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2345 Cardinal Drive

2345 Cardinal Drive, Indianapolis, IN 46227
Property in Edgewood
Sold Dec 06, 2021
$209,000
Buyer
Seller
$206,196 by First Merchants Bank Na
Mortgage
Sold Dec 06, 2021
$210,000
Buyer
Seller
$206,196 by First Merchants Bank Na
Mortgage
Local assessors in Indianapolis, IN have categorized 2345 Cardinal Drive as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 18,339 square feet. The linear feet between the front and back of the lot was measured at 1,930 ft and the front of the lot was measured at 950 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 2345 Cardinal Drive has a total of 1,328 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. 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 484 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 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2345 Cardinal Drive was last sold in Nov 29, 2021 for $209,000. According to our calculations, that's $115.34 per sqft. Prior to that sales transaction, the property was sold for $210,000 in Nov 29, 2021. Current property owners are expected to pay $2,386 in taxes per year. The property on 2345 Cardinal Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $198,000. To break that down further, the land itself was valued at $28,200. While improvements to the property were assessed at a total of $169,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Stone
  • 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: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 18,339
  • Lot Size Depth Feet: 1,930
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,812
  • Gross Building Area: 1,812
  • Building Area: 1,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,328
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BROOKDALE HEIGHTS ADD
  • Land Acres: 0.421
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BROOKDALE HTS L56

Ownership

  • Current Owner : RUNG THLA
  • Previous Owner : LIAN PENG
  • Owner Before Previous Owner: PENG LIAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 381002

Geography

  • Assessors Map Reference: 2556-B2
  • District: 0005
  • Section: 7014004
  • Parcel: 49-15-07-111-031.000-500
  • Lot: 56
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6732
  • Longitude: -86.1208

    Address

  • Full Address: 2345 Cardinal Dr
  • Address - House Number: 2345
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C047
  • 4-Digit Zip Code: 4925
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 1,328
  • Tax Year: 2022
  • Tax Amount: $2,386
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2299
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 246,567
  • High Value: 303,253
  • Low Value: 189,881

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $218,796
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Open Lien Mortgage Recording Date: Dec 06, 2021
  • First Open Lien Mortgage Loan Amount: $206,196
  • 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 06, 2021
  • Second Open Lien Mortgage Loan Amount: $12,600
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $198,000
  • Market Land Value: $28,200
  • Market Improvement Value: $169,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,000
  • Assessed Land Value: $28,200
  • Assessed Improvements Value: $169,800

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11873551578
  • Current Sale Price: $209,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100162326
  • Previous Sale Recording Date: Dec 06, 2021
  • Previous Sale Contract Date: Nov 29, 2021
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Mortgage Transaction Date: Dec 06, 2021
  • First Mortgage Loan Amount: $206,196
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • Second Mortgage Lender: INDIANA HOUSING & CMNTY DEV
  • Second Mortgage Transaction Date: Dec 06, 2021
  • Second Mortgage Loan Amount: $12,600
  • Second Mortgage Loan Due Date: Nov 29, 2030

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MERCHANTS BANK NA
  • Previous Mortgage Transaction Date: Dec 06, 2021
  • Previous Mortgage Loan Amount: $206,196
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Edgewood



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Frequently Asked Questions

What neighborhood is 2345 Cardinal Drive located in?
The 2345 Cardinal Drive is a located in the neighborhood of Edgewood in Edgewood, Indianapolis.
What is the average sales price for listings in 2345 Cardinal Drive?
The average sales price for units in 2345 Cardinal Drive is $0 currently.

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