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316 West Jefferson Street

316 West Jefferson Street, Culver, IN 46511
Property in Union
Sold Sep 21, 2020
$97,500
$78,000 by Compass Mortgage Inc
Mortgage Due Oct 01, 2050
Sold Aug 03, 2005
Transfer
316 West Jefferson Street has been categorized by the local assessors in Culver, 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 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 316 West Jefferson Street has 1,704 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 990 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 4,950 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 frame 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 a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 316 West Jefferson Street sold most recently in Sep 4, 2020 for a total of $97,500. If you work out the math, that's approximately a cost of $57.22 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 $1,204 in taxes each year. 316 West Jefferson Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $95,300. If we break it down further, the land itself was valued at $30,100. Improvements to the property, however, were assessed at a total of $65,200. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,950
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,704
  • Gross Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GWGARNS ADD
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ACREAGE: AUDITOR DESC: G.W.GARNS ADD S 1/2 E 1/2 LOT 22 LEGAL DESC:

Ownership

  • Current Owner : MORAN THOMAS M
  • Current Owner 2: MORAN MARIA A
  • Previous Owner : MCNICHOLS DAVID J
  • Previous Owner 2: MCNICHOLS CAROL KOHI
  • Owner Before Previous Owner: RAKICH CHARLOTTE E
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Culver Community Schools Corporation
  • Census Tract: 020302

Geography

  • Parcel: 50-21-17-404-108.000-014
  • Lot: 22
  • Municipality: UNION TOWNSHIP
  • Latitude: 41.2169
  • Longitude: -86.4265

    Address

  • Full Address: 316 W Jefferson St
  • Address - House Number: 316
  • Street Direction: W
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: IN
  • City Name: Culver
  • Carrier Code: C002
  • 4-Digit Zip Code: 1414
  • Zip Code: 46511

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $1,204
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.2426
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 65
  • Final Value: 150,714
  • High Value: 187,284
  • Low Value: 114,143

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,000
  • First Open Lien Mortgage Lender: COMPASS MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Sep 21, 2020
  • First Open Lien Mortgage Loan Amount: $78,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $95,300
  • Market Land Value: $30,100
  • Market Improvement Value: $65,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,300
  • Assessed Land Value: $30,100
  • Assessed Improvements Value: $65,200

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Transaction ID: 11788651511
  • Current Sale Price: $97,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202005674
  • Previous Sale Recording Date: Aug 03, 2005
  • Previous Sale Contract Date: Jul 25, 2005
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS MORTGAGE INC
  • First Mortgage Transaction Date: Sep 21, 2020
  • First Mortgage Loan Amount: $78,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Culver



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Frequently Asked Questions

What neighborhood is 316 West Jefferson Street located in?
The 316 West Jefferson Street is a located in the neighborhood of Union in Culver, Culver.
What is the average sales price for listings in 316 West Jefferson Street?
The average sales price for units in 316 West Jefferson Street is $0 currently.

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