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1502 Sherwood Drive

1502 Sherwood Drive, Anderson, IN 46012
Property in Anderson
Sold Nov 17, 2021
$179,200
$176,790 by Us Mortgage Corp
Mortgage
Local assessors in Anderson, IN have categorized 1502 Sherwood Drive as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 13,500 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 900 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 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 1502 Sherwood Drive has a total of 1,540 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 water system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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 - C-. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Nov 16, 2021 for $179,200. That's $116.36 per sqft. 1502 Sherwood Drive was last assessed in 2023. The total value of the property was assessed at $81,900. Specifically, the land the property is located on was valued at $13,500. While improvements on the property were assessed at a total of $68,400. 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 $879. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1962
  • Effective Year Built: 1962
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTHCREST 2ND CONTINUATION
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTHCREST 2ND 0.0000ACRES STR: 00000 SECTION: PLAT: 00 IN: OUT:

Ownership

  • Current Owner : REYNOLDS JOSHUA
  • Previous Owner : SCOTT JAMES M
  • Previous Owner 2: SCOTT YVONNE N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Anderson Community School Corporation
  • Census Tract: 001300

Geography

  • Assessors Map Reference: MP I11-L
  • Account Number: 18-368B-1-5Z
  • District: 0002
  • Parcel: 48-12-06-100-067.000-003
  • Municipality: ANDERSON TOWNSHIP
  • Latitude: 40.1308
  • Longitude: -85.6531

    Address

  • Full Address: 1502 Sherwood Dr
  • Address - House Number: 1502
  • Address - Street Name: Sherwood
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Anderson
  • Carrier Code: C064
  • 4-Digit Zip Code: 2828
  • Zip Code: 46012

Valuation

    Tax

  • Total Area: 1,540
  • Tax Year: 2022
  • Tax Amount: $879
  • Tax Rate Code Area: 18:ANDERSO

    Appraisal Valuation

  • Standard Deviation: 0.2705
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 61
  • Final Value: 192,842
  • High Value: 245,008
  • Low Value: 140,676

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,790
  • First Open Lien Mortgage Lender: US MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Loan Amount: $176,790
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $81,900
  • Market Land Value: $13,500
  • Market Improvement Value: $68,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,900
  • Assessed Land Value: $13,500
  • Assessed Improvements Value: $68,400

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Transaction ID: 11870041446
  • Current Sale Price: $179,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R22226

    Last Sale Mortgage

  • First Mortgage Lender: US MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 17, 2021
  • First Mortgage Loan Amount: $176,790
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Anderson



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Unit for rent at 529 Ravens Lake Dr, Anderson, IN, 46012

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Frequently Asked Questions

What neighborhood is 1502 Sherwood Drive located in?
The 1502 Sherwood Drive is a located in the neighborhood of Anderson in Anderson, Anderson.
What is the average sales price for listings in 1502 Sherwood Drive?
The average sales price for units in 1502 Sherwood Drive is $0 currently.

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