7247 Main Street

7247 Main Street has been categorized by the local assessors in Wadesville, IN as a commercial type of property. The building on the property was first built in 1984 and is 40 years old. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 1,650 ft and across the front of the lot is 1,320 ft. The area measurement of the land has been determined as 23,522 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. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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. In terms of heating, the home is utilizing gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Prior to that sales transaction, the property was also sold in Aug 16, 2005 for $58,000. 7247 Main Street was last assessed in 2023. The total value of the property was assessed at $167,100. Specifically, the land the property is located on was valued at $21,000. While improvements on the property were assessed at a total of $146,100. 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 $3,424. 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.