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3937 Arborcrest Drive

3937 Arborcrest Drive, Indianapolis, IN 46226
Property in Far Eastside
Sold Dec 09, 2020
$84,500
$82,968 by Union Home Mortgage Corp
Mortgage
Sold Sep 23, 2020
Transfer
3937 Arborcrest Drive in Indianapolis, IN was first built in 1961 and is 63 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. It is a single story home. 3937 Arborcrest Drive has 1,987 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 670 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 8,059 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 none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 200 sqft. There is one available parking space. 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 frame 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 fair. 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. The property was last sold in Nov 13, 2020 for $84,500. That's $38.64 per sqft. 3937 Arborcrest Drive was last assessed in 2023. The total value of the property was assessed at $96,100. Specifically, the land the property is located on was valued at $9,700. While improvements on the property were assessed at a total of $86,400. 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 $784. 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. 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: 1961
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • 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: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,059
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 670
  • Total Building Area: 2,187
  • Gross Building Area: 2,187
  • Building Area: 1,987
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,987
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: NORTH EASTWOOD SEC 7
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: NORTH EASTWOOD 7TH SEC L76

Ownership

  • Current Owner : FOMBY TAYLOR N
  • Previous Owner : CANDAN TRUST
  • Owner Before Previous Owner: EASTWOOD EQUITY TRUST CO CUSTODIAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 330806

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2231-C2
  • District: 0004
  • Section: 180
  • Parcel: 49-08-18-110-085.000-401
  • Lot: 76
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.8283
  • Longitude: -86.021

    Address

  • Full Address: 3937 Arborcrest Dr
  • Address - House Number: 3937
  • Address - Street Name: Arborcrest
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C034
  • 4-Digit Zip Code: 5417
  • Zip Code: 46226

Valuation

    Tax

  • Total Area: 1,987
  • Tax Year: 2022
  • Tax Amount: $784
  • Tax Rate Code Area: 401

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 152,366
  • High Value: 186,608
  • Low Value: 118,123

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,968
  • First Open Lien Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 09, 2020
  • First Open Lien Mortgage Loan Amount: $82,968
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $96,100
  • Market Land Value: $9,700
  • Market Improvement Value: $86,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,100
  • Assessed Land Value: $9,700
  • Assessed Improvements Value: $86,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Dec 09, 2020
  • Current Sale Transaction ID: 11815731984
  • Current Sale Price: $84,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A202000145639
  • Previous Sale Recording Date: Sep 23, 2020
  • Previous Sale Contract Date: May 12, 2017
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 09, 2020
  • First Mortgage Loan Amount: $82,968
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Far Eastside



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Frequently Asked Questions

What neighborhood is 3937 Arborcrest Drive located in?
The 3937 Arborcrest Drive is a located in the neighborhood of Far Eastside in Far Eastside, Indianapolis.
What is the average sales price for listings in 3937 Arborcrest Drive?
The average sales price for units in 3937 Arborcrest Drive is $0 currently.

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