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140 East Commerce Street

140 East Commerce Street, Macy, IN 46951
Property in Allen
Sold Aug 12, 2021
$41,200
$40,700 by Ruoff Mortgage Company Inc
Mortgage Due Sep 01, 2051
Sold Jan 10, 2017
$48,900
140 East Commerce Street in Macy, IN was first built in 1880 and is 144 years old. Although, the building on the property was most recently renovated and altered in 1956. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 140 East Commerce Street has 1,652 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 1,980 ft and the linear feet between the front and back of the lot is 990. In total, the area measurement of the land is 19,602 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 none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a detached garage. The garage is 576 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D+. 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 Aug 11, 2021 for $41,200. That's $24.94 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $48,900. 140 East Commerce Street was last assessed in 2023. The total value of the property was assessed at $52,800. Specifically, the land the property is located on was valued at $9,400. While improvements on the property were assessed at a total of $43,400. 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 $280. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1880
  • Effective Year Built: 1956
  • Total Rooms: 7
  • 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
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 1,980
  • Total Building Area: 1,652
  • Building Area: 1,652
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,652
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL PLAT
  • Land Acres: 0.45
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORIGINAL PLAT LOTS 13 & 14 DA 585/593 03 000 02100

Ownership

  • Current Owner : MUNGER ROLAND L
  • Previous Owner : KELLY MICHELLE
  • Owner Before Previous Owner: MICHELLE KELLY

Neighborhood

  • School District Name: North Miami Community Schools
  • Census Tract: 952000

Geography

  • Assessors Map Reference: 02-18-202-086
  • Account Number: 002-00021-00
  • District: 0001
  • Parcel: 52-02-18-302-017.000-002
  • Lot: 13-14
  • Municipality: ALLEN TOWNSHIP
  • Latitude: 40.9593
  • Longitude: -86.1292

    Address

  • Full Address: 140 E Commerce St
  • Address - House Number: 140
  • Street Direction: E
  • Address - Street Name: Commerce
  • Address - Suffix Type: St
  • State: IN
  • City Name: Macy
  • Carrier Code: R777
  • 4-Digit Zip Code: 4212
  • Zip Code: 46951

Valuation

    Tax

  • Total Area: 1,592
  • Tax Year: 2023
  • Tax Amount: $280
  • Tax Rate Code Area: 2:MACY TWP

    Appraisal Valuation

  • Standard Deviation: 0.3433
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 31
  • Final Value: 56,540
  • High Value: 75,951
  • Low Value: 37,128

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,700
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $40,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $52,800
  • Market Land Value: $9,400
  • Market Improvement Value: $43,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,800
  • Assessed Land Value: $9,400
  • Assessed Improvements Value: $43,400

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11854182814
  • Current Sale Price: $41,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210523989
  • Previous Sale Recording Date: Jan 10, 2017
  • Previous Sale Amount: $48,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $40,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

About Macy



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Frequently Asked Questions

What neighborhood is 140 East Commerce Street located in?
The 140 East Commerce Street is a located in the neighborhood of Allen in Macy, Macy.
What is the average sales price for listings in 140 East Commerce Street?
The average sales price for units in 140 East Commerce Street is $0 currently.

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