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201 Park Street

201 Park Street, Mulberry, IN 46058
House in Madison
Sold Apr 15, 2020
$220,000
$176,000 by First Merchants Bank
Mortgage Due May 01, 2050
Sold Feb 05, 2016
$113,000
$90,400 by The Farmers Bank
Mortgage Due Feb 01, 2046
201 Park Street has been categorized by the local assessors in Mulberry, IN as a residential type of property. The building on the property was first built in 1941 and is 83 years old. However, we must point out that the home was most recently renovated and altered in 1986. The home has a total of 6 rooms. 3 of these rooms are legally considered as 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, 201 Park Street has 2,060 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 840 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 linear feet between the front and back of the lot is 1,870 ft and across the front of the lot is 1,320 ft. The area measurement of the land has been determined as 24,684 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 mixed used garage for those who require parking. The garage measured 1,288 sqft. According to our sources, there are a total of 4 available parking spaces. Love to swim? You'll be excited to find out that there is a above ground pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. 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 wood 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 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 201 Park Street sold most recently in Apr 10, 2020 for a total of $220,000. If you work out the math, that's approximately a cost of $106.80 per sqft. Before that, the property was also sold for $113,000 in Jan 29, 2016. 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 $2,551 in taxes each year. 201 Park Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $250,200. If we break it down further, the land itself was valued at $22,400. Improvements to the property, however, were assessed at a total of $227,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1986
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 840
  • Garage Type: Mixed use
  • Garage Square Area: 1,288
  • Parking Space Count: 4
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 24,684
  • Lot Size Depth Feet: 1,870
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 2,060
  • Building Area: 2,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SECOND MAPLE GROVE ADDITION
  • Land Acres: 0.567
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 019-18023-00 LOTS 25-26-27 MAPLE GROVE 2ND ADD 3994

Ownership

  • Current Owner : MARTIN JEREMY
  • Current Owner 2: MARTIN MELISSA
  • Previous Owner : J & C RENTALS LLC
  • Owner Before Previous Owner: SMITH PAUL E
  • Owner Before Previous Owner 2: SMITH LANA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Clinton Prairie School Corporation
  • Census Tract: 950300

Geography

  • Assessors Map Reference: MP 019-07-013
  • Account Number: 01907014015016
  • District: 0006
  • Parcel: 12-05-20-229-001.000-009
  • Lot: 25
  • Municipality: MADISON TOWNSHIP
  • Latitude: 40.3435
  • Longitude: -86.6597

    Address

  • Full Address: 201 Park St
  • Address - House Number: 201
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: IN
  • City Name: Mulberry
  • Carrier Code: R777
  • 4-Digit Zip Code: 4303
  • Zip Code: 46058

Valuation

    Tax

  • Total Area: 3,160
  • Tax Year: 2022
  • Tax Amount: $2,551
  • Tax Rate Code Area: 19:MULBERR

    Appraisal Valuation

  • Standard Deviation: 0.2377
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 66
  • Final Value: 310,001
  • High Value: 383,711
  • Low Value: 236,291

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,000
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Apr 15, 2020
  • First Open Lien Mortgage Loan Amount: $176,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $250,200
  • Market Land Value: $22,400
  • Market Improvement Value: $227,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,200
  • Assessed Land Value: $22,400
  • Assessed Improvements Value: $227,800

    Sales

  • Current Sale Contract Date: Apr 10, 2020
  • Current Sale Recording Date: Apr 15, 2020
  • Current Sale Transaction ID: 11775754241
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-1329
  • Previous Sale Recording Date: Feb 05, 2016
  • Previous Sale Contract Date: Jan 29, 2016
  • Previous Sale Amount: $113,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK
  • First Mortgage Transaction Date: Apr 15, 2020
  • First Mortgage Loan Amount: $176,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: THE FARMERS BANK
  • Previous Mortgage Transaction Date: Feb 05, 2016
  • Previous Mortgage Loan Amount: $90,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2046

About Mulberry



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Frequently Asked Questions

What neighborhood is 201 Park Street located in?
The 201 Park Street is a house located in the neighborhood of Madison in Mulberry, Mulberry.
What is the average sales price for listings in 201 Park Street?
The average sales price for units in 201 Park Street is $0 currently.

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