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8672 Florida Street

8672 Florida Street, Merrillville, IN 46410
Property in Ross
Sold Nov 09, 2018
$125,000
Buyer
Seller
$131,273 by Us Bank National Association
Mortgage Due Jul 19, 2052
Sold Oct 03, 2014
Transfer
8672 Florida Street has been categorized by the local assessors in Merrillville, IN as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8672 Florida Street has 1,680 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 7,144 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 8672 Florida Street was last sold in Nov 6, 2018 for $125,000. According to our calculations, that's $41.61 per sqft. Current property owners are expected to pay $2,310 in taxes per year. The property on 8672 Florida Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $264,000. To break that down further, the land itself was valued at $47,500. While improvements to the property were assessed at a total of $216,500. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 840
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,144
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,004
  • Gross Building Area: 3,004
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,680
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE PRESERVE PHASE 3A
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: THE PRESERVE PHASE 3A LOT 35

Ownership

  • Current Owner : LI SHANSHAN
  • Previous Owner : LI LIPING
  • Owner Before Previous Owner: SHEPPARD MATTHEW L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Merrillville Community School
  • Census Tract: 042302

Zoning

  • Zoning: R33

Geography

  • Assessors Map Reference: MP 0001
  • District: 0008
  • Section: 26
  • Parcel: 45-12-26-126-013.000-030
  • Lot: 35
  • Municipality: ROSS TOWNSHIP
  • Latitude: 41.4611
  • Longitude: -87.3102

    Address

  • Full Address: 8672 Florida St
  • Address - House Number: 8672
  • Address - Street Name: Florida
  • Address - Suffix Type: St
  • State: IN
  • City Name: Merrillville
  • Carrier Code: C002
  • 4-Digit Zip Code: 7341
  • Zip Code: 46410

Valuation

    Tax

  • Total Area: 2,520
  • Tax Year: 2022
  • Tax Amount: $2,310
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2448
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 65
  • Final Value: 313,549
  • High Value: 390,313
  • Low Value: 236,784

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $131,273
  • First Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Aug 11, 2022
  • First Open Lien Mortgage Loan Amount: $131,273
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jul 19, 2052

    Market Valuation

  • Market Total Value: $264,000
  • Market Land Value: $47,500
  • Market Improvement Value: $216,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,000
  • Assessed Land Value: $47,500
  • Assessed Improvements Value: $216,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 06, 2018
  • Current Sale Recording Date: Nov 09, 2018
  • Current Sale Transaction ID: 11531745344
  • Current Sale Price: $125,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2018 077792
  • Previous Sale Recording Date: Oct 03, 2014
  • Previous Sale Contract Date: Sep 30, 2014
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Nov 09, 2018
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

About Merrillville



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Frequently Asked Questions

What neighborhood is 8672 Florida Street located in?
The 8672 Florida Street is a located in the neighborhood of Ross in Merrillville, Merrillville.
What is the average sales price for listings in 8672 Florida Street?
The average sales price for units in 8672 Florida Street is $0 currently.

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