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199 West Pearl Street

199 West Pearl Street, Greenwood, IN 46142
Commercial in Pleasant
Sold Aug 17, 2020
$175,000
$140,000 by National Bank Of Indianapolis
Mortgage
Sold Nov 05, 2007
Transfer
Local assessors in Greenwood, IN have categorized 199 West Pearl Street as a residential type of property. The home was built in 1930 and is 94 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 3,920 square feet. The linear feet between the front and back of the lot was measured at 750 ft and the front of the lot was measured at 470 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 199 West Pearl Street has a total of 1,390 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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - D+. 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. 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, 199 West Pearl Street sold most recently in Aug 14, 2020 for a total of $175,000. If you work out the math, that's approximately a cost of $125.90 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,939 in taxes each year. The initial year of tax delinquency occurred in 2020. 199 West Pearl Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $137,000. If we break it down further, the land itself was valued at $63,100. Improvements to the property, however, were assessed at a total of $73,900. 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: 1930
  • Effective Year Built: 1990
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: D+
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,390
  • Gross Building Area: 1,390
  • Building Area: 1,390
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,390
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JOHN DOBBINS ADD
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JOHN DOBBINS ADD PT LOT 19

Ownership

  • Current Owner : CREATE BY DESI LLC
  • Previous Owner : CORNETT RICHARD CHANNING
  • Owner Before Previous Owner: PROBST PHILIP W
  • Owner Before Previous Owner 2: PROBST JOYCE C
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Greenwood Community School Corporation
  • Census Tract: 610300

Geography

  • Assessors Map Reference: MP GREENWOOD
  • Account Number: 410232013118000026
  • District: 0007
  • Parcel: 41-02-32-013-118.000-026
  • Lot: 19
  • Municipality: PLEASANT TOWNSHIP
  • Latitude: 39.6144
  • Longitude: -86.1089

    Address

  • Full Address: 199 W Pearl St
  • Address - House Number: 199
  • Street Direction: W
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: IN
  • City Name: Greenwood
  • Carrier Code: C027
  • 4-Digit Zip Code: 3534
  • Zip Code: 46142

Valuation

    Tax

  • Total Area: 1,390
  • Tax Year: 2022
  • Tax Amount: $1,939
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 26:GRNWD-P

    Appraisal Valuation

  • Standard Deviation: 0.2214
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 223,706
  • High Value: 273,237
  • Low Value: 174,176

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: NATIONAL BANK OF INDIANAPOLIS
  • First Open Lien Mortgage Recording Date: Aug 17, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $137,000
  • Market Land Value: $63,100
  • Market Improvement Value: $73,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,000
  • Assessed Land Value: $63,100
  • Assessed Improvements Value: $73,900

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Transaction ID: 11786151694
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-022243
  • Previous Sale Recording Date: Nov 05, 2007
  • Previous Sale Contract Date: Oct 31, 2007
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL BANK OF INDIANAPOLIS
  • First Mortgage Transaction Date: Aug 17, 2020
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

About Greenwood



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Nearby Rentals

Unit for rent at

$922 /mo

  • Studio
Listing by Josie Lavey

Frequently Asked Questions

What neighborhood is 199 West Pearl Street located in?
The 199 West Pearl Street is a commercial located in the neighborhood of Pleasant in Greenwood, Greenwood.
What is the average sales price for listings in 199 West Pearl Street?
The average sales price for units in 199 West Pearl Street is $175,000 currently.

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