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1421 Miami Lane

1421 Miami Lane, Martinsville, IN 46151
Property in Washington
Sold Feb 05, 2021
$189,300
$193,347 by Usaa Fsb
Mortgage Due Feb 01, 2051
Sold Feb 24, 2014
$139,200
$137,375 by Academy Mortgage Corp
Mortgage Due Mar 01, 2044
1421 Miami Lane has been categorized by the local assessors in Martinsville, IN as a residential type of property. The building on the property was first built in 2013 and is 11 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1421 Miami Lane has 2,133 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 10 ft and across the front of the lot is 10 ft. The area measurement of the land has been determined as 5,793 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 483 sqft. According to our sources, there are a total of 2 available parking spaces. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. 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 none 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, 1421 Miami Lane was last sold in Jan 15, 2021 for $189,300. According to our calculations, that's $88.75 per sqft. Prior to that sales transaction, the property was sold for $139,200 in Feb 21, 2014. Current property owners are expected to pay $2,068 in taxes per year. The property on 1421 Miami Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $256,600. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $216,600. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Other
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,793
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 10
  • Total Building Area: 2,133
  • Building Area: 2,133
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,133
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: INDIAN CREEK VILLAGE
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 110 INDIAN CREEK VILLAGE SEC 1

Ownership

  • Current Owner : ARD WILLIAM J
  • Current Owner 2: ARD ALYCIA MAE
  • Previous Owner : WILLIAMS PATRICK R
  • Owner Before Previous Owner: VIC SPINA CUSTOM HOMES INC

Neighborhood

  • School District Name: Martinsville Schools Metropolitan School District
  • Census Tract: 510704

Geography

  • Assessors Map Reference: MP 60.0.43
  • Account Number: 0711310180027000
  • District: 0014
  • Section: 1
  • Parcel: 55-13-10-180-027.000-021
  • Lot: 110
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.4081
  • Longitude: -86.4107

    Address

  • Full Address: 1421 Miami Ln
  • Address - House Number: 1421
  • Address - Street Name: Miami
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Martinsville
  • Carrier Code: R015
  • 4-Digit Zip Code: 6202
  • Zip Code: 46151

Valuation

    Tax

  • Total Area: 2,133
  • Tax Year: 2022
  • Tax Amount: $2,068
  • Tax Rate Code Area: 21:MARTINS

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 274,994
  • High Value: 319,722
  • Low Value: 230,267

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $193,347
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Feb 05, 2021
  • First Open Lien Mortgage Loan Amount: $193,347
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $256,600
  • Market Land Value: $40,000
  • Market Improvement Value: $216,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,600
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $216,600

    Sales

  • Current Sale Contract Date: Jan 15, 2021
  • Current Sale Recording Date: Feb 05, 2021
  • Current Sale Transaction ID: 11823639808
  • Current Sale Price: $189,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202101653
  • Previous Sale Recording Date: Feb 24, 2014
  • Previous Sale Contract Date: Feb 21, 2014
  • Previous Sale Amount: $139,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Feb 05, 2021
  • First Mortgage Loan Amount: $193,347
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Feb 24, 2014
  • Previous Mortgage Loan Amount: $137,375
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2044

About Martinsville



Similar Buildings

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Frequently Asked Questions

What neighborhood is 1421 Miami Lane located in?
The 1421 Miami Lane is a located in the neighborhood of Washington in Martinsville, Martinsville.
What is the average sales price for listings in 1421 Miami Lane?
The average sales price for units in 1421 Miami Lane is $0 currently.

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