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3506 Timberbridge Drive

3506 Timberbridge Drive, Valparaiso, IN 46383
Property in Center
1 Units For Sale
Unit for sale at 3506 Timberbridge Drive, Valparaiso, IN 46383-7101

$164,900

  • 2 Beds
  • 2 Baths
  • 915 ft²
3506 Timberbridge Drive, Valparaiso, IN 46383-7101 Listing by Jeanne Sommer

3506 Timberbridge Drive has been categorized by the local assessors in Valparaiso, IN as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The building has a total of 2 stories. In addition, 3506 Timberbridge Drive has 7,320 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 5,097 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 264 sqft. According to our sources, there is one available parking space. 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 concrete control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of concrete block. In terms of heating, the home is utilizing gas. 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, 3506 Timberbridge Drive sold most recently in Aug 12, 2013 for a total of $77,000. If you work out the math, that's approximately a cost of $10.52 per sqft. Before that, the property was also sold for $90,000 in Dec 21, 2010. 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 $931 in taxes each year. 3506 Timberbridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $123,200. If we break it down further, the land itself was valued at $19,900. Improvements to the property, however, were assessed at a total of $103,300. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete
  • Building Style: Condo
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 8
  • Business/Commerical Units Count: 8
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,097
  • Total Building Area: 7,320
  • Gross Building Area: 7,320
  • Building Area: 7,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,320
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TIMBERBRIDGE CONDOS
  • Land Acres: 0.117
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TIMBERBRIDGE CONDOS PHASE 1 BUILDING 8 UNIT E

Ownership

  • Current Owner : HIGGINS MICHAEL
  • Previous Owner : VANWAGNER JOHN W
  • Previous Owner 2: VANWAGNER ANN MARIE
  • Owner Before Previous Owner: SELMAN MARY J
  • Owner Before Previous Owner 2: MOSER MARY J

Neighborhood

  • School District Name: Valparaiso Community Schools
  • Census Tract: 050602

Geography

  • District: 0002
  • Subdivision Phase Number: 1
  • Parcel: 64-10-07-184-021.000-004
  • Municipality: CENTER TOWNSHIP
  • Latitude: 41.5008
  • Longitude: -87.0384

    Address

  • Full Address: 3506 Timberbridge Dr
  • Address - House Number: 3506
  • Address - Street Name: Timberbridge
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Valparaiso
  • Carrier Code: C039
  • 4-Digit Zip Code: 7100
  • Zip Code: 46383

Valuation

    Tax

  • Total Area: 7,320
  • Tax Year: 2022
  • Tax Amount: $931
  • Tax Rate Code Area: 1:VALPARAI

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 69
  • Final Value: 181,083
  • High Value: 220,880
  • Low Value: 141,285

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $61,600
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 28, 2013
  • First Open Lien Mortgage Loan Amount: $61,600
  • 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: Sep 01, 2043

    Market Valuation

  • Market Total Value: $123,200
  • Market Land Value: $19,900
  • Market Improvement Value: $103,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,200
  • Assessed Land Value: $19,900
  • Assessed Improvements Value: $103,300

    Sales

  • Current Sale Contract Date: Aug 12, 2013
  • Current Sale Recording Date: Aug 28, 2013
  • Current Sale Transaction ID: 1078299785
  • Current Sale Price: $77,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013023064
  • Previous Sale Recording Date: Dec 23, 2010
  • Previous Sale Contract Date: Dec 21, 2010
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 28, 2013
  • First Mortgage Loan Amount: $61,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: GRIFFITH SAVINGS BANK
  • Previous Mortgage Transaction Date: Dec 23, 2010
  • Previous Mortgage Loan Amount: $72,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2041

About Valparaiso



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Nearby Rentals

Unit for rent at 504 Locust Street, Valparaiso, IN, 46383

$1,225 /mo

  • 2 Beds
  • 1 Bath
  • 619 ft²
504 Locust Street #1, Valparaiso, IN, 46383 Listing by Adrien Chabot

Frequently Asked Questions

What neighborhood is 3506 Timberbridge Drive located in?
The 3506 Timberbridge Drive is a located in the neighborhood of Center in Valparaiso, Valparaiso.
How many listings are currently for sale in 3506 Timberbridge Drive?
There is one unit for sale right now.
What is the average sales price for listings in 3506 Timberbridge Drive?
The average sales price for units in 3506 Timberbridge Drive is $164,900 , or $180/sqft. currently.

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