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5038 North Ludlow Road

5038 North Ludlow Road, Urbana, OH 43078
Property in Salem
Sold May 14, 2013
$199,500
$154,500 by The Citizens Banking Co
Mortgage Due Jun 01, 2043
Sold Jun 20, 2006
$211,500
$211,500 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2036
5038 North Ludlow Road in Urbana, OH was first built in 1997 and is 27 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a raised ranch style. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5038 North Ludlow Road has 1,806 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 147,189 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 654 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in May 10, 2013 for $199,500. That's $110.47 per sqft. Prior to that sales transaction, the property was also sold in Jun 8, 2006 for $211,500. 5038 North Ludlow Road was last assessed in 2022. The total value of the property was assessed at $92,200. Specifically, the land the property is located on was valued at $15,180. While improvements on the property were assessed at a total of $77,020. 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 $3,482. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1997
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,506
  • Garage Type: Attached
  • Garage Square Area: 654
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 147,189
  • Total Building Area: 1,806
  • Gross Building Area: 1,806
  • Building Area: 1,806
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,806
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 3.379
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: RTS 12-05-04 NW CORNER

Ownership

  • Current Owner : FLORA BRIAN P
  • Current Owner 2: FLORA EMILY R
  • Previous Owner : BRADLEY THOMAS A
  • Previous Owner 2: BRADLEY JEAN G
  • Owner Before Previous Owner: HOLYCROSS PHILIP W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: West Liberty-Salem Local School District
  • School Tax School District: WLS LSD
  • School Tax District Code 2: WLS LSD
  • School Tax District Code 3: WLS LSD
  • Census Tract: 011501

Geography

  • Assessors Map Reference: MAP: U00400
  • Account Number: 029428-5
  • District: I30
  • Parcel: I30-09-12-04-00-001-01
  • Meridian: SEC 4 TWN 9N RNG 12W
  • Municipality: SALEM
  • Latitude: 40.1796
  • Longitude: -83.6938

    Address

  • Full Address: 5038 N Ludlow Rd
  • Address - House Number: 5038
  • Street Direction: N
  • Address - Street Name: Ludlow
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Urbana
  • Carrier Code: R009
  • 4-Digit Zip Code: 9512
  • Zip Code: 43078

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,482

    Appraisal Valuation

  • Standard Deviation: 0.2077
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 380,928
  • High Value: 460,084
  • Low Value: 301,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,500
  • First Open Lien Mortgage Lender: THE CITIZENS BANKING CO
  • First Open Lien Mortgage Recording Date: May 14, 2013
  • First Open Lien Mortgage Loan Amount: $154,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2043

    Market Valuation

  • Market Total Value: $263,420
  • Market Land Value: $43,360
  • Market Improvement Value: $220,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,200
  • Assessed Land Value: $15,180
  • Assessed Improvements Value: $77,020

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2013
  • Current Sale Recording Date: May 14, 2013
  • Current Sale Transaction ID: 1198342094
  • Current Sale Price: $199,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201300002455
  • Previous Sale Recording Date: Jun 20, 2006
  • Previous Sale Contract Date: Jun 08, 2006
  • Previous Sale Amount: $211,500
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE CITIZENS BANKING CO
  • First Mortgage Transaction Date: May 14, 2013
  • First Mortgage Loan Amount: $154,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jun 20, 2006
  • Previous Mortgage Loan Amount: $211,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2036

About Champaign



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Frequently Asked Questions

What neighborhood is 5038 North Ludlow Road located in?
The 5038 North Ludlow Road is a located in the neighborhood of Salem in Champaign, Urbana.
What is the average sales price for listings in 5038 North Ludlow Road?
The average sales price for units in 5038 North Ludlow Road is $0 currently.

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