6070 Studebaker RD TIPPCITY OH 45371

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6070 Studebaker RD

TIPPCITY, OH 45371

Suburb: Tipp City

$470,000

3bd

2 - 1ba

2,478sqft

Under Contract

Welcome to 6070 Studebaker Road! This 5 acre property offers a unique blend of agricultural opportunity and serene country living. Enjoy an open concept layout in this beautifully updated home with freshly painted walls, new flooring throughout and updated fixtures. The galley kitchen has modern stainless steel appliances and quartz countertops, accompanied by a laundry room that leads to the spacious three car garage. The living room area leads out to a beautiful four season room accompanied by windows in every view. Three bedrooms, two and a half baths and nearly 2,500 square feet of updated living space. Outside you will enjoy 5 acres with a well maintained crop field behind the house, this property offers endless opportunities! Don't miss out on your chance to own your slice of peace and quiet in the Tipp City countryside.

Directions

Follow 571 East, turn right onto 2020 South, turn left onto Studebaker Road.

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Property Details

General Information

Property Type	Residential
Style	Single Family
Suburb	Tipp City
Zip Code	45371
School District	Bethel Local SD
MLS#	919909

Additional Information

Levels	1 Story
Construction	Frame, Vinyl
Lot Dimensions	1000 ft x 235 ft
Total Acres	5.331
Occupancy	At Closing
Semi-Annual Taxes	$3,921.66

Property Features

Property SqFt.	2,478
Basement	Slab
Garage	3 Car
Cars	0
Heating	Forced Air, Propane
Cooling	Central
Fireplace	Gas, Two

Additional Features

Appliances	Garbage Disposal, Dryer, Dishwasher, Microwave, Refrigerator, Range, Washer

Room Information

	Dimensions	Level
Dining	12 x 12	1ST

Bedroom Information

	Dimensions	Level
Bedroom 2	12 x 12	1ST
Bedroom 3	12 x 10	1ST
Bedroom 4	10 x 8	1ST

Bathroom Information

	Type	Level

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If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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