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617 Indian Lane

617 Indian Lane, Salisbury, MD 21801
Property in Wicomico
Sold Mar 22, 2019
$750,000
$750,000 by Suntrust Bank
Mortgage Due Apr 01, 2049
Sold Jan 16, 1996
$675,000
617 Indian Lane in Salisbury, MD was first built in 1976 and is 48 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 617 Indian Lane has 4,668 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. In total, the area measurement of the land is 87,120 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a vinyl in-ground pool on the property. The roof of the home is made of composition shingle. 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 270 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. 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. The property was last sold in Feb 25, 2019 for $750,000. That's $160.67 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $675,000. 617 Indian Lane was last assessed in 2023. The total value of the property was assessed at $688,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,865. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C-
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 270
  • Parking Space Count: 1
  • Porch Type: Open porch
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 4,668
  • Gross Building Area: 4,668
  • Building Area: 4,668
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 4,668
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TONY TANK PLAT
  • Land Acres: 2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L-26 617 INDIAN LANE TONY TANK PLAT

Ownership

  • Current Owner : BAKER ZACHARY
  • Current Owner 2: BAKER KRYSTAL TILL
  • Previous Owner : CAPUTE CHARLES T
  • Previous Owner 2: LONG JOHN B
  • Owner Before Previous Owner: LOUGHREY THEOPHANE L
  • Owner Before Previous Owner 2: LOUGHREY MARY C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wicomico County Public Schools
  • Census Tract: 010400

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: 47 12 2
  • Account Number: 000116
  • District: 16
  • Parcel: 16-000116
  • Lot: 26
  • Latitude: 38.3396
  • Longitude: -75.6251

    Address

  • Full Address: 617 Indian Ln
  • Address - House Number: 617
  • Address - Street Name: Indian
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Salisbury
  • Carrier Code: C024
  • 4-Digit Zip Code: 7016
  • Zip Code: 21801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,865

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 68
  • Final Value: 933,169
  • High Value: 1,145,427
  • Low Value: 720,911

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: SUNTRUST BANK
  • First Open Lien Mortgage Recording Date: Mar 22, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2049

    Market Valuation

  • Market Total Value: $706,100
  • Market Land Value: $181,000
  • Market Improvement Value: $525,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $688,200

    Sales

  • Current Sale Contract Date: Feb 25, 2019
  • Current Sale Recording Date: Mar 22, 2019
  • Current Sale Transaction ID: 11592082836
  • Current Sale Price: $750,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 16, 1996
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST BANK
  • First Mortgage Transaction Date: Mar 22, 2019
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Wicomico



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 617 Indian Lane located in?
The 617 Indian Lane is a located in the neighborhood of Wicomico in Wicomico, Salisbury.
What is the average sales price for listings in 617 Indian Lane?
The average sales price for units in 617 Indian Lane is $0 currently.

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