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4122 Gamay Lane

4122 Gamay Lane, Indianapolis, IN 46254
House in Eagle Creek
Sold Apr 22, 2021
$175,800
$140,650 by Ruoff Mortgage Co Inc
Mortgage
Sold Dec 26, 2018
$101,500
$100,152 by Amerifirst Financial Inc
Mortgage
4122 Gamay 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 1986 and is 38 years old. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4122 Gamay Lane has 1,159 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,030 ft and across the front of the lot is 420 ft. The area measurement of the land has been determined as 4,312 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 441 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 other control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B 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. There is a single fireplace in the home. Perfect for those wintery nights. 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. Based on our sources, 4122 Gamay Lane was last sold in Mar 23, 2021 for $175,800. According to our calculations, that's $109.88 per sqft. Prior to that sales transaction, the property was sold for $101,500 in Dec 26, 2018. Current property owners are expected to pay $1,566 in taxes per year. The property on 4122 Gamay Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $161,100. To break that down further, the land itself was valued at $31,200. While improvements to the property were assessed at a total of $129,900. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Other
  • 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: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,312
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,159
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,159
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SONOMA SEC FOUR
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SONOMA SEC FOUR L28

Ownership

  • Current Owner : MONROY MIGUEL E
  • Previous Owner : SANABRIA MARIO ROLANDO HERNANDEZ
  • Owner Before Previous Owner: BUCHANAN DORRIS B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pike Township Metropolitan School District
  • Census Tract: 310111

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2225-E2
  • District: 0006
  • Section: 140
  • Parcel: 49-05-14-117-005.000-600
  • Lot: 28
  • Meridian: SEC 14 TWN 16N RNG 02
  • Municipality: PIKE TOWNSHIP
  • Latitude: 39.8291
  • Longitude: -86.2851

    Address

  • Full Address: 4122 Gamay Ln
  • Address - House Number: 4122
  • Address - Street Name: Gamay
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C087
  • 4-Digit Zip Code: 2645
  • Zip Code: 46254

Valuation

    Tax

  • Total Area: 1,159
  • Tax Year: 2022
  • Tax Amount: $1,566
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 222,968
  • High Value: 273,917
  • Low Value: 172,018

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,650
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Apr 22, 2021
  • First Open Lien Mortgage Loan Amount: $140,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $161,100
  • Market Land Value: $31,200
  • Market Improvement Value: $129,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,100
  • Assessed Land Value: $31,200
  • Assessed Improvements Value: $129,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Apr 22, 2021
  • Current Sale Transaction ID: 11835290387
  • Current Sale Price: $175,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100053548
  • Previous Sale Recording Date: Dec 26, 2018
  • Previous Sale Contract Date: Dec 26, 2018
  • Previous Sale Amount: $101,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Mortgage Transaction Date: Apr 22, 2021
  • First Mortgage Loan Amount: $140,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: AMERIFIRST FINANCIAL INC
  • Previous Mortgage Transaction Date: Dec 26, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $100,152
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Eagle Creek



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3643 Reflections Lane #4, Indianapolis, IN, 46256 Listing by Evona Watson

Frequently Asked Questions

What neighborhood is 4122 Gamay Lane located in?
The 4122 Gamay Lane is a house located in the neighborhood of Eagle Creek in Eagle Creek, Indianapolis.
What is the average sales price for listings in 4122 Gamay Lane?
The average sales price for units in 4122 Gamay Lane is $0 currently.

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