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4996 Otterbein-Ithaca Road

4996 Otterbein-Ithaca Road, Arcanum, OH 45304
Property in Butler
Sold Oct 28, 2020
$180,000
$165,000 by Park National Bank
Mortgage Due Nov 01, 2050
Sold Mar 27, 2003
$60,000
4996 Otterbein-Ithaca Road has been categorized by the local assessors in Arcanum, OH as a residential type of property. The building on the property was first built in 1948 and is 76 years old. However, we must point out that the home was most recently renovated and altered in 2002. The home has a total of 5 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, 4996 Otterbein-Ithaca Road has 1,512 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 1,512 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 55,103 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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. Residents will have the luxury of enjoying a open porch. 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 exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Oct 23, 2020 for $180,000. That's $119.05 per sqft. Prior to that sales transaction, the property was also sold in Mar 24, 2003 for $60,000. 4996 Otterbein-Ithaca Road was last assessed in 2022. The total value of the property was assessed at $43,260. Specifically, the land the property is located on was valued at $6,430. While improvements on the property were assessed at a total of $36,830. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,720. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2002
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,512
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 55,103
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,512
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1.265
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: PT E1/2 SE1/4 SE1/4

Ownership

  • Current Owner : FUGATE JACOB A
  • Current Owner 2: FUGATE KRISTEN R
  • Previous Owner : HENNESSY ROBERT
  • Owner Before Previous Owner: MAGIE JOHN W
  • Owner Before Previous Owner 2: MAGIE CAROLE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Arcanum-Butler Local School District
  • School Tax School District: D16
  • School Tax District Code 2: 1902
  • Census Tract: 560101

Geography

  • District: D16
  • Parcel: D16-0-210-23-00-00-20100
  • Municipality: BUTLER TWP
  • Latitude: 39.9474
  • Longitude: -84.6155

    Address

  • Full Address: 4996 Otterbein Ithaca Rd
  • Address - House Number: 4996
  • Address - Street Name: Otterbein Ithaca
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Arcanum
  • Carrier Code: R004
  • 4-Digit Zip Code: 9286
  • Zip Code: 45304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,720

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 69
  • Final Value: 215,875
  • High Value: 264,053
  • Low Value: 167,697

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: PARK NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 28, 2020
  • First Open Lien Mortgage Loan Amount: $165,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $123,600
  • Market Land Value: $18,360
  • Market Improvement Value: $105,240

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,260
  • Assessed Land Value: $6,430
  • Assessed Improvements Value: $36,830

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Oct 28, 2020
  • Current Sale Transaction ID: 11796250992
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000007230
  • Previous Sale Recording Date: Mar 27, 2003
  • Previous Sale Contract Date: Mar 24, 2003
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARK NATIONAL BANK
  • First Mortgage Transaction Date: Oct 28, 2020
  • First Mortgage Loan Amount: $165,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Darke



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Frequently Asked Questions

What neighborhood is 4996 Otterbein-Ithaca Road located in?
The 4996 Otterbein-Ithaca Road is a located in the neighborhood of Butler in Darke, Arcanum.
What is the average sales price for listings in 4996 Otterbein-Ithaca Road?
The average sales price for units in 4996 Otterbein-Ithaca Road is $0 currently.

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