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3433 Windham Lake Court

3433 Windham Lake Court, Indianapolis, IN 46214
Property in Key Meadows
Sold May 23, 2017
$127,500
$185,940 by Ruoff Mortgage Company, Inc.
Mortgage Due Sep 01, 2053
Sold May 15, 2017
$127,500
Local assessors in Indianapolis, IN have categorized 3433 Windham Lake Court as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 7,482 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 3433 Windham Lake Court has a total of 1,904 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. 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. 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. 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, 3433 Windham Lake Court sold most recently in May 15, 2017 for a total of $127,500. If you work out the math, that's approximately a cost of $66.96 per sqft. Before that, the property was also sold for $127,500 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,892 in taxes each year. 3433 Windham Lake Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $156,200. If we break it down further, the land itself was valued at $17,700. Improvements to the property, however, were assessed at a total of $138,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Condo
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,482
  • Total Building Area: 1,904
  • Gross Building Area: 1,904
  • Building Area: 1,904
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,904
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: WINDHAM LAKE I SEC TWO
  • Land Acres: 0.172
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: WINDHAM LAKE I SEC TWO L 19

Ownership

  • Current Owner : CUNNINGHAM MARK
  • Current Owner 2: CUNNINGHAM REGINA
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 340112

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2225-C3
  • District: 0009
  • Section: 220
  • Parcel: 49-05-22-105-027.000-900
  • Lot: 19
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.8166
  • Longitude: -86.3032

    Address

  • Full Address: 3433 Windham Lake Ct
  • Address - House Number: 3433
  • Address - Street Name: Windham Lake
  • Address - Suffix Type: Ct
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C016
  • 4-Digit Zip Code: 1463
  • Zip Code: 46214

Valuation

    Tax

  • Total Area: 1,904
  • Tax Year: 2022
  • Tax Amount: $1,892
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 231,620
  • High Value: 286,150
  • Low Value: 177,089

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,940
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY, INC.
  • First Open Lien Mortgage Recording Date: Aug 30, 2023
  • First Open Lien Mortgage Loan Amount: $185,940
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $156,200
  • Market Land Value: $17,700
  • Market Improvement Value: $138,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,200
  • Assessed Land Value: $17,700
  • Assessed Improvements Value: $138,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2017
  • Current Sale Recording Date: May 23, 2017
  • Current Sale Transaction ID: 11337301696
  • Current Sale Price: $127,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201700059264
  • Previous Sale Recording Date: May 15, 2017
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL INC
  • First Mortgage Transaction Date: May 23, 2017
  • First Mortgage Loan Amount: $130,241
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Key Meadows



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Frequently Asked Questions

What neighborhood is 3433 Windham Lake Court located in?
The 3433 Windham Lake Court is a located in the neighborhood of Key Meadows in Key Meadows, Indianapolis.
What is the average sales price for listings in 3433 Windham Lake Court?
The average sales price for units in 3433 Windham Lake Court is $0 currently.

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