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7505 Nicholas Street

7505 Nicholas Street, Schererville, IN 46375
Property in St. John
Sold Dec 21, 2020
$303,500
$299,475 by Crosscountry Mortgage Llc
Mortgage Due Jan 01, 2051
7505 Nicholas Street in Schererville, IN was first built in 1999 and is 25 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7505 Nicholas Street has 2,154 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 990 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 12,850 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 571 sqft. There are a total of 3 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 C. 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 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, 7505 Nicholas Street sold most recently in Dec 14, 2020 for a total of $303,500. If you work out the math, that's approximately a cost of $111.38 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 $3,196 in taxes each year. 7505 Nicholas Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $332,200. If we break it down further, the land itself was valued at $68,000. Improvements to the property, however, were assessed at a total of $264,200. 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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 571
  • Parking Space Count: 3
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 12,850
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 990
  • Total Building Area: 2,725
  • Gross Building Area: 2,725
  • Building Area: 2,154
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,154
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOX RUN ESTATES UNIT 2
  • Land Acres: 0.295
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FOX RUN ESTATES UNIT 2 LOT 85

Ownership

  • Current Owner : GRACIANO JUAN LUIS
  • Previous Owner : MILLER PAUL Z
  • 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 G13-682 1
  • District: 0009
  • Parcel: 45-11-13-377-001.000-036
  • Lot: 85
  • Municipality: ST. JOHN TOWNSHIP
  • Latitude: 41.4823
  • Longitude: -87.4066

    Address

  • Full Address: 7505 Nicholas St
  • Address - House Number: 7505
  • Address - Street Name: Nicholas
  • Address - Suffix Type: St
  • State: IN
  • City Name: Schererville
  • Carrier Code: C009
  • 4-Digit Zip Code: 3457
  • Zip Code: 46375

Valuation

    Tax

  • Total Area: 2,154
  • Tax Year: 2022
  • Tax Amount: $3,196
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.2279
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 396,363
  • High Value: 486,704
  • Low Value: 306,022

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $347,353
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 21, 2020
  • First Open Lien Mortgage Loan Amount: $299,475
  • 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: Jan 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jun 21, 2023
  • Second Open Lien Mortgage Loan Amount: $29,863
  • Second Open Lien Mortgage Term: 330
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2051
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Mar 05, 2024
  • Third Open Lien Mortgage Loan Amount: $18,015
  • Third Open Lien Mortgage Term: 321
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $332,200
  • Market Land Value: $68,000
  • Market Improvement Value: $264,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,200
  • Assessed Land Value: $68,000
  • Assessed Improvements Value: $264,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Transaction ID: 11809431821
  • Current Sale Price: $303,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-094945

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 21, 2020
  • First Mortgage Loan Amount: $299,475
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

About Schererville



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Frequently Asked Questions

What neighborhood is 7505 Nicholas Street located in?
The 7505 Nicholas Street is a located in the neighborhood of St. John in Schererville, Schererville.
What is the average sales price for listings in 7505 Nicholas Street?
The average sales price for units in 7505 Nicholas Street is $0 currently.

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