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1132 Somerset Lane

1132 Somerset Lane, Fort Wayne, IN 46805
Property in Northside
Sold Jan 23, 2017
$57,000
$45,600 by Three Rivers Fcu
Mortgage Due Feb 01, 2032
1132 Somerset Lane in Fort Wayne, IN was first built in 1950 and is 74 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1132 Somerset Lane has 1,206 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 734 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 730 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 14,600 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 384 sqft. There are a total of 2 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 masonry 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 fair. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. 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. 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, 1132 Somerset Lane was last sold in Dec 14, 2016 for $57,000. According to our calculations, that's $24.53 per sqft. Current property owners are expected to pay $1,724 in taxes per year. The property on 1132 Somerset Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $155,400. To break that down further, the land itself was valued at $16,600. While improvements to the property were assessed at a total of $138,800. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 734
  • Garage Type: Attached
  • Garage Square Area: 384
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,600
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 730
  • Total Building Area: 2,324
  • Gross Building Area: 2,324
  • Building Area: 1,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,206
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HARLEY SMOCKS ADD
  • Land Acres: 0.335
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 12 HARLEY SMOCKS ADD

Ownership

  • Current Owner : SEABURY MARK J
  • Current Owner 2: SEABURY HOLLI ANN
  • Previous Owner : BURRIS TODD R
  • Previous Owner 2: LOGAN TIMOTHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fort Wayne Community Schools
  • Census Tract: 000100

Geography

  • Assessors Map Reference: 6302-B4
  • District: 0020
  • Section: 253012
  • Parcel: 02-07-25-451-001.000-074
  • Lot: 12
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 41.1074
  • Longitude: -85.1249

    Address

  • Full Address: 1132 Somerset Ln
  • Address - House Number: 1132
  • Address - Street Name: Somerset
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Fort Wayne
  • Carrier Code: C037
  • 4-Digit Zip Code: 2138
  • Zip Code: 46805

Valuation

    Tax

  • Total Area: 1,940
  • Tax Year: 2022
  • Tax Amount: $1,724
  • Tax Rate Code Area: 74

    Appraisal Valuation

  • Standard Deviation: 0.2349
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 179,986
  • High Value: 222,282
  • Low Value: 137,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $45,600
  • First Open Lien Mortgage Lender: THREE RIVERS FCU
  • First Open Lien Mortgage Recording Date: Jan 23, 2017
  • First Open Lien Mortgage Loan Amount: $45,600
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2032

    Market Valuation

  • Market Total Value: $155,400
  • Market Land Value: $16,600
  • Market Improvement Value: $138,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $155,400
  • Assessed Land Value: $16,600
  • Assessed Improvements Value: $138,800

    Sales

  • Current Sale Contract Date: Dec 14, 2016
  • Current Sale Recording Date: Jan 23, 2017
  • Current Sale Transaction ID: 1945804654
  • Current Sale Price: $57,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017004618

    Last Sale Mortgage

  • First Mortgage Lender: THREE RIVERS FCU
  • First Mortgage Transaction Date: Jan 23, 2017
  • First Mortgage Loan Amount: $45,600
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2032

About Northside



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Frequently Asked Questions

What neighborhood is 1132 Somerset Lane located in?
The 1132 Somerset Lane is a located in the neighborhood of Northside in Northside, Fort Wayne.
What is the average sales price for listings in 1132 Somerset Lane?
The average sales price for units in 1132 Somerset Lane is $0 currently.

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