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3540 Arcanum-Bears Mill Road

3540 Arcanum-Bears Mill Road, Arcanum, OH 45304
Property in Van Buren
Sold Jun 01, 1989
$80,000
$75,857 by Jpmorgan Chase Bank Na
Mortgage Due Feb 01, 2028
Sold Sep 01, 1987
$68,000
3540 Arcanum-Bears Mill Road has been categorized by the local assessors in Arcanum, OH as a residential type of property. The building on the property was first built in 1972 and is 52 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3540 Arcanum-Bears Mill Road has 2,067 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 2,110 ft and across the front of the lot is 1,280 ft. The area measurement of the land has been determined as 25,531 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 garage for those who require parking. The garage measured 600 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as excellent. 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 brick 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 a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 3540 Arcanum-Bears Mill Road sold most recently in Jun 1, 1989 for a total of $80,000. If you work out the math, that's approximately a cost of $38.70 per sqft. Before that, the property was also sold for $68,000 in Sep 1, 1987. 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 $2,226 in taxes each year. 3540 Arcanum-Bears Mill Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $56,430. If we break it down further, the land itself was valued at $9,900. Improvements to the property, however, were assessed at a total of $46,530. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1972
  • Effective Year Built: 1972
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: C+
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 25,531
  • Lot Size Depth Feet: 2,110
  • Lot Size Frontage Feet: 1,280
  • Total Building Area: 2,067
  • Building Area: 2,067
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,067
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: MARION FOURMAN 3RD ADDN
  • Land Acres: 0.586
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MARION FOURMAN 3RD ADDN WHOLE OLOT 7

Ownership

  • Current Owner : METZGER MICHAEL E
  • Current Owner 2: METZGER DEBRA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Arcanum-Butler Local School District
  • School Tax School District: Q63
  • School Tax District Code 2: 1902
  • Census Tract: 570101

Geography

  • District: Q63
  • Parcel: Q63-0-309-28-00-00-22100
  • Lot: 7
  • Municipality: VAN BUREN TWP
  • Latitude: 40.0211
  • Longitude: -84.5468

    Address

  • Full Address: 3540 Arcanum Bears Mill Rd
  • Address - House Number: 3540
  • Address - Street Name: Arcanum Bears Mill
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Arcanum
  • Carrier Code: R001
  • 4-Digit Zip Code: 9751
  • Zip Code: 45304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,226

    Appraisal Valuation

  • Standard Deviation: 0.2189
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 69
  • Final Value: 250,402
  • High Value: 305,231
  • Low Value: 195,573

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,857
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Feb 06, 2013
  • First Open Lien Mortgage Loan Amount: $75,857
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2028

    Market Valuation

  • Market Total Value: $161,220
  • Market Land Value: $28,280
  • Market Improvement Value: $132,940

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,430
  • Assessed Land Value: $9,900
  • Assessed Improvements Value: $46,530

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 1989
  • Current Sale Recording Date: Jun 01, 1989
  • Current Sale Transaction ID: 1662297587
  • Current Sale Price: $80,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 01, 1987
  • Previous Sale Contract Date: Sep 01, 1987
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: Deed

About Darke



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Frequently Asked Questions

What neighborhood is 3540 Arcanum-Bears Mill Road located in?
The 3540 Arcanum-Bears Mill Road is a located in the neighborhood of Van Buren in Darke, Arcanum.
What is the average sales price for listings in 3540 Arcanum-Bears Mill Road?
The average sales price for units in 3540 Arcanum-Bears Mill Road is $0 currently.

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