Check Availability

422 Wade Street

422 Wade Street, Mitchell, IN 47446
House in Marion
Sold Aug 12, 2020
$89,600
$88,369 by Flanagan State Bank
Mortgage Due Sep 01, 2050
Sold Nov 22, 2019
$26,500
Local assessors in Mitchell, IN have categorized 422 Wade Street as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 9,900 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 422 Wade Street has a total of 1,056 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 336 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 422 Wade Street was last sold in Jul 26, 2020 for $89,600. According to our calculations, that's $84.85 per sqft. Prior to that sales transaction, the property was sold for $26,500 in Nov 12, 2019. Current property owners are expected to pay $748 in taxes per year. The property on 422 Wade Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $89,800. To break that down further, the land itself was valued at $10,700. While improvements to the property were assessed at a total of $79,100. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Parking

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

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 5
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,900
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GERKINS LOT 24 & PT LOT 23

Ownership

  • Current Owner : HOPPER MIRANDA S
  • Previous Owner : GILSTRAP PROPERTIES LLC
  • Owner Before Previous Owner: LAWRENCE COUNTY OF
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mitchell Community Schools
  • Census Tract: 951300

Geography

  • Assessors Map Reference: MP 7
  • Account Number: 1200143100P56
  • District: 0004
  • Section: 56
  • Parcel: 47-11-36-240-007.000-005
  • Lot: 24,23
  • Municipality: MARION TOWNSHIP
  • Latitude: 38.7406
  • Longitude: -86.4738

    Address

  • Full Address: 422 Wade St
  • Address - House Number: 422
  • Address - Street Name: Wade
  • Address - Suffix Type: St
  • State: IN
  • City Name: Mitchell
  • Carrier Code: R005
  • 4-Digit Zip Code: 9334
  • Zip Code: 47446

Valuation

    Tax

  • Total Area: 1,056
  • Tax Year: 2022
  • Tax Amount: $748
  • Tax Rate Code Area: 5:MITCHELL

    Appraisal Valuation

  • Standard Deviation: 0.4588
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 8
  • Final Value: 106,048
  • High Value: 154,707
  • Low Value: 57,388

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,369
  • First Open Lien Mortgage Lender: FLANAGAN STATE BANK
  • First Open Lien Mortgage Recording Date: Aug 12, 2020
  • First Open Lien Mortgage Loan Amount: $88,369
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $89,800
  • Market Land Value: $10,700
  • Market Improvement Value: $79,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,800
  • Assessed Land Value: $10,700
  • Assessed Improvements Value: $79,100

    Sales

  • Current Sale Contract Date: Jul 26, 2020
  • Current Sale Recording Date: Aug 12, 2020
  • Current Sale Transaction ID: 11783888192
  • Current Sale Price: $89,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020004802
  • Previous Sale Recording Date: Nov 22, 2019
  • Previous Sale Contract Date: Nov 12, 2019
  • Previous Sale Amount: $26,500
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLANAGAN STATE BANK
  • First Mortgage Transaction Date: Aug 12, 2020
  • First Mortgage Loan Amount: $88,369
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

About Mitchell



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 422 Wade Street located in?
The 422 Wade Street is a house located in the neighborhood of Marion in Mitchell, Mitchell.
What is the average sales price for listings in 422 Wade Street?
The average sales price for units in 422 Wade Street is $0 currently.

Quantcast