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4043 Shadow Pointe Lane

4043 Shadow Pointe Lane, Indianapolis, IN 46254
Sold Feb 16, 2022
$278,200
$262,163 by American Neighborhood Mortgage
Mortgage Due Mar 01, 2052
Sold Aug 31, 2018
$127,051
Local assessors in Indianapolis, IN have categorized 4043 Shadow Pointe Lane as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 13,634 square feet. The linear feet between the front and back of the lot was measured at 1,840 ft and the front of the lot was measured at 740 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4043 Shadow Pointe Lane has a total of 2,596 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,008 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 4043 Shadow Pointe Lane sold most recently in Feb 9, 2022 for a total of $278,200. If you work out the math, that's approximately a cost of $69.48 per sqft. Before that, the property was also sold for $127,051 in Aug 20, 2018. 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 $1,964 in taxes each year. The initial year of tax delinquency occurred in 2020. 4043 Shadow Pointe Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $236,700. If we break it down further, the land itself was valued at $34,600. Improvements to the property, however, were assessed at a total of $202,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

Vinyl Siding

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,008
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,634
  • Lot Size Depth Feet: 1,840
  • Lot Size Frontage Feet: 740
  • Total Building Area: 4,004
  • Gross Building Area: 4,004
  • Building Area: 2,596
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,596
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHADOW POINTE
  • Land Acres: 0.313
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SHADOW POINTE L82

Ownership

  • Current Owner : BOYD NAKEITA
  • Previous Owner : EMJ HOMES LLC
  • Owner Before Previous Owner: BANK OF NEW YORK MELLON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pike Township Metropolitan School District
  • Census Tract: 310311

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2118-A7
  • District: 0006
  • Section: 8016003
  • Parcel: 49-06-08-107-087.000-600
  • Lot: 82
  • Meridian: SEC 08 TWN 16N RNG 03
  • Municipality: PIKE TOWNSHIP
  • Latitude: 39.8391
  • Longitude: -86.2297

    Address

  • Full Address: 4043 Shadow Pointe Ln
  • Address - House Number: 4043
  • Address - Street Name: Shadow Pointe
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C093
  • 4-Digit Zip Code: 3754
  • Zip Code: 46254

Valuation

    Tax

  • Total Area: 3,604
  • Tax Year: 2022
  • Tax Amount: $1,964
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 306,135
  • High Value: 373,648
  • Low Value: 238,621

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $278,183
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 16, 2022
  • First Open Lien Mortgage Loan Amount: $262,163
  • 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: Mar 01, 2052
  • Second Open Lien Mortgage Lender: INDIANA HOUSING AND COMMUNITY
  • Second Open Lien Mortgage Recording Date: Feb 16, 2022
  • Second Open Lien Mortgage Loan Amount: $16,020
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $236,700
  • Market Land Value: $34,600
  • Market Improvement Value: $202,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,700
  • Assessed Land Value: $34,600
  • Assessed Improvements Value: $202,100

    Sales

  • Current Sale Contract Date: Feb 09, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Transaction ID: 11879951417
  • Current Sale Price: $278,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19978
  • Previous Sale Recording Date: Aug 31, 2018
  • Previous Sale Contract Date: Aug 20, 2018
  • Previous Sale Amount: $127,051
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MORTGAGE
  • First Mortgage Transaction Date: Feb 16, 2022
  • First Mortgage Loan Amount: $262,163
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2052
  • Second Mortgage Lender: INDIANA HOUSING AND COMMUNITY
  • Second Mortgage Transaction Date: Feb 16, 2022
  • Second Mortgage Loan Amount: $16,020
  • Second Mortgage Terms: 107
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Feb 10, 2031

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Frequently Asked Questions

What neighborhood is 4043 Shadow Pointe Lane located in?
The 4043 Shadow Pointe Lane is a house located in the neighborhood of Snacks - Guion Creek in Snacks - Guion Creek, Indianapolis.
What is the average sales price for listings in 4043 Shadow Pointe Lane?
The average sales price for units in 4043 Shadow Pointe Lane is $0 currently.

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