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1931 Orchid Bloom Lane

1931 Orchid Bloom Lane, Indianapolis, IN 46231
Sold Jul 20, 2020
$175,000
$171,830 by Fairway Independent Mtg Corp
Mortgage
Local assessors in Indianapolis, IN have categorized 1931 Orchid Bloom Lane 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 4,487 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 450 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 1931 Orchid Bloom Lane has a total of 2,030 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 380 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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, 1931 Orchid Bloom Lane sold most recently in Jul 10, 2020 for a total of $175,000. If you work out the math, that's approximately a cost of $72.61 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 $2,647 in taxes each year. 1931 Orchid Bloom Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $227,800. If we break it down further, the land itself was valued at $16,000. Improvements to the property, however, were assessed at a total of $211,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
Open Parking
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: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,487
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,410
  • Gross Building Area: 2,410
  • Building Area: 2,030
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,030
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: CAMERON MEADOWS SECTION 4
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: CAMERON MEADOWS SECTION 4 L373

Ownership

  • Current Owner : ALLAGBE TOSSEDE F
  • Previous Owner : WIGHT-FRANKLIN SONIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2334-A7
  • District: 0009
  • Section: 160
  • Parcel: 49-12-16-113-032.000-900
  • Lot: 373
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7381
  • Longitude: -86.3196

    Address

  • Full Address: 1931 Orchid Bloom Ln
  • Address - House Number: 1931
  • Address - Street Name: Orchid Bloom
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R082
  • 4-Digit Zip Code: 5264
  • Zip Code: 46231

Valuation

    Tax

  • Total Area: 2,030
  • Tax Year: 2022
  • Tax Amount: $2,647
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.2356
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 270,442
  • High Value: 334,172
  • Low Value: 206,712

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,830
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Jul 20, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $171,830
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $227,800
  • Market Land Value: $16,000
  • Market Improvement Value: $211,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,800
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $211,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 10, 2020
  • Current Sale Recording Date: Jul 20, 2020
  • Current Sale Transaction ID: 11781464111
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000075485

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Jul 20, 2020
  • First Mortgage Loan Amount: $171,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Chapel Hill - Ben Davis



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Frequently Asked Questions

What neighborhood is 1931 Orchid Bloom Lane located in?
The 1931 Orchid Bloom Lane is a house located in the neighborhood of Chapel Hill - Ben Davis in Chapel Hill - Ben Davis, Indianapolis.
What is the average sales price for listings in 1931 Orchid Bloom Lane?
The average sales price for units in 1931 Orchid Bloom Lane is $0 currently.

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