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520 Willow Drive

520 Willow Drive, Mooresville, IN 46158
Property in Brown
Sold Dec 02, 2021
$319,400
$255,500 by Mjw Financial Llc
Mortgage Due Dec 01, 2051
Sold Jan 28, 2016
$314,700
$251,750 by Gvc Mortgage Inc
Mortgage Due Feb 01, 2046
Local assessors in Mooresville, IN have categorized 520 Willow Drive as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 19,776 square feet. The linear feet between the front and back of the lot was measured at 1,730 ft and the front of the lot was measured at 1,220 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 520 Willow Drive has a total of 2,367 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 600 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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 - B+. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 520 Willow Drive sold most recently in Nov 29, 2021 for a total of $319,400. If you work out the math, that's approximately a cost of $134.94 per sqft. Before that, the property was also sold for $314,700 in Jan 4, 2016. 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 $2,399 in taxes each year. 520 Willow Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $358,500. If we break it down further, the land itself was valued at $47,600. Improvements to the property, however, were assessed at a total of $310,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1989
  • Effective Year Built: 1989
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,776
  • Lot Size Depth Feet: 1,730
  • Lot Size Frontage Feet: 1,220
  • Total Building Area: 2,367
  • Building Area: 2,367
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,367
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODLAND HILLS
  • Land Acres: 0.454
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 REVISED WOODLAND HILLS .485 A

Ownership

  • Current Owner : PHILLIPS LARRY A
  • Current Owner 2: PHILLIPS JAMIE
  • Previous Owner : ROWLAND KYLE JEFFREY
  • Previous Owner 2: ROWLAND MARIA JESSANN
  • Owner Before Previous Owner: CLEMENTS LARRY R
  • Owner Before Previous Owner 2: THOMAS CLEMENTS SANDRA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mooresville Consolidated School Corporation
  • Census Tract: 510300

Geography

  • Assessors Map Reference: MP 02.0.06
  • Account Number: 0210126295006000
  • District: 0004
  • Section: 26.00A
  • Parcel: 55-01-26-295-006.000-005
  • Lot: 8
  • Municipality: BROWN TOWNSHIP
  • Latitude: 39.6246
  • Longitude: -86.3808

    Address

  • Full Address: 520 Willow Dr
  • Address - House Number: 520
  • Address - Street Name: Willow
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Mooresville
  • Carrier Code: C003
  • 4-Digit Zip Code: 1911
  • Zip Code: 46158

Valuation

    Tax

  • Total Area: 2,367
  • Tax Year: 2022
  • Tax Amount: $2,399
  • Tax Rate Code Area: 5:MOORESVI

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 372,287
  • High Value: 436,365
  • Low Value: 308,210

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,500
  • First Open Lien Mortgage Lender: MJW FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Loan Amount: $255,500
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $358,500
  • Market Land Value: $47,600
  • Market Improvement Value: $310,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,500
  • Assessed Land Value: $47,600
  • Assessed Improvements Value: $310,900

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11877147939
  • Current Sale Price: $319,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202117091
  • Previous Sale Recording Date: Jan 28, 2016
  • Previous Sale Contract Date: Jan 04, 2016
  • Previous Sale Amount: $314,700
  • Previous Sale Document Type: Re-recorded Document

    Last Sale Mortgage

  • First Mortgage Lender: MJW FINANCIAL LLC
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $255,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GVC MORTGAGE INC
  • Previous Mortgage Transaction Date: Jan 28, 2016
  • Previous Mortgage Loan Amount: $251,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2046

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Frequently Asked Questions

What neighborhood is 520 Willow Drive located in?
The 520 Willow Drive is a located in the neighborhood of Brown in Mooresville, Mooresville.
What is the average sales price for listings in 520 Willow Drive?
The average sales price for units in 520 Willow Drive is $0 currently.

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