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1396 Dixie Highway

1396 Dixie Highway, Mitchell, IN 47446
House in Marion
Sold May 19, 2020
$94,700
$75,757 by Federal Savings Bank
Mortgage Due Jun 01, 2050
1396 Dixie Highway has been categorized by the local assessors in Mitchell, IN as a residential type of property. The building on the property was first built in 1889 and is 135 years old. However, we must point out that the home was most recently renovated and altered in 1940. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1396 Dixie Highway has 1,404 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 20,038 square feet.

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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ 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. Finally, the property is currently sourcing its water from a water system. 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, 1396 Dixie Highway was last sold in Jan 1, 1970 for $94,700. According to our calculations, that's $67.45 per sqft. Current property owners are expected to pay $264 in taxes per year. The property on 1396 Dixie Highway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $67,800. To break that down further, the land itself was valued at $11,300. While improvements to the property were assessed at a total of $56,500. 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. 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. 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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1889
  • Effective Year Built: 1940
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 15 TWP 4 R1W .46A W CENT PT SW NE SE

Ownership

  • Current Owner : BRAZZELL SAMSON A
  • Previous Owner : PIERCE LORI L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mitchell Community Schools
  • Census Tract: 951202

Geography

  • Assessors Map Reference: MP 43
  • Account Number: 0400152000P15A
  • District: 0004
  • Section: 15A
  • Parcel: 47-11-15-400-043.000-004
  • Meridian: SEC 15 TWN 4 RNG 1W
  • Municipality: MARION TOWNSHIP
  • Latitude: 38.7793
  • Longitude: -86.5024

    Address

  • Full Address: 1396 Dixie Hwy
  • Address - House Number: 1396
  • Address - Street Name: Dixie
  • Address - Suffix Type: Hwy
  • State: IN
  • City Name: Mitchell
  • Carrier Code: R001
  • 4-Digit Zip Code: 5233
  • Zip Code: 47446

Valuation

    Tax

  • Total Area: 1,404
  • Tax Year: 2022
  • Tax Amount: $264
  • Tax Rate Code Area: 4:MARION T

    Appraisal Valuation

  • Standard Deviation: 0.4588
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 8
  • Final Value: 85,850
  • High Value: 125,241
  • Low Value: 46,458

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,757
  • First Open Lien Mortgage Lender: FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: May 19, 2020
  • First Open Lien Mortgage Loan Amount: $75,757
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $67,800
  • Market Land Value: $11,300
  • Market Improvement Value: $56,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,800
  • Assessed Land Value: $11,300
  • Assessed Improvements Value: $56,500

    Sales

  • Current Sale Recording Date: May 19, 2020
  • Current Sale Transaction ID: 11763396116
  • Current Sale Price: $94,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020002584

    Last Sale Mortgage

  • First Mortgage Lender: FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: May 19, 2020
  • First Mortgage Loan Amount: $75,757
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jun 01, 2050

About Lawrence



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1396 Dixie Highway located in?
The 1396 Dixie Highway is a house located in the neighborhood of Marion in Lawrence, Mitchell.
What is the average sales price for listings in 1396 Dixie Highway?
The average sales price for units in 1396 Dixie Highway is $69,900 , or $50/sqft. currently.

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