10580 State Rte 331

10580 State Rte 331 in Bourbon, IN was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1960. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 10580 State Rte 331 has 3,035 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 basement is 1,696 sqft and has been categorized as a unknown. In total, the area measurement of the land is 228,385 square feet.

Learn more about the property and building on this page. The roof of the home is made of materials that we aren't sure of. For those who need parking, there is a detached garage. The garage is 1,344 sqft. There are a total of 5 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 concrete block 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. 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, 10580 State Rte 331 sold most recently in Nov 16, 2011 for a total of $187,500. If you work out the math, that's approximately a cost of $39.63 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 $1,941 in taxes each year. 10580 State Rte 331 was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $300,800. If we break it down further, the land itself was valued at $62,400. Improvements to the property, however, were assessed at a total of $238,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.