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2643 Addison Meadows Lane

2643 Addison Meadows Lane, Indianapolis, IN 46203
Sold May 01, 2019
$179,300
$172,000 by Old National Bank
Mortgage Due May 14, 2051
Sold Oct 08, 2008
$137,700
$135,852 by Usa Home Loans Inc
Mortgage Due Oct 01, 2038
Local assessors in Indianapolis, IN have categorized 2643 Addison Meadows Lane as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 13,504 square feet. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. 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 2643 Addison Meadows Lane has a total of 2,136 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 none 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 500 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 masonry 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. 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, 2643 Addison Meadows Lane sold most recently in Apr 24, 2019 for a total of $179,300. If you work out the math, that's approximately a cost of $68.02 per sqft. Before that, the property was also sold for $137,700 in Sep 30, 2008. 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 $2,630 in taxes each year. The initial year of tax delinquency occurred in 2021. 2643 Addison Meadows Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $228,500. If we break it down further, the land itself was valued at $30,900. Improvements to the property, however, were assessed at a total of $197,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 2,636
  • Gross Building Area: 2,636
  • Building Area: 2,136
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,136
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ADDISON MEADOWS
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ADDISON MEADOWS L 28

Ownership

  • Current Owner : BUTLER JOSEPH E
  • Current Owner 2: BAKLE ALEXANDER M
  • Previous Owner : WATSON NICOLE A
  • Owner Before Previous Owner: FULLER JAMES
  • Owner Before Previous Owner 2: FULLER BARBARA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2448-C2
  • District: 0007
  • Section: 230
  • Parcel: 49-10-23-102-030.000-700
  • Lot: 28
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7305
  • Longitude: -86.0595

    Address

  • Full Address: 2643 Addison Meadows Ln
  • Address - House Number: 2643
  • Address - Street Name: Addison Meadows
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R022
  • 4-Digit Zip Code: 6725
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 2,136
  • Tax Year: 2022
  • Tax Amount: $2,630
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 286,813
  • High Value: 346,342
  • Low Value: 227,283

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $236,850
  • First Open Lien Mortgage Lender: OLD NATIONAL BANK
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $172,000
  • 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 14, 2051
  • Second Open Lien Mortgage Lender: OLD NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Sep 09, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $64,850
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 24, 2052

    Market Valuation

  • Market Total Value: $228,500
  • Market Land Value: $30,900
  • Market Improvement Value: $197,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,500
  • Assessed Land Value: $30,900
  • Assessed Improvements Value: $197,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 24, 2019
  • Current Sale Recording Date: May 01, 2019
  • Current Sale Transaction ID: 11607055422
  • Current Sale Price: $179,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900038133
  • Previous Sale Recording Date: Oct 08, 2008
  • Previous Sale Contract Date: Sep 30, 2008
  • Previous Sale Amount: $137,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HALLMARK HOME MORTGAGE LLC
  • First Mortgage Transaction Date: May 01, 2019
  • First Mortgage Loan Amount: $176,943
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: USA HOME LOANS INC
  • Previous Mortgage Transaction Date: Oct 08, 2008
  • Previous Mortgage Loan Amount: $135,852
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2038

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Frequently Asked Questions

What neighborhood is 2643 Addison Meadows Lane located in?
The 2643 Addison Meadows Lane is a house located in the neighborhood of Glenroy Village in Southeast Indianapolis, Indianapolis.
What is the average sales price for listings in 2643 Addison Meadows Lane?
The average sales price for units in 2643 Addison Meadows Lane is $0 currently.

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