Property Details
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This charming property is located at 1125 Lincoln Way in Ames, Iowa, and is situated within the College Park Add subdivision. The legal information for this property includes a lot number of 7 and a block number of 7. The market value of the property is listed as $194,500, with a total of 6 bedrooms and 2 bathrooms spread across 2 stories. The house was built in 1925 and includes a fireplace, garage, and a spacious lot measuring 6420 square feet with a depth of 107 feet and a width of 60 feet. Heat is provided by a forced air system and the property does not have a cooling system.
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In most states, the history of a loss of life in a home, no matter how it occurred, even violently, is not considered a "Material Fact" and it's not required to be disclosed. This history depending on the event, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes. Properties with such a history are referred to as Stigmatized Properties.Would you want to know stigmatized history of the property before you sign the contract?
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