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524 South Elm Street

524 South Elm Street, Henderson, KY 42420
Sold Feb 13, 2020
$127,000
$120,650 by Field & Main Bank
Mortgage Due Mar 01, 2050
Sold Jun 02, 2017
$118,500
$112,575 by Evansville Teachers Fcu
Mortgage Due Jun 01, 2047
524 South Elm Street has been categorized by the local assessors in Henderson, KY as a residential type of property. The building on the property was first built in 1937 and is 87 years old. The home has a total of 6 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. The building has a total of 2 stories. In addition, 524 South Elm Street has 1,060 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 812 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,290 ft and across the front of the lot is 670 ft. The area measurement of the land has been determined as 15,343 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 detached garage for those who require parking. The garage measured 192 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 C by the local assessor. The building has a gable style roof made of composition shingle. 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 forced air unit. 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, 524 South Elm Street sold most recently in Feb 5, 2020 for a total of $127,000. If you work out the math, that's approximately a cost of $119.81 per sqft. Before that, the property was also sold for $118,500 in May 30, 2017. 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 $1,420 in taxes each year. The initial year of tax delinquency occurred in 2021. 524 South Elm Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $127,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

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

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 812
  • Parking Type: Built-in
  • Garage Type: Detached
  • Garage Square Area: 192
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 15,343
  • Lot Size Depth Feet: 2,290
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,060
  • Building Area: 1,060
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.352
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SINGLE FAMILY

Ownership

  • Current Owner : BUCKMAN MARY ANN
  • Previous Owner : MCELFRESH ANDREW T
  • Previous Owner 2: MCELFRESH CHELSIE
  • Owner Before Previous Owner: PECK ALEXANDER C
  • Owner Before Previous Owner 2: PECK CHRISTINA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henderson County School District
  • School Tax School District: CITY OF HENDERS
  • Census Tract: 020401

Zoning

  • Zoning: RESIDENTIA

Geography

  • Assessors Map Reference: MAP:1
  • Account Number: 46612
  • District: 1
  • Parcel: 1-23-2-8
  • Municipality: CITY OF HENDERSON
  • Latitude: 37.8318
  • Longitude: -87.5972

    Address

  • Full Address: 524 S Elm St
  • Address - House Number: 524
  • Street Direction: S
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: KY
  • City Name: Henderson
  • Carrier Code: C007
  • 4-Digit Zip Code: 3553
  • Zip Code: 42420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,420
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: DI01

    Appraisal Valuation

  • Standard Deviation: 0.4217
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 15
  • Final Value: 135,848
  • High Value: 193,137
  • Low Value: 78,558

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,650
  • First Open Lien Mortgage Lender: FIELD & MAIN BANK
  • First Open Lien Mortgage Recording Date: Feb 13, 2020
  • First Open Lien Mortgage Loan Amount: $120,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $127,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,000

    Sales

  • Current Sale Contract Date: Feb 05, 2020
  • Current Sale Recording Date: Feb 13, 2020
  • Current Sale Transaction ID: 11730601897
  • Current Sale Price: $127,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020001505
  • Previous Sale Recording Date: Jun 02, 2017
  • Previous Sale Contract Date: May 30, 2017
  • Previous Sale Amount: $118,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIELD & MAIN BANK
  • First Mortgage Transaction Date: Feb 13, 2020
  • First Mortgage Loan Amount: $120,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: EVANSVILLE TEACHERS FCU
  • Previous Mortgage Transaction Date: Jun 02, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $112,575
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Henderson South Side



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Frequently Asked Questions

What neighborhood is 524 South Elm Street located in?
The 524 South Elm Street is a house located in the neighborhood of Henderson South Side in Henderson South Side, Henderson.
What is the average sales price for listings in 524 South Elm Street?
The average sales price for units in 524 South Elm Street is $0 currently.

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