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50892 Cornwall Road

50892 Cornwall Road, Bristol, IN 46507
Property in Washington
Sold Aug 06, 2002
$154,400
$123,500 by Bank One National Assn
Mortgage Due Aug 01, 2032
50892 Cornwall Road has been categorized by the local assessors in Bristol, IN as a residential type of property. The building on the property was first built in 1942 and is 82 years old. However, we must point out that the home was most recently renovated and altered in 1974. The home has a total of 5 rooms. 2 of these rooms are legally considered as 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, 50892 Cornwall Road has 756 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,380 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 18,600 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 504 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. 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 frame 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 building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 50892 Cornwall Road sold most recently in Jul 31, 2002 for a total of $154,400. If you work out the math, that's approximately a cost of $76.59 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 $1,460 in taxes each year. 50892 Cornwall Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $197,900. If we break it down further, the land itself was valued at $74,400. Improvements to the property, however, were assessed at a total of $123,500. 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: 1942
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 756
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 18,600
  • Lot Size Depth Feet: 3,380
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,016
  • Gross Building Area: 2,016
  • Building Area: 756
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 756
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CORNWALLS 2ND
  • Land Acres: 0.427
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: CORNWALLS 2ND LOT 3

Ownership

  • Current Owner : MCLAUGHLIN DENNIS E
  • Current Owner 2: MCLAUGHLIN GLORIA J
  • Previous Owner : MCKINNEY WALLACE MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elkhart Community Schools
  • Census Tract: 000701

Geography

  • District: 0015
  • Section: 9
  • Parcel: 20-03-09-477-017.000-030
  • Block: 477
  • Lot: 3
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 41.7556
  • Longitude: -85.8345

    Address

  • Full Address: 50892 Cornwall Rd
  • Address - House Number: 50892
  • Address - Street Name: Cornwall
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Bristol
  • Carrier Code: R074
  • 4-Digit Zip Code: 9768
  • Zip Code: 46507

Valuation

    Tax

  • Total Area: 1,512
  • Tax Year: 2022
  • Tax Amount: $1,460
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.186
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 281,485
  • High Value: 333,864
  • Low Value: 229,105

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,500
  • First Open Lien Mortgage Lender: BANK ONE NATIONAL ASSN
  • First Open Lien Mortgage Recording Date: Aug 06, 2002
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $123,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2032

    Market Valuation

  • Market Total Value: $197,900
  • Market Land Value: $74,400
  • Market Improvement Value: $123,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $197,900
  • Assessed Land Value: $74,400
  • Assessed Improvements Value: $123,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2002
  • Current Sale Recording Date: Aug 06, 2002
  • Current Sale Transaction ID: 1179303609
  • Current Sale Price: $154,400
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2002-28275

    Last Sale Mortgage

  • First Mortgage Lender: BANK ONE NATIONAL ASSN
  • First Mortgage Transaction Date: Aug 06, 2002
  • First Mortgage Loan Amount: $123,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2032

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Elkhart



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 50892 Cornwall Road located in?
The 50892 Cornwall Road is a located in the neighborhood of Washington in Elkhart, Bristol.
What is the average sales price for listings in 50892 Cornwall Road?
The average sales price for units in 50892 Cornwall Road is $0 currently.

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