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1116 Iron Springs Court

1116 Iron Springs Court, Indianapolis, IN 46240
Property in North Central
Sold Dec 03, 2015
$595,000
$476,000 by Morgan Stanley Private Bank Na
Mortgage Due Dec 01, 2045
Sold Jul 02, 2009
$521,300
$417,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2039
1116 Iron Springs Court has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1991 and is 33 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1116 Iron Springs Court has 4,560 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,400 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,070 ft and across the front of the lot is 1,410 ft. The area measurement of the land has been determined as 29,185 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 728 sqft. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1116 Iron Springs Court sold most recently in Nov 10, 2015 for a total of $595,000. If you work out the math, that's approximately a cost of $88.97 per sqft. Before that, the property was also sold for $521,300 in Jun 15, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,741 in taxes each year. 1116 Iron Springs Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $719,700. If we break it down further, the land itself was valued at $86,000. Improvements to the property, however, were assessed at a total of $633,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,400
  • Garage Type: Attached
  • Garage Square Area: 728
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 29,185
  • Lot Size Depth Feet: 2,070
  • Lot Size Frontage Feet: 1,410
  • Total Building Area: 6,688
  • Gross Building Area: 6,688
  • Building Area: 4,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: IRON SPRINGS
  • Land Acres: 0.67
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: IRON SPRINGS LOT 20

Ownership

  • Current Owner : KLINGINSMITH JONATHAN A
  • Current Owner 2: KLINGINSMITH MEGAN GREVES
  • Previous Owner : BRAIL LESLIE
  • Previous Owner 2: SPIER CINDY J
  • Owner Before Previous Owner: PETRIE MICHAEL F
  • Owner Before Previous Owner 2: PETRIE JODY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320202

Geography

  • Assessors Map Reference: 2010-E5
  • District: 0008
  • Section: 240
  • Parcel: 49-03-24-103-013.000-800
  • Lot: 20
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.9046
  • Longitude: -86.139

    Address

  • Full Address: 1116 Iron Springs Ct
  • Address - House Number: 1116
  • Address - Street Name: Iron Springs
  • Address - Suffix Type: Ct
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C061
  • 4-Digit Zip Code: 2662
  • Zip Code: 46240

Valuation

    Tax

  • Total Area: 5,960
  • Tax Year: 2022
  • Tax Amount: $12,741
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 73
  • Final Value: 833,495
  • High Value: 999,441
  • Low Value: 667,549

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $476,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 03, 2015
  • First Open Lien Mortgage Loan Amount: $476,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2045

    Market Valuation

  • Market Total Value: $719,700
  • Market Land Value: $86,000
  • Market Improvement Value: $633,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $719,700
  • Assessed Land Value: $86,000
  • Assessed Improvements Value: $633,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 10, 2015
  • Current Sale Recording Date: Dec 03, 2015
  • Current Sale Transaction ID: 1359238930
  • Current Sale Price: $595,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201500124183
  • Previous Sale Recording Date: Jul 02, 2009
  • Previous Sale Contract Date: Jun 15, 2009
  • Previous Sale Amount: $521,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Dec 03, 2015
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 02, 2009
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2039

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Frequently Asked Questions

What neighborhood is 1116 Iron Springs Court located in?
The 1116 Iron Springs Court is a located in the neighborhood of North Central in North Central, Indianapolis.
What is the average sales price for listings in 1116 Iron Springs Court?
The average sales price for units in 1116 Iron Springs Court is $0 currently.

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