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5101 West Hanks Crossing

5101 West Hanks Crossing, Bloomington, IN 47403
Property in Van Buren
Sold May 12, 2021
$285,900
$228,750 by The Federal Savings Bank
Mortgage Due Jun 01, 2051
Sold Jul 13, 2009
$221,900
$177,555 by Peoples State Bank
Mortgage Due Aug 01, 2024
Local assessors in Bloomington, IN have categorized 5101 West Hanks Crossing as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 12,197 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 5101 West Hanks Crossing has a total of 2,024 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 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 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - C+. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5101 West Hanks Crossing was last sold in May 10, 2021 for $285,900. According to our calculations, that's $141.25 per sqft. Prior to that sales transaction, the property was sold for $221,900 in Jul 9, 2009. Current property owners are expected to pay $2,539 in taxes per year. The property on 5101 West Hanks Crossing was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $329,500. To break that down further, the land itself was valued at $44,900. While improvements to the property were assessed at a total of $284,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,024
  • Building Area: 2,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,024
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KARST FARM SUBDIVISION
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KARST FARM PH1 LOT 27

Ownership

  • Current Owner : DAVIS LARRY
  • Current Owner 2: DAVIS NATALIE
  • Previous Owner : FESLER JONATHON B
  • Owner Before Previous Owner: STAGGS MARY A
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Monroe County Community School Corporation
  • Census Tract: 000501

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 11.05 -0027.000
  • Account Number: 016-08471-27
  • District: 0010
  • Parcel: 53-09-11-102-012.000-015
  • Lot: 27
  • Municipality: VAN BUREN TOWNSHIP
  • Latitude: 39.1459
  • Longitude: -86.6009

    Address

  • Full Address: 5101 W Hanks Xing
  • Address - House Number: 5101
  • Street Direction: W
  • Address - Street Name: Hanks
  • Address - Suffix Type: Xing
  • State: IN
  • City Name: Bloomington
  • Carrier Code: R082
  • 4-Digit Zip Code: 8812
  • Zip Code: 47403

Valuation

    Tax

  • Total Area: 2,024
  • Tax Year: 2022
  • Tax Amount: $2,539
  • Tax Rate Code Area: 15:VAN BUR

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 78
  • Final Value: 360,733
  • High Value: 421,757
  • Low Value: 299,710

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,750
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: May 12, 2021
  • First Open Lien Mortgage Loan Amount: $228,750
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $329,500
  • Market Land Value: $44,900
  • Market Improvement Value: $284,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,500
  • Assessed Land Value: $44,900
  • Assessed Improvements Value: $284,600

    Sales

  • Current Sale Contract Date: May 10, 2021
  • Current Sale Recording Date: May 12, 2021
  • Current Sale Transaction ID: 11836945170
  • Current Sale Price: $285,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021008904
  • Previous Sale Recording Date: Jul 13, 2009
  • Previous Sale Contract Date: Jul 09, 2009
  • Previous Sale Amount: $221,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: May 12, 2021
  • First Mortgage Loan Amount: $228,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES STATE BANK
  • Previous Mortgage Transaction Date: Jul 13, 2009
  • Previous Mortgage Loan Amount: $177,555
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2024

About Monroe



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Frequently Asked Questions

What neighborhood is 5101 West Hanks Crossing located in?
The 5101 West Hanks Crossing is a located in the neighborhood of Van Buren in Monroe, Bloomington.
What is the average sales price for listings in 5101 West Hanks Crossing?
The average sales price for units in 5101 West Hanks Crossing is $0 currently.

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