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8855 North Rainview Way

8855 North Rainview Way, Mc Cordsville, IN 46055
Property in Vernon
Sold Jun 21, 2021
$228,000
$182,400 by Regions Bank
Mortgage Due Jun 01, 2051
Sold Jan 14, 2016
$213,600
$170,860 by Pulte Mortgage Llc
Mortgage Due Feb 01, 2046
8855 North Rainview Way has been categorized by the local assessors in Mc Cordsville, IN as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8855 North Rainview Way has 1,696 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 1,400 ft and across the front of the lot is 930 ft. The area measurement of the land has been determined as 13,024 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 400 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 masonry 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. Finally, the property is currently sourcing its water from none system. 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, 8855 North Rainview Way sold most recently in May 6, 2021 for a total of $228,000. If you work out the math, that's approximately a cost of $134.43 per sqft. Before that, the property was also sold for $213,600 in Jan 11, 2016. 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 $2,556 in taxes each year. 8855 North Rainview Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $263,300. If we break it down further, the land itself was valued at $48,000. Improvements to the property, however, were assessed at a total of $215,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 2016
  • Effective Year Built: 2016
  • 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: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,024
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 930
  • Total Building Area: 1,696
  • Building Area: 1,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,696
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: EMERALD SPRINGS
  • Land Acres: 0.299
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EMERALD SPRINGS S4B L128

Ownership

  • Current Owner : KNIPE DAWN L
  • Current Owner 2: BOOK ROBERT ALLEN
  • Previous Owner : KNIPE DAWN L
  • Owner Before Previous Owner: PULTE HOMES OF INDIANA LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Mount Vernon Community School Corporation
  • Census Tract: 410201

Geography

  • Account Number: 300124207128000018
  • District: 0009
  • Section: 24175E
  • Parcel: 30-01-24-207-128.000-018
  • Municipality: VERNON TOWNSHIP
  • Latitude: 39.9114
  • Longitude: -85.918

    Address

  • Full Address: 8855 N Rainview Way
  • Address - House Number: 8855
  • Street Direction: N
  • Address - Street Name: Rainview
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Mccordsville
  • Carrier Code: R009
  • 4-Digit Zip Code: 6277
  • Zip Code: 46055

Valuation

    Tax

  • Total Area: 1,696
  • Tax Year: 2022
  • Tax Amount: $2,556
  • Tax Rate Code Area: 18:MC CORD

    Appraisal Valuation

  • Standard Deviation: 0.1829
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 76
  • Final Value: 332,374
  • High Value: 393,196
  • Low Value: 271,552

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $182,400
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $182,400
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $263,300
  • Market Land Value: $48,000
  • Market Improvement Value: $215,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,300
  • Assessed Land Value: $48,000
  • Assessed Improvements Value: $215,300

    Sales

  • Current Sale Contract Date: May 06, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11841539917
  • Current Sale Price: $228,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 202110156
  • Previous Sale Recording Date: Jan 14, 2016
  • Previous Sale Contract Date: Jan 11, 2016
  • Previous Sale Amount: $213,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $182,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PULTE MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jan 14, 2016
  • Previous Mortgage Loan Amount: $170,860
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2046

About McCordsville



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Frequently Asked Questions

What neighborhood is 8855 North Rainview Way located in?
The 8855 North Rainview Way is a located in the neighborhood of Vernon in McCordsville, Mc Cordsville.
What is the average sales price for listings in 8855 North Rainview Way?
The average sales price for units in 8855 North Rainview Way is $0 currently.

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