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550 Central Avenue

550 Central Avenue, Middletown, IN 47356
House in Fall Creek
Sold Jul 03, 2018
$74,000
$67,765 by Southwest Funding Lp
Mortgage Due Jul 01, 2048
Sold Jun 29, 2018
$74,000
550 Central Avenue in Middletown, IN was first built in 1947 and is 77 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 550 Central Avenue has 2,124 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 468 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 850 ft and the linear feet between the front and back of the lot is 1,490. In total, the area measurement of the land is 12,676 square feet.

Learn more about the property and building on this page. The roof of the home is made of materials that we aren't sure of. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 252 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The condition of the building has been evaluated as average. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 550 Central Avenue was last sold in Jun 29, 2018 for $74,000. According to our calculations, that's $34.84 per sqft. Prior to that sales transaction, the property was sold for $74,000 in Jan 1, 1970. Current property owners are expected to pay $1,018 in taxes per year. The property on 550 Central Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $109,600. To break that down further, the land itself was valued at $20,500. While improvements to the property were assessed at a total of $89,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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: Other
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 468
  • Garage Type: Detached
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,676
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,124
  • Building Area: 2,124
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,124
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WILLIS WISCHARTS SECOND ADDITION
  • Land Acres: 0.291
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WISEHART'S 2ND ADD LOT 2 BLK 1

Ownership

  • Current Owner : MILLS TRACI
  • Previous Owner : SMITH MICHAEL GENE
  • Owner Before Previous Owner: GENE SMITH MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shenandoah School Corporation
  • Census Tract: 975800

Geography

  • Account Number: 0221340200
  • District: 0003
  • Section: 32
  • Parcel: 33-02-32-110-264.000-006
  • Block: 1
  • Lot: 2
  • Municipality: FALL CREEK TOWNSHIP
  • Latitude: 40.0584
  • Longitude: -85.5344

    Address

  • Full Address: 550 Central Ave
  • Address - House Number: 550
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Middletown
  • Carrier Code: C001
  • 4-Digit Zip Code: 1031
  • Zip Code: 47356

Valuation

    Tax

  • Total Area: 2,358
  • Tax Year: 2022
  • Tax Amount: $1,018
  • Tax Rate Code Area: 22:MIDDLET

    Appraisal Valuation

  • Standard Deviation: 0.3399
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 32
  • Final Value: 77,021
  • High Value: 103,205
  • Low Value: 50,836

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $67,765
  • First Open Lien Mortgage Lender: SOUTHWEST FUNDING LP
  • First Open Lien Mortgage Recording Date: Jul 03, 2018
  • First Open Lien Mortgage Loan Amount: $67,765
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $109,600
  • Market Land Value: $20,500
  • Market Improvement Value: $89,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,600
  • Assessed Land Value: $20,500
  • Assessed Improvements Value: $89,100

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jul 03, 2018
  • Current Sale Transaction ID: 11610521658
  • Current Sale Price: $74,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201804091
  • Previous Sale Recording Date: Jun 29, 2018
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHWEST FUNDING LP
  • First Mortgage Transaction Date: Jul 03, 2018
  • First Mortgage Loan Amount: $67,765
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

About Middletown



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 550 Central Avenue located in?
The 550 Central Avenue is a house located in the neighborhood of Fall Creek in Middletown, Middletown.
What is the average sales price for listings in 550 Central Avenue?
The average sales price for units in 550 Central Avenue is $79,000 , or $27/sqft. currently.

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