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525 Merrill Court

525 Merrill Court, Evansville, IN 47711
Property in Center
Sold Sep 11, 2023
$340,908
$256,322 by Mortgage Masters Of Indiana In
Mortgage Due Oct 01, 2053
Sold Aug 04, 2017
$154,900
$123,920 by First Security Bank Inc
Mortgage Due Sep 01, 2047
Local assessors in Evansville, IN have categorized 525 Merrill Court as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 12,600 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 1,050 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 525 Merrill Court has a total of 1,646 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 624 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 brick 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. 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, 525 Merrill Court sold most recently in Sep 8, 2023 for a total of $340,908. If you work out the math, that's approximately a cost of $207.11 per sqft. Before that, the property was also sold for $154,900 in Aug 3, 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 $2,466 in taxes each year. 525 Merrill Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $223,700. If we break it down further, the land itself was valued at $25,700. Improvements to the property, however, were assessed at a total of $198,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1992
  • Effective Year Built: 1992
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,600
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,646
  • Building Area: 1,646
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,646
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GREENBRIAR HILLS SEC III
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREENBRIAR HILLS SEC III LOT 39

Ownership

  • Current Owner : MANN BARBARA A
  • Previous Owner : BURTON SHIRLEY A
  • Owner Before Previous Owner: KARZAY NAZAR M
  • Owner Before Previous Owner 2: KARZAY MAHJABIN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Evansville-Vanderburgh School Corporation
  • Census Tract: 010206

Geography

  • Assessors Map Reference: MP CO-4
  • Account Number: 021-90-02-5750-39
  • District: 0002
  • Section: N39
  • Parcel: 82-04-32-002-575.039-019
  • Lot: 39
  • Municipality: CENTER TOWNSHIP
  • Latitude: 38.0419
  • Longitude: -87.5564

    Address

  • Full Address: 525 Merrill Ct
  • Address - House Number: 525
  • Address - Street Name: Merrill
  • Address - Suffix Type: Ct
  • State: IN
  • City Name: Evansville
  • Carrier Code: C074
  • 4-Digit Zip Code: 1631
  • Zip Code: 47711

Valuation

    Tax

  • Total Area: 1,646
  • Tax Year: 2022
  • Tax Amount: $2,466
  • Tax Rate Code Area: 2:CENTER T

    Appraisal Valuation

  • Standard Deviation: 0.2509
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 64
  • Final Value: 314,563
  • High Value: 393,504
  • Low Value: 235,621

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,322
  • First Open Lien Mortgage Lender: MORTGAGE MASTERS OF INDIANA IN
  • First Open Lien Mortgage Recording Date: Sep 11, 2023
  • First Open Lien Mortgage Loan Amount: $256,322
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $223,700
  • Market Land Value: $25,700
  • Market Improvement Value: $198,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,700
  • Assessed Land Value: $25,700
  • Assessed Improvements Value: $198,000

    Sales

  • Current Sale Contract Date: Sep 08, 2023
  • Current Sale Recording Date: Sep 11, 2023
  • Current Sale Transaction ID: 11912605327
  • Current Sale Price: $340,908
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17509
  • Previous Sale Recording Date: Aug 04, 2017
  • Previous Sale Contract Date: Aug 03, 2017
  • Previous Sale Amount: $154,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE MASTERS OF INDIANA IN
  • First Mortgage Transaction Date: Sep 11, 2023
  • First Mortgage Loan Amount: $256,322
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SECURITY BANK INC
  • Previous Mortgage Transaction Date: Aug 04, 2017
  • Previous Mortgage Loan Amount: $123,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Evansville North Side



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Unit for rent at 300 E Olmstead Ave, Evansville, IN, 47711

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300 E Olmstead Ave #300 E Olmstead Ave, Evansville, IN, 47711 Listing by Manager

Frequently Asked Questions

What neighborhood is 525 Merrill Court located in?
The 525 Merrill Court is a located in the neighborhood of Center in Evansville North Side, Evansville.
What is the average sales price for listings in 525 Merrill Court?
The average sales price for units in 525 Merrill Court is $0 currently.

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