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1040 Morning Glory Lane

1040 Morning Glory Lane, Shelbyville, KY 40065
Property in Shelby
Sold Feb 01, 2021
$351,000
$333,450 by Old National Bank
Mortgage Due Feb 01, 2051
Sold Feb 01, 2021
$351,000
Local assessors in Shelbyville, KY have categorized 1040 Morning Glory Lane as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 16,117 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1040 Morning Glory Lane has a total of 1,972 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement with daylight that is 1,972 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 600 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. 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 hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1040 Morning Glory Lane sold most recently in Jan 25, 2021 for a total of $351,000. If you work out the math, that's approximately a cost of $177.99 per sqft. Before that, the property was also sold for $351,000 in Jan 25, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,735 in taxes each year. 1040 Morning Glory Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $351,000. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement with daylight
  • Basement Area: 1,972
  • Parking Type: Attached
  • Garage Type: Mixed use
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,972
  • Building Area: 1,972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,972
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OLD MILL VILLAGE
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLD MILL VILLAGE SEC III LOT 14

Ownership

  • Current Owner : MURPHY MATTHEW DAVID
  • Previous Owner : WEICHERT WORKFORCE MOBILITY INC
  • Owner Before Previous Owner: CAPPS BRANDON
  • Owner Before Previous Owner 2: CAPPS MEGGAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • School Tax School District: SHELBYVILLE
  • Census Tract: 040202

Zoning

  • Zoning: RESIDENTIA

Geography

  • Account Number: 0053191
  • District: 01
  • Section: 3
  • Parcel: 040A-00-071
  • Lot: 14
  • Municipality: SHELBYVILLE
  • Latitude: 38.229
  • Longitude: -85.243

    Address

  • Full Address: 1040 Morning Glory Ln
  • Address - House Number: 1040
  • Address - Street Name: Morning Glory
  • Address - Suffix Type: Ln
  • State: KY
  • City Name: Shelbyville
  • Carrier Code: R015
  • 4-Digit Zip Code: 7724
  • Zip Code: 40065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,735
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 62
  • Final Value: 422,232
  • High Value: 533,043
  • Low Value: 311,420

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $333,450
  • First Open Lien Mortgage Lender: OLD NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Loan Amount: $333,450
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $351,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,000

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: Feb 01, 2021
  • Current Sale Transaction ID: 11816243322
  • Current Sale Price: $351,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 469082
  • Previous Sale Recording Date: Feb 01, 2021
  • Previous Sale Contract Date: Jan 25, 2021
  • Previous Sale Amount: $351,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD NATIONAL BANK
  • First Mortgage Transaction Date: Feb 01, 2021
  • First Mortgage Loan Amount: $333,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About Shelbyville



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Frequently Asked Questions

What neighborhood is 1040 Morning Glory Lane located in?
The 1040 Morning Glory Lane is a located in the neighborhood of Shelby in Shelbyville, Shelbyville.
What is the average sales price for listings in 1040 Morning Glory Lane?
The average sales price for units in 1040 Morning Glory Lane is $0 currently.

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