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724 Lincolnway

724 Lincolnway, La Porte, IN 46350
Property in Center
1 Units For Sale
Unit for sale at 724 Lincolnway, LaPorte, IN 46350-3353

$450,000

  • Commercial
  • 9,200 ft²
724 Lincolnway, LaPorte, IN 46350-3353 Listing by Angela Carr

Local assessors in La Porte, IN have categorized 724 Lincolnway as a commercial type of property. The home was built in 1876 and is 148 years old. It was most recently renovated and altered in 1988. The property's lot size has been calculated to be 4,600 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 400 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 724 Lincolnway has a total of 13,800 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. 724 Lincolnway is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 brick 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. Lots of concrete block were used in the construction of the exterior walls of the home. The home has been utilizing gas for fuel. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $168,500. 724 Lincolnway was last assessed in 2022. The total value of the property was assessed at $156,900. Specifically, the land the property is located on was valued at $26,600. While improvements on the property were assessed at a total of $130,300. 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 $4,707. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Brick Exterior
Stone Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1876
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Brick
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,600
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 400
  • Total Building Area: 13,800
  • Gross Building Area: 13,800
  • Building Area: 13,800
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 13,800
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: CITY/LAPORTE
  • Land Acres: 0.106
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: 05-06-35-439-001 O S W 1/2 LT 151. TIF ASSMT #66

Ownership

  • Current Owner : MANAGER LINK LLC
  • Previous Owner : 724 LINCOLN WAY LLC
  • Owner Before Previous Owner: INDUSTRIAL LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: La Porte Community School Corporation
  • Census Tract: 042300

Geography

  • Assessors Map Reference: C02-043-06M-015
  • District: 0002
  • Section: 35
  • Parcel: 46-06-35-439-001.000-043
  • Lot: 151
  • Municipality: CENTER TOWNSHIP
  • Latitude: 41.611
  • Longitude: -86.7209

    Address

  • Full Address: 724 Lincolnway
  • Address - House Number: 724
  • Address - Street Name: Lincolnway
  • State: IN
  • City Name: La Porte
  • Carrier Code: C001
  • 4-Digit Zip Code: 3353
  • Zip Code: 46350

Valuation

    Tax

  • Total Area: 13,800
  • Tax Year: 2022
  • Tax Amount: $4,707
  • Tax Rate Code Area: 005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: HORIZON BANK
  • First Open Lien Mortgage Recording Date: Nov 06, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 3
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2024

    Market Valuation

  • Market Total Value: $156,900
  • Market Land Value: $26,600
  • Market Improvement Value: $130,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $156,900
  • Assessed Land Value: $26,600
  • Assessed Improvements Value: $130,300

    Sales

  • Current Sale Contract Date: Aug 25, 2023
  • Current Sale Recording Date: Aug 31, 2023
  • Current Sale Transaction ID: 11912018095
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9229
  • Previous Sale Recording Date: Oct 31, 2016
  • Previous Sale Amount: $168,500
  • Previous Sale Document Type: Deed

About La Porte



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Frequently Asked Questions

What neighborhood is 724 Lincolnway located in?
The 724 Lincolnway is a located in the neighborhood of Center in La Porte, La Porte.
How many listings are currently for sale in 724 Lincolnway?
There is one unit for sale right now.
What is the average sales price for listings in 724 Lincolnway?
The average sales price for units in 724 Lincolnway is $450,000 , or $49/sqft. currently.

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