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7838 West Gilbert Lake Road

7838 West Gilbert Lake Road, Kimmell, IN 46760
Property in Washington
Sold May 05, 2021
$1,250,000
$1,000,000 by Star Fin'l Bk
Mortgage Due Mar 15, 2041
7838 West Gilbert Lake Road in Kimmell, IN was first built in 1949 and is 75 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7838 West Gilbert Lake Road has 1,390 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 510 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 3,049,200 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 864 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 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 good. 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. The property was last sold in Mar 23, 2021 for $1,250,000. That's $899.28 per sqft. 7838 West Gilbert Lake Road was last assessed in 2023. The total value of the property was assessed at $311,500. Specifically, the land the property is located on was valued at $137,800. While improvements on the property were assessed at a total of $173,700. 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 $4,307. The initial tax year of delinquency was in 2020. 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: 1949
  • Effective Year Built: 1949
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 510
  • Garage Type: Detached
  • Garage Square Area: 864
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,049,200
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,390
  • Building Area: 1,390
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,390
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 70
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: NW COR NW 1/4 SEC 11 70A

Ownership

  • Current Owner : EDSALL MICHAEL L
  • Previous Owner : MCLALLIN LEWIS J

Neighborhood

  • School District Name: West Noble School Corporation
  • Census Tract: 972300

Geography

  • Account Number: 01810054900
  • District: 0011
  • Section: 11
  • Parcel: 57-18-11-400-005.000-018
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 41.3352
  • Longitude: -85.5724

    Address

  • Full Address: 7838 W Gilbert Lake Rd
  • Address - House Number: 7838
  • Street Direction: W
  • Address - Street Name: Gilbert Lake
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Kimmell
  • Carrier Code: R071
  • 4-Digit Zip Code: 9700
  • Zip Code: 46760

Valuation

    Tax

  • Total Area: 1,900
  • Tax Year: 2022
  • Tax Amount: $4,307
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 18:WASHING

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 335,078
  • High Value: 411,070
  • Low Value: 259,086

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: STAR FIN'L BK
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 15, 2041

    Market Valuation

  • Market Total Value: $311,500
  • Market Land Value: $137,800
  • Market Improvement Value: $173,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,500
  • Assessed Land Value: $137,800
  • Assessed Improvements Value: $173,700

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11859790786
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STAR FIN'L BK
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Mar 15, 2041

About Noble



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Frequently Asked Questions

What neighborhood is 7838 West Gilbert Lake Road located in?
The 7838 West Gilbert Lake Road is a located in the neighborhood of Washington in Noble, Kimmell.
What is the average sales price for listings in 7838 West Gilbert Lake Road?
The average sales price for units in 7838 West Gilbert Lake Road is $0 currently.

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