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29516 County Rd 52

29516 County Rd 52, Nappanee, IN 46550
Property in Locke
Sold Nov 19, 2021
$637,500
$510,000 by Farm Credit Mid America Flca
Mortgage Due Dec 01, 2051
Local assessors in Nappanee, IN have categorized 29516 County Rd 52 as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 327,571 square feet. 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, 3 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 29516 County Rd 52 has a total of 3,496 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 masonry 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 - C. The building has a gable style roof that was made of asphalt. Residents rely on no air conditioning for their cooling system. The home's a gravity heating system is the primary heating source and it is being fueled with gas. 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, 29516 County Rd 52 sold most recently in Nov 17, 2021 for a total of $637,500. If you work out the math, that's approximately a cost of $117.27 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 $4,122 in taxes each year. 29516 County Rd 52 was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $426,300. If we break it down further, the land itself was valued at $84,200. Improvements to the property, however, were assessed at a total of $342,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,940
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 327,571
  • Total Building Area: 5,436
  • Gross Building Area: 5,436
  • Building Area: 3,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Gravity
  • Heated Square Feet: 3,496
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 7.52
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: 570.3FT W NE COR SW1/4 SEC 26 7.52A

Ownership

  • Current Owner : SCHMUCKER LELAND R
  • Current Owner 2: SCHMUCKER ELAINE S
  • Previous Owner : MILLER ANTHONY
  • Previous Owner 2: MILLER LORINDA
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wa-Nee Community Schools
  • Census Tract: 001100

Zoning

  • Zoning: ZO01

Geography

  • District: 0010
  • Section: 26
  • Parcel: 20-13-26-326-001.000-020
  • Municipality: LOCKE TOWNSHIP
  • Latitude: 41.4557
  • Longitude: -86.0328

    Address

  • Full Address: 29516 County Road 52
  • Address - House Number: 29516
  • Address - Street Name: County Road 52
  • State: IN
  • City Name: Nappanee
  • Carrier Code: R003
  • 4-Digit Zip Code: 9471
  • Zip Code: 46550

Valuation

    Tax

  • Total Area: 5,436
  • Tax Year: 2022
  • Tax Amount: $4,122
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 70
  • Final Value: 568,430
  • High Value: 689,503
  • Low Value: 447,357

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: FARM CREDIT MID AMERICA FLCA
  • First Open Lien Mortgage Recording Date: Nov 19, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $510,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $426,300
  • Market Land Value: $84,200
  • Market Improvement Value: $342,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $426,300
  • Assessed Land Value: $84,200
  • Assessed Improvements Value: $342,100

    Sales

  • Current Sale Contract Date: Nov 17, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Transaction ID: 11869197788
  • Current Sale Price: $637,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-31360

    Last Sale Mortgage

  • First Mortgage Lender: FARM CREDIT MID AMERICA FLCA
  • First Mortgage Transaction Date: Nov 19, 2021
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Variable

About Elkhart



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Frequently Asked Questions

What neighborhood is 29516 County Rd 52 located in?
The 29516 County Rd 52 is a located in the neighborhood of Locke in Elkhart, Nappanee.
What is the average sales price for listings in 29516 County Rd 52?
The average sales price for units in 29516 County Rd 52 is $0 currently.

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