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3060 Falcon Drive

3060 Falcon Drive, Indianapolis, IN 46222
Property in Eagledale
Sold Dec 02, 2021
$115,000
$92,000 by Elements Financial Fcu
Mortgage Due Dec 01, 2051
Sold Dec 17, 2020
$50,000
Buyer
3060 Falcon Drive in Indianapolis, IN was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. 3060 Falcon Drive has 888 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 600 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 8,712 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. 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 masonry 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, 3060 Falcon Drive was last sold in Nov 23, 2021 for $115,000. According to our calculations, that's $129.50 per sqft. Prior to that sales transaction, the property was sold for $50,000 in Dec 9, 2020. Current property owners are expected to pay $2,786 in taxes per year. The property on 3060 Falcon Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $124,000. To break that down further, the land itself was valued at $5,100. While improvements to the property were assessed at a total of $118,900. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 600
  • Total Building Area: 888
  • Gross Building Area: 888
  • Building Area: 888
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 888
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EAGLEDALE FIRST SECTION PART TWO
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: EAGLEDALE FIRST SECTION PART TWO L617

Ownership

  • Current Owner : CHENG TOU LEE
  • Current Owner 2: CHENG MAI HER
  • Previous Owner : COX HERALD
  • Owner Before Previous Owner: ROSING DEBRA L

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 340400

Zoning

  • Zoning: ZO01

Geography

  • Parcel: 49-06-20-107-258.000-901
  • Lot: 617
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.8112
  • Longitude: -86.2324

    Address

  • Full Address: 3060 Falcon Dr
  • Address - House Number: 3060
  • Address - Street Name: Falcon
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C036
  • 4-Digit Zip Code: 1337
  • Zip Code: 46222

Valuation

    Tax

  • Total Area: 888
  • Tax Year: 2022
  • Tax Amount: $2,786
  • Tax Rate Code Area: 901

    Appraisal Valuation

  • Standard Deviation: 0.2562
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 163,444
  • High Value: 205,320
  • Low Value: 121,567

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,000
  • First Open Lien Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $92,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $124,000
  • Market Land Value: $5,100
  • Market Improvement Value: $118,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,000
  • Assessed Land Value: $5,100
  • Assessed Improvements Value: $118,900

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11874067561
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100160323
  • Previous Sale Recording Date: Dec 17, 2020
  • Previous Sale Contract Date: Dec 09, 2020
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $92,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Eagledale



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Frequently Asked Questions

What neighborhood is 3060 Falcon Drive located in?
The 3060 Falcon Drive is a located in the neighborhood of Eagledale in Eagledale, Indianapolis.
What is the average sales price for listings in 3060 Falcon Drive?
The average sales price for units in 3060 Falcon Drive is $0 currently.

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