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414 Burket Lane

414 Burket Lane, Bremen, IN 46506
Property in German
Sold Feb 05, 2016
$122,500
$98,000 by First Federal Bank Fsb
Mortgage Due Feb 01, 2046
Sold Jul 05, 2013
Transfer
414 Burket Lane has been categorized by the local assessors in Bremen, IN as a residential type of property. The building on the property was first built in 1999 and is 25 years old. However, we must point out that the home was most recently renovated and altered in 2001. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 414 Burket Lane has 4,083 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 full basement that is 1,647 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 linear feet between the front and back of the lot is 1,800 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 17,860 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 816 sqft. According to our sources, there are a total of 4 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 414 Burket Lane sold most recently in Jan 25, 2016 for a total of $122,500. If you work out the math, that's approximately a cost of $25.01 per sqft. 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 $3,351 in taxes each year. 414 Burket Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $323,700. If we break it down further, the land itself was valued at $39,900. Improvements to the property, however, were assessed at a total of $283,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1999
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,647
  • Garage Type: Attached
  • Garage Square Area: 816
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,899
  • Gross Building Area: 4,899
  • Building Area: 4,083
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,083
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BURKETS FIRST ADDITION
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ACREAGE: .41AUDITOR DESC: BURKETS FIRST ADDITION PUD LOT 32LEGAL DESC:

Ownership

  • Current Owner : WRIGHT MICHAEL W
  • Current Owner 2: WRIGHT JOANN E
  • Previous Owner : NEWMAN ARLENE E
  • Owner Before Previous Owner: ZELTWANGER RONALD W
  • Owner Before Previous Owner 2: ZELTWANGER LANA F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bremen Public Schools
  • Census Tract: 020101

Geography

  • Assessors Map Reference: 53-34-203-029
  • District: 0003
  • Section: 34
  • Parcel: 50-53-34-203-625.000-006
  • Lot: 32
  • Municipality: GERMAN TOWNSHIP
  • Latitude: 41.4434
  • Longitude: -86.162

    Address

  • Full Address: 414 Burket Ln
  • Address - House Number: 414
  • Address - Street Name: Burket
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Bremen
  • Carrier Code: R005
  • 4-Digit Zip Code: 1978
  • Zip Code: 46506

Valuation

    Tax

  • Total Area: 4,083
  • Tax Year: 2022
  • Tax Amount: $3,351
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.2084
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 71
  • Final Value: 424,017
  • High Value: 512,400
  • Low Value: 335,634

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $98,000
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK FSB
  • First Open Lien Mortgage Recording Date: Feb 05, 2016
  • First Open Lien Mortgage Loan Amount: $98,000
  • 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: Feb 01, 2046

    Market Valuation

  • Market Total Value: $323,700
  • Market Land Value: $39,900
  • Market Improvement Value: $283,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $323,700
  • Assessed Land Value: $39,900
  • Assessed Improvements Value: $283,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 25, 2016
  • Current Sale Recording Date: Feb 05, 2016
  • Current Sale Transaction ID: 1423269769
  • Current Sale Price: $122,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201600601
  • Previous Sale Recording Date: Jul 05, 2013
  • Previous Sale Contract Date: Jun 27, 2013
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK FSB
  • First Mortgage Transaction Date: Feb 05, 2016
  • First Mortgage Loan Amount: $98,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2046

About Bremen



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Frequently Asked Questions

What neighborhood is 414 Burket Lane located in?
The 414 Burket Lane is a located in the neighborhood of German in Bremen, Bremen.
What is the average sales price for listings in 414 Burket Lane?
The average sales price for units in 414 Burket Lane is $0 currently.

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