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3943 Forest Rise Lane

3943 Forest Rise Lane, Indianapolis, IN 46203
House in Beech Grove
Sold Feb 22, 2022
Transfer
Sold Dec 31, 2019
$165,000
$132,000 by Federal Savings Bank
Mortgage
3943 Forest Rise Lane 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 1999 and is 25 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. 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, 3943 Forest Rise Lane has 1,592 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,754 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 492 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 central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $165,000 in Dec 13, 2019. Current property owners are expected to pay $2,433 in taxes per year. The property on 3943 Forest Rise Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $172,100. To break that down further, the land itself was valued at $25,200. While improvements to the property were assessed at a total of $146,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1999
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 9
  • 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: 492
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,754
  • Total Building Area: 2,084
  • Gross Building Area: 2,084
  • Building Area: 1,592
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,592
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODS AT BEECH GROVE SEC 3
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: THE WOODS AT BEECH GROVE SEC 3 LOT 73

Ownership

  • Current Owner : EDWARDS JOSHUA
  • Previous Owner : WATERMAN CYNTHIA M
  • Owner Before Previous Owner: C0BB AMY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Beech Grove City Schools
  • Census Tract: 390102

Geography

  • Assessors Map Reference: 2448-B4
  • District: 0003
  • Section: 270
  • Parcel: 49-10-27-106-023.000-302
  • Lot: 73
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.71
  • Longitude: -86.0723

    Address

  • Full Address: 3943 Forest Rise Ln
  • Address - House Number: 3943
  • Address - Street Name: Forest Rise
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R022
  • 4-Digit Zip Code: 6051
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,592
  • Tax Year: 2022
  • Tax Amount: $2,433
  • Tax Rate Code Area: 302

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 251,398
  • High Value: 309,287
  • Low Value: 193,509

    Market Valuation

  • Market Total Value: $172,100
  • Market Land Value: $25,200
  • Market Improvement Value: $146,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,100
  • Assessed Land Value: $25,200
  • Assessed Improvements Value: $146,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Feb 22, 2022
  • Current Sale Transaction ID: 11880116987
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21863
  • Previous Sale Recording Date: Dec 31, 2019
  • Previous Sale Contract Date: Dec 13, 2019
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Dec 31, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $132,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Beech Grove



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Nearby Rentals

Unit for rent at 3840 Churchman Woods Boulevard, Indianapolis, IN, 46203

$1,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,252 ft²
3840 Churchman Woods Boulevard, Indianapolis, IN, 46203 Listing by Tyler Halcomb

Frequently Asked Questions

What neighborhood is 3943 Forest Rise Lane located in?
The 3943 Forest Rise Lane is a house located in the neighborhood of Beech Grove in Beech Grove, Indianapolis.
What is the average sales price for listings in 3943 Forest Rise Lane?
The average sales price for units in 3943 Forest Rise Lane is $0 currently.

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