Check Availability

288 West Commercial Avenue

288 West Commercial Avenue, Lowell, IN 46356
Property in Cedar Creek
Sold Jul 13, 2023
$242,232
$182,130 by Pearl Funding Llc
Mortgage Due Feb 01, 2024
Sold Dec 12, 2016
$68,800
$55,000 by Draper & Kramer Mortgage Corp
Mortgage Due Jan 01, 2032
Local assessors in Lowell, IN have categorized 288 West Commercial Avenue as a residential type of property. The home was built in 1860 and is 164 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 38,333 square feet. The linear feet between the front and back of the lot was measured at 2,060 ft and the front of the lot was measured at 1,840 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 288 West Commercial Avenue has a total of 2,330 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. The home's a central heating system is the primary heating source and it is being fueled with gas. The property was last sold in Jul 6, 2023 for $242,232. That's $103.96 per sqft. Prior to that sales transaction, the property was also sold in Nov 18, 2016 for $68,800. 288 West Commercial Avenue was last assessed in 2023. The total value of the property was assessed at $165,600. Specifically, the land the property is located on was valued at $48,400. While improvements on the property were assessed at a total of $117,200. 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 $3,132. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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

Composite Shingle Siding
Masonite Siding
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 38,333
  • Lot Size Depth Feet: 2,060
  • Lot Size Frontage Feet: 1,840
  • Total Building Area: 2,330
  • Gross Building Area: 2,330
  • Building Area: 2,330
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,330
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.88
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PT. SW. SW. S.23 T.33 R.9 CONTG 0.88 A.

Ownership

  • Current Owner : REMEMBER THAT OLD HOUSE PROPERTY RESTORATION
  • Previous Owner : MALOWSKI KELLY
  • Owner Before Previous Owner: CLARK DAVID M
  • Owner Before Previous Owner 2: CLARK KAREN M
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 11, 2023

Neighborhood

  • School District Name: Tri-Creek School Corporation
  • Census Tract: 043403

Geography

  • Parcel: 45-19-23-353-022.000-008
  • Lot: 1
  • Municipality: CEDAR CREEK TOWNSHIP
  • Latitude: 41.2904
  • Longitude: -87.4295

    Address

  • Full Address: 288 W Commercial Ave
  • Address - House Number: 288
  • Street Direction: W
  • Address - Street Name: Commercial
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Lowell
  • Carrier Code: C001
  • 4-Digit Zip Code: 2214
  • Zip Code: 46356

Valuation

    Tax

  • Total Area: 2,330
  • Tax Year: 2022
  • Tax Amount: $3,132
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2719
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 61
  • Final Value: 309,042
  • High Value: 393,073
  • Low Value: 225,011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $182,130
  • First Open Lien Mortgage Lender: PEARL FUNDING LLC
  • First Open Lien Mortgage Recording Date: Jul 13, 2023
  • First Open Lien Mortgage Loan Amount: $182,130
  • First Open Lien Mortgage Term: 6
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2024

    Market Valuation

  • Market Total Value: $165,600
  • Market Land Value: $48,400
  • Market Improvement Value: $117,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,600
  • Assessed Land Value: $48,400
  • Assessed Improvements Value: $117,200

    Sales

  • Current Sale Contract Date: Jul 06, 2023
  • Current Sale Recording Date: Jul 13, 2023
  • Current Sale Transaction ID: 11909815266
  • Current Sale Price: $242,232
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 522247
  • Previous Sale Recording Date: Dec 12, 2016
  • Previous Sale Contract Date: Nov 18, 2016
  • Previous Sale Amount: $68,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEARL FUNDING LLC
  • First Mortgage Transaction Date: Jul 13, 2023
  • First Mortgage Loan Amount: $182,130
  • First Mortgage Terms: 6
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 12, 2016
  • Previous Mortgage Loan Amount: $55,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2032

About Lowell



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 288 West Commercial Avenue located in?
The 288 West Commercial Avenue is a located in the neighborhood of Cedar Creek in Lowell, Lowell.
What is the average sales price for listings in 288 West Commercial Avenue?
The average sales price for units in 288 West Commercial Avenue is $0 currently.

Quantcast