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3774 Riverwood Drive

3774 Riverwood Drive, Indianapolis, IN 46214
Sold Sep 17, 2021
$180,000
$173,794 by Fairway Independent Mtg Corp
Mortgage Due Oct 01, 2051
Sold Feb 19, 2020
$149,900
$149,900 by Amerifirst Financial Inc
Mortgage
3774 Riverwood 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 1987 and is 37 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3774 Riverwood Drive has 1,076 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 1,350 ft and across the front of the lot is 530 ft. The area measurement of the land has been determined as 7,144 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 462 sqft. According to our sources, there are a total of 2 available parking spaces. 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 masonry 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 heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Sep 10, 2021 for $180,000. That's $117.04 per sqft. Prior to that sales transaction, the property was also sold in Feb 14, 2020 for $149,900. 3774 Riverwood Drive was last assessed in 2023. The total value of the property was assessed at $178,100. Specifically, the land the property is located on was valued at $16,600. While improvements on the property were assessed at a total of $161,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,964. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,144
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,538
  • Gross Building Area: 1,538
  • Building Area: 1,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WATERWOOD AT EAGLE CREEK SEC 1
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WATERWOOD AT EAGLE CREEK SEC. 1 L-10

Ownership

  • Current Owner : FRANKLIN KAREN DENISE
  • Previous Owner : PARKS ROBERT D
  • Owner Before Previous Owner: HO FORTUNE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 340115

Geography

  • Assessors Map Reference: 2225-C3
  • District: 0009
  • Section: 220
  • Parcel: 49-05-22-110-010.000-900
  • Lot: 10
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.8222
  • Longitude: -86.2973

    Address

  • Full Address: 3774 Riverwood Dr
  • Address - House Number: 3774
  • Address - Street Name: Riverwood
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C017
  • 4-Digit Zip Code: 4029
  • Zip Code: 46214

Valuation

    Tax

  • Total Area: 1,076
  • Tax Year: 2022
  • Tax Amount: $1,964
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.2466
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 227,702
  • High Value: 283,868
  • Low Value: 171,535

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $191,394
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Sep 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $173,794
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051
  • Second Open Lien Mortgage Lender: ELEMENTS FINANCIAL FCU
  • Second Open Lien Mortgage Recording Date: Nov 02, 2023
  • Second Open Lien Mortgage Loan Amount: $17,600
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 15, 2048

    Market Valuation

  • Market Total Value: $178,100
  • Market Land Value: $16,600
  • Market Improvement Value: $161,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,100
  • Assessed Land Value: $16,600
  • Assessed Improvements Value: $161,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Transaction ID: 11858628887
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100124321
  • Previous Sale Recording Date: Feb 19, 2020
  • Previous Sale Contract Date: Feb 14, 2020
  • Previous Sale Amount: $149,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Sep 17, 2021
  • First Mortgage Loan Amount: $173,794
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051
  • Second Mortgage Lender: IHCDA
  • Second Mortgage Transaction Date: Sep 17, 2021
  • Second Current Mortgage Financing Type: Fixed Rate
  • Second Mortgage Loan Amount: $6,195
  • Second Mortgage Terms: 36
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Sep 10, 2024

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERIFIRST FINANCIAL INC
  • Previous Mortgage Transaction Date: Feb 19, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $149,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Eagle Creek



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Frequently Asked Questions

What neighborhood is 3774 Riverwood Drive located in?
The 3774 Riverwood Drive is a located in the neighborhood of Waterwood at Eagle Creek in Eagle Creek, Indianapolis.
What is the average sales price for listings in 3774 Riverwood Drive?
The average sales price for units in 3774 Riverwood Drive is $0 currently.

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