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729 Chapman Lake Drive

729 Chapman Lake Drive, Warsaw, IN 46582
Property in Plain
Sold Oct 25, 2021
$393,800
$315,000 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2051
729 Chapman Lake Drive in Warsaw, IN was first built in 1952 and is 72 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 729 Chapman Lake Drive has 528 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 528 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 990 ft and the linear feet between the front and back of the lot is 1,003. In total, the area measurement of the land is 9,929 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a detached garage. The garage is 308 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 729 Chapman Lake Drive sold most recently in Oct 19, 2021 for a total of $393,800. If you work out the math, that's approximately a cost of $745.83 per sqft. 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 $3,356 in taxes each year. 729 Chapman Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $282,700. If we break it down further, the land itself was valued at $164,700. Improvements to the property, however, were assessed at a total of $118,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1952
  • Effective Year Built: 1952
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 528
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,929
  • Lot Size Depth Feet: 1,003
  • Lot Size Frontage Feet: 990
  • Total Building Area: 528
  • Building Area: 528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 528
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: WAW-WIL-A-WAY PARK 3RD ADD
  • Land Acres: 0.228
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 29-98-23 LOT 43 & STP TO WATERS EDGE & PT LOT 42 & PT STRP TO WATERS EDGE WAW-WIL-A-WAY PK 3RD ADD

Ownership

  • Current Owner : MYERS JEFFREY A
  • Current Owner 2: HEFFNER MARGUERITE JEANNE
  • Previous Owner : FORMOSA PETER A
  • Previous Owner 2: FORMOSA MARY E

Neighborhood

  • School District Name: Warsaw Community Schools
  • Census Tract: 961700

Zoning

  • Zoning: RESID

Geography

  • Assessors Map Reference: MP 029-098-023
  • Account Number: 029-718016-56
  • District: 0009
  • Section: Jan 01, 1970
  • Parcel: 43-07-25-400-046.000-016
  • Lot: 43,42
  • Meridian: SEC 25 TWN 33 RNG 6
  • Municipality: PLAIN TOWNSHIP
  • Latitude: 41.2915
  • Longitude: -85.78

    Address

  • Full Address: 729 Chapman Lake Dr
  • Address - House Number: 729
  • Address - Street Name: Chapman Lake
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Warsaw
  • Carrier Code: R006
  • 4-Digit Zip Code: 7831
  • Zip Code: 46582

Valuation

    Tax

  • Total Area: 1,056
  • Tax Year: 2023
  • Tax Amount: $3,356
  • Tax Rate Code Area: 16:PLAIN T

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 380,753
  • High Value: 463,829
  • Low Value: 297,676

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 25, 2021
  • First Open Lien Mortgage Loan Amount: $315,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $282,700
  • Market Land Value: $164,700
  • Market Improvement Value: $118,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,700
  • Assessed Land Value: $164,700
  • Assessed Improvements Value: $118,000

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Transaction ID: 11864270114
  • Current Sale Price: $393,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021101305

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 25, 2021
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Kosciusko



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Frequently Asked Questions

What neighborhood is 729 Chapman Lake Drive located in?
The 729 Chapman Lake Drive is a located in the neighborhood of Plain in Kosciusko, Warsaw.
What is the average sales price for listings in 729 Chapman Lake Drive?
The average sales price for units in 729 Chapman Lake Drive is $0 currently.

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