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508 Logan Street

508 Logan Street, Warsaw, IN 46580
Property in Wayne
Sold May 10, 2021
$100,500
$99,170 by Ruoff Mortgage Company Inc
Mortgage Due Jun 01, 2051
Sold Apr 09, 2020
$10,000
Local assessors in Warsaw, IN have categorized 508 Logan Street as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 8,712 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 660 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 508 Logan Street has a total of 528 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 288 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 a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 wood 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 - D. The building has a roof that is made of asphalt. 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. 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, 508 Logan Street sold most recently in May 5, 2021 for a total of $100,500. If you work out the math, that's approximately a cost of $190.34 per sqft. Before that, the property was also sold for $10,000 in Apr 1, 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 $1,132 in taxes each year. 508 Logan Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $123,700. If we break it down further, the land itself was valued at $20,300. Improvements to the property, however, were assessed at a total of $103,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 4
  • Bedroom Count: 1
  • 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: Partial basement
  • Basement Area: 288
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 528
  • Building Area: 528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 528
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 4-81-52 N PT N 1/2 NE 74X132' 18-32-6 .20A

Ownership

  • Current Owner : TAYLOR KYLE R
  • Previous Owner : MANNS BERNARD L
  • Previous Owner 2: MANNS SUSAN R
  • Owner Before Previous Owner: DENZ AMANDA N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warsaw Community Schools
  • Census Tract: 961800

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MP 004-081-052
  • Account Number: 004-716012-90
  • District: 0017
  • Section: 18
  • Parcel: 43-11-18-100-561.000-032
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 41.2335
  • Longitude: -85.8661

    Address

  • Full Address: 508 Logan St
  • Address - House Number: 508
  • Address - Street Name: Logan
  • Address - Suffix Type: St
  • State: IN
  • City Name: Warsaw
  • Carrier Code: C021
  • 4-Digit Zip Code: 4214
  • Zip Code: 46580

Valuation

    Tax

  • Total Area: 684
  • Tax Year: 2023
  • Tax Amount: $1,132
  • Tax Rate Code Area: 32:WARSAW-

    Appraisal Valuation

  • Standard Deviation: 0.2446
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 174,964
  • High Value: 217,766
  • Low Value: 132,162

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $99,170
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: May 10, 2021
  • First Open Lien Mortgage Loan Amount: $99,170
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $123,700
  • Market Land Value: $20,300
  • Market Improvement Value: $103,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,700
  • Assessed Land Value: $20,300
  • Assessed Improvements Value: $103,400

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 10, 2021
  • Current Sale Transaction ID: 11837015224
  • Current Sale Price: $100,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021050353
  • Previous Sale Recording Date: Apr 09, 2020
  • Previous Sale Contract Date: Apr 01, 2020
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: May 10, 2021
  • First Mortgage Loan Amount: $99,170
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

About Warsaw



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Frequently Asked Questions

What neighborhood is 508 Logan Street located in?
The 508 Logan Street is a located in the neighborhood of Wayne in Warsaw, Warsaw.
What is the average sales price for listings in 508 Logan Street?
The average sales price for units in 508 Logan Street is $0 currently.

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