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10506 Lane Street

10506 Lane Street, Crown Point, IN 46307
House in Center
Sold Dec 02, 2021
$267,800
$214,200 by Wintrust Mortgage
Mortgage Due Dec 01, 2051
Sold May 10, 2018
Transfer
Local assessors in Crown Point, IN have categorized 10506 Lane Street as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 19,000 square feet. The linear feet between the front and back of the lot was measured at 1,900 ft and the front of the lot was measured at 1,000 ft. 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, 5 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 10506 Lane Street has a total of 1,772 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 456 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. The property was last sold in Dec 1, 2021 for $267,800. That's $120.20 per sqft. 10506 Lane Street was last assessed in 2023. The total value of the property was assessed at $286,000. Specifically, the land the property is located on was valued at $31,900. While improvements on the property were assessed at a total of $254,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,300. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Composite Shingle Siding
Vinyl Siding
Aluminum Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 456
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,000
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,228
  • Gross Building Area: 2,228
  • Building Area: 1,772
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,772
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK HEIGHTS ADD
  • Land Acres: 0.436
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: OAK HEIGHTS ADD. TO CROWN POINT L.4 BL.2

Ownership

  • Current Owner : RASMUSSEN MICHAEL
  • Previous Owner : OLSON GROUP NETWORK LLC
  • Owner Before Previous Owner: WILMINGTON SAVINGS FUND SOCIETY
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Crown Point Community School Corporation
  • Census Tract: 043001

Geography

  • Parcel: 45-16-06-303-012.000-041
  • Block: 2
  • Lot: 4
  • Municipality: CENTER TOWNSHIP
  • Latitude: 41.4268
  • Longitude: -87.3888

    Address

  • Full Address: 10506 Lane St
  • Address - House Number: 10506
  • Address - Street Name: Lane
  • Address - Suffix Type: St
  • State: IN
  • City Name: Crown Point
  • Carrier Code: C015
  • 4-Digit Zip Code: 2831
  • Zip Code: 46307

Valuation

    Tax

  • Total Area: 1,772
  • Tax Year: 2022
  • Tax Amount: $5,300
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.268
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 61
  • Final Value: 309,785
  • High Value: 392,831
  • Low Value: 226,740

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,200
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Loan Amount: $214,200
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $286,000
  • Market Land Value: $31,900
  • Market Improvement Value: $254,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,000
  • Assessed Land Value: $31,900
  • Assessed Improvements Value: $254,100

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11872448370
  • Current Sale Price: $267,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-540946
  • Previous Sale Recording Date: May 10, 2018
  • Previous Sale Contract Date: May 01, 2018
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $214,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Lake



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 10506 Lane Street located in?
The 10506 Lane Street is a house located in the neighborhood of Center in Lake, Crown Point.
What is the average sales price for listings in 10506 Lane Street?
The average sales price for units in 10506 Lane Street is $294,900 , or $166/sqft. currently.

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