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226 West Canal Street

226 West Canal Street, Peru, IN 46970
Property in Peru
Sold Jun 30, 2021
$50,000
$40,000 by First Farmers Bank & Trust
Mortgage Due Jul 01, 2051
Sold Jul 21, 2011
Transfer
226 West Canal Street has been categorized by the local assessors in Peru, IN as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 226 West Canal Street has 1,456 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 8,712 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home style.

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 detached garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. 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 E+ 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 and being fueled with gas. 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, 226 West Canal Street sold most recently in Jun 24, 2021 for a total of $50,000. If you work out the math, that's approximately a cost of $34.34 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 $652 in taxes each year. 226 West Canal Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $69,100. If we break it down further, the land itself was valued at $9,700. Improvements to the property, however, were assessed at a total of $59,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: E+
  • Construction Type: Wood
  • Building Style: Mobile home
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,456
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOOD ADDITION
  • Land Acres: 0.2
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • County Land Use Code: Intangable personal property
  • Mobile Home Indicator: T
  • Legal Description 1: 021-49401-10 HOODS ADD. 00-00-00 .00 LOT 62 42 144 01100

Ownership

  • Current Owner : STAPLETON MATTHEW P
  • Current Owner 2: STAPLETON BLANE P
  • Previous Owner : FUQUA LORI A
  • Owner Before Previous Owner: SECRETARY OF HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Peru Community Schools
  • Census Tract: 952300

Geography

  • Assessors Map Reference: 08-33-016-230
  • Account Number: 021-49401-10
  • District: 0010
  • Parcel: 52-08-33-101-020.000-016
  • Lot: 62
  • Municipality: PERU TOWNSHIP
  • Latitude: 40.7483
  • Longitude: -86.0745

    Address

  • Full Address: 226 W Canal St
  • Address - House Number: 226
  • Street Direction: W
  • Address - Street Name: Canal
  • Address - Suffix Type: St
  • State: IN
  • City Name: Peru
  • Carrier Code: C021
  • 4-Digit Zip Code: 2060
  • Zip Code: 46970

Valuation

    Tax

  • Total Area: 1,456
  • Tax Year: 2023
  • Tax Amount: $652
  • Tax Rate Code Area: 16:PERU CI

    Appraisal Valuation

  • Standard Deviation: 0.2387
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 52
  • Final Value: 74,673
  • High Value: 92,499
  • Low Value: 56,846

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: FIRST FARMERS BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $40,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $69,100
  • Market Land Value: $9,700
  • Market Improvement Value: $59,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,100
  • Assessed Land Value: $9,700
  • Assessed Improvements Value: $59,400

    Sales

  • Current Sale Contract Date: Jun 24, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Transaction ID: 11841471038
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210523235
  • Previous Sale Recording Date: Jul 21, 2011
  • Previous Sale Contract Date: Jul 13, 2011
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FARMERS BANK & TRUST
  • First Mortgage Transaction Date: Jun 30, 2021
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Peru



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Frequently Asked Questions

What neighborhood is 226 West Canal Street located in?
The 226 West Canal Street is a located in the neighborhood of Peru in Peru, Peru.
What is the average sales price for listings in 226 West Canal Street?
The average sales price for units in 226 West Canal Street is $0 currently.

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