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344 Polaris Drive

344 Polaris Drive, Indianapolis, IN 46241
Sold Aug 01, 2019
$166,999
$161,425 by Fifth Third Bank
Mortgage Due Aug 01, 2049
344 Polaris Drive has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 2001 and is 23 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 344 Polaris Drive has 2,016 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 880 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 9,627 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 380 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from none system. 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, 344 Polaris Drive sold most recently in Jul 29, 2019 for a total of $166,999. If you work out the math, that's approximately a cost of $69.70 per sqft. 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 $2,668 in taxes each year. 344 Polaris Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $237,700. If we break it down further, the land itself was valued at $27,600. Improvements to the property, however, were assessed at a total of $210,100. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,627
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,396
  • Gross Building Area: 2,396
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: SUNGATE SUB SEC 2
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SUNGATE SUB SEC 2 L186 & WAYNECROFT ADD. PT LOT 181 & PT LOT 182 BEG SW COR L186 P.O.B. W88.06 N109.43 E88.08 S109.43 TO BEG 0.221 AC

Ownership

  • Current Owner : OSORIO ERIC
  • Previous Owner : ROY CHRIS JOSEPH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 342101

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2334-E4
  • District: 0009
  • Section: 110
  • Parcel: 49-12-11-134-012.000-900
  • Lot: 186
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7597
  • Longitude: -86.285

    Address

  • Full Address: 344 Polaris Dr
  • Address - House Number: 344
  • Address - Street Name: Polaris
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C034
  • 4-Digit Zip Code: 3685
  • Zip Code: 46241

Valuation

    Tax

  • Total Area: 2,016
  • Tax Year: 2022
  • Tax Amount: $2,668
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.235
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 277,744
  • High Value: 343,024
  • Low Value: 212,464

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,425
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK
  • First Open Lien Mortgage Recording Date: May 20, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $161,425
  • 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: Aug 01, 2049

    Market Valuation

  • Market Total Value: $237,700
  • Market Land Value: $27,600
  • Market Improvement Value: $210,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,700
  • Assessed Land Value: $27,600
  • Assessed Improvements Value: $210,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2019
  • Current Sale Recording Date: Aug 01, 2019
  • Current Sale Transaction ID: 11633565481
  • Current Sale Price: $166,999
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900072466

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK
  • First Mortgage Transaction Date: Aug 01, 2019
  • First Mortgage Loan Amount: $161,425
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Chapel Hill - Ben Davis



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Frequently Asked Questions

What neighborhood is 344 Polaris Drive located in?
The 344 Polaris Drive is a house located in the neighborhood of Chapel Hill - Ben Davis in Chapel Hill - Ben Davis, Indianapolis.
What is the average sales price for listings in 344 Polaris Drive?
The average sales price for units in 344 Polaris Drive is $0 currently.

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