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50545 Mercury Drive

50545 Mercury Drive, Granger, IN 46530
Property in Clay
Sold Aug 14, 2013
$193,600
$135,500 by Horizon Bank
Mortgage Due Apr 01, 2052
Sold May 20, 2005
$195,000
$156,000 by Sallie Mae Home Loans Inc
Mortgage Due Jun 01, 2035
Local assessors in Granger, IN have categorized 50545 Mercury Drive as a residential type of property. The home was built in 1977 and is 47 years old. It was most recently renovated and altered in 1984. The property's lot size has been calculated to be 17,094 square feet. The linear feet between the front and back of the lot was measured at 1,540 ft and the front of the lot was measured at 1,110 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 50545 Mercury Drive has a total of 2,798 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 938 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 none system. 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 1,815 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. 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 frame 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 - B. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 9, 2013 for $193,600. That's $41.71 per sqft. Prior to that sales transaction, the property was also sold in May 10, 2005 for $195,000. 50545 Mercury Drive was last assessed in 2023. The total value of the property was assessed at $305,800. Specifically, the land the property is located on was valued at $51,400. While improvements on the property were assessed at a total of $254,400. 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 $3,548. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1977
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 938
  • Garage Type: Attached
  • Garage Square Area: 1,815
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 17,094
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 4,642
  • Gross Building Area: 4,642
  • Building Area: 2,798
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,798
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: FOREST HILLS PARK
  • Land Acres: 0.392
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LOT 31 FOREST HILLS PARK SECTION FOUR

Ownership

  • Current Owner : TURNER RONALD D
  • Previous Owner : FARMER MICHAEL
  • Previous Owner 2: FARMER NICOLE
  • Owner Before Previous Owner: GAGE GARY R
  • Owner Before Previous Owner 2: GAGE LINDA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Bend Community School Corporation
  • Census Tract: 011304

Geography

  • Assessors Map Reference: 5171-B2
  • District: 0002
  • Section: 8-3
  • Parcel: 71-04-08-326-012.000-003
  • Lot: 31
  • Municipality: CLAY TOWNSHIP
  • Latitude: 41.7591
  • Longitude: -86.2108

    Address

  • Full Address: 50545 Mercury Dr
  • Address - House Number: 50545
  • Address - Street Name: Mercury
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Granger
  • Carrier Code: R020
  • 4-Digit Zip Code: 8501
  • Zip Code: 46530

Valuation

    Tax

  • Total Area: 4,252
  • Tax Year: 2022
  • Tax Amount: $3,548
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2318
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 386,539
  • High Value: 476,168
  • Low Value: 296,910

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,500
  • First Open Lien Mortgage Lender: HORIZON BANK
  • First Open Lien Mortgage Recording Date: Mar 29, 2022
  • First Open Lien Mortgage Loan Amount: $135,500
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $305,800
  • Market Land Value: $51,400
  • Market Improvement Value: $254,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,800
  • Assessed Land Value: $51,400
  • Assessed Improvements Value: $254,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2013
  • Current Sale Recording Date: Aug 14, 2013
  • Current Sale Transaction ID: 1386749632
  • Current Sale Price: $193,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1324978
  • Previous Sale Recording Date: May 20, 2005
  • Previous Sale Contract Date: May 10, 2005
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HORIZON BANK
  • First Mortgage Transaction Date: Aug 14, 2013
  • First Mortgage Loan Amount: $154,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SALLIE MAE HOME LOANS INC
  • Previous Mortgage Transaction Date: May 20, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $156,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About Granger



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Frequently Asked Questions

What neighborhood is 50545 Mercury Drive located in?
The 50545 Mercury Drive is a located in the neighborhood of Clay in Granger, Granger.
What is the average sales price for listings in 50545 Mercury Drive?
The average sales price for units in 50545 Mercury Drive is $0 currently.

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