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725 Berkeley Drive

725 Berkeley Drive, Shelbyville, IN 46176
Property in Addison
Sold Sep 08, 2015
$63,700
$62,830 by Finance Of America Mortgage Ll
Mortgage Due Aug 01, 2045
Sold Jul 20, 2015
$64,000
Local assessors in Shelbyville, IN have categorized 725 Berkeley Drive as a residential type of property. The home was built in 1961 and is 63 years old. It was most recently renovated and altered in 1982. The property's lot size has been calculated to be 6,480 square feet. The linear feet between the front and back of the lot was measured at 1,080 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 3 have been legally categorized as bedrooms. 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 725 Berkeley Drive has a total of 864 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 a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. The property was last sold in Jul 20, 2015 for $63,700. That's $73.73 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $64,000. 725 Berkeley Drive was last assessed in 2023. The total value of the property was assessed at $112,800. Specifically, the land the property is located on was valued at $15,700. While improvements on the property were assessed at a total of $97,100. 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 $1,055. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1961
  • Effective Year Built: 1982
  • Total Rooms: 4
  • Bedroom Count: 3
  • 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: 6,480
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 600
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 864
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CRESTMOOR 5TH SECTION
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CRESTMOOR 5TH LT191

Ownership

  • Current Owner : POWERS MICHELLE R
  • Current Owner 2: POWERS MAURICE J
  • Previous Owner : STEVENS DWIGHT D
  • Previous Owner 2: STEVENS KIMBERLY S
  • Owner Before Previous Owner: STEVENS DWIGHT D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelbyville Central Schools
  • Census Tract: 710700

Geography

  • Assessors Map Reference: 11-05.29-075.00
  • Account Number: 731105400214000002
  • District: 0001
  • Section: 5
  • Parcel: 73-11-05-400-214.000-002
  • Municipality: ADDISON TOWNSHIP
  • Latitude: 39.515
  • Longitude: -85.7641

    Address

  • Full Address: 725 Berkeley Dr
  • Address - House Number: 725
  • Address - Street Name: Berkeley
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Shelbyville
  • Carrier Code: C012
  • 4-Digit Zip Code: 2248
  • Zip Code: 46176

Valuation

    Tax

  • Total Area: 864
  • Tax Year: 2022
  • Tax Amount: $1,055
  • Tax Rate Code Area: 41:SHELBYV

    Appraisal Valuation

  • Standard Deviation: 0.2562
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 63
  • Final Value: 163,868
  • High Value: 205,852
  • Low Value: 121,885

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $62,830
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Sep 08, 2015
  • First Open Lien Mortgage Loan Amount: $62,830
  • 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: Aug 01, 2045

    Market Valuation

  • Market Total Value: $112,800
  • Market Land Value: $15,700
  • Market Improvement Value: $97,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,800
  • Assessed Land Value: $15,700
  • Assessed Improvements Value: $97,100

    Sales

  • Current Sale Contract Date: Jul 20, 2015
  • Current Sale Recording Date: Sep 08, 2015
  • Current Sale Transaction ID: 1313304739
  • Current Sale Price: $63,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015006203
  • Previous Sale Recording Date: Jul 20, 2015
  • Previous Sale Amount: $64,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Sep 08, 2015
  • First Mortgage Loan Amount: $62,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2045

About Shelbyville



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Frequently Asked Questions

What neighborhood is 725 Berkeley Drive located in?
The 725 Berkeley Drive is a located in the neighborhood of Addison in Shelbyville, Shelbyville.
What is the average sales price for listings in 725 Berkeley Drive?
The average sales price for units in 725 Berkeley Drive is $0 currently.

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