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7358 South Meadows Lane

7358 South Meadows Lane, French Lick, IN 47432
Property in Jackson
Sold Nov 14, 2019
$118,800
$95,000 by First Savings Bank
Mortgage Due Nov 01, 2049
Local assessors in French Lick, IN have categorized 7358 South Meadows Lane as a residential type of property. The home was built in 2022 and is 2 years old. The property's lot size has been calculated to be 43,560 square feet. 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 7358 South Meadows Lane has a total of 324 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 a water system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 1,200 sqft. There are 4 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 wood 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 metal. The home's a heating system we are unsure of is the primary heating source. The property was last sold in Oct 25, 2019 for $118,800. That's $366.67 per sqft. 7358 South Meadows Lane was last assessed in 2023. The total value of the property was assessed at $170,100. Specifically, the land the property is located on was valued at $14,500. While improvements on the property were assessed at a total of $155,600. 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 $647. 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: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 1,200
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 324
  • Building Area: 324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Other
  • Heated Square Feet: 324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT SE NW 11 1S 2W 1 AC

Ownership

  • Current Owner : CHAPMAN GUY A
  • Previous Owner : BERG RICKY
  • Previous Owner 2: BREG BRENDA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Springs Valley Community School Corporation
  • Census Tract: 951600

Geography

  • Account Number: 005015007005
  • District: 0003
  • Section: 11
  • Parcel: 59-13-11-200-050.000-005
  • Municipality: JACKSON TOWNSHIP
  • Latitude: 38.4476
  • Longitude: -86.6001

    Address

  • Full Address: 7358 S Meadows Ln
  • Address - House Number: 7358
  • Street Direction: S
  • Address - Street Name: Meadows
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: French Lick
  • Carrier Code: R002
  • 4-Digit Zip Code: 9238
  • Zip Code: 47432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $647
  • Tax Rate Code Area: 5:JACKSON

    Appraisal Valuation

  • Standard Deviation: 0.2532
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 64
  • Final Value: 255,948
  • High Value: 320,759
  • Low Value: 191,137

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $119,750
  • First Open Lien Mortgage Lender: FIRST SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Nov 14, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $95,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049
  • Second Open Lien Mortgage Lender: FIRST SAVINGS BANK
  • Second Open Lien Mortgage Recording Date: Mar 13, 2024
  • Second Open Lien Mortgage Loan Amount: $24,750
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 11, 2039

    Market Valuation

  • Market Total Value: $170,100
  • Market Land Value: $14,500
  • Market Improvement Value: $155,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,100
  • Assessed Land Value: $14,500
  • Assessed Improvements Value: $155,600

    Sales

  • Current Sale Contract Date: Oct 25, 2019
  • Current Sale Recording Date: Nov 14, 2019
  • Current Sale Transaction ID: 11679711528
  • Current Sale Price: $118,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 192990

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SAVINGS BANK
  • First Mortgage Transaction Date: Nov 14, 2019
  • First Mortgage Loan Amount: $95,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Orange



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Frequently Asked Questions

What neighborhood is 7358 South Meadows Lane located in?
The 7358 South Meadows Lane is a located in the neighborhood of Jackson in Orange, French Lick.
What is the average sales price for listings in 7358 South Meadows Lane?
The average sales price for units in 7358 South Meadows Lane is $0 currently.

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