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5843 South Ernest Street

5843 South Ernest Street, Terre Haute, IN 47802
Property in Lakewood
Sold Jun 15, 2016
$60,000
$48,000 by Fifth Third Mortgage Co
Mortgage Due Jul 01, 2036
Sold Jan 03, 2007
$182,300
$145,800 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2037
Local assessors in Terre Haute, IN have categorized 5843 South Ernest Street 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 14,680 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 1,060 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 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 5843 South Ernest Street has a total of 1,956 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 462 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 wood 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 heating system we are unsure of 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. The property was last sold in Jun 15, 2016 for $60,000. That's $30.67 per sqft. Prior to that sales transaction, the property was also sold in Jun 6, 2006 for $182,300. 5843 South Ernest Street was last assessed in 2023. The total value of the property was assessed at $202,000. Specifically, the land the property is located on was valued at $40,300. While improvements on the property were assessed at a total of $161,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,934. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,680
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Other
  • Heated Square Feet: 1,956
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RILEY TOWER SUB
  • Land Acres: 0.337
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKEWOOD 12TH PLAT 2007000085 2007000084 D-442/2107 16-11-8 LOT 231 .337 AC

Ownership

  • Current Owner : COLLINS RAYMOND A
  • Current Owner 2: COLLINS ELAINE M
  • Previous Owner : HAM SUSAN
  • Owner Before Previous Owner: CARTUS RELOACTION CORP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Vigo County School Corporation
  • Census Tract: 010702

Geography

  • Account Number: 841016403003000018
  • District: 0011
  • Section: 16
  • Parcel: 84-10-16-403-003.000-018
  • Block: 403
  • Lot: 231
  • Municipality: RILEY TOWNSHIP
  • Latitude: 39.3949
  • Longitude: -87.3036

    Address

  • Full Address: 5843 S Ernest St
  • Address - House Number: 5843
  • Street Direction: S
  • Address - Street Name: Ernest
  • Address - Suffix Type: St
  • State: IN
  • City Name: Terre Haute
  • Carrier Code: R027
  • 4-Digit Zip Code: 9563
  • Zip Code: 47802

Valuation

    Tax

  • Total Area: 1,956
  • Tax Year: 2022
  • Tax Amount: $1,934
  • Tax Rate Code Area: 18:RILEY T

    Appraisal Valuation

  • Standard Deviation: 0.4606
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 7
  • Final Value: 176,003
  • High Value: 257,077
  • Low Value: 94,928

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $96,000
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jun 15, 2016
  • First Open Lien Mortgage Loan Amount: $48,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036
  • Second Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Second Open Lien Mortgage Recording Date: Nov 30, 2016
  • Second Open Lien Mortgage Loan Amount: $48,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2036

    Market Valuation

  • Market Total Value: $202,000
  • Market Land Value: $40,300
  • Market Improvement Value: $161,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,000
  • Assessed Land Value: $40,300
  • Assessed Improvements Value: $161,700

    Sales

  • Current Sale Contract Date: Jun 15, 2016
  • Current Sale Recording Date: Jun 15, 2016
  • Current Sale Transaction ID: 1641791641
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016006030
  • Previous Sale Recording Date: Jan 03, 2007
  • Previous Sale Contract Date: Jun 06, 2006
  • Previous Sale Amount: $182,300
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Jun 15, 2016
  • First Mortgage Loan Amount: $48,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 03, 2007
  • Previous Mortgage Loan Amount: $145,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2037

About Lakewood



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Frequently Asked Questions

What neighborhood is 5843 South Ernest Street located in?
The 5843 South Ernest Street is a located in the neighborhood of Lakewood in Lakewood, Terre Haute.
What is the average sales price for listings in 5843 South Ernest Street?
The average sales price for units in 5843 South Ernest Street is $0 currently.

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