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297 Elrod Lane

297 Elrod Lane, Mitchell, IN 47446
297 Elrod Lane has been categorized by the local assessors in Mitchell, IN as a type of property. The building on the property was first built in 2021 and is 5 years old. 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, 297 Elrod Lane has 600 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 158,123 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. 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, 297 Elrod Lane sold most recently in Jan 25, 2018 for a total of $11,000. If you work out the math, that's approximately a cost of $18.33 per sqft. Before that, the property was also sold for $29,634 in Oct 9, 2012. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $90,040 in taxes each year. 297 Elrod Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $63,500. If we break it down further, the land itself was valued at $23,700. Improvements to the property, however, were assessed at a total of $39,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Metal Exterior

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230807
08/07/2023
1 Bed
1 Bath
600 ft²
$145,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
600 ft²
-
-
Beverly Hamer
REMAX Acclaimed Properties


Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 11
  • Construction Type: 13
  • 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: 158,123
  • Lot Size Frontage Feet: 0
  • Total Building Area: 600
  • Building Area: 600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 15
  • Heated Square Feet: 600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEW4 OF NE4 OF S11 T3N R2W
  • Land Acres: 0000003630
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: SEC 11 TWP 3 R2W 3.63A PT NE COR

Neighborhood

  • School District Name: Mitchell Community Schools
  • Census Tract: 950702

Geography

  • Assessors Map Reference: MP 27
  • Account Number: 1000101301P62
  • District: 0009
  • Section: 62
  • Parcel: 47-13-11-100-027.000-013
  • Meridian: SEC 11 TWN 3 RNG 2W
  • Municipality: SPICE VALLEY TOWNSHIP
  • Latitude: 38.7152
  • Longitude: -86.5934

    Address

  • Full Address: 297 Elrod Ln
  • Address - House Number: 297
  • Address - Street Name: Elrod
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Mitchell
  • Carrier Code: R004
  • 4-Digit Zip Code: 7413
  • Zip Code: 47446

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $90,040
  • Tax Rate Code Area: 13:SPICE V

    Appraisal Valuation

  • Standard Deviation: 0.1297
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 85
  • Final Value: 143,809
  • High Value: 162,469
  • Low Value: 125,149

    Market Valuation

  • Market Total Value: $63,500
  • Market Land Value: $23,700
  • Market Improvement Value: $39,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,500
  • Assessed Land Value: $23,700
  • Assessed Improvements Value: $39,800

    Sales

  • Current Sale Contract Date: Jan 25, 2018
  • Current Sale Recording Date: Jan 30, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018000458
  • Previous Sale Recording Date: Apr 29, 2013
  • Previous Sale Contract Date: Oct 09, 2012
  • Previous Sale Amount: $29,634
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Lawrence



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Frequently Asked Questions

What neighborhood is 297 Elrod Lane located in?
The 297 Elrod Lane is a house located in the neighborhood of Spice Valley in Lawrence, Mitchell.
What is the average sales price for listings in 297 Elrod Lane?
The average sales price for units in 297 Elrod Lane is $0 currently.