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125 Riviera Drive

125 Riviera Drive, Michigan City, IN 46360
Property in Coolspring
Sold Oct 30, 2020
$170,000
$136,000 by Members Advantage Cu
Mortgage
125 Riviera Drive in Michigan City, IN was first built in 2003 and is 21 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 125 Riviera Drive has 1,552 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 linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,410. In total, the area measurement of the land is 7,057 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 484 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 frame 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 average. 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. The property was last sold in Sep 29, 2020 for $170,000. That's $83.50 per sqft. 125 Riviera Drive was last assessed in 2022. The total value of the property was assessed at $152,100. While improvements on the property were assessed at a total of $152,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,521. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,057
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,036
  • Gross Building Area: 2,036
  • Building Area: 1,552
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,552
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUBURBAN ESTATES CONDOS
  • Land Acres: 0.162
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: 13-05-05-300-050 SUBURBAN ESTATES CONDOS PT LT 15 & 16 UNIT 125

Ownership

  • Current Owner : MORTON HOWARD V
  • Current Owner 2: MORTON LINDA S
  • Previous Owner : SOMMER TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Michigan City Area Schools
  • Census Tract: 040400

Geography

  • Assessors Map Reference: 05-05-000-052
  • District: 0004
  • Section: 5
  • Parcel: 46-05-05-300-050.000-009
  • Lot: 15,16
  • Municipality: COOLSPRING TOWNSHIP
  • Latitude: 41.6859
  • Longitude: -86.9068

    Address

  • Full Address: 125 Riviera Dr
  • Address - House Number: 125
  • Address - Street Name: Riviera
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Michigan City
  • Carrier Code: C026
  • 4-Digit Zip Code: 6800
  • Zip Code: 46360

Valuation

    Tax

  • Total Area: 1,552
  • Tax Year: 2022
  • Tax Amount: $1,521
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.2213
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 69
  • Final Value: 250,838
  • High Value: 306,371
  • Low Value: 195,305

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: MEMBERS ADVANTAGE CU
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Loan Amount: $136,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $152,100
  • Market Improvement Value: $152,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $152,100
  • Assessed Improvements Value: $152,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11799726200
  • Current Sale Price: $170,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020R-13842

    Last Sale Mortgage

  • First Mortgage Lender: MEMBERS ADVANTAGE CU
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 125 Riviera Drive located in?
The 125 Riviera Drive is a located in the neighborhood of Coolspring in Michigan City, Michigan City.
What is the average sales price for listings in 125 Riviera Drive?
The average sales price for units in 125 Riviera Drive is $0 currently.

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