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1132 Loft Cove

1132 Loft Cove, Evansville, IN 47715
Property in Knight
Sold Jul 08, 2022
$75,000
$312,000 by German American Bank
Mortgage Due Jul 10, 2037
Sold Jun 21, 2019
$83,200
$66,595 by Legacy Bank
Mortgage Due Jul 01, 2039
1132 Loft Cove has been categorized by the local assessors in Evansville, IN as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1132 Loft Cove has 660 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,355 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a row home style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of asphalt. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1132 Loft Cove sold most recently in Jun 29, 2022 for a total of $75,000. If you work out the math, that's approximately a cost of $113.64 per sqft. Before that, the property was also sold for $83,200 in Jun 21, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $987 in taxes each year. The initial year of tax delinquency occurred in 2022. 1132 Loft Cove was most recently assessed in 2023. 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 $8,000. Improvements to the property, however, were assessed at a total of $88,200. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Building Style: Row home
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,355
  • Lot Size Frontage Feet: 0
  • Total Building Area: 660
  • Building Area: 660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 660
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EDEN PLACE
  • Land Acres: 0.031
  • Standard Land Use Code: Row house (residential)
  • Legal Description 1: THE LOFTS LOT 3 BLDG 1

Ownership

  • Current Owner : STINSON HOLDINGS LLC
  • Previous Owner : TOM IRVIN
  • Owner Before Previous Owner: BUFKIN DIETERIE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Evansville-Vanderburgh School Corporation
  • Census Tract: 010101

Geography

  • Assessors Map Reference: CITY KNIGHT-12
  • Account Number: 093-61-13-1990-03
  • District: 0005
  • Section: N44
  • Parcel: 82-06-24-013-199.003-027
  • Lot: 3
  • Municipality: KNIGHT TOWNSHIP
  • Latitude: 37.9874
  • Longitude: -87.4877

    Address

  • Full Address: 1132 Loft Cv
  • Address - House Number: 1132
  • Address - Street Name: Loft
  • Address - Suffix Type: Cv
  • State: IN
  • City Name: Evansville
  • Carrier Code: C023
  • 4-Digit Zip Code: 7809
  • Zip Code: 47715

Valuation

    Tax

  • Total Area: 660
  • Tax Year: 2022
  • Tax Amount: $987
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 9:EVANSVIL

    Appraisal Valuation

  • Standard Deviation: 0.2195
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 319,391
  • High Value: 389,500
  • Low Value: 249,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,000
  • First Open Lien Mortgage Lender: GERMAN AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Jul 08, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $312,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jul 10, 2037

    Market Valuation

  • Market Total Value: $96,200
  • Market Land Value: $8,000
  • Market Improvement Value: $88,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,200
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $88,200

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Transaction ID: 11891479345
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16771
  • Previous Sale Recording Date: Jun 21, 2019
  • Previous Sale Contract Date: Jun 21, 2019
  • Previous Sale Amount: $83,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GERMAN AMERICAN BANK
  • First Mortgage Transaction Date: Jul 08, 2022
  • First Mortgage Loan Amount: $312,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jul 10, 2037

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LEGACY BANK
  • Previous Mortgage Transaction Date: Jun 21, 2019
  • Previous Mortgage Loan Amount: $66,595
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2039

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Frequently Asked Questions

What neighborhood is 1132 Loft Cove located in?
The 1132 Loft Cove is a located in the neighborhood of Knight in Evansville North Side, Evansville.
What is the average sales price for listings in 1132 Loft Cove?
The average sales price for units in 1132 Loft Cove is $0 currently.

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