortgage Lender: BALLEY & WOOD FINANCIAL GROUP
  • First Mortgage Transaction Date: Jun 30, 2020
  • First Mortgage Loan Amount: $241,414
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Morgan



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1027 South Teresa Drive located in?
The 1027 South Teresa Drive is a house located in the neighborhood of Washington in Morgan, Martinsville.
What is the average sales price for listings in 1027 South Teresa Drive?
The average sales price for units in 1027 South Teresa Drive is $229,000 , or $67/sqft. currently.

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