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1961 Schwier Drive

1961 Schwier Drive, Indianapolis, IN 46229
Property in Far Eastside
Sold Dec 01, 2021
$139,300
$137,464 by Centier Bank
Mortgage
Sold Jun 29, 2016
$80,000
Buyer
Seller
$64,000 by Forum Cu
Mortgage Due Jul 01, 2031
Local assessors in Indianapolis, IN have categorized 1961 Schwier Drive as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 11,021 square feet. The linear feet between the front and back of the lot was measured at 1,010 ft and the front of the lot was measured at 1,090 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 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 is one full bathroom. 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 1961 Schwier Drive has a total of 1,407 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 a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 273 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 brick 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 Oct 29, 2021 for $139,300. That's $82.92 per sqft. Prior to that sales transaction, the property was also sold in Jun 8, 2016 for $80,000. 1961 Schwier Drive was last assessed in 2023. The total value of the property was assessed at $132,200. Specifically, the land the property is located on was valued at $19,000. While improvements on the property were assessed at a total of $113,200. 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 $1,465. 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! 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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 273
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,021
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,407
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,407
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HEATHER HILLS 6TH SEC
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HEATHER HILLS 6TH SEC L204

Ownership

  • Current Owner : ROBINSON CARLYSE
  • Previous Owner : SAVOY TORI
  • Owner Before Previous Owner: SAVOY TAMMY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warren Township Metropolitan School District
  • Census Tract: 360502

Geography

  • Assessors Map Reference: 2232-A7
  • District: 0007
  • Section: 330
  • Parcel: 49-08-33-121-031.000-700
  • Lot: 204
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7955
  • Longitude: -85.9869

    Address

  • Full Address: 1961 Schwier Dr
  • Address - House Number: 1961
  • Address - Street Name: Schwier
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C003
  • 4-Digit Zip Code: 4137
  • Zip Code: 46229

Valuation

    Tax

  • Total Area: 1,407
  • Tax Year: 2022
  • Tax Amount: $1,465
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.2482
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 199,100
  • High Value: 248,536
  • Low Value: 149,664

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $145,864
  • First Open Lien Mortgage Lender: CENTIER BANK
  • First Open Lien Mortgage Recording Date: Dec 01, 2021
  • First Open Lien Mortgage Loan Amount: $137,464
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: INDIANA HOUSING & CMNTY DEV
  • Second Open Lien Mortgage Recording Date: Dec 01, 2021
  • Second Open Lien Mortgage Loan Amount: $8,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $132,200
  • Market Land Value: $19,000
  • Market Improvement Value: $113,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,200
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $113,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11874354852
  • Current Sale Price: $139,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100159987
  • Previous Sale Recording Date: Jun 29, 2016
  • Previous Sale Contract Date: Jun 08, 2016
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CENTIER BANK
  • First Mortgage Transaction Date: Dec 01, 2021
  • First Mortgage Loan Amount: $137,464
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • Second Mortgage Lender: INDIANA HOUSING & CMNTY DEV
  • Second Mortgage Transaction Date: Dec 01, 2021
  • Second Mortgage Loan Amount: $8,400
  • Second Mortgage Loan Due Date: Oct 28, 2030

    Previous Mortgages

  • Previous Mortgage Lender: FORUM CU
  • Previous Mortgage Transaction Date: Jun 29, 2016
  • Previous Mortgage Loan Amount: $64,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2031

About Far Eastside



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Frequently Asked Questions

What neighborhood is 1961 Schwier Drive located in?
The 1961 Schwier Drive is a located in the neighborhood of Far Eastside in Far Eastside, Indianapolis.
What is the average sales price for listings in 1961 Schwier Drive?
The average sales price for units in 1961 Schwier Drive is $0 currently.

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