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1765 Chapman Lake Drive

1765 Chapman Lake Drive, Warsaw, IN 46582
Property in Plain
Sold May 21, 2018
$565,000
$305,000 by First Federal Savings Bank
Mortgage Due Jun 01, 2048
Sold May 18, 2018
$565,000
Buyer
Seller
1765 Chapman Lake Drive in Warsaw, IN was first built in 2002 and is 22 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1765 Chapman Lake Drive has 1,746 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 1,000 ft and the linear feet between the front and back of the lot is 1,960. In total, the area measurement of the land is 19,600 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 attached garage. The garage is 528 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 B. The condition of the building has been evaluated as average. As for heating, the home is utilizing a solar heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1765 Chapman Lake Drive sold most recently in May 18, 2018 for a total of $565,000. If you work out the math, that's approximately a cost of $323.60 per sqft. Before that, the property was also sold for $565,000 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $9,194 in taxes each year. 1765 Chapman Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $775,400. If we break it down further, the land itself was valued at $247,400. Improvements to the property, however, were assessed at a total of $528,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,600
  • Lot Size Depth Feet: 1,960
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,746
  • Building Area: 1,746
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Solar
  • Heated Square Feet: 1,746
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ARROWHEAD PARK
  • Land Acres: 0.45
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 29-104-22 LOT 16 ARROWHEAD PARK, TR TO WATERS EDGE & TR S LOT .21A PER SURVEY

Ownership

  • Current Owner : PHILLIPS SCOTT ALLAN
  • Current Owner 2: PHILLIPS RICK LAWRENCE
  • Previous Owner : POLK DENNIS
  • Owner Before Previous Owner: DENNIS POLK

Neighborhood

  • School District Name: Warsaw Community Schools
  • Census Tract: 961700

Zoning

  • Zoning: RESID

Geography

  • Assessors Map Reference: MP 029-104-022
  • Account Number: 029-708005-02
  • District: 0009
  • Section: Jan 01, 1970
  • Subdivision Tract Number: S
  • Parcel: 43-07-26-200-382.000-016
  • Lot: 16
  • Meridian: SEC 26 TWN 33 RNG 6
  • Municipality: PLAIN TOWNSHIP
  • Latitude: 41.28
  • Longitude: -85.7871

    Address

  • Full Address: 1765 Chapman Lake Dr
  • Address - House Number: 1765
  • Address - Street Name: Chapman Lake
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Warsaw
  • Carrier Code: R006
  • 4-Digit Zip Code: 7837
  • Zip Code: 46582

Valuation

    Tax

  • Total Area: 2,274
  • Tax Year: 2023
  • Tax Amount: $9,194
  • Tax Rate Code Area: 16:PLAIN T

    Appraisal Valuation

  • Standard Deviation: 0.2072
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 666,722
  • High Value: 804,877
  • Low Value: 528,566

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $305,000
  • First Open Lien Mortgage Lender: FIRST FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: May 21, 2018
  • First Open Lien Mortgage Loan Amount: $305,000
  • 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: Jun 01, 2048

    Market Valuation

  • Market Total Value: $775,400
  • Market Land Value: $247,400
  • Market Improvement Value: $528,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $775,400
  • Assessed Land Value: $247,400
  • Assessed Improvements Value: $528,000

    Sales

  • Current Sale Contract Date: May 18, 2018
  • Current Sale Recording Date: May 21, 2018
  • Current Sale Transaction ID: 11468744087
  • Current Sale Price: $565,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018050891
  • Previous Sale Recording Date: May 18, 2018
  • Previous Sale Amount: $565,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: May 21, 2018
  • First Mortgage Loan Amount: $305,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

About Kosciusko



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Frequently Asked Questions

What neighborhood is 1765 Chapman Lake Drive located in?
The 1765 Chapman Lake Drive is a located in the neighborhood of Plain in Kosciusko, Warsaw.
What is the average sales price for listings in 1765 Chapman Lake Drive?
The average sales price for units in 1765 Chapman Lake Drive is $0 currently.

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