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5986 South 700 East

5986 South 700 East, Peru, IN 46970
Property in Butler
Sold Feb 05, 2008
$69,500
$55,600 by First Farmers Bank & Trust Gre
Mortgage Due Feb 01, 2038
Sold Mar 10, 2006
Transfer
5986 South 700 East has been categorized by the local assessors in Peru, IN as a residential type of property. The building on the property was first built in 1965 and is 59 years old. However, we must point out that the home was most recently renovated and altered in 1984. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5986 South 700 East has 1,300 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 130,680 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 960 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. 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, 5986 South 700 East was last sold in Jan 24, 2008 for $69,500. According to our calculations, that's $53.46 per sqft. Current property owners are expected to pay $926 in taxes per year. The property on 5986 South 700 East was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $142,900. To break that down further, the land itself was valued at $26,700. While improvements to the property were assessed at a total of $116,200. 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. 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.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: 1965
  • Effective Year Built: 1984
  • 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: Mixed use
  • Garage Square Area: 960
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 130,680
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 003-20817-00 SE COR SE1/4 22-26-05 3.00 ACRES 05 208 01700

Ownership

  • Current Owner : GRABER EVAN D
  • Previous Owner : RESSETT ASHLEY A
  • Previous Owner 2: STODGELL CHAD L
  • Owner Before Previous Owner: HUGHES JOHN K
  • Owner Before Previous Owner 2: HUGHES BARBARA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Maconaquah School Corporation
  • Census Tract: 952600

Geography

  • Assessors Map Reference: 12-22-003-001
  • Account Number: 003-20817-00
  • District: 0002
  • Section: 22
  • Parcel: 52-12-22-400-008.000-003
  • Municipality: BUTLER TOWNSHIP
  • Latitude: 40.6794
  • Longitude: -85.9405

    Address

  • Full Address: 5986 S 700 E
  • Address - House Number: 5986
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: 700
  • State: IN
  • City Name: Peru
  • Carrier Code: R001
  • 4-Digit Zip Code: 8935
  • Zip Code: 46970

Valuation

    Tax

  • Total Area: 1,300
  • Tax Year: 2023
  • Tax Amount: $926
  • Tax Rate Code Area: 3:BUTLER T

    Appraisal Valuation

  • Standard Deviation: 0.2736
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 60
  • Final Value: 191,497
  • High Value: 243,893
  • Low Value: 139,101

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,600
  • First Open Lien Mortgage Lender: FIRST FARMERS BANK & TRUST GRE
  • First Open Lien Mortgage Recording Date: Feb 05, 2008
  • First Open Lien Mortgage Loan Amount: $55,600
  • 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: Feb 01, 2038

    Market Valuation

  • Market Total Value: $142,900
  • Market Land Value: $26,700
  • Market Improvement Value: $116,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,900
  • Assessed Land Value: $26,700
  • Assessed Improvements Value: $116,200

    Sales

  • Current Sale Contract Date: Jan 24, 2008
  • Current Sale Recording Date: Feb 05, 2008
  • Current Sale Transaction ID: 1078173359
  • Current Sale Price: $69,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20080520582
  • Previous Sale Recording Date: Mar 10, 2006
  • Previous Sale Contract Date: Mar 10, 2006
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FARMERS BANK & TRUST GRE
  • First Mortgage Transaction Date: Feb 05, 2008
  • First Mortgage Loan Amount: $55,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2038

About Miami



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Frequently Asked Questions

What neighborhood is 5986 South 700 East located in?
The 5986 South 700 East is a located in the neighborhood of Butler in Miami, Peru.
What is the average sales price for listings in 5986 South 700 East?
The average sales price for units in 5986 South 700 East is $0 currently.

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