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2527 Mc Leay Drive

2527 Mc Leay Drive, Indianapolis, IN 46220
Sold Sep 16, 2021
$302,000
$241,600 by Indiana Members Cu
Mortgage
Sold Jun 06, 2018
$218,000
$207,100 by Fairway Independent Mtg Corp
Mortgage Due Jul 01, 2048
Local assessors in Indianapolis, IN have categorized 2527 Mc Leay Drive 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 1960. The property's lot size has been calculated to be 6,011 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 500 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, 4 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 is also a partial bathroom. 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 2527 Mc Leay Drive has a total of 2,216 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 partial basement that is 924 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 240 sqft. There are 3 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 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. 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, 2527 Mc Leay Drive was last sold in Aug 26, 2021 for $302,000. According to our calculations, that's $96.18 per sqft. Prior to that sales transaction, the property was sold for $218,000 in Jun 1, 2018. Current property owners are expected to pay $2,857 in taxes per year. The property on 2527 Mc Leay Drive was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $234,100. To break that down further, the land itself was valued at $35,000. While improvements to the property were assessed at a total of $199,100. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1950
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 924
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,011
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,140
  • Gross Building Area: 3,140
  • Building Area: 2,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,216
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH KESSLER MANOR EXTENSION
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: NORTH KESSLER MANOR EXTENSION L234

Ownership

  • Current Owner : PHILLIPPE SAMUEL
  • Current Owner 2: ALMON JESSICA
  • Previous Owner : ANDERSON KATIE
  • Owner Before Previous Owner: FLOOD MICHAEL JOSEPH
  • Owner Before Previous Owner 2: FLOOD CATHERINE MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 321400

Geography

  • District: 0008
  • Section: 5016004
  • Parcel: 49-07-05-112-182.000-801
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8588
  • Longitude: -86.1198

    Address

  • Full Address: 2527 Mcleay Dr
  • Address - House Number: 2527
  • Address - Street Name: Mcleay
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C058
  • 4-Digit Zip Code: 5813
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 3,140
  • Tax Year: 2021
  • Tax Amount: $2,857
  • Tax Rate Code Area: 801:INDPLS

    Appraisal Valuation

  • Standard Deviation: 0.1998
  • Valuation Date: Oct 05, 2022
  • Confidence Score: 73
  • Final Value: 355,223
  • High Value: 426,225
  • Low Value: 284,221

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $241,600
  • First Open Lien Mortgage Lender: INDIANA MEMBERS CU
  • First Open Lien Mortgage Recording Date: Sep 16, 2021
  • First Open Lien Mortgage Loan Amount: $241,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $234,100
  • Market Land Value: $35,000
  • Market Improvement Value: $199,100

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $234,100
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $199,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Transaction ID: 11858604998
  • Current Sale Price: $302,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100123890
  • Previous Sale Recording Date: Jun 06, 2018
  • Previous Sale Contract Date: Jun 01, 2018
  • Previous Sale Amount: $218,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDIANA MEMBERS CU
  • First Mortgage Transaction Date: Sep 16, 2021
  • First Mortgage Loan Amount: $241,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • Previous Mortgage Transaction Date: Jun 06, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $207,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

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Frequently Asked Questions

What neighborhood is 2527 Mc Leay Drive located in?
The 2527 Mc Leay Drive is a located in the neighborhood of North Kessler Manor in Millersville, Indianapolis.
What is the average sales price for listings in 2527 Mc Leay Drive?
The average sales price for units in 2527 Mc Leay Drive is $0 currently.

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