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22587 State Rd 120

22587 State Rd 120, Elkhart, IN 46516
House in Concord
Sold Jul 27, 2020
$485,000
$388,000 by Cardinal Financial Company Lim
Mortgage Due Aug 01, 2050
Sold Jul 27, 2020
$516,040
$388,000 by Cardinal Financial Company Lim
Mortgage Due Aug 01, 2050
22587 State Rd 120 in Elkhart, IN was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1981. This has been categorized as a residential property type. It is a single story home. There are a total of 11 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 22587 State Rd 120 has 3,232 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 basement is 1,616 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 890 ft and the linear feet between the front and back of the lot is 4,900. In total, the area measurement of the land is 49,963 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 992 sqft. There are a total of 5 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central 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. 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, 22587 State Rd 120 was last sold in Jul 17, 2020 for $485,000. According to our calculations, that's $83.05 per sqft. Prior to that sales transaction, the property was sold for $516,040 in Jul 17, 2020. Current property owners are expected to pay $5,249 in taxes per year. The property on 22587 State Rd 120 was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $499,700. To break that down further, the land itself was valued at $167,900. While improvements to the property were assessed at a total of $331,800. 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. 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.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

Brick Exterior / Wood Exterior
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,616
  • Garage Type: Attached
  • Garage Square Area: 992
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 49,963
  • Lot Size Depth Feet: 4,900
  • Lot Size Frontage Feet: 890
  • Total Building Area: 5,840
  • Gross Building Area: 5,840
  • Building Area: 3,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,232
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIVERHAVEN
  • Land Acres: 1.147
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: RIVERHAVEN LOT 4

Ownership

  • Current Owner : TELCH JASON
  • Previous Owner : HOWE JASON P
  • Previous Owner 2: HOWE MICHELE S
  • Owner Before Previous Owner: HOWE JASON P
  • Owner Before Previous Owner 2: HOWE MICHELE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Concord Community Schools
  • Census Tract: 001902

Zoning

  • Zoning: ZO01

Geography

  • District: 0005
  • Parcel: 20-02-36-376-015.000-009
  • Block: 376
  • Lot: 4
  • Municipality: CONCORD TOWNSHIP
  • Latitude: 41.6976
  • Longitude: -85.8987

    Address

  • Full Address: 22587 State Road 120
  • Address - House Number: 22587
  • Address - Street Name: State Road 120
  • State: IN
  • City Name: Elkhart
  • Carrier Code: C018
  • 4-Digit Zip Code: 5342
  • Zip Code: 46516

Valuation

    Tax

  • Total Area: 4,848
  • Tax Year: 2022
  • Tax Amount: $5,249
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.2037
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 586,556
  • High Value: 706,063
  • Low Value: 467,050

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LIM
  • First Open Lien Mortgage Recording Date: Jul 27, 2020
  • First Open Lien Mortgage Loan Amount: $388,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $499,700
  • Market Land Value: $167,900
  • Market Improvement Value: $331,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $499,700
  • Assessed Land Value: $167,900
  • Assessed Improvements Value: $331,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Transaction ID: 11775873897
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-16342
  • Previous Sale Recording Date: Jul 27, 2020
  • Previous Sale Contract Date: Jul 17, 2020
  • Previous Sale Amount: $516,040
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Jul 27, 2020
  • First Mortgage Loan Amount: $388,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CARDINAL FINANCIAL COMPANY LIM
  • Previous Mortgage Transaction Date: Jul 27, 2020
  • Previous Mortgage Loan Amount: $388,000
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About Elkhart



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Frequently Asked Questions

What neighborhood is 22587 State Rd 120 located in?
The 22587 State Rd 120 is a house located in the neighborhood of Concord in Elkhart, Elkhart.
What is the average sales price for listings in 22587 State Rd 120?
The average sales price for units in 22587 State Rd 120 is $485,000 , or $115/sqft. currently.

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