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506 Shady Lane

506 Shady Lane, Crawfordsville, IN 47933
Property in Union
Sold Dec 23, 2021
$167,928
$126,262 by Southwest Funding Lp
Mortgage Due Jan 01, 2052
Sold Oct 12, 2021
Transfer
Buyer
Seller
506 Shady Lane in Crawfordsville, IN was first built in 1963 and is 61 years old. Although, the building on the property was most recently renovated and altered in 1976. This has been categorized as a residential property type. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 506 Shady Lane has 864 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. The basement is 864 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,800. In total, the area measurement of the land is 14,418 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 576 sqft. There are a total of 2 available parking spaces. 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 D+. The condition of the building has been evaluated as average. As for heating, the home is utilizing a central heating system and being fueled with gas. 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, 506 Shady Lane sold most recently in Dec 17, 2021 for a total of $167,928. If you work out the math, that's approximately a cost of $194.36 per sqft. 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 $920 in taxes each year. 506 Shady Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $100,400. If we break it down further, the land itself was valued at $21,700. Improvements to the property, however, were assessed at a total of $78,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1976
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 864
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,418
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 800
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 864
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NATHANIEL A DUNNS ADDITION
  • Land Acres: 0.331
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LOT 4 N A DUNNS O L

Ownership

  • Current Owner : SPRINGER SARAH RENEE
  • Current Owner 2: GARDNER MASON RAY
  • Previous Owner : RATCLIFF INC
  • Owner Before Previous Owner: CAREY GREG L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Crawfordsville Community Schools
  • Census Tract: 957100

Geography

  • Account Number: 023-13766-00
  • District: 0009
  • Section: 40
  • Parcel: 54-10-04-112-026.000-030
  • Lot: 4
  • Municipality: UNION TOWNSHIP
  • Latitude: 40.0362
  • Longitude: -86.8732

    Address

  • Full Address: 506 Shady Ln
  • Address - House Number: 506
  • Address - Street Name: Shady
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Crawfordsville
  • Carrier Code: C006
  • 4-Digit Zip Code: 3157
  • Zip Code: 47933

Valuation

    Tax

  • Total Area: 1,728
  • Tax Year: 2023
  • Tax Amount: $920
  • Tax Rate Code Area: 23:SUGAR C

    Appraisal Valuation

  • Standard Deviation: 0.2763
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 60
  • Final Value: 168,857
  • High Value: 215,521
  • Low Value: 122,194

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,262
  • First Open Lien Mortgage Lender: SOUTHWEST FUNDING LP
  • First Open Lien Mortgage Recording Date: Dec 23, 2021
  • First Open Lien Mortgage Loan Amount: $126,262
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $100,400
  • Market Land Value: $21,700
  • Market Improvement Value: $78,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,400
  • Assessed Land Value: $21,700
  • Assessed Improvements Value: $78,700

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Transaction ID: 11875859335
  • Current Sale Price: $167,928
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8944
  • Previous Sale Recording Date: Oct 12, 2021
  • Previous Sale Contract Date: Oct 07, 2021
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHWEST FUNDING LP
  • First Mortgage Transaction Date: Dec 23, 2021
  • First Mortgage Loan Amount: $126,262
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About Crawfordsville



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Frequently Asked Questions

What neighborhood is 506 Shady Lane located in?
The 506 Shady Lane is a located in the neighborhood of Union in Crawfordsville, Crawfordsville.
What is the average sales price for listings in 506 Shady Lane?
The average sales price for units in 506 Shady Lane is $0 currently.

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