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2825 Springland Avenue

2825 Springland Avenue, Michigan City, IN 46360
House in Michigan
Sold Dec 10, 2020
$80,200
$64,125 by Centier Bank
Mortgage Due Dec 01, 2050
Sold Feb 27, 2012
Transfer
2825 Springland Avenue has been categorized by the local assessors in Michigan City, IN as a residential type of property. The building on the property was first built in 1971 and is 53 years old. 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2825 Springland Avenue has 800 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 1,060 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,360 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 attached garage for those who require parking. The garage measured 375 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 average. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with no 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 municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 2825 Springland Avenue sold most recently in Nov 20, 2020 for a total of $80,200. If you work out the math, that's approximately a cost of $68.26 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 $1,102 in taxes each year. 2825 Springland Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $59,400. If we break it down further, the land itself was valued at $10,400. Improvements to the property, however, were assessed at a total of $49,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 375
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,360
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,175
  • Gross Building Area: 1,175
  • Building Area: 800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 800
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TALL TIMBERS RESUB
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 42-01-26-278-013 TALL TIMBERS RESUB LT 78

Ownership

  • Current Owner : COSTILLO GILBERTO L
  • Previous Owner : MOELKER BRENDA
  • Owner Before Previous Owner: SOOHEY MARY J
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Michigan City Area Schools
  • Census Tract: 041300

Geography

  • Assessors Map Reference: 01-26-02D-031
  • District: 0012
  • Section: 26
  • Parcel: 46-01-26-278-013.000-022
  • Lot: 78
  • Municipality: MICHIGAN TOWNSHIP
  • Latitude: 41.7168
  • Longitude: -86.8376

    Address

  • Full Address: 2825 Springland Ave
  • Address - House Number: 2825
  • Address - Street Name: Springland
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Michigan City
  • Carrier Code: C039
  • 4-Digit Zip Code: 2843
  • Zip Code: 46360

Valuation

    Tax

  • Total Area: 800
  • Tax Year: 2022
  • Tax Amount: $1,102
  • Tax Rate Code Area: 042

    Appraisal Valuation

  • Standard Deviation: 0.2608
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 118,274
  • High Value: 149,125
  • Low Value: 87,422

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $64,125
  • First Open Lien Mortgage Lender: CENTIER BANK
  • First Open Lien Mortgage Recording Date: Dec 10, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $64,125
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $59,400
  • Market Land Value: $10,400
  • Market Improvement Value: $49,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,400
  • Assessed Land Value: $10,400
  • Assessed Improvements Value: $49,000

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Transaction ID: 11808015490
  • Current Sale Price: $80,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R-16056
  • Previous Sale Recording Date: Feb 27, 2012
  • Previous Sale Contract Date: Feb 16, 2012
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTIER BANK
  • First Mortgage Transaction Date: Dec 10, 2020
  • First Mortgage Loan Amount: $64,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Michigan City



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2825 Springland Avenue located in?
The 2825 Springland Avenue is a house located in the neighborhood of Michigan in Michigan City, Michigan City.
What is the average sales price for listings in 2825 Springland Avenue?
The average sales price for units in 2825 Springland Avenue is $64,900 , or $81/sqft. currently.

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