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1120 West Lexington Avenue

1120 West Lexington Avenue, Elkhart, IN 46514
Property in Strong
Sold Jun 07, 2023
$186,200
$140,000 by Ruoff Mortgage Company, Inc.
Mortgage Due Jun 01, 2053
Sold Dec 22, 2009
$89,000
1120 West Lexington Avenue has been categorized by the local assessors in Elkhart, IN as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1120 West Lexington Avenue has 1,192 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 465 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 410 ft. The area measurement of the land has been determined as 5,401 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1120 West Lexington Avenue sold most recently in Jun 6, 2023 for a total of $186,200. If you work out the math, that's approximately a cost of $112.37 per sqft. Before that, the property was also sold for $89,000 in Dec 17, 2009. 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 $1,966 in taxes each year. 1120 West Lexington Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $96,200. If we break it down further, the land itself was valued at $15,200. Improvements to the property, however, were assessed at a total of $81,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Aluminum Siding

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 465
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,657
  • Gross Building Area: 1,657
  • Building Area: 1,192
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,192
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: STRONGS ADD 03
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: W1/2 STRONGS 3RD LOT 166

Ownership

  • Current Owner : HEISE SPENCER
  • Current Owner 2: HEISE MARISSA
  • Previous Owner : HEARTLAND HC LLC
  • Owner Before Previous Owner: HEARTLAND HC LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Elkhart Community Schools
  • Census Tract: 002400

Zoning

  • Zoning: ZO01

Geography

  • District: 0005
  • Parcel: 20-06-06-455-029.000-012
  • Block: 455
  • Lot: 166
  • Municipality: CONCORD TOWNSHIP
  • Latitude: 41.6841
  • Longitude: -85.9912

    Address

  • Full Address: 1120 W Lexington Ave
  • Address - House Number: 1120
  • Street Direction: W
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Elkhart
  • Carrier Code: C068
  • 4-Digit Zip Code: 2447
  • Zip Code: 46514

Valuation

    Tax

  • Total Area: 1,655
  • Tax Year: 2022
  • Tax Amount: $1,966
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.16
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 154,335
  • High Value: 179,044
  • Low Value: 129,626

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY, INC.
  • First Open Lien Mortgage Recording Date: Jun 07, 2023
  • First Open Lien Mortgage Loan Amount: $140,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $96,200
  • Market Land Value: $15,200
  • Market Improvement Value: $81,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,200
  • Assessed Land Value: $15,200
  • Assessed Improvements Value: $81,000

    Sales

  • Current Sale Contract Date: Jun 06, 2023
  • Current Sale Recording Date: Jun 07, 2023
  • Current Sale Transaction ID: 11908158871
  • Current Sale Price: $186,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8943
  • Previous Sale Recording Date: Dec 22, 2009
  • Previous Sale Contract Date: Dec 17, 2009
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Contract of Sale

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY, INC.
  • First Mortgage Transaction Date: Jun 07, 2023
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: HEARTLAND HC LLC
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Jan 01, 2040

About Strong



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Frequently Asked Questions

What neighborhood is 1120 West Lexington Avenue located in?
The 1120 West Lexington Avenue is a located in the neighborhood of Strong in Strong, Elkhart.
What is the average sales price for listings in 1120 West Lexington Avenue?
The average sales price for units in 1120 West Lexington Avenue is $0 currently.

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