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331 Childers Lane

331 Childers Lane, Michigan City, IN 46360
House in Michigan
Sold Jun 06, 2023
Transfer
Sold Oct 24, 2019
$250,000
$200,000 by Fifth Third Bank
Mortgage Due Nov 01, 2034
331 Childers Lane in Michigan City, IN was first built in 2004 and is 20 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 331 Childers Lane has 1,632 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 430 ft and the linear feet between the front and back of the lot is 1,170. In total, the area measurement of the land is 5,031 square feet.

Learn more about the property and building on this page. The roof of the home is made of metal. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $250,000 in Oct 22, 2019. 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 $8,316 in taxes each year. 331 Childers Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $415,800. If we break it down further, the land itself was valued at $110,700. Improvements to the property, however, were assessed at a total of $305,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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

Cedar Siding
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: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,031
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,632
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BEACHWALK PHASE 3
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: 42-01-21-426-099 BEACHWALK PHASE 3 A LT 89 B

Ownership

  • Current Owner : BEACH TOWER LLC
  • Previous Owner : RANDOLPH JOHN E
  • Owner Before Previous Owner: GREAVES JAMES
  • Owner Before Previous Owner 2: GREAVES MEGAN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Michigan City Area Schools
  • Census Tract: 043000

Geography

  • Assessors Map Reference: 01-21-04B-024
  • District: 0012
  • Section: 21
  • Subdivision Phase Number: 3
  • Parcel: 46-01-21-426-099.000-022
  • Lot: 89
  • Municipality: MICHIGAN TOWNSHIP
  • Latitude: 41.7281
  • Longitude: -86.8802

    Address

  • Full Address: 331 Childers Ln
  • Address - House Number: 331
  • Address - Street Name: Childers
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Michigan City
  • Carrier Code: C001
  • 4-Digit Zip Code: 2308
  • Zip Code: 46360

Valuation

    Tax

  • Total Area: 1,632
  • Tax Year: 2022
  • Tax Amount: $8,316
  • Tax Rate Code Area: 042

    Appraisal Valuation

  • Standard Deviation: 0.2479
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 65
  • Final Value: 467,894
  • High Value: 583,930
  • Low Value: 351,858

    Market Valuation

  • Market Total Value: $415,800
  • Market Land Value: $110,700
  • Market Improvement Value: $305,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $415,800
  • Assessed Land Value: $110,700
  • Assessed Improvements Value: $305,100

    Sales

  • Current Sale Contract Date: Jun 01, 2023
  • Current Sale Recording Date: Jun 06, 2023
  • Current Sale Transaction ID: 11907550788
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5817
  • Previous Sale Recording Date: Oct 24, 2019
  • Previous Sale Contract Date: Oct 22, 2019
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD BANK
  • Previous Mortgage Transaction Date: Oct 24, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2034

About Michigan City



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 331 Childers Lane located in?
The 331 Childers Lane is a house located in the neighborhood of Michigan in Michigan City, Michigan City.
What is the average sales price for listings in 331 Childers Lane?
The average sales price for units in 331 Childers Lane is $370,000 , or $227/sqft. currently.

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