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4226 Busy Bee Lane

4226 Busy Bee Lane, Indianapolis, IN 46237
Sold Aug 10, 2018
$150,000
$120,000 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2048
Sold Nov 29, 2005
Transfer
4226 Busy Bee Lane 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 1984. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 4226 Busy Bee Lane has 1,299 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 970 ft and the linear feet between the front and back of the lot is 1,540. In total, the area measurement of the land is 14,941 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. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 460 sqft. There are a total of 4 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 no air conditioning. As for heating, the home is utilizing a central heating system. 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, 4226 Busy Bee Lane sold most recently in Aug 8, 2018 for a total of $150,000. If you work out the math, that's approximately a cost of $85.28 per sqft. 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 $2,671 in taxes each year. 4226 Busy Bee Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $202,200. If we break it down further, the land itself was valued at $34,500. Improvements to the property, however, were assessed at a total of $167,700. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • 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: 460
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 14,941
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 970
  • Total Building Area: 1,759
  • Gross Building Area: 1,759
  • Building Area: 1,299
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,299
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: PATTERSON KNOLL TOP 3RD SEC
  • Land Acres: 0.343
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PATTERSON KNOLL TOP 3RD SEC L73

Ownership

  • Current Owner : FERGUSON JOHN E
  • Previous Owner : HINES TIMOTHY J
  • Owner Before Previous Owner: CLARK DAVID P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380902

Geography

  • Assessors Map Reference: 2556-E2
  • District: 0005
  • Section: 9014004
  • Parcel: 49-15-09-102-034.000-500
  • Lot: 73
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6775
  • Longitude: -86.0947

    Address

  • Full Address: 4226 Busy Bee Ln
  • Address - House Number: 4226
  • Address - Street Name: Busy Bee
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C012
  • 4-Digit Zip Code: 2803
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 1,299
  • Tax Year: 2022
  • Tax Amount: $2,671
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 263,594
  • High Value: 318,472
  • Low Value: 208,716

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 10, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2048

    Market Valuation

  • Market Total Value: $202,200
  • Market Land Value: $34,500
  • Market Improvement Value: $167,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,200
  • Assessed Land Value: $34,500
  • Assessed Improvements Value: $167,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 08, 2018
  • Current Sale Recording Date: Aug 10, 2018
  • Current Sale Transaction ID: 11507044235
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800080141
  • Previous Sale Recording Date: Nov 29, 2005
  • Previous Sale Contract Date: Aug 19, 2005
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Aug 10, 2018
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About I65-South Emerson



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Frequently Asked Questions

What neighborhood is 4226 Busy Bee Lane located in?
The 4226 Busy Bee Lane is a house located in the neighborhood of I65-South Emerson in I65-South Emerson, Indianapolis.
What is the average sales price for listings in 4226 Busy Bee Lane?
The average sales price for units in 4226 Busy Bee Lane is $0 currently.

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