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7420 Lyman Court

7420 Lyman Court, Evansville, IN 47715
Property in Knight
Sold Mar 22, 2021
$250,000
$200,000 by The German American Bank
Mortgage
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Local assessors in Evansville, IN have categorized 7420 Lyman Court as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 12,632 square feet. The linear feet between the front and back of the lot was measured at 1,510 ft and the front of the lot was measured at 840 ft. 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, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7420 Lyman Court has a total of 1,698 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. The home sources its water from none system. 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 575 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 average. 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 masonry 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. The property was last sold in Mar 19, 2021 for $250,000. That's $147.23 per sqft. 7420 Lyman Court was last assessed in 2023. The total value of the property was assessed at $304,100. Specifically, the land the property is located on was valued at $40,300. While improvements on the property were assessed at a total of $263,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,975. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Total Rooms: 6
  • 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: 575
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,698
  • Building Area: 1,698
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,698
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: TERRA VISTA SECTION 5
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TERRA VISTA SEC 5 LOT 91

Ownership

  • Current Owner : CHAPMAN DEVELOPMENT LLC
  • Previous Owner : TVP DEVELOPMENT LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Evansville-Vanderburgh School Corporation
  • Census Tract: 010102

Geography

  • Account Number: 096-36-16-1600-16
  • District: 0005
  • Section: V33
  • Parcel: 82-07-18-016-160.016-027
  • Lot: 91
  • Municipality: KNIGHT TOWNSHIP
  • Latitude: 38.0053
  • Longitude: -87.4619

    Address

  • Full Address: 7420 Lyman Ct
  • Address - House Number: 7420
  • Address - Street Name: Lyman
  • Address - Suffix Type: Ct
  • State: IN
  • City Name: Evansville
  • Carrier Code: C016
  • 4-Digit Zip Code: 2024
  • Zip Code: 47715

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,975
  • Tax Rate Code Area: 9:EVANSVIL

    Appraisal Valuation

  • Standard Deviation: 0.4576
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 8
  • Final Value: 244,846
  • High Value: 356,892
  • Low Value: 132,799

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: THE GERMAN AMERICAN BANK
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $304,100
  • Market Land Value: $40,300
  • Market Improvement Value: $263,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,100
  • Assessed Land Value: $40,300
  • Assessed Improvements Value: $263,800

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Transaction ID: 11827298884
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R00007990

    Last Sale Mortgage

  • First Mortgage Lender: THE GERMAN AMERICAN BANK
  • First Mortgage Transaction Date: Mar 22, 2021
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Evansville



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Frequently Asked Questions

What neighborhood is 7420 Lyman Court located in?
The 7420 Lyman Court is a located in the neighborhood of Knight in Evansville, Evansville.
What is the average sales price for listings in 7420 Lyman Court?
The average sales price for units in 7420 Lyman Court is $0 currently.

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