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4040 Dundee Drive

4040 Dundee Drive, Indianapolis, IN 46237
Sold Aug 21, 2020
$250,000
$170,000 by Fairway Independent Mtg Corp
Mortgage Due May 01, 2036
4040 Dundee Drive in Indianapolis, IN was first built in 1969 and is 55 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4040 Dundee Drive has 3,120 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 basement is 1,200 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 1,460 ft and the linear feet between the front and back of the lot is 2,440. In total, the area measurement of the land is 35,632 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 a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 576 sqft. There are a total of 6 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 brick 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4040 Dundee Drive was last sold in Aug 18, 2020 for $250,000. According to our calculations, that's $59.87 per sqft. Current property owners are expected to pay $4,747 in taxes per year. The property on 4040 Dundee Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $331,800. To break that down further, the land itself was valued at $28,100. While improvements to the property were assessed at a total of $303,700. 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 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.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
Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,200
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 35,632
  • Lot Size Depth Feet: 2,440
  • Lot Size Frontage Feet: 1,460
  • Total Building Area: 4,176
  • Gross Building Area: 4,176
  • Building Area: 3,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BRAEMOOR ADD
  • Land Acres: 0.818
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BRAEMOOR ADD L19 & L18 EXCEPT HWY

Ownership

  • Current Owner : PITTMAN JASON D
  • Previous Owner : STOBAUGH MARK E
  • Previous Owner 2: STOBAUGH CHERYL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380404

Geography

  • Assessors Map Reference: 2447-D5
  • District: 0005
  • Section: 330
  • Parcel: 49-10-33-130-034.000-500
  • Lot: 19
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.7045
  • Longitude: -86.0971

    Address

  • Full Address: 4040 Dundee Dr
  • Address - House Number: 4040
  • Address - Street Name: Dundee
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C057
  • 4-Digit Zip Code: 1324
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 3,600
  • Tax Year: 2022
  • Tax Amount: $4,747
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 73
  • Final Value: 342,106
  • High Value: 409,977
  • Low Value: 274,235

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: May 04, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $331,800
  • Market Land Value: $28,100
  • Market Improvement Value: $303,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,800
  • Assessed Land Value: $28,100
  • Assessed Improvements Value: $303,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Transaction ID: 11788171107
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000091602

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Aug 21, 2020
  • First Mortgage Loan Amount: $245,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 4040 Dundee Drive located in?
The 4040 Dundee Drive is a house located in the neighborhood of The Timbers of Indianapolis in University Heights, Indianapolis.
What is the average sales price for listings in 4040 Dundee Drive?
The average sales price for units in 4040 Dundee Drive is $0 currently.

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