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8438 South Paddleboat Lane

8438 South Paddleboat Lane, Pendleton, IN 46064
Property in Green
Sold Aug 26, 2022
$371,200
$366,300 by Vanderbilt Mortgage And Financ
Mortgage Due Sep 01, 2052
Sold Apr 16, 2015
$103,100
$101,750 by Stonegate Mortgage Corp
Mortgage
8438 South Paddleboat Lane in Pendleton, IN was first built in 2003 and is 21 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 8438 South Paddleboat Lane has 1,952 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 500 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 6,500 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 380 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. 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, 8438 South Paddleboat Lane sold most recently in Aug 23, 2022 for a total of $371,200. If you work out the math, that's approximately a cost of $190.16 per sqft. Before that, the property was also sold for $103,100 in Mar 3, 2015. 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 $1,630 in taxes each year. 8438 South Paddleboat Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $187,600. If we break it down further, the land itself was valued at $34,900. Improvements to the property, however, were assessed at a total of $152,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,952
  • Building Area: 1,952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: SUMMERLAKE
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUMMERLAKE AT SUMMERBROOK PHASE 1 0.0000ACRES STR: SECTION: 2 PLAT: IN: OUT:

Ownership

  • Current Owner : MCCOLLON TERESA LYNN
  • Current Owner 2: HUSSAIN PARVEEN
  • Previous Owner : ARBOR HOMES
  • Owner Before Previous Owner: MCKINNIES SEAN P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: South Madison Community School Corporation
  • Census Tract: 011800

Geography

  • Assessors Map Reference: MP M6-L
  • Account Number: 06-0213-1-085
  • District: 0006
  • Section: 28
  • Subdivision Phase Number: 1
  • Parcel: 48-15-28-104-065.000-014
  • Municipality: GREEN TOWNSHIP
  • Latitude: 39.9814
  • Longitude: -85.8457

    Address

  • Full Address: 8438 S Paddleboat Ln
  • Address - House Number: 8438
  • Street Direction: S
  • Address - Street Name: Paddleboat
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Pendleton
  • Carrier Code: R007
  • 4-Digit Zip Code: 8656
  • Zip Code: 46064

Valuation

    Tax

  • Total Area: 1,952
  • Tax Year: 2022
  • Tax Amount: $1,630
  • Tax Rate Code Area: 6:GREEN TO

    Appraisal Valuation

  • Standard Deviation: 0.2771
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 60
  • Final Value: 265,426
  • High Value: 339,001
  • Low Value: 191,852

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $366,300
  • First Open Lien Mortgage Lender: VANDERBILT MORTGAGE AND FINANC
  • First Open Lien Mortgage Recording Date: Aug 26, 2022
  • First Open Lien Mortgage Loan Amount: $366,300
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $187,600
  • Market Land Value: $34,900
  • Market Improvement Value: $152,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,600
  • Assessed Land Value: $34,900
  • Assessed Improvements Value: $152,700

    Sales

  • Current Sale Contract Date: Aug 23, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Transaction ID: 11894988333
  • Current Sale Price: $371,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14474
  • Previous Sale Recording Date: Apr 16, 2015
  • Previous Sale Contract Date: Mar 03, 2015
  • Previous Sale Amount: $103,100
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: VANDERBILT MORTGAGE AND FINANC
  • First Mortgage Transaction Date: Aug 26, 2022
  • First Mortgage Loan Amount: $366,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: STONEGATE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 16, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $101,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Madison



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Frequently Asked Questions

What neighborhood is 8438 South Paddleboat Lane located in?
The 8438 South Paddleboat Lane is a located in the neighborhood of Green in Madison, Pendleton.
What is the average sales price for listings in 8438 South Paddleboat Lane?
The average sales price for units in 8438 South Paddleboat Lane is $0 currently.

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