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2477 263rd Lane

2477 263rd Lane, Peru, IA 50222
Property in Madison
Sold Apr 02, 2013
$35,000
$46,078 by First State Bank
Mortgage Due Nov 28, 2026
2477 263rd Lane has been categorized by the local assessors in Peru, IA as a residential type of property. The building on the property was first built in 1945 and is 79 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2477 263rd Lane has 989 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 742 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 60,548 square feet.

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 garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 frame control joints. The building has a hip style roof made of asphalt. The exterior walls of the building are made of wood siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from none 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, 2477 263rd Lane sold most recently in Mar 26, 2013 for a total of $35,000. If you work out the math, that's approximately a cost of $35.39 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 $970 in taxes each year. 2477 263rd Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $84,100. If we break it down further, the land itself was valued at $16,200. Improvements to the property, however, were assessed at a total of $67,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1945
  • Effective Year Built: 1945
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 742
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 60,548
  • Total Building Area: 989
  • Gross Building Area: 989
  • Building Area: 989
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 989
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 1.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1.39A W MID PT SE NE

Ownership

  • Current Owner : MCKIBBIN KELLY
  • Previous Owner : RESIDENTIAL FUNDING CO LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Winterset Community School District
  • School Tax School District: WINTERSET SCH
  • School Tax District Code 2: WINTERSET
  • Census Tract: 060300

Geography

  • Parcel: 520102828020000
  • Meridian: SEC 28 TWN 75N RNG 27W
  • Municipality: SCOTT
  • Latitude: 41.2679
  • Longitude: -93.9599

    Address

  • Full Address: 2477 263rd Ln
  • Address - House Number: 2477
  • Address - Street Name: 263rd
  • Address - Suffix Type: Ln
  • State: IA
  • City Name: Peru
  • Carrier Code: R001
  • 4-Digit Zip Code: 8296
  • Zip Code: 50222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $970
  • Tax Rate Code Area: 520

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 70
  • Final Value: 124,821
  • High Value: 152,125
  • Low Value: 97,517

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $46,078
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: Nov 30, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $46,078
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 28, 2026

    Market Valuation

  • Market Total Value: $84,100
  • Market Land Value: $16,200
  • Market Improvement Value: $67,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,100
  • Assessed Land Value: $16,200
  • Assessed Improvements Value: $67,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 26, 2013
  • Current Sale Recording Date: Apr 02, 2013
  • Current Sale Transaction ID: 1220788150
  • Current Sale Price: $35,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2013 0948

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK
  • First Mortgage Transaction Date: Apr 02, 2013
  • First Mortgage Loan Amount: $30,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Madison



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Frequently Asked Questions

What neighborhood is 2477 263rd Lane located in?
The 2477 263rd Lane is a located in the neighborhood of Madison in Madison, Peru.
What is the average sales price for listings in 2477 263rd Lane?
The average sales price for units in 2477 263rd Lane is $0 currently.

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