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314 South California Street

314 South California Street, North Salem, IN 46165
Property in Eel River
Sold Jan 10, 2020
$138,000
$133,860 by Regions Bank
Mortgage Due Feb 01, 2050
314 South California Street has been categorized by the local assessors in North Salem, IN as a residential type of property. The building on the property was first built in 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 314 South California Street has 1,920 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 8,712 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 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none 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, 314 South California Street sold most recently in Jan 6, 2020 for a total of $138,000. If you work out the math, that's approximately a cost of $71.88 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 $1,155 in taxes each year. 314 South California Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $132,900. If we break it down further, the land itself was valued at $19,300. Improvements to the property, however, were assessed at a total of $113,600. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1970
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT SE NW 4-16-2W 0.2AC

Ownership

  • Current Owner : MERCER CHARLES RICHARD
  • Current Owner 2: MERCER DAWNE
  • Previous Owner : SWIHART BRIAN KENTON
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: North West Hendricks Schools
  • Census Tract: 210400

Geography

  • Account Number: 1910462W187012
  • District: 0004
  • Section: 4
  • Parcel: 32-05-04-187-012.000-008
  • Municipality: EEL RIVER TOWNSHIP
  • Latitude: 39.8561
  • Longitude: -86.6463

    Address

  • Full Address: 314 S California St
  • Address - House Number: 314
  • Street Direction: S
  • Address - Street Name: California
  • Address - Suffix Type: St
  • State: IN
  • City Name: North Salem
  • Carrier Code: R061
  • 4-Digit Zip Code: 9518
  • Zip Code: 46165

Valuation

    Tax

  • Total Area: 1,920
  • Tax Year: 2023
  • Tax Amount: $1,155
  • Tax Rate Code Area: 19:NORTH S

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 224,653
  • High Value: 268,511
  • Low Value: 180,795

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $133,860
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Jan 10, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $133,860
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $132,900
  • Market Land Value: $19,300
  • Market Improvement Value: $113,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,900
  • Assessed Land Value: $19,300
  • Assessed Improvements Value: $113,600

    Sales

  • Current Sale Contract Date: Jan 06, 2020
  • Current Sale Recording Date: Jan 10, 2020
  • Current Sale Transaction ID: 11719304397
  • Current Sale Price: $138,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000759

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Jan 10, 2020
  • First Mortgage Loan Amount: $133,860
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About North Salem



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Frequently Asked Questions

What neighborhood is 314 South California Street located in?
The 314 South California Street is a located in the neighborhood of Eel River in North Salem, North Salem.
What is the average sales price for listings in 314 South California Street?
The average sales price for units in 314 South California Street is $0 currently.

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