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5056 North West Point Road

5056 North West Point Road, Salem, IN 47167
House in Gibson
Sold Dec 29, 2020
$146,300
$117,000 by Hoosier Hills Cu
Mortgage Due Jan 01, 2036
Sold Aug 27, 2020
$100,000
5056 North West Point Road has been categorized by the local assessors in Salem, IN as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 2 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, 5056 North West Point Road has 960 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 368,953 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. 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 wood 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 roof of the building is made of metal. In terms of heating, it is utilizing a heating system we are unsure of. Finally, the property is currently sourcing its water from none system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5056 North West Point Road sold most recently in Dec 23, 2020 for a total of $146,300. If you work out the math, that's approximately a cost of $152.40 per sqft. Before that, the property was also sold for $100,000 in Aug 25, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,092 in taxes each year. 5056 North West Point Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $112,500. If we break it down further, the land itself was valued at $41,900. Improvements to the property, however, were assessed at a total of $70,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 368,953
  • Lot Size Frontage Feet: 0
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Other
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 8.47
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 09-20-300-013.005-03 PT SW 20-3-5 8.47AC

Ownership

  • Current Owner : DEAN SARAH ELIZABETH
  • Previous Owner : LANDRETH CHRISTINA
  • Owner Before Previous Owner: MARTIN DOUGLAS C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem Community Schools
  • Census Tract: 967200

Geography

  • Assessors Map Reference: MP 300.000
  • Account Number: 0039743420
  • District: 0003
  • Parcel: 88-35-20-000-013.005-005
  • Municipality: GIBSON TOWNSHIP
  • Latitude: 38.6786
  • Longitude: -85.9939

    Address

  • Full Address: 5056 N West Point Rd
  • Address - House Number: 5056
  • Street Direction: N
  • Address - Street Name: West Point
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Salem
  • Carrier Code: R006
  • 4-Digit Zip Code: 7300
  • Zip Code: 47167

Valuation

    Tax

  • Total Area: 960
  • Tax Year: 2022
  • Tax Amount: $1,092
  • Tax Rate Code Area: 5:GIBSON T

    Appraisal Valuation

  • Standard Deviation: 0.2561
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 63
  • Final Value: 223,179
  • High Value: 280,335
  • Low Value: 166,022

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,000
  • First Open Lien Mortgage Lender: HOOSIER HILLS CU
  • First Open Lien Mortgage Recording Date: Dec 29, 2020
  • First Open Lien Mortgage Loan Amount: $117,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $112,500
  • Market Land Value: $41,900
  • Market Improvement Value: $70,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,500
  • Assessed Land Value: $41,900
  • Assessed Improvements Value: $70,600

    Sales

  • Current Sale Contract Date: Dec 23, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Transaction ID: 11809704589
  • Current Sale Price: $146,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20205002
  • Previous Sale Recording Date: Aug 27, 2020
  • Previous Sale Contract Date: Aug 25, 2020
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOOSIER HILLS CU
  • First Mortgage Transaction Date: Dec 29, 2020
  • First Mortgage Loan Amount: $117,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2036

About Washington



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Frequently Asked Questions

What neighborhood is 5056 North West Point Road located in?
The 5056 North West Point Road is a house located in the neighborhood of Gibson in Washington, Salem.
What is the average sales price for listings in 5056 North West Point Road?
The average sales price for units in 5056 North West Point Road is $0 currently.

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