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10703 Summerwood Lane

10703 Summerwood Lane, Fishers, IN 46038
Property in Ashwood
Sold Jul 15, 2015
$133,800
$132,063 by Perl Mortgage Inc
Mortgage Due Aug 01, 2045
Sold Jun 11, 2008
$599,600
$479,700 by Citizens Bank
Mortgage Due May 14, 2018
Local assessors in Fishers, IN have categorized 10703 Summerwood Lane as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 1,110 ft and the front of the lot was measured at 660 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 10703 Summerwood Lane has a total of 1,258 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 none system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 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 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 frame 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. The property was last sold in Jun 25, 2015 for $133,800. That's $80.70 per sqft. Prior to that sales transaction, the property was also sold in May 7, 2008 for $599,600. 10703 Summerwood Lane was last assessed in 2023. The total value of the property was assessed at $227,800. Specifically, the land the property is located on was valued at $48,000. While improvements on the property were assessed at a total of $179,800. 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 $2,319. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,658
  • Gross Building Area: 1,658
  • Building Area: 1,258
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,258
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ASHWOOD SECTION 1
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ACREAGE .17, SECTION 29, TOWNSHIP 18, RANGE 5, ASHWOOD, SECTION 1, LOT 38, IRREGULAR SHAPE

Ownership

  • Current Owner : SMITH ALEXANDER B
  • Previous Owner : EQUICORE PROPERTIES LLC
  • Owner Before Previous Owner: SILVERMAN DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton Southeastern Schools
  • Census Tract: 110817

Geography

  • District: 0013
  • Parcel: 29-11-29-012-038.000-020
  • Block: 1
  • Lot: 38
  • Meridian: SEC 29 TWN 18 RNG 05
  • Municipality: ELKHART TOWNSHIP
  • Latitude: 39.9795
  • Longitude: -85.9776

    Address

  • Full Address: 10703 Summerwood Ln
  • Address - House Number: 10703
  • Address - Street Name: Summerwood
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Fishers
  • Carrier Code: R010
  • 4-Digit Zip Code: 7469
  • Zip Code: 46038

Valuation

    Tax

  • Total Area: 1,258
  • Tax Year: 2022
  • Tax Amount: $2,319
  • Tax Rate Code Area: 19

    Appraisal Valuation

  • Standard Deviation: 0.1829
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 76
  • Final Value: 298,419
  • High Value: 353,012
  • Low Value: 243,826

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,063
  • First Open Lien Mortgage Lender: PERL MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 15, 2015
  • First Open Lien Mortgage Loan Amount: $132,063
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045

    Market Valuation

  • Market Total Value: $227,800
  • Market Land Value: $48,000
  • Market Improvement Value: $179,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,800
  • Assessed Land Value: $48,000
  • Assessed Improvements Value: $179,800

    Sales

  • Current Sale Contract Date: Jun 25, 2015
  • Current Sale Recording Date: Jul 15, 2015
  • Current Sale Transaction ID: 1228755668
  • Current Sale Price: $133,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015035957
  • Previous Sale Recording Date: Jun 11, 2008
  • Previous Sale Contract Date: May 07, 2008
  • Previous Sale Amount: $599,600
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: PERL MORTGAGE INC
  • First Mortgage Transaction Date: Jul 15, 2015
  • First Mortgage Loan Amount: $132,063
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS BANK
  • Previous Mortgage Transaction Date: Jun 11, 2008
  • Previous Mortgage Loan Amount: $479,700
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 14, 2018

About Ashwood



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Frequently Asked Questions

What neighborhood is 10703 Summerwood Lane located in?
The 10703 Summerwood Lane is a located in the neighborhood of Ashwood in Ashwood, Fishers.
What is the average sales price for listings in 10703 Summerwood Lane?
The average sales price for units in 10703 Summerwood Lane is $0 currently.

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