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120 Ln 250a West Otter Lake

120 Ln 250a West Otter Lake, Angola, IN 46703
Property in Jackson
Sold Sep 17, 2014
$35,600
$28,500 by Farmers State Bank
Mortgage Due Sep 09, 2034
Sold Apr 22, 2014
$49,644
Local assessors in Angola, IN have categorized 120 Ln 250a West Otter Lake as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 17,424 square feet. The linear feet between the front and back of the lot was measured at 2,380 ft and the front of the lot was measured at 770 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 4 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 120 Ln 250a West Otter Lake has a total of 1,140 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,140 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 garage underground or in the basement for those who need a place to park their vehicle. The garage on the property is 660 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 fair. 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 asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 120 Ln 250a West Otter Lake was last sold in Sep 5, 2014 for $35,600. According to our calculations, that's $31.23 per sqft. Prior to that sales transaction, the property was sold for $49,644 in Mar 27, 2014. Current property owners are expected to pay $1,348 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 120 Ln 250a West Otter Lake was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $150,800. To break that down further, the land itself was valued at $17,400. While improvements to the property were assessed at a total of $133,400. 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: 1980
  • Effective Year Built: 1980
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Fair
  • Building Quality: C-
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,140
  • Garage Type: Underground/basement
  • Garage Square Area: 660
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 2,380
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: FIRST ADDITION BOYERS SECOND ADDITION
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BOYERS 1ST ADD TO 2ND ADD LOT 31 & INT IN 05-29-240-111.000-05

Ownership

  • Current Owner : SMITH JERRY
  • Current Owner 2: SMITH ARLETTA
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: CARNAHAN JOHN D
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Prairie Heights Community School Corporation
  • Census Tract: 971500

Geography

  • Account Number: 05-29-240-119.000-05
  • District: 0003
  • Section: 29-240
  • Parcel: 76-05-29-240-119.000-005
  • Lot: 31
  • Municipality: JACKSON TOWNSHIP
  • Latitude: 41.6372
  • Longitude: -85.172

    Address

  • Full Address: 120 Lane 250a West Otter Lk
  • Address - House Number: 120
  • Address - Street Name: Lane 250a West Otter
  • Address - Suffix Type: Lk
  • State: IN
  • City Name: Angola
  • Carrier Code: R007
  • 4-Digit Zip Code: 9654
  • Zip Code: 46703

Valuation

    Tax

  • Total Area: 2,280
  • Tax Year: 2022
  • Tax Amount: $1,348
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 5:JACKSON

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 221,204
  • High Value: 275,879
  • Low Value: 166,529

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $28,500
  • First Open Lien Mortgage Lender: FARMERS STATE BANK
  • First Open Lien Mortgage Recording Date: Sep 17, 2014
  • First Open Lien Mortgage Loan Amount: $28,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Sep 09, 2034

    Market Valuation

  • Market Total Value: $150,800
  • Market Land Value: $17,400
  • Market Improvement Value: $133,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,800
  • Assessed Land Value: $17,400
  • Assessed Improvements Value: $133,400

    Sales

  • Current Sale Contract Date: Sep 05, 2014
  • Current Sale Recording Date: Sep 17, 2014
  • Current Sale Transaction ID: 1141732244
  • Current Sale Price: $35,600
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 14090368
  • Previous Sale Recording Date: Apr 22, 2014
  • Previous Sale Contract Date: Mar 27, 2014
  • Previous Sale Amount: $49,644
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS STATE BANK
  • First Mortgage Transaction Date: Sep 17, 2014
  • First Mortgage Loan Amount: $28,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Sep 09, 2034

About Steuben



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 120 Ln 250a West Otter Lake located in?
The 120 Ln 250a West Otter Lake is a located in the neighborhood of Jackson in Steuben, Angola.
What is the average sales price for listings in 120 Ln 250a West Otter Lake?
The average sales price for units in 120 Ln 250a West Otter Lake is $0 currently.

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