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3500 Shady Lake Drive

3500 Shady Lake Drive, Westfield, IN 46074
House in Washington
Sold Sep 22, 2020
$638,000
$510,400 by Ruoff Mortgage Company Inc
Mortgage Due Oct 01, 2050
Sold Apr 18, 2016
Transfer
Local assessors in Westfield, IN have categorized 3500 Shady Lake Drive as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 19,166 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3500 Shady Lake Drive has a total of 4,638 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,551 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 none system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 663 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 frame 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 - A. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 16, 2020 for $638,000. That's $117.58 per sqft. 3500 Shady Lake Drive was last assessed in 2023. The total value of the property was assessed at $632,100. Specifically, the land the property is located on was valued at $78,900. While improvements on the property were assessed at a total of $553,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,502. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Composition Board Siding
Stone Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,551
  • Garage Type: Attached
  • Garage Square Area: 663
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,166
  • Total Building Area: 5,426
  • Gross Building Area: 5,426
  • Building Area: 4,638
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,638
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: LAKES AT SHADY NOOK SECTION 1B
  • Land Acres: 0.44
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ACREAGE .44, SECTION 32, TOWNSHIP 19, RANGE 4, LAKES AT SHADY NOOK, SECTION 1B, LOT 40, IRREGULAR SHAPE

Ownership

  • Current Owner : MOSS HOLLY L
  • Current Owner 2: MOSS JAMES M
  • Previous Owner : SANTO JOHN DAL
  • Previous Owner 2: SANTO ERIN DAL
  • Owner Before Previous Owner: WEEKLEY HOMES OF INDIANA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westfield-Washington Schools
  • Census Tract: 110516

Geography

  • District: 0008
  • Parcel: 29-06-32-025-040.000-015
  • Lot: 40
  • Meridian: SEC 32 TWN 19 RNG 04
  • Municipality: DAVIESS TOWNSHIP
  • Latitude: 40.0509
  • Longitude: -86.1067

    Address

  • Full Address: 3500 Shady Lake Dr
  • Address - House Number: 3500
  • Address - Street Name: Shady Lake
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Westfield
  • Carrier Code: R006
  • 4-Digit Zip Code: 6301
  • Zip Code: 46074

Valuation

    Tax

  • Total Area: 4,763
  • Tax Year: 2022
  • Tax Amount: $6,502
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 784,874
  • High Value: 924,860
  • Low Value: 644,888

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $585,400
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Sep 22, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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
  • Second Open Lien Mortgage Lender: PNC BANK, NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Mar 14, 2024
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 07, 2064

    Market Valuation

  • Market Total Value: $632,100
  • Market Land Value: $78,900
  • Market Improvement Value: $553,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $632,100
  • Assessed Land Value: $78,900
  • Assessed Improvements Value: $553,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 16, 2020
  • Current Sale Recording Date: Sep 22, 2020
  • Current Sale Transaction ID: 11795210745
  • Current Sale Price: $638,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020065889
  • Previous Sale Recording Date: Apr 18, 2016
  • Previous Sale Contract Date: Apr 01, 2016
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Sep 22, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Hamilton



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Frequently Asked Questions

What neighborhood is 3500 Shady Lake Drive located in?
The 3500 Shady Lake Drive is a house located in the neighborhood of Washington in Hamilton, Westfield.
What is the average sales price for listings in 3500 Shady Lake Drive?
The average sales price for units in 3500 Shady Lake Drive is $0 currently.

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