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6581 North 1225 West

6581 North 1225 West, Monticello, IN 47960
Property in Tippecanoe
Sold Jun 18, 2019
$109,500
$108,007 by First Merchants Bank
Mortgage Due Jul 01, 2049
Sold Apr 26, 2012
$75,000
$55,000 by Timothy Delong Etal
Mortgage
Local assessors in Monticello, IN have categorized 6581 North 1225 West as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 1976. The property's lot size has been calculated to be 6,751 square feet. The linear feet between the front and back of the lot was measured at 1,230 ft and the front of the lot was measured at 550 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 6581 North 1225 West has a total of 672 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 none system. 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 - D+. The building has a roof that is made of asphalt. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 6581 North 1225 West was last sold in Jun 7, 2019 for $109,500. According to our calculations, that's $162.95 per sqft. Prior to that sales transaction, the property was sold for $75,000 in Mar 14, 2012. Current property owners are expected to pay $325 in taxes per year. The property on 6581 North 1225 West was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $102,800. To break that down further, the land itself was valued at $27,700. While improvements to the property were assessed at a total of $75,100. 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: 1940
  • Effective Year Built: 1976
  • Total Rooms: 5
  • Bedroom Count: 1
  • 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: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,751
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 550
  • Total Building Area: 672
  • Building Area: 672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 672
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ALBERT M & WARD HOLLOWAY 1ST ADD
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 013-04019-00 ALBERT M & WARD HOLLOWAY 1ST ADD LOT 19

Ownership

  • Current Owner : NEEDHAM JOEL R
  • Previous Owner : MORRIS ALAN
  • Previous Owner 2: MORRIS AMY
  • Owner Before Previous Owner: DELONG TIMOTHY
  • Owner Before Previous Owner 2: DELONG SUSAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Delphi Community School Corporation
  • Census Tract: 959500

Geography

  • Assessors Map Reference: 05-04-410-015
  • Account Number: 0130401900
  • District: 13
  • Parcel: 08-05-04-000-161.000-018
  • Lot: 19
  • Municipality: TIPPECANOE TOWNSHIP
  • Latitude: 40.6401
  • Longitude: -86.7549

    Address

  • Full Address: 6581 N 1225 W
  • Address - House Number: 6581
  • Street Segment Direction: W
  • Street Direction: N
  • Address - Street Name: 1225
  • State: IN
  • City Name: Monticello
  • Carrier Code: R007
  • 4-Digit Zip Code: 6510
  • Zip Code: 47960

Valuation

    Tax

  • Total Area: 672
  • Tax Year: 2023
  • Tax Amount: $325
  • Tax Rate Code Area: 18:TIPPECA

    Appraisal Valuation

  • Standard Deviation: 0.2565
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 184,242
  • High Value: 231,516
  • Low Value: 136,969

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,007
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Jun 18, 2019
  • First Open Lien Mortgage Loan Amount: $108,007
  • 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, 2049

    Market Valuation

  • Market Total Value: $102,800
  • Market Land Value: $27,700
  • Market Improvement Value: $75,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,800
  • Assessed Land Value: $27,700
  • Assessed Improvements Value: $75,100

    Sales

  • Current Sale Contract Date: Jun 07, 2019
  • Current Sale Recording Date: Jun 18, 2019
  • Current Sale Transaction ID: 11617682833
  • Current Sale Price: $109,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019001683
  • Previous Sale Recording Date: Apr 26, 2012
  • Previous Sale Contract Date: Mar 14, 2012
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Land Contract

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK
  • First Mortgage Transaction Date: Jun 18, 2019
  • First Mortgage Loan Amount: $108,007
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: TIMOTHY DELONG ETAL
  • Previous Mortgage Transaction Date: Apr 26, 2012
  • Previous Mortgage Loan Amount: $55,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Carroll



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Frequently Asked Questions

What neighborhood is 6581 North 1225 West located in?
The 6581 North 1225 West is a located in the neighborhood of Tippecanoe in Carroll, Monticello.
What is the average sales price for listings in 6581 North 1225 West?
The average sales price for units in 6581 North 1225 West is $0 currently.

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