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3615 West Lafayette Road

3615 West Lafayette Road, Sheridan, IN 46069
House in Adams
Sold Mar 29, 2021
$228,900
$225,834 by Ocmbc Inc
Mortgage Due Apr 01, 2051
Sold Sep 25, 2019
$194,000
$191,468 by The Huntington National Bank
Mortgage Due Oct 01, 2049
3615 West Lafayette Road has been categorized by the local assessors in Sheridan, IN as a residential type of property. The building on the property was first built in 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 8 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, 3615 West Lafayette Road has 1,864 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 756 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 96,268 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. 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 C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood siding. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3615 West Lafayette Road was last sold in Mar 20, 2021 for $228,900. According to our calculations, that's $87.37 per sqft. Prior to that sales transaction, the property was sold for $194,000 in Aug 16, 2019. Current property owners are expected to pay $2,477 in taxes per year. The property on 3615 West Lafayette Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $244,500. To break that down further, the land itself was valued at $71,100. While improvements to the property were assessed at a total of $173,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 756
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 96,268
  • Total Building Area: 2,620
  • Gross Building Area: 2,620
  • Building Area: 1,864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,864
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ADAMS
  • Land Acres: 2.21
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: ACREAGE 2.21, SECTION 31, TOWNSHIP 20, RANGE 3

Ownership

  • Current Owner : MANSFIELD RYAN
  • Previous Owner : PHILLIPS JOSHUA M
  • Previous Owner 2: JOHNSON TRISTEN L
  • Owner Before Previous Owner: CAIN THOMAS E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sheridan Community Schools
  • Census Tract: 110303

Geography

  • Subdivision Tract Number: 2
  • Parcel: 29-01-31-203-001.000-001
  • Municipality: ADAMS TOWNSHIP
  • Latitude: 40.1402
  • Longitude: -86.2249

    Address

  • Full Address: 3615 W Lafayette Rd
  • Address - House Number: 3615
  • Street Direction: W
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Sheridan
  • Carrier Code: R005
  • 4-Digit Zip Code: 9609
  • Zip Code: 46069

Valuation

    Tax

  • Total Area: 2,620
  • Tax Year: 2022
  • Tax Amount: $2,477
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 78
  • Final Value: 325,577
  • High Value: 381,533
  • Low Value: 269,621

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,834
  • First Open Lien Mortgage Lender: OCMBC INC
  • First Open Lien Mortgage Recording Date: Mar 29, 2021
  • First Open Lien Mortgage Loan Amount: $225,834
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $244,500
  • Market Land Value: $71,100
  • Market Improvement Value: $173,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,500
  • Assessed Land Value: $71,100
  • Assessed Improvements Value: $173,400

    Sales

  • Current Sale Contract Date: Mar 20, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Transaction ID: 11833580843
  • Current Sale Price: $228,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021024039
  • Previous Sale Recording Date: Sep 25, 2019
  • Previous Sale Contract Date: Aug 16, 2019
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCMBC INC
  • First Mortgage Transaction Date: Mar 29, 2021
  • First Mortgage Loan Amount: $225,834
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • Previous Mortgage Transaction Date: Sep 25, 2019
  • Previous Mortgage Loan Amount: $191,468
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2049

About Hamilton



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Frequently Asked Questions

What neighborhood is 3615 West Lafayette Road located in?
The 3615 West Lafayette Road is a house located in the neighborhood of Adams in Hamilton, Sheridan.
What is the average sales price for listings in 3615 West Lafayette Road?
The average sales price for units in 3615 West Lafayette Road is $0 currently.

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