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174 North Summerfield Drive

174 North Summerfield Drive, Valparaiso, IN 46385
Property in Union
Sold Aug 21, 2017
$437,500
$350,000 by Horizon Bank
Mortgage Due Sep 01, 2047
174 North Summerfield Drive has been categorized by the local assessors in Valparaiso, IN as a residential type of property. The building on the property was first built in 2017 and is 7 years old. The home has a total of 13 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 174 North Summerfield Drive has 3,978 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 2,262 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 11,805 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 660 sqft. According to our sources, there are a total of 3 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 174 North Summerfield Drive was last sold in Aug 9, 2017 for $437,500. According to our calculations, that's $84.39 per sqft. Current property owners are expected to pay $4,679 in taxes per year. The property on 174 North Summerfield Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $612,000. To break that down further, the land itself was valued at $74,400. While improvements to the property were assessed at a total of $537,600. 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. 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.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: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 2,262
  • Garage Type: Attached
  • Garage Square Area: 660
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 11,805
  • Total Building Area: 5,184
  • Gross Building Area: 5,184
  • Building Area: 3,978
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,978
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SAGAMORE PH 2
  • Land Acres: 0.271
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SAGAMORE PH 2 LOT R 47 .271A

Ownership

  • Current Owner : MEYER KENTON SCOTT
  • Current Owner 2: MEYER COLLEEN
  • Previous Owner : VALENTI CONSTRUCTION INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union Township School Corporation
  • Census Tract: 051005

Geography

  • District: 0010
  • Section: Jan 01, 1970
  • Parcel: 64-09-29-404-001.000-019
  • Lot: R
  • Municipality: UNION TOWNSHIP
  • Latitude: 41.4562
  • Longitude: -87.131

    Address

  • Full Address: 174 N Summerfield Dr
  • Address - House Number: 174
  • Street Direction: N
  • Address - Street Name: Summerfield
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Valparaiso
  • Carrier Code: R032
  • 4-Digit Zip Code: 7813
  • Zip Code: 46385

Valuation

    Tax

  • Total Area: 4,524
  • Tax Year: 2022
  • Tax Amount: $4,679
  • Tax Rate Code Area: 3:UNION TO

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 75
  • Final Value: 641,154
  • High Value: 759,830
  • Low Value: 522,478

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: HORIZON BANK
  • First Open Lien Mortgage Recording Date: Aug 21, 2017
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Market Valuation

  • Market Total Value: $612,000
  • Market Land Value: $74,400
  • Market Improvement Value: $537,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,000
  • Assessed Land Value: $74,400
  • Assessed Improvements Value: $537,600

    Sales

  • Current Sale Contract Date: Aug 09, 2017
  • Current Sale Recording Date: Aug 21, 2017
  • Current Sale Transaction ID: 1733365787
  • Current Sale Price: $437,500
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 2017-020384

    Last Sale Mortgage

  • First Mortgage Lender: HORIZON BANK
  • First Mortgage Transaction Date: Aug 21, 2017
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 174 North Summerfield Drive located in?
The 174 North Summerfield Drive is a located in the neighborhood of Union in Porter, Valparaiso.
What is the average sales price for listings in 174 North Summerfield Drive?
The average sales price for units in 174 North Summerfield Drive is $0 currently.

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