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542 Park Lane

542 Park Lane, Nashville, IN 47448
Property in Washington
Sold Aug 13, 2018
$149,000
$126,650 by Quicken Loan Inc
Mortgage Due Jan 01, 2048
542 Park Lane has been categorized by the local assessors in Nashville, IN as a residential type of property. The building on the property was first built in 2015 and is 9 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 542 Park Lane has 1,032 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 39,509 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 mixed used garage for those who require parking. The garage measured 760 sqft. According to our sources, there are a total of 3 available parking spaces. 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 C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. 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, 542 Park Lane sold most recently in Aug 8, 2018 for a total of $149,000. If you work out the math, that's approximately a cost of $144.38 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 $907 in taxes each year. 542 Park Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $226,200. If we break it down further, the land itself was valued at $58,800. Improvements to the property, however, were assessed at a total of $167,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 760
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 39,509
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,032
  • Building Area: 1,032
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,032
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: PARKVIEW SUB
  • Land Acres: 0.907
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PARKVIEW SUBDIV LOT 21

Ownership

  • Current Owner : NEWTON DOUGLAS D
  • Current Owner 2: NEWTON SHERRI M
  • Previous Owner : FAIR HOPE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Brown County County School Corporation
  • Census Tract: 974902

Zoning

  • Zoning: ZO01

Geography

  • Account Number: 001-33020-00
  • District: 0004
  • Parcel: 07-07-29-100-141.000-005
  • Lot: 21
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.1932
  • Longitude: -86.2269

    Address

  • Full Address: 542 Park Ln
  • Address - House Number: 542
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Nashville
  • Carrier Code: R005
  • 4-Digit Zip Code: 8122
  • Zip Code: 47448

Valuation

    Tax

  • Total Area: 1,032
  • Tax Year: 2022
  • Tax Amount: $907
  • Tax Rate Code Area: 1:NASHVILL

    Appraisal Valuation

  • Standard Deviation: 0.2694
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 61
  • Final Value: 302,792
  • High Value: 384,368
  • Low Value: 221,216

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $176,650
  • First Open Lien Mortgage Lender: QUICKEN LOAN INC
  • First Open Lien Mortgage Recording Date: Aug 13, 2018
  • First Open Lien Mortgage Loan Amount: $126,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048
  • Second Open Lien Mortgage Lender: FIRST FINANCIAL BANK
  • Second Open Lien Mortgage Recording Date: May 05, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 10, 2047

    Market Valuation

  • Market Total Value: $226,200
  • Market Land Value: $58,800
  • Market Improvement Value: $167,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,200
  • Assessed Land Value: $58,800
  • Assessed Improvements Value: $167,400

    Sales

  • Current Sale Contract Date: Aug 08, 2018
  • Current Sale Recording Date: Aug 13, 2018
  • Current Sale Transaction ID: 11501836506
  • Current Sale Price: $149,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018002165

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOAN INC
  • First Mortgage Transaction Date: Aug 13, 2018
  • First Mortgage Loan Amount: $126,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jan 01, 2048

About Nashville



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Frequently Asked Questions

What neighborhood is 542 Park Lane located in?
The 542 Park Lane is a located in the neighborhood of Washington in Nashville, Nashville.
What is the average sales price for listings in 542 Park Lane?
The average sales price for units in 542 Park Lane is $0 currently.

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