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10638 East 500 North

10638 East 500 North, Van Buren, IN 46991
Property in Van Buren
Sold Sep 29, 2023
$303,702
$309,900 by Ruoff Mortgage Company, Inc.
Mortgage Due Oct 01, 2053
Sold Jun 21, 2021
$206,200
$203,500 by Regions Mortgage
Mortgage Due Jul 01, 2051
Local assessors in Van Buren, IN have categorized 10638 East 500 North as a residential type of property. The home was built in 1977 and is 47 years old. It was most recently renovated and altered in 2009. The property's lot size has been calculated to be 261,360 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10638 East 500 North has a total of 1,872 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. The home sources its water from none system. 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 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a above ground pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 wood 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 materials that we aren't sure of. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 10638 East 500 North sold most recently in Sep 27, 2023 for a total of $303,702. If you work out the math, that's approximately a cost of $162.23 per sqft. Before that, the property was also sold for $206,200 in Jun 18, 2021. 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 $1,156 in taxes each year. 10638 East 500 North was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $192,000. If we break it down further, the land itself was valued at $31,700. Improvements to the property, however, were assessed at a total of $160,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1977
  • Effective Year Built: 2009
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Wood
  • Roof Cover Type: Other
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 261,360
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 6
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 01-01-174.01 PT N NE SEC 14 5.90 A PER SURVEY 5/9/95 MP 0114-100-004.000

Ownership

  • Current Owner : WEIGLE CODY RYAN
  • Current Owner 2: MANSBARGER BAILEY K
  • Previous Owner : MITCHELL ZACHARY
  • Previous Owner 2: RIDDLE MIKA
  • Owner Before Previous Owner: JENKINS JARED
  • Owner Before Previous Owner 2: JENKINS KRISTIN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Eastbrook Community School Corporation
  • Census Tract: 010800

Geography

  • Account Number: 011410000400001
  • District: 0012
  • Section: 14
  • Parcel: 27-01-14-100-004.000-029
  • Municipality: VAN BUREN TOWNSHIP
  • Latitude: 40.6243
  • Longitude: -85.4726

    Address

  • Full Address: 10638 E 500 N
  • Address - House Number: 10638
  • Street Segment Direction: N
  • Street Direction: E
  • Address - Street Name: 500
  • State: IN
  • City Name: Van Buren
  • Carrier Code: R075
  • 4-Digit Zip Code: 9407
  • Zip Code: 46991

Valuation

    Tax

  • Total Area: 1,872
  • Tax Year: 2022
  • Tax Amount: $1,156
  • Tax Rate Code Area: 1:VAN BURE

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 273,277
  • High Value: 330,326
  • Low Value: 216,228

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $309,900
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY, INC.
  • First Open Lien Mortgage Recording Date: Oct 02, 2023
  • First Open Lien Mortgage Loan Amount: $309,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2053

    Market Valuation

  • Market Total Value: $192,000
  • Market Land Value: $31,700
  • Market Improvement Value: $160,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,000
  • Assessed Land Value: $31,700
  • Assessed Improvements Value: $160,300

    Sales

  • Current Sale Contract Date: Sep 27, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Transaction ID: 11913553668
  • Current Sale Price: $303,702
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7207
  • Previous Sale Recording Date: Jun 21, 2021
  • Previous Sale Contract Date: Jun 18, 2021
  • Previous Sale Amount: $206,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY, INC.
  • First Mortgage Transaction Date: Sep 29, 2023
  • First Mortgage Loan Amount: $309,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS MORTGAGE
  • Previous Mortgage Transaction Date: Jun 21, 2021
  • Previous Mortgage Loan Amount: $203,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2051

About Grant



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Frequently Asked Questions

What neighborhood is 10638 East 500 North located in?
The 10638 East 500 North is a located in the neighborhood of Van Buren in Grant, Van Buren.
What is the average sales price for listings in 10638 East 500 North?
The average sales price for units in 10638 East 500 North is $0 currently.

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