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3918 Meridee Drive

3918 Meridee Drive, Indianapolis, IN 46237
Sold Jul 31, 2019
$178,000
$174,704 by Centier Bank
Mortgage
3918 Meridee Drive in Indianapolis, IN was first built in 1974 and is 50 years old. Although, the building on the property was most recently renovated and altered in 2008. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 3918 Meridee Drive has 1,976 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 1,410 ft and the linear feet between the front and back of the lot is 1,570. In total, the area measurement of the land is 22,128 square feet.

Learn more about the property and building on this page. There is a unknown. 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. For those who need parking, there is a attached garage. The garage is 625 sqft. There are a total of 2 available parking spaces. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3918 Meridee Drive sold most recently in Jul 22, 2019 for a total of $178,000. If you work out the math, that's approximately a cost of $68.44 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 $2,809 in taxes each year. 3918 Meridee Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $218,100. If we break it down further, the land itself was valued at $25,100. Improvements to the property, however, were assessed at a total of $193,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1974
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 625
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 22,128
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 1,410
  • Total Building Area: 2,601
  • Gross Building Area: 2,601
  • Building Area: 1,976
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,976
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BRAEMOOR ADD
  • Land Acres: 0.508
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BRAEMOOR ADD PT L37 & PT L38 BEG NW COR L38 NE68.69FT SERLY 180.94FT SWRLY 148.82FT NW 136FTNW 58FT TO BEG

Ownership

  • Current Owner : DAVIS SETH
  • Previous Owner : REEVES MARCIA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380402

Geography

  • Assessors Map Reference: 2447-D5
  • District: 0005
  • Section: 330
  • Parcel: 49-10-33-130-040.000-500
  • Lot: 37
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.7025
  • Longitude: -86.0991

    Address

  • Full Address: 3918 Meridee Dr
  • Address - House Number: 3918
  • Address - Street Name: Meridee
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C057
  • 4-Digit Zip Code: 1456
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 1,976
  • Tax Year: 2022
  • Tax Amount: $2,809
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 272,976
  • High Value: 333,377
  • Low Value: 212,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,704
  • First Open Lien Mortgage Lender: CENTIER BANK
  • First Open Lien Mortgage Recording Date: Jul 31, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $174,704
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $218,100
  • Market Land Value: $25,100
  • Market Improvement Value: $193,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,100
  • Assessed Land Value: $25,100
  • Assessed Improvements Value: $193,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2019
  • Current Sale Recording Date: Jul 31, 2019
  • Current Sale Transaction ID: 11633551647
  • Current Sale Price: $178,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900071524

    Last Sale Mortgage

  • First Mortgage Lender: CENTIER BANK
  • First Mortgage Transaction Date: Jul 31, 2019
  • First Mortgage Loan Amount: $174,704
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About I65-South Emerson



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Nearby Rentals

Unit for rent at

$1,071 /mo

  • 1 Bed
  • 1 Bath
  • 825 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 3918 Meridee Drive located in?
The 3918 Meridee Drive is a house located in the neighborhood of I65-South Emerson in I65-South Emerson, Indianapolis.
What is the average sales price for listings in 3918 Meridee Drive?
The average sales price for units in 3918 Meridee Drive is $179,900 , or $91/sqft. currently.

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