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504 North 12th Street

504 North 12th Street, Elwood, IN 46036
Commercial in Pipe Creek
1 Units For Sale
Unit for sale at 504 N 12th, Elwood, IN 46036

$149,900

  • Commercial
  • 2,240 ft²
504 N 12th, Elwood, IN 46036 Listing by Chris Camperelli

504 North 12th Street in Elwood, IN was first built in 1993 and is 31 years old. This has been categorized as a recreational property type. It is a single story home. In total, the area measurement of the land is 4,792 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. Water for the property is sourced from a water system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. 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 property was last sold in Jan 19, 2024 for $202,160. That's $90.25 per sqft. Prior to that sales transaction, the property was also sold in Jul 27, 2023 for $100,000. 504 North 12th Street was last assessed in 2023. The total value of the property was assessed at $89,400. Specifically, the land the property is located on was valued at $5,500. While improvements on the property were assessed at a total of $83,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $0. 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 description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,240
  • Gross Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Recreational
  • Subdivision: PAN HANDLE ADDITION
  • Land Acres: 0.11
  • Standard Land Use Code: Theater
  • Legal Description 1: PANHANDLE 0.0000ACRES STR: 00000 SECTION: PLAT: 00 IN: OUT:

Ownership

  • Current Owner : BENTON HERBERT
  • Current Owner 2: BENTON SUSAN
  • Previous Owner : PRICES LLC
  • Owner Before Previous Owner: ELWOOD BIBLE BAPTISH CHURCH INC
  • Ownership Rights Codes: Husband and wife
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 25, 2023

Neighborhood

  • School District Name: Elwood Community School Corporation
  • Census Tract: 010200

Geography

  • Assessors Map Reference: MP D1-H
  • Account Number: 263129W
  • District: 0010
  • Parcel: 48-04-09-401-170.000-027
  • Municipality: PIPE CREEK TOWNSHIP
  • Latitude: 40.2811
  • Longitude: -85.8461

    Address

  • Full Address: 504 N 12th St
  • Address - House Number: 504
  • Street Direction: N
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Elwood
  • Carrier Code: C003
  • 4-Digit Zip Code: 1204
  • Zip Code: 46036

Valuation

    Tax

  • Total Area: 2,400
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 26:ELWOOD

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 23, 2024
  • First Open Lien Mortgage Loan Amount: $152,000
  • 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, 2054

    Market Valuation

  • Market Total Value: $89,400
  • Market Land Value: $5,500
  • Market Improvement Value: $83,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,400
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $83,900

    Exemptions

  • Religious Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 19, 2024
  • Current Sale Recording Date: Jan 23, 2024
  • Current Sale Transaction ID: 11919660982
  • Current Sale Price: $202,160
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1009
  • Previous Sale Recording Date: Aug 17, 2023
  • Previous Sale Contract Date: Jul 27, 2023
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 23, 2024
  • First Mortgage Loan Amount: $152,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

About Elwood



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Frequently Asked Questions

What neighborhood is 504 North 12th Street located in?
The 504 North 12th Street is a commercial located in the neighborhood of Pipe Creek in Elwood, Elwood.
How many listings are currently for sale in 504 North 12th Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 504 North 12th Street?
The average sales price for units in 504 North 12th Street is $149,900 , or $67/sqft. currently.

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