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2003 Green Rock Lane

2003 Green Rock Lane, Indianapolis, IN 46203
Sold Apr 05, 2023
$208,477
$156,750 by Draper And Kramer Mortgage Cor
Mortgage Due May 01, 2053
Sold Nov 13, 2017
$100,000
$98,188 by Land Home Financial Svcs Inc
Mortgage Due Nov 01, 2047
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Local assessors in Indianapolis, IN have categorized 2003 Green Rock Lane as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 19,210 square feet. The linear feet between the front and back of the lot was measured at 2,400 ft and the front of the lot was measured at 800 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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. 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 2003 Green Rock Lane has a total of 904 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 904 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 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 detached garage for those who need a place to park their vehicle. The garage on the property is 280 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 stone 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, 2003 Green Rock Lane sold most recently in Mar 29, 2023 for a total of $208,477. If you work out the math, that's approximately a cost of $115.31 per sqft. Before that, the property was also sold for $100,000 in Oct 27, 2017. 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 $1,394 in taxes each year. 2003 Green Rock Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $123,000. If we break it down further, the land itself was valued at $21,800. Improvements to the property, however, were assessed at a total of $101,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1950
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Stone
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 904
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 19,210
  • Lot Size Depth Feet: 2,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,808
  • Gross Building Area: 1,808
  • Building Area: 904
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 904
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GREEN ROCK ADD
  • Land Acres: 0.441
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: GREEN ROCK L34

Ownership

  • Current Owner : LOVEALL REBEKAH
  • Previous Owner : HAMILTON CHELSEA MICHELLE
  • Owner Before Previous Owner: LOBSTEIN TRACIE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warren Township Metropolitan School District
  • Census Tract: 361402

Geography

  • District: 0007
  • Section: 150
  • Parcel: 49-10-15-116-010.000-700
  • Lot: 34
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7421
  • Longitude: -86.0803

    Address

  • Full Address: 2003 Green Rock Ln
  • Address - House Number: 2003
  • Address - Street Name: Green Rock
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C031
  • 4-Digit Zip Code: 4916
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,808
  • Tax Year: 2022
  • Tax Amount: $1,394
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.2465
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 188,641
  • High Value: 235,155
  • Low Value: 142,127

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,750
  • First Open Lien Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Open Lien Mortgage Recording Date: Apr 05, 2023
  • First Open Lien Mortgage Loan Amount: $156,750
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $123,000
  • Market Land Value: $21,800
  • Market Improvement Value: $101,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,000
  • Assessed Land Value: $21,800
  • Assessed Improvements Value: $101,200

    Sales

  • Current Sale Contract Date: Mar 29, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Transaction ID: 11904959285
  • Current Sale Price: $208,477
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26015
  • Previous Sale Recording Date: Nov 13, 2017
  • Previous Sale Contract Date: Oct 27, 2017
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Mortgage Transaction Date: Apr 05, 2023
  • First Mortgage Loan Amount: $156,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: LAND HOME FINANCIAL SVCS INC
  • Previous Mortgage Transaction Date: Nov 13, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $98,188
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2047

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Frequently Asked Questions

What neighborhood is 2003 Green Rock Lane located in?
The 2003 Green Rock Lane is a house located in the neighborhood of Glenroy Village in Southeast Indianapolis, Indianapolis.
What is the average sales price for listings in 2003 Green Rock Lane?
The average sales price for units in 2003 Green Rock Lane is $0 currently.

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