Check Availability

8977 West Old State Road 66

8977 West Old State Road 66, Richland, IN 47634
Commercial in Luce
8977 West Old State Road 66 in Richland, IN was first built in 1894 and is 130 years old. Although, the building on the property was most recently renovated and altered in 1940. This has been categorized as a commercial property type. There are a total of 2 floors. The linear feet across the front of the lot is 620 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 8,990 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. Water for the property is sourced from a water system. 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 D. The condition of the building has been evaluated as average. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $38,000 in Sep 28, 2022. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $558 in taxes each year. The initial year of tax delinquency occurred in 2018. 8977 West Old State Road 66 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,300. If we break it down further, the land itself was valued at $5,500. Improvements to the property, however, were assessed at a total of $33,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Metal Exterior

Parking

Paved Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200501
05/01/2020
Loft
3 Bath
-
$69,900
bedrooms
Loft
bathrooms
3 Bath
-
-
-
Joanie Bruce
BAKER AUCTION & REALTY

Building Info

Overview

    General

  • Year Built: 1894
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,990
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 620
  • Total Building Area: 4,952
  • Gross Building Area: 4,952
  • Building Area: 4,952
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: JOHN ENGLES ADDITION
  • Land Acres: 0.206
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: ENGLES ADD PT LOT 5

Ownership

  • Current Owner : THOMPSON CORY
  • Current Owner 2: THOMPSON KATHERINE LEE
  • Previous Owner : JOHNSON JOHN N
  • Previous Owner 2: JOHNSON THOMAS E
  • Owner Before Previous Owner: BROSHEARS CHRISTOPHER TODD
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: South Spencer County School Corporation
  • Census Tract: 953000

Zoning

  • Zoning: B3

Geography

  • Assessors Map Reference: MP 8-35-010
  • Account Number: 741420202002000016
  • District: 0008
  • Parcel: 74-14-20-202-002.000-016
  • Lot: 5
  • Municipality: LUCE TOWNSHIP
  • Latitude: 37.9024
  • Longitude: -87.2235

    Address

  • Full Address: 8977 W Old State Road 66
  • Address - House Number: 8977
  • Street Direction: W
  • Address - Street Name: Old State Road 66
  • State: IN
  • City Name: Richland
  • Carrier Code: R008
  • 4-Digit Zip Code: 9067
  • Zip Code: 47634

Valuation

    Tax

  • Total Area: 5,343
  • Tax Year: 2022
  • Tax Amount: $558
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 16:LUCE TO

    Market Valuation

  • Market Total Value: $39,300
  • Market Land Value: $5,500
  • Market Improvement Value: $33,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,300
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $33,800

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Dec 05, 2023
  • Current Sale Transaction ID: 11917696719
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3227
  • Previous Sale Recording Date: Oct 11, 2022
  • Previous Sale Contract Date: Sep 28, 2022
  • Previous Sale Amount: $38,000
  • Previous Sale Document Type: Personal Representatives Deed

About Hatfield



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8977 West Old State Road 66 located in?
The 8977 West Old State Road 66 is a commercial located in the neighborhood of Luce in Hatfield, Richland.
What is the average sales price for listings in 8977 West Old State Road 66?
The average sales price for units in 8977 West Old State Road 66 is $0 currently.

Quantcast