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7424 Winchester Lane

7424 Winchester Lane, Schererville, IN 46375
Property in St. John
Sold Oct 12, 2016
$127,500
$102,000 by Horizon Bank Na
Mortgage Due Nov 01, 2046
Sold Oct 30, 2007
$320,000
$256,000 by First Horizon Home Loans
Mortgage Due Nov 01, 2037
7424 Winchester Lane in Schererville, IN was first built in 2005 and is 19 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 7424 Winchester Lane has 2,914 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 linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 11,587 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 attached garage. The garage is 796 sqft. There are a total of 4 available parking spaces. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 7424 Winchester Lane sold most recently in Oct 6, 2016 for a total of $127,500. If you work out the math, that's approximately a cost of $25.26 per sqft. Before that, the property was also sold for $320,000 in Oct 24, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,874 in taxes each year. 7424 Winchester Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $469,700. If we break it down further, the land itself was valued at $64,500. Improvements to the property, however, were assessed at a total of $405,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,338
  • Garage Type: Attached
  • Garage Square Area: 796
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 11,587
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 800
  • Total Building Area: 5,048
  • Gross Building Area: 5,048
  • Building Area: 2,914
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,914
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: CAMDEN WOODS
  • Land Acres: 0.266
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: CAMDEN WOODS LOT 6

Ownership

  • Current Owner : NGUYEN HUNG
  • Current Owner 2: NGUYEN PHUONG
  • Previous Owner : DUONG TRONG
  • Owner Before Previous Owner: CAMDEN WOODS DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Central School Corporation
  • Census Tract: 042602

Zoning

  • Zoning: R33

Geography

  • Assessors Map Reference: MP 0001
  • District: 0009
  • Section: 14
  • Parcel: 45-11-14-330-013.000-036
  • Lot: 6
  • Municipality: ST. JOHN TOWNSHIP
  • Latitude: 41.4836
  • Longitude: -87.4232

    Address

  • Full Address: 7424 Winchester Ln
  • Address - House Number: 7424
  • Address - Street Name: Winchester
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Schererville
  • Carrier Code: R002
  • 4-Digit Zip Code: 1774
  • Zip Code: 46375

Valuation

    Tax

  • Total Area: 4,610
  • Tax Year: 2022
  • Tax Amount: $4,874
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 490,788
  • High Value: 609,257
  • Low Value: 372,319

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $102,000
  • First Open Lien Mortgage Lender: HORIZON BANK NA
  • First Open Lien Mortgage Recording Date: Oct 12, 2016
  • First Open Lien Mortgage Loan Amount: $102,000
  • 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, 2046

    Market Valuation

  • Market Total Value: $469,700
  • Market Land Value: $64,500
  • Market Improvement Value: $405,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,700
  • Assessed Land Value: $64,500
  • Assessed Improvements Value: $405,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2016
  • Current Sale Recording Date: Oct 12, 2016
  • Current Sale Transaction ID: 1823046442
  • Current Sale Price: $127,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016 068938
  • Previous Sale Recording Date: Oct 30, 2007
  • Previous Sale Contract Date: Oct 24, 2007
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HORIZON BANK NA
  • First Mortgage Transaction Date: Oct 12, 2016
  • First Mortgage Loan Amount: $102,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON HOME LOANS
  • Previous Mortgage Transaction Date: Oct 30, 2007
  • Previous Mortgage Loan Amount: $256,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2037

About Schererville



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Frequently Asked Questions

What neighborhood is 7424 Winchester Lane located in?
The 7424 Winchester Lane is a located in the neighborhood of St. John in Schererville, Schererville.
What is the average sales price for listings in 7424 Winchester Lane?
The average sales price for units in 7424 Winchester Lane is $0 currently.

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