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72877 Walnut Road

72877 Walnut Road, Walkerton, IN 46574
Property in Lincoln
Sold Jun 02, 2017
$213,900
$205,569 by American Financing Corporation
Mortgage Due Feb 01, 2052
Sold Oct 13, 2006
$152,400
$121,950 by Farm Credit Services Of Mid Am
Mortgage Due Nov 01, 2036
Local assessors in Walkerton, IN have categorized 72877 Walnut Road as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 966,161 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 3 partial bathrooms. 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 72877 Walnut Road has a total of 2,072 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 frame 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 72877 Walnut Road sold most recently in May 31, 2017 for a total of $213,900. If you work out the math, that's approximately a cost of $51.62 per sqft. Before that, the property was also sold for $152,400 in Oct 10, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,044 in taxes each year. 72877 Walnut Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $235,000. If we break it down further, the land itself was valued at $139,800. Improvements to the property, however, were assessed at a total of $95,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 2,072
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 966,161
  • Total Building Area: 4,144
  • Gross Building Area: 4,144
  • Building Area: 2,072
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 22.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Watercraft (ships, boats, pwcs, etc.)
  • Legal Description 1: S 1/2 SE 1/4 SW 1/4 727.87 N & S X 1327.58 E & W SEC 36-35-1W

Ownership

  • Current Owner : PALMER ZECHARIAH
  • Current Owner 2: PALMER ASHLEY
  • Previous Owner : SMITH BRENT W
  • Previous Owner 2: SMITH AMANDA D
  • Owner Before Previous Owner: SANDY JESS W
  • Owner Before Previous Owner 2: SANDY CAROL A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: John Glenn School Corporation
  • Census Tract: 012200

Geography

  • Assessors Map Reference: 16-S
  • District: 0007
  • Section: 36
  • Parcel: 71-16-36-300-006.000-014
  • Meridian: SEC 36 TWN 35 RNG 1W
  • Municipality: LINCOLN TOWNSHIP
  • Latitude: 41.4336
  • Longitude: -86.4791

    Address

  • Full Address: 72877 Walnut Rd
  • Address - House Number: 72877
  • Address - Street Name: Walnut
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Walkerton
  • Carrier Code: R001
  • 4-Digit Zip Code: 8813
  • Zip Code: 46574

Valuation

    Tax

  • Total Area: 4,144
  • Tax Year: 2022
  • Tax Amount: $3,044
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 307,027
  • High Value: 366,691
  • Low Value: 247,362

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $255,569
  • First Open Lien Mortgage Lender: AMERICAN FINANCING CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 02, 2022
  • First Open Lien Mortgage Loan Amount: $205,569
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052
  • Second Open Lien Mortgage Lender: TEACHERS CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Apr 13, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2043

    Market Valuation

  • Market Total Value: $235,000
  • Market Land Value: $139,800
  • Market Improvement Value: $95,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,000
  • Assessed Land Value: $139,800
  • Assessed Improvements Value: $95,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2017
  • Current Sale Recording Date: Jun 02, 2017
  • Current Sale Transaction ID: 1589748404
  • Current Sale Price: $213,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1713835
  • Previous Sale Recording Date: Oct 13, 2006
  • Previous Sale Contract Date: Oct 10, 2006
  • Previous Sale Amount: $152,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK
  • First Mortgage Transaction Date: Jun 02, 2017
  • First Mortgage Loan Amount: $218,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FARM CREDIT SERVICES OF MID AM
  • Previous Mortgage Transaction Date: Oct 13, 2006
  • Previous Mortgage Loan Amount: $121,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2036

About St. Joseph



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 72877 Walnut Road located in?
The 72877 Walnut Road is a located in the neighborhood of Lincoln in St. Joseph, Walkerton.
What is the average sales price for listings in 72877 Walnut Road?
The average sales price for units in 72877 Walnut Road is $0 currently.

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