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2718 State Road 550

2718 State Road 550, Shoals, IN 47581
House in Center
2718 State Road 550 has been categorized by the local assessors in Shoals, IN as a type of property. The building on the property was first built in 1910 and is 116 years old. However, we must point out that the home was most recently renovated and altered in 1930. The home has a total of 4 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. The building has a total of 100 stories. In addition, 2718 State Road 550 has 1,110 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 60,113 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. Moving on to the building itself. The condition of the building has been evaluated as . 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 control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The roof of the building is made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing . Finally, the property is currently sourcing its water from system. The property was last sold in Nov 19, 2021 for $81,200. That's $73.15 per sqft. Prior to that sales transaction, the property was also sold in Apr 10, 2020 for $71,300. 2718 State Road 550 was last assessed in 2023. The total value of the property was assessed at $63,200. Specifically, the land the property is located on was valued at $15,100. While improvements on the property were assessed at a total of $48,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $24,920. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210414
04/14/2021
3 Bed
1 Bath
1323 ft²
$89,900
bedrooms
3 Bed
bathrooms
1 Bath
square feet
1323 ft²
$81,200 -9.68%
11/30/2021
Mary Norris
F.C. TUCKER EMGE REALTORS
20200302
03/02/2020
2 Bed
1 Bath
1110 ft²
$64,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1110 ft²
$71,300 +9.86%
05/06/2020
Mary Norris


Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1930
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 12
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,113
  • Lot Size Frontage Feet: 10
  • Total Building Area: 1,110
  • Building Area: 1,110
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,110
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001380
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: PT NW NE 5-2-4 1.38 ACRE

Neighborhood

  • School District Name: Shoals Community School Corporation
  • Census Tract: 950100

Geography

  • Assessors Map Reference: MP 005
  • Account Number: 0010524011
  • District: 0001
  • Section: 5
  • Parcel: 51-10-05-100-005.000-001
  • Municipality: CENTER TOWNSHIP
  • Latitude: 38.6423
  • Longitude: -86.874

    Address

  • Full Address: 2718 State Road 550
  • Address - House Number: 2718
  • Address - Street Name: State Road 550
  • State: IN
  • City Name: Shoals
  • Carrier Code: R001
  • 4-Digit Zip Code: 7134
  • Zip Code: 47581

Valuation

    Tax

  • Total Area: 1,323
  • Tax Year: 2023
  • Tax Amount: $24,920
  • Tax Rate Code Area: 1:CENTER T

    Appraisal Valuation

  • Standard Deviation: 0.4424
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 76,821
  • High Value: 110,811
  • Low Value: 42,830

    Market Valuation

  • Market Total Value: $63,200
  • Market Land Value: $15,100
  • Market Improvement Value: $48,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,200
  • Assessed Land Value: $15,100
  • Assessed Improvements Value: $48,100

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202101802
  • Previous Sale Recording Date: May 06, 2020
  • Previous Sale Contract Date: Apr 10, 2020
  • Previous Sale Amount: $71,300
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Martin



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Frequently Asked Questions

What neighborhood is 2718 State Road 550 located in?
The 2718 State Road 550 is a house located in the neighborhood of Center in Martin, Shoals.
What is the average sales price for listings in 2718 State Road 550?
The average sales price for units in 2718 State Road 550 is $67,450 , or $56/sqft. currently.