Sold Nov 24, 2014
$99,900
Buyer
Seller
$79,920
Mortgage Due Dec 01, 2044
Local assessors in Michigan City, IN have categorized 117 South Lake Avenue as a residential type of property.
The home was built in 1948 and is 76 years old.
The property's lot size has been calculated to be 4,000 square feet.
The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 400 ft.
Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 2 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 is one full bathroom.
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 117 South Lake Avenue has a total of 960 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 a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 concrete block 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 - D. The building has a roof that is made of asphalt. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 117 South Lake Avenue sold most recently in Nov 18, 2014 for a total of $99,900. If you work out the math, that's approximately a cost of $52.03 per sqft. 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 $4,242 in taxes each year. 117 South Lake Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $212,100. If we break it down further, the land itself was valued at $112,000. Improvements to the property, however, were assessed at a total of $100,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.
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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 concrete block 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 - D. The building has a roof that is made of asphalt. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 117 South Lake Avenue sold most recently in Nov 18, 2014 for a total of $99,900. If you work out the math, that's approximately a cost of $52.03 per sqft. 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 $4,242 in taxes each year. 117 South Lake Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $212,100. If we break it down further, the land itself was valued at $112,000. Improvements to the property, however, were assessed at a total of $100,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.
117 South Lake Avenue, Michigan City, IN 46360
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