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1124 Cherry Lane

1124 Cherry Lane, West Lafayette, IN 47906
Sold May 08, 2018
$289,900
$231,920 by Security Fsb
Mortgage Due May 07, 2038
Sold Jun 01, 2011
Transfer
Local assessors in West Lafayette, IN have categorized 1124 Cherry Lane as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 1991. The property's lot size has been calculated to be 14,450 square feet. The linear feet between the front and back of the lot was measured at 1,700 ft and the front of the lot was measured at 850 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. 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 1124 Cherry Lane has a total of 1,704 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 that is 725 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 municipal 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 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown 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 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 brick 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1124 Cherry Lane was last sold in May 1, 2018 for $289,900. According to our calculations, that's $106.70 per sqft. Current property owners are expected to pay $7,281 in taxes per year. The property on 1124 Cherry Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $307,200. To break that down further, the land itself was valued at $55,000. While improvements to the property were assessed at a total of $252,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Unknown
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 725
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,450
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,717
  • Gross Building Area: 2,717
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTHWESTERN HGTS
  • Land Acres: 0.332
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: NORTHWESTERN HGTS SEC 4 LOT 84

Ownership

  • Current Owner : NAYDUG DWELLINGS LLC
  • Previous Owner : WELCH TRUST
  • Owner Before Previous Owner: PRATER KENNETH D
  • Owner Before Previous Owner 2: PRATER SANDRA H
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: West Lafayette Community School Corporation
  • Census Tract: 010208

Geography

  • District: 0010
  • Section: 4
  • Parcel: 79-07-18-156-028.000-026
  • Lot: 84
  • Municipality: WABASH TOWNSHIP
  • Latitude: 40.4391
  • Longitude: -86.923

    Address

  • Full Address: 1124 Cherry Ln
  • Address - House Number: 1124
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: West Lafayette
  • Carrier Code: C051
  • 4-Digit Zip Code: 2202
  • Zip Code: 47906

Valuation

    Tax

  • Total Area: 2,429
  • Tax Year: 2022
  • Tax Amount: $7,281
  • Tax Rate Code Area: 026

    Appraisal Valuation

  • Standard Deviation: 0.1867
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 75
  • Final Value: 456,214
  • High Value: 541,432
  • Low Value: 370,997

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $231,920
  • First Open Lien Mortgage Lender: SECURITY FSB
  • First Open Lien Mortgage Recording Date: May 08, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $231,920
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 07, 2038

    Market Valuation

  • Market Total Value: $307,200
  • Market Land Value: $55,000
  • Market Improvement Value: $252,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $307,200
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $252,200

    Sales

  • Current Sale Contract Date: May 01, 2018
  • Current Sale Recording Date: May 08, 2018
  • Current Sale Transaction ID: 11464259346
  • Current Sale Price: $289,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201818008283
  • Previous Sale Recording Date: Jun 01, 2011
  • Previous Sale Contract Date: May 20, 2011
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY FSB
  • First Mortgage Transaction Date: May 08, 2018
  • First Mortgage Loan Amount: $231,920
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 07, 2038

    Financing

  • First Mortgage Financing Type: Variable

About Northwestern Heights



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Frequently Asked Questions

What neighborhood is 1124 Cherry Lane located in?
The 1124 Cherry Lane is a house located in the neighborhood of Northwestern Heights in Northwestern Heights, West Lafayette.
What is the average sales price for listings in 1124 Cherry Lane?
The average sales price for units in 1124 Cherry Lane is $0 currently.

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