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2942 West 260 North

2942 West 260 North, Covington, IN 47932
Property in Troy
Sold Oct 19, 2020
$92,500
$74,000 by First Financial Bank Fsb
Mortgage
2942 West 260 North has been categorized by the local assessors in Covington, IN as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2942 West 260 North has 1,344 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 34,412 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home style.

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 detached garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. 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 wood 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 central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from none system. 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, 2942 West 260 North was last sold in Oct 1, 2020 for $92,500. According to our calculations, that's $68.82 per sqft. Current property owners are expected to pay $0 in taxes per year. The property on 2942 West 260 North was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $114,800. To break that down further, the land itself was valued at $20,900. While improvements to the property were assessed at a total of $93,900. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Mobile home
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 34,412
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 0.79
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: 017-00297-00 PT W1/2 NE 23-20-9 .79A MP B07-23-200-00900

Ownership

  • Current Owner : SASSEEN BETTY L
  • Previous Owner : SHERMAN NORMAN
  • Previous Owner 2: SHERMAN SUSAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Covington Community School Corporation
  • Census Tract: 957800

Geography

  • Account Number: 0170029700
  • District: 0009
  • Section: 23
  • Parcel: 23-06-23-200-009.000-015
  • Municipality: TROY TOWNSHIP
  • Latitude: 40.165
  • Longitude: -87.4022

    Address

  • Full Address: 2942 W 260 N
  • Address - House Number: 2942
  • Street Segment Direction: N
  • Street Direction: W
  • Address - Street Name: 260
  • State: IN
  • City Name: Covington
  • Carrier Code: R001
  • 4-Digit Zip Code: 8073
  • Zip Code: 47932

Valuation

    Tax

  • Total Area: 1,344
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 15:TROY TO

    Appraisal Valuation

  • Standard Deviation: 0.3148
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 37
  • Final Value: 65,179
  • High Value: 85,699
  • Low Value: 44,658

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $74,000
  • First Open Lien Mortgage Lender: FIRST FINANCIAL BANK FSB
  • First Open Lien Mortgage Recording Date: Oct 19, 2020
  • First Open Lien Mortgage Loan Amount: $74,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $114,800
  • Market Land Value: $20,900
  • Market Improvement Value: $93,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,800
  • Assessed Land Value: $20,900
  • Assessed Improvements Value: $93,900

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Transaction ID: 11795058367
  • Current Sale Price: $92,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202002670

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FINANCIAL BANK FSB
  • First Mortgage Transaction Date: Oct 19, 2020
  • First Mortgage Loan Amount: $74,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Fountain



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Frequently Asked Questions

What neighborhood is 2942 West 260 North located in?
The 2942 West 260 North is a located in the neighborhood of Troy in Fountain, Covington.
What is the average sales price for listings in 2942 West 260 North?
The average sales price for units in 2942 West 260 North is $0 currently.

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