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2050 Cheryl Lane

2050 Cheryl Lane, Frankfort, IN 46041
Property in Center
Sold Jun 22, 2018
$121,000
$118,808 by Alterra Group Llc
Mortgage Due Jul 01, 2048
Sold Jun 12, 2018
$121,000
Local assessors in Frankfort, IN have categorized 2050 Cheryl Lane as a residential type of property. The home was built in 1956 and is 68 years old. It was most recently renovated and altered in 1979. The property's lot size has been calculated to be 10,716 square feet. The linear feet between the front and back of the lot was measured at 940 ft and the front of the lot was measured at 1,140 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 is also a partial bathroom. 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 2050 Cheryl Lane has a total of 1,248 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. 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 408 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 stone 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 and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 12, 2018 for $121,000. That's $96.96 per sqft. Prior to that sales transaction, the property was also sold in Jun 12, 2018 for $121,000. 2050 Cheryl Lane was last assessed in 2023. The total value of the property was assessed at $129,900. Specifically, the land the property is located on was valued at $15,600. While improvements on the property were assessed at a total of $114,300. 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 $1,424. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1956
  • Effective Year Built: 1979
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Stone
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 408
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,716
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,248
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FIRST KENTWOOD ADD
  • Land Acres: 0.246
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 016-22016-00 FIRST KENTWOOD ADD LOT 11

Ownership

  • Current Owner : ESPINO RICARDO VALDOVINOS
  • Previous Owner : HAM MICHAEL RAY
  • Owner Before Previous Owner: HAM MICHAEL RAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Frankfort Community Schools
  • Census Tract: 950700

Geography

  • Assessors Map Reference: MP 016-63-022
  • Account Number: 01663010
  • District: 0001
  • Parcel: 12-10-11-429-011.000-021
  • Lot: 11
  • Municipality: CENTER TOWNSHIP
  • Latitude: 40.2764
  • Longitude: -86.489

    Address

  • Full Address: 2050 Cheryl Ln
  • Address - House Number: 2050
  • Address - Street Name: Cheryl
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Frankfort
  • Carrier Code: C010
  • 4-Digit Zip Code: 2726
  • Zip Code: 46041

Valuation

    Tax

  • Total Area: 1,248
  • Tax Year: 2022
  • Tax Amount: $1,424
  • Tax Rate Code Area: 21:FRANKFO

    Appraisal Valuation

  • Standard Deviation: 0.2687
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 61
  • Final Value: 199,715
  • High Value: 253,385
  • Low Value: 146,045

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,808
  • First Open Lien Mortgage Lender: ALTERRA GROUP LLC
  • First Open Lien Mortgage Recording Date: Jun 22, 2018
  • First Open Lien Mortgage Loan Amount: $118,808
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $129,900
  • Market Land Value: $15,600
  • Market Improvement Value: $114,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,900
  • Assessed Land Value: $15,600
  • Assessed Improvements Value: $114,300

    Sales

  • Current Sale Contract Date: Jun 12, 2018
  • Current Sale Recording Date: Jun 22, 2018
  • Current Sale Transaction ID: 11483964110
  • Current Sale Price: $121,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-2075
  • Previous Sale Recording Date: Jun 12, 2018
  • Previous Sale Contract Date: Jun 12, 2018
  • Previous Sale Amount: $121,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALTERRA GROUP LLC
  • First Mortgage Transaction Date: Jun 22, 2018
  • First Mortgage Loan Amount: $118,808
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

About Frankfort



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Frequently Asked Questions

What neighborhood is 2050 Cheryl Lane located in?
The 2050 Cheryl Lane is a located in the neighborhood of Center in Frankfort, Frankfort.
What is the average sales price for listings in 2050 Cheryl Lane?
The average sales price for units in 2050 Cheryl Lane is $0 currently.

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