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414 North Main Street

414 North Main Street, Lynn, IN 47355
Property in Washington
Sold Jul 09, 2015
$59,000
$47,200 by Mainsource Bank
Mortgage Due Jul 01, 2030
Sold Oct 07, 2011
$65,000
$50,000 by Richard W Gardner
Mortgage Due Jul 01, 2015
414 North Main Street has been categorized by the local assessors in Lynn, IN as a residential type of property. The building on the property was first built in 1910 and is 114 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 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, 414 North Main Street has 1,142 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 partial basement that is 856 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 2,680 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 16,553 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 detached garage for those who require parking. The garage measured 768 sqft. According to our sources, there are a total of 3 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 masonry 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 a water 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, 414 North Main Street sold most recently in Jun 25, 2015 for a total of $59,000. If you work out the math, that's approximately a cost of $51.66 per sqft. Before that, the property was also sold for $65,000 in Apr 30, 2011. 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 $639 in taxes each year. 414 North Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $73,700. If we break it down further, the land itself was valued at $6,900. Improvements to the property, however, were assessed at a total of $66,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1910
  • Effective Year Built: 1910
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 856
  • Garage Type: Detached
  • Garage Square Area: 768
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 16,553
  • Lot Size Depth Feet: 2,680
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,142
  • Building Area: 1,142
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,142
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT NE SE 34-19-14 .38 A

Ownership

  • Current Owner : GARDNER RICHARD
  • Previous Owner : HORNER JOAN C
  • Owner Before Previous Owner: HORNER CARL
  • Owner Before Previous Owner 2: HORNER JOAN C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Randolph Southern School Corporation
  • Census Tract: 952000

Zoning

  • Zoning: C3

Geography

  • Assessors Map Reference: 018 002 125 00
  • Account Number: 018-00221-00
  • District: 0009
  • Section: 34
  • Parcel: 68-13-34-402-007.000-017
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 40.0531
  • Longitude: -84.9404

    Address

  • Full Address: 414 N Main St
  • Address - House Number: 414
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IN
  • City Name: Lynn
  • Carrier Code: R002
  • 4-Digit Zip Code: 9078
  • Zip Code: 47355

Valuation

    Tax

  • Total Area: 1,998
  • Tax Year: 2022
  • Tax Amount: $639
  • Tax Rate Code Area: 18:WAYNE T

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $47,200
  • First Open Lien Mortgage Lender: MAINSOURCE BANK
  • First Open Lien Mortgage Recording Date: Jul 09, 2015
  • First Open Lien Mortgage Loan Amount: $47,200
  • 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: Jul 01, 2030

    Market Valuation

  • Market Total Value: $73,700
  • Market Land Value: $6,900
  • Market Improvement Value: $66,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,700
  • Assessed Land Value: $6,900
  • Assessed Improvements Value: $66,800

    Sales

  • Current Sale Contract Date: Jun 25, 2015
  • Current Sale Recording Date: Jul 09, 2015
  • Current Sale Transaction ID: 1239540041
  • Current Sale Price: $59,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20152587
  • Previous Sale Recording Date: Oct 07, 2011
  • Previous Sale Contract Date: Apr 30, 2011
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Land Contract

    Last Sale Mortgage

  • First Mortgage Lender: MAINSOURCE BANK
  • First Mortgage Transaction Date: Jul 09, 2015
  • First Mortgage Loan Amount: $47,200
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2030

    Previous Mortgages

  • Previous Mortgage Lender: RICHARD W GARDNER
  • Previous Mortgage Transaction Date: Oct 07, 2011
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 44
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Jul 01, 2015

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Frequently Asked Questions

What neighborhood is 414 North Main Street located in?
The 414 North Main Street is a located in the neighborhood of Washington in Lynn, Lynn.
What is the average sales price for listings in 414 North Main Street?
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