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2626 Parkwood Drive

2626 Parkwood Drive, Indianapolis, IN 46224
House in Speedway
Sold Dec 11, 2019
$118,750
$95,000 by Milestone Home Lending
Mortgage
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2626 Parkwood Drive in Indianapolis, IN was first built in 1958 and is 66 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2626 Parkwood Drive has 1,998 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 9,104 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 576 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 2626 Parkwood Drive was last sold in Oct 17, 2019 for $118,750. According to our calculations, that's $59.43 per sqft. Current property owners are expected to pay $4,269 in taxes per year. The property on 2626 Parkwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $182,100. To break that down further, the land itself was valued at $16,000. While improvements to the property were assessed at a total of $166,100. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Aluminum Siding Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • 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: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,104
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,998
  • Gross Building Area: 1,998
  • Building Area: 1,998
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,998
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FALENDERS MEADOWOOD ADDITION
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FALENDERS MEADOWOOD ADDITION L 51

Ownership

  • Current Owner : PENNY ROBIN LEA
  • Current Owner 2: PENNY ROBERT W
  • Previous Owner : MEISS RICHARD A

Neighborhood

  • School District Name: Speedway School Town
  • Census Tract: 340202

Geography

  • Assessors Map Reference: 2226-B5
  • District: 0009
  • Section: 250
  • Parcel: 49-05-25-116-023.000-914
  • Lot: 51
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.804
  • Longitude: -86.2652

    Address

  • Full Address: 2626 Parkwood Dr
  • Address - House Number: 2626
  • Address - Street Name: Parkwood
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C035
  • 4-Digit Zip Code: 3223
  • Zip Code: 46224

Valuation

    Tax

  • Total Area: 1,998
  • Tax Year: 2022
  • Tax Amount: $4,269
  • Tax Rate Code Area: 914

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 244,263
  • High Value: 305,578
  • Low Value: 182,949

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,000
  • First Open Lien Mortgage Lender: MILESTONE HOME LENDING
  • First Open Lien Mortgage Recording Date: Dec 11, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $95,000
  • 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: $182,100
  • Market Land Value: $16,000
  • Market Improvement Value: $166,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,100
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $166,100

    Sales

  • Current Sale Contract Date: Oct 17, 2019
  • Current Sale Recording Date: Dec 11, 2019
  • Current Sale Transaction ID: 11712328574
  • Current Sale Price: $118,750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900123937

    Last Sale Mortgage

  • First Mortgage Lender: MILESTONE HOME LENDING
  • First Mortgage Transaction Date: Dec 11, 2019
  • First Mortgage Loan Amount: $95,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Speedway



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Frequently Asked Questions

What neighborhood is 2626 Parkwood Drive located in?
The 2626 Parkwood Drive is a house located in the neighborhood of Speedway in Speedway, Indianapolis.
What is the average sales price for listings in 2626 Parkwood Drive?
The average sales price for units in 2626 Parkwood Drive is $0 currently.

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