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2227 Sherman Street

2227 Sherman Street, Anderson, IN 46016
House in Anderson
Sold Aug 09, 2022
$42,500
$135,000 by First Merchants Bank
Mortgage Due Oct 12, 2027
Sold Mar 23, 2020
Transfer
Local assessors in Anderson, IN have categorized 2227 Sherman Street as a residential type of property. The home was built in 1910 and is 114 years old. It was most recently renovated and altered in 1949. The property's lot size has been calculated to be 6,200 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 500 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, 2 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 2227 Sherman Street has a total of 624 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 624 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 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 wood 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 - D+. The building has a roof that is made of metal. The home's a central heating system is the primary heating source. 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, 2227 Sherman Street was last sold in Aug 5, 2022 for $42,500. According to our calculations, that's $68.11 per sqft. Current property owners are expected to pay $964 in taxes per year. The property on 2227 Sherman Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $28,500. To break that down further, the land itself was valued at $5,600. While improvements to the property were assessed at a total of $22,900. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1949
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 624
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,200
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 500
  • Total Building Area: 624
  • Building Area: 624
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 624
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODLAWN ADDITION
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOODLAWN 0.0000ACRES STR: 00000 SECTION: PLAT: 00 IN: OUT:

Ownership

  • Current Owner : COLSON PROPERTIES LLC-S
  • Previous Owner : CHALICE INVESTMENT LLC
  • Owner Before Previous Owner: JONES MARTHA J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Anderson Community School Corporation
  • Census Tract: 012000

Geography

  • Assessors Map Reference: MP K5-M
  • Account Number: 18-1046-1-2
  • District: 0002
  • Parcel: 48-11-13-303-136.000-003
  • Municipality: ANDERSON TOWNSHIP
  • Latitude: 40.0936
  • Longitude: -85.6899

    Address

  • Full Address: 2227 Sherman St
  • Address - House Number: 2227
  • Address - Street Name: Sherman
  • Address - Suffix Type: St
  • State: IN
  • City Name: Anderson
  • Carrier Code: C018
  • 4-Digit Zip Code: 4071
  • Zip Code: 46016

Valuation

    Tax

  • Total Area: 1,248
  • Tax Year: 2022
  • Tax Amount: $964
  • Tax Rate Code Area: 18:ANDERSO

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 35,928
  • High Value: 52,330
  • Low Value: 19,525

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,000
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Oct 21, 2022
  • First Open Lien Mortgage Loan Amount: $135,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 12, 2027

    Market Valuation

  • Market Total Value: $28,500
  • Market Land Value: $5,600
  • Market Improvement Value: $22,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,500
  • Assessed Land Value: $5,600
  • Assessed Improvements Value: $22,900

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 09, 2022
  • Current Sale Transaction ID: 11894074304
  • Current Sale Price: $42,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13463
  • Previous Sale Recording Date: Mar 23, 2020
  • Previous Sale Contract Date: Mar 13, 2020
  • Previous Sale Document Type: Warranty Deed

About Anderson



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Frequently Asked Questions

What neighborhood is 2227 Sherman Street located in?
The 2227 Sherman Street is a house located in the neighborhood of Anderson in Anderson, Anderson.
What is the average sales price for listings in 2227 Sherman Street?
The average sales price for units in 2227 Sherman Street is $0 currently.

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