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1622 Walpole Way

1622 Walpole Way, Indianapolis, IN 46231
Sold Sep 08, 2021
$259,900
$256,410 by United Wholesale Mortgage
Mortgage
Local assessors in Indianapolis, IN have categorized 1622 Walpole Way as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 8,756 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 650 ft. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1622 Walpole Way has a total of 2,468 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,112 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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. 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, 1622 Walpole Way sold most recently in Jul 8, 2021 for a total of $259,900. If you work out the math, that's approximately a cost of $65.30 per sqft. 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 $3,464 in taxes each year. 1622 Walpole Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $285,000. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $270,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,112
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,756
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,980
  • Gross Building Area: 3,980
  • Building Area: 2,468
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,468
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: BERKSHIRE SEC ONE B
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BERKSHIRE SEC. ONE B L 14

Ownership

  • Current Owner : WESTCOTT BRADLEY
  • Current Owner 2: WESTCOTT LAURELL
  • Previous Owner : RICHEY MELISSA A
  • Previous Owner 2: RICHEY JASON A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 342000

Geography

  • Assessors Map Reference: 2334-A6
  • District: 0009
  • Section: 160
  • Parcel: 49-12-16-111-037.000-900
  • Lot: 14
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7431
  • Longitude: -86.3204

    Address

  • Full Address: 1622 Walpole Way
  • Address - House Number: 1622
  • Address - Street Name: Walpole
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 4224
  • Zip Code: 46231

Valuation

    Tax

  • Total Area: 3,580
  • Tax Year: 2022
  • Tax Amount: $3,464
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 313,276
  • High Value: 381,992
  • Low Value: 244,560

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,410
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 08, 2021
  • First Open Lien Mortgage Loan Amount: $256,410
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $285,000
  • Market Land Value: $15,000
  • Market Improvement Value: $270,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,000
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $270,000

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 08, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Transaction ID: 11856700801
  • Current Sale Price: $259,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100118243

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 08, 2021
  • First Mortgage Loan Amount: $256,410
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Chapel Hill - Ben Davis



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Frequently Asked Questions

What neighborhood is 1622 Walpole Way located in?
The 1622 Walpole Way is a located in the neighborhood of Chapel Hill - Ben Davis in Chapel Hill - Ben Davis, Indianapolis.
What is the average sales price for listings in 1622 Walpole Way?
The average sales price for units in 1622 Walpole Way is $0 currently.

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