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8580 East Ridge Road

8580 East Ridge Road, Hobart, IN 46342
Property in Hobart
Sold Mar 18, 2022
$277,500
$222,000 by Centier Bank
Mortgage Due Apr 01, 2052
Sold Mar 17, 2017
$160,300
$128,250 by Quicken Loans Inc
Mortgage Due Apr 01, 2047
Local assessors in Hobart, IN have categorized 8580 East Ridge Road as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 2003. The property's lot size has been calculated to be 65,340 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8580 East Ridge Road has a total of 1,552 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8580 East Ridge Road was last sold in Mar 16, 2022 for $277,500. According to our calculations, that's $136.56 per sqft. Prior to that sales transaction, the property was sold for $160,300 in Mar 10, 2017. Current property owners are expected to pay $2,817 in taxes per year. The property on 8580 East Ridge Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $238,500. To break that down further, the land itself was valued at $59,900. While improvements to the property were assessed at a total of $178,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
Open Parking
Parking Available
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 2,032
  • Gross Building Area: 2,032
  • Building Area: 1,552
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,552
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NOB HILL COUNTRY ESTATES
  • Land Acres: 1.5
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: NOB HILL COUNTRY ESTATES LOT 8

Ownership

  • Current Owner : HORN AARON
  • Current Owner 2: DUCETTE ALYSSIA
  • Previous Owner : SIMS JAMES L
  • Owner Before Previous Owner: BUZANOWSKI JOHN
  • Owner Before Previous Owner 2: BUZANOWSKI BARBARA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: River Forest Community School Corporation
  • Census Tract: 041800

Geography

  • Parcel: 45-09-21-377-005.000-045
  • Lot: 8
  • Municipality: HOBART TOWNSHIP
  • Latitude: 41.5524
  • Longitude: -87.2349

    Address

  • Full Address: 8580 E Ridge Rd
  • Address - House Number: 8580
  • Street Direction: E
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Hobart
  • Carrier Code: R001
  • 4-Digit Zip Code: 2554
  • Zip Code: 46342

Valuation

    Tax

  • Total Area: 1,552
  • Tax Year: 2022
  • Tax Amount: $2,817
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.2189
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 69
  • Final Value: 246,953
  • High Value: 301,024
  • Low Value: 192,883

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,000
  • First Open Lien Mortgage Lender: CENTIER BANK
  • First Open Lien Mortgage Recording Date: Mar 18, 2022
  • First Open Lien Mortgage Loan Amount: $222,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $238,500
  • Market Land Value: $59,900
  • Market Improvement Value: $178,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,500
  • Assessed Land Value: $59,900
  • Assessed Improvements Value: $178,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 16, 2022
  • Current Sale Recording Date: Mar 18, 2022
  • Current Sale Transaction ID: 11882724261
  • Current Sale Price: $277,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 511798
  • Previous Sale Recording Date: Mar 17, 2017
  • Previous Sale Contract Date: Mar 10, 2017
  • Previous Sale Amount: $160,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTIER BANK
  • First Mortgage Transaction Date: Mar 18, 2022
  • First Mortgage Loan Amount: $222,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Mar 17, 2017
  • Previous Mortgage Loan Amount: $128,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About Hobart



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Nearby Rentals

Unit for rent at 1600 E 34th Avenue, Hobart, IN, 46342

$1,150 /mo

  • 2 Beds
  • 1 Bath
  • 693 ft²
1600 E 34th Avenue, Hobart, IN, 46342 Listing by Adrien Chabot

Frequently Asked Questions

What neighborhood is 8580 East Ridge Road located in?
The 8580 East Ridge Road is a located in the neighborhood of Hobart in Hobart, Hobart.
What is the average sales price for listings in 8580 East Ridge Road?
The average sales price for units in 8580 East Ridge Road is $0 currently.

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