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52 East Porter Ridge Road

52 East Porter Ridge Road, Spencer, IN 47460
House in Clay
Sold Jun 04, 2020
$125,000
$121,250 by The Peoples State Bank
Mortgage Due Jun 01, 2050
Sold Oct 17, 2019
Transfer
52 East Porter Ridge Road has been categorized by the local assessors in Spencer, IN as a residential type of property. The building on the property was first built in 1998 and is 26 years old. 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, 52 East Porter Ridge Road has 864 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 130,680 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. According to our sources, there is one available parking space. 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 D by the local assessor. The roof of the building is made of metal. In terms of heating, it is utilizing a central heating system. 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, 52 East Porter Ridge Road sold most recently in May 27, 2020 for a total of $125,000. If you work out the math, that's approximately a cost of $144.68 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 $680 in taxes each year. 52 East Porter Ridge Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $115,000. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $75,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • 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: Metal
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 130,680
  • Lot Size Frontage Feet: 0
  • 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: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT E 1/2 S29 T9 R3 3A

Ownership

  • Current Owner : STEWART RHONDA
  • Previous Owner : WALDEN PAUL A
  • Owner Before Previous Owner: MTGLQ INVESTORS LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Spencer-Owen Community Schools
  • Census Tract: 955900

Geography

  • Assessors Map Reference: MP 29-22
  • Account Number: 601729104130000016
  • District: 0001
  • Section: 29
  • Parcel: 60-17-29-104-130.000-016
  • Meridian: SEC 29 TWN 9 RNG 3
  • Municipality: CLAY TOWNSHIP
  • Latitude: 39.1894
  • Longitude: -86.7668

    Address

  • Full Address: 52 E Porter Ridge Rd
  • Address - House Number: 52
  • Street Direction: E
  • Address - Street Name: Porter Ridge
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Spencer
  • Carrier Code: R001
  • 4-Digit Zip Code: 6027
  • Zip Code: 47460

Valuation

    Tax

  • Total Area: 864
  • Tax Year: 2023
  • Tax Amount: $680
  • Tax Rate Code Area: 16:CLAY TO

    Appraisal Valuation

  • Standard Deviation: 0.2987
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 40
  • Final Value: 211,637
  • High Value: 274,871
  • Low Value: 148,402

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,250
  • First Open Lien Mortgage Lender: THE PEOPLES STATE BANK
  • First Open Lien Mortgage Recording Date: Jun 04, 2020
  • First Open Lien Mortgage Loan Amount: $121,250
  • 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, 2050

    Market Valuation

  • Market Total Value: $115,000
  • Market Land Value: $40,000
  • Market Improvement Value: $75,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,000
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $75,000

    Sales

  • Current Sale Contract Date: May 27, 2020
  • Current Sale Recording Date: Jun 04, 2020
  • Current Sale Transaction ID: 11766828298
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 220536
  • Previous Sale Recording Date: Oct 17, 2019
  • Previous Sale Contract Date: Sep 30, 2019
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE PEOPLES STATE BANK
  • First Mortgage Transaction Date: Jun 04, 2020
  • First Mortgage Loan Amount: $121,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

About Owen



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Frequently Asked Questions

What neighborhood is 52 East Porter Ridge Road located in?
The 52 East Porter Ridge Road is a house located in the neighborhood of Clay in Owen, Spencer.
What is the average sales price for listings in 52 East Porter Ridge Road?
The average sales price for units in 52 East Porter Ridge Road is $59,500 , or $69/sqft. currently.

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