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403 Thorn Road

403 Thorn Road, Walkerton, IN 46574
House in Polk
Sold Sep 02, 2022
$170,000
$170,000 by Teachers Credit Union
Mortgage Due Sep 01, 2052
Sold Apr 22, 2020
$98,800
$79,000 by First Federal Savings Bank
Mortgage Due May 01, 2050
403 Thorn Road has been categorized by the local assessors in Walkerton, IN as a residential type of property. The building on the property was first built in 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 403 Thorn Road has 1,152 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 22,651 square feet.

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 attached garage for those who require parking. The garage measured 320 sqft. According to our sources, there are a total of 2 available parking spaces. 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 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. Finally, the property is currently sourcing its water from none system. 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, 403 Thorn Road sold most recently in Aug 31, 2022 for a total of $170,000. If you work out the math, that's approximately a cost of $115.49 per sqft. Before that, the property was also sold for $98,800 in Apr 10, 2020. 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 $204 in taxes each year. 403 Thorn Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $112,500. If we break it down further, the land itself was valued at $26,600. Improvements to the property, however, were assessed at a total of $85,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Masonite Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 320
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 1,472
  • Gross Building Area: 1,472
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,152
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: ACREAGE: .52BEG SE COR SE NW

Ownership

  • Current Owner : STOUT ROBERT J
  • Current Owner 2: STOUT JENNIFER LYNN
  • Previous Owner : SIMON SUSAN I
  • Owner Before Previous Owner: CAMPBELL TOMMY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: John Glenn School Corporation
  • Census Tract: 020202

Geography

  • Assessors Map Reference: 51-20-000-041
  • District: 0006
  • Section: 20
  • Parcel: 50-51-20-000-011.000-011
  • Municipality: POLK TOWNSHIP
  • Latitude: 41.4711
  • Longitude: -86.4358

    Address

  • Full Address: 403 Thorn Rd
  • Address - House Number: 403
  • Address - Street Name: Thorn
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Walkerton
  • Carrier Code: R004
  • 4-Digit Zip Code: 9602
  • Zip Code: 46574

Valuation

    Tax

  • Total Area: 1,152
  • Tax Year: 2022
  • Tax Amount: $204
  • Tax Rate Code Area: 011

    Appraisal Valuation

  • Standard Deviation: 0.2227
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 69
  • Final Value: 201,339
  • High Value: 246,183
  • Low Value: 156,495

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: TEACHERS CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 02, 2022
  • First Open Lien Mortgage Loan Amount: $170,000
  • 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, 2052

    Market Valuation

  • Market Total Value: $112,500
  • Market Land Value: $26,600
  • Market Improvement Value: $85,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,500
  • Assessed Land Value: $26,600
  • Assessed Improvements Value: $85,900

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Sep 02, 2022
  • Current Sale Transaction ID: 11895832487
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4967
  • Previous Sale Recording Date: Apr 22, 2020
  • Previous Sale Contract Date: Apr 10, 2020
  • Previous Sale Amount: $98,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TEACHERS CREDIT UNION
  • First Mortgage Transaction Date: Sep 02, 2022
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Apr 22, 2020
  • Previous Mortgage Loan Amount: $79,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2050

About Marshall



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Frequently Asked Questions

What neighborhood is 403 Thorn Road located in?
The 403 Thorn Road is a house located in the neighborhood of Polk in Marshall, Walkerton.
What is the average sales price for listings in 403 Thorn Road?
The average sales price for units in 403 Thorn Road is $0 currently.

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