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1525 Sierra Springs

1525 Sierra Springs, Indianapolis, IN 46280
Sold Jun 03, 2020
$225,000
$180,000 by Quicken Loans Inc
Mortgage Due Jun 01, 2050
Sold May 03, 2017
$154,900
$123,900 by Gvc Mortgage Inc
Mortgage Due May 01, 2047
Local assessors in Indianapolis, IN have categorized 1525 Sierra Springs as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 5,663 square feet. 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 4 rooms in the home. Of these, 2 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 1525 Sierra Springs has a total of 1,650 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 498 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 29, 2020 for $225,000. That's $104.75 per sqft. Prior to that sales transaction, the property was also sold in Apr 28, 2017 for $154,900. 1525 Sierra Springs was last assessed in 2023. The total value of the property was assessed at $241,500. Specifically, the land the property is located on was valued at $44,000. While improvements on the property were assessed at a total of $197,500. 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 $2,283. 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: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 498
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 2,148
  • Gross Building Area: 2,148
  • Building Area: 1,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,650
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: THE RETREAT CONDO HPR
  • Land Acres: 0.13
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ACREAGE .00, SECTION 12, TOWNSHIP 17, RANGE 3, THE RETREAT CONDO HPR, SQUARE FEET (CONDO) 1,650.00, BUILDING 52, TRACT 2, UNIT F, % OF COMMON AREA

Ownership

  • Current Owner : CASHER MARK
  • Current Owner 2: CASHER CHRISTINE
  • Previous Owner : WELCH DONNETTE
  • Previous Owner 2: WELCH DONETTE
  • Owner Before Previous Owner: BLAKE HILLARY C STANLEY
  • Owner Before Previous Owner 2: CHRISTY PAM L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Carmel Clay Schools
  • Census Tract: 111104

Geography

  • District: 0017
  • Subdivision Tract Number: 2
  • Parcel: 29-13-12-402-020.000-018
  • Meridian: SEC 12 TWN 17 RNG 03
  • Municipality: DELAWARE TOWNSHIP
  • Latitude: 39.9299
  • Longitude: -86.1294

    Address

  • Full Address: 1525 Sierra Springs Dr
  • Address - House Number: 1525
  • Address - Street Name: Sierra Springs
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Carmel
  • Zip Code: 46280

Valuation

    Tax

  • Total Area: 1,650
  • Tax Year: 2022
  • Tax Amount: $2,283
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 75
  • Final Value: 321,831
  • High Value: 382,320
  • Low Value: 261,342

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 03, 2020
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $241,500
  • Market Land Value: $44,000
  • Market Improvement Value: $197,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,500
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $197,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 03, 2020
  • Current Sale Transaction ID: 11769571373
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020033427
  • Previous Sale Recording Date: May 03, 2017
  • Previous Sale Contract Date: Apr 28, 2017
  • Previous Sale Amount: $154,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jun 03, 2020
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GVC MORTGAGE INC
  • Previous Mortgage Transaction Date: May 03, 2017
  • Previous Mortgage Loan Amount: $123,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2047

About The Retreat Condominiums



Similar Buildings

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Nearby Rentals

Unit for rent at 10909 W Lakeshore Drive, Carmel, IN, 46033

$2,200 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,160 ft²
10909 W Lakeshore Drive, Carmel, IN, 46033 Listing by Steve Collins

Frequently Asked Questions

What neighborhood is 1525 Sierra Springs located in?
The 1525 Sierra Springs is a located in the neighborhood of The Retreat Condominiums in The Retreat Condominiums, Indianapolis.
What is the average sales price for listings in 1525 Sierra Springs?
The average sales price for units in 1525 Sierra Springs is $0 currently.

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