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240 South Meridian Road

240 South Meridian Road, Mitchell, IN 47446
Land in Marion
240 South Meridian Road in Mitchell, IN was first built in 1979 and is 47 years old. This has been categorized as a property type. There are a total of 100 floors. In total, the area measurement of the land is 309,320 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for . Water for the property is sourced from system. The property is connected to a sewer system. 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 control joints. The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . As for heating, the home is utilizing . 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, 240 South Meridian Road was last sold in Jan 1, 1970 for $1,385,000. According to our calculations, that's $17.67 per sqft. Prior to that sales transaction, the property was sold for $1,385,000 in Jan 1, 1970. Current property owners are expected to pay $1,914,914 in taxes per year. The property on 240 South Meridian Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $618,900. To break that down further, the land itself was valued at $104,300. While improvements to the property were assessed at a total of $514,600. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220106
01/06/2022
Loft
-
-
$60,000
bedrooms
Loft
bathrooms
-
-
-
Scarlett Fair
Fair Real Estate Group, LLC
20201119
11/19/2020
Loft
-
-
$324,900
bedrooms
Loft
bathrooms
-
-
-
-


Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 11
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 309,320
  • Lot Size Frontage Feet: 0
  • Total Building Area: 78,361
  • Gross Building Area: 78,361
  • Building Area: 78,361
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 3
  • Property Class: I
  • Land Acres: 0000007101
  • Standard Land Use Code: 5001
  • County Land Use Code: LMFG
  • Legal Description 1: SEC 31 TWP 4 R 1 E 7.101A PER SURVEY W CENT PT W 1/2 W 1/2 SW

Neighborhood

  • School District Name: Mitchell Community Schools
  • Census Tract: 951201

Geography

  • Assessors Map Reference: MP 7
  • Account Number: 1200154800P65
  • District: 0004
  • Section: 65
  • Parcel: 47-10-31-300-007.000-005
  • Meridian: SEC 31 TWN 4 RNG 1
  • Municipality: MARION TOWNSHIP
  • Latitude: 38.7339
  • Longitude: -86.4597

    Address

  • Full Address: 240 S Meridian Rd
  • Address - House Number: 240
  • Street Direction: S
  • Address - Street Name: Meridian
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Mitchell
  • Carrier Code: R005
  • 4-Digit Zip Code: 8015
  • Zip Code: 47446

Valuation

    Tax

  • Total Area: 78,361
  • Tax Year: 2022
  • Tax Amount: $1,914,914
  • Tax Rate Code Area: 5:MITCHELL

    Market Valuation

  • Market Total Value: $618,900
  • Market Land Value: $104,300
  • Market Improvement Value: $514,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $618,900
  • Assessed Land Value: $104,300
  • Assessed Improvements Value: $514,600

    Sales

  • Current Sale Recording Date: Aug 29, 2008
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 29, 2008
  • Previous Sale Amount: $1,385,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Mitchell



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Frequently Asked Questions

What neighborhood is 240 South Meridian Road located in?
The 240 South Meridian Road is a land located in the neighborhood of Marion in Mitchell, Mitchell.
What is the average sales price for listings in 240 South Meridian Road?
The average sales price for units in 240 South Meridian Road is $0 currently.