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Properties are often described as: "move in ready" or "Location, location, location. " This luxury cottage offers that and so much more. The front door opens and it will have you saying: WOW. Enjoy city living in this 1950's single level renovated cottage home. From the completely remodeled interior updated to modern standards; as well as its mechanicals of plumbing, electric, HVAC, windows and siding. Location can be a walkable distance to Anderson University, ANMED campus and downtowns social amenities. Arriving at 407 North you will notice the entire property has established landscaping surrounding the ~1/4 acre yard with partial back area fencing. Love to relax in the outdoors? Covered front porch as well as backyard deck provide just the perfect areas. Entering the home you will notice the rooms are all ample sized for furniture placement starting with the living room; complete with focal point fireplace. No carpet; flooring is beautiful wide plank laminate and tile. Kitchen features popular white cabinetry, an abundance of granite counter space (check out its beautiful colors!), all stainless appliances remain and "eat in area" center island can easily accommodate 4 stools. Laundry closet centrally located here w/ stacking washer and dryer to remain. Central hallway is large enough to decorate with a few furnishings and here you will find access to the 2 bedrooms and the centrally located full bathroom. Schedule your showing appointment to see just how lovely this property is.
| Type | Dimensions | Level |
|---|---|---|
| Bathroom | 9x7 | Main |
| Bedroom2 | 11x10 | Main |
| Kitchen | 14x12 | Main |
| Laundry | 4x3 | Main |
| LivingRoom | 16x12 | Main |
| PrimaryBedroom | 13x10 | Main |
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$249,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $199,200 | $199,200 | $199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.638% | 5.972% |
| Monthly Tax Payment | $119 | $119 | $119 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,193 | $1,259 | $1,654 |
| Total Monthly Payment | $1,387 | $1,453 | $1,848 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.