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5223 Padre Lane

5223 Padre Lane, Indianapolis, IN 46237
Sold Nov 10, 2022
$190,880
Sold Nov 30, 2021
$150,900
$113,175 by Quanta Finance Llc
Mortgage Due Nov 01, 2023
5223 Padre Lane in Indianapolis, IN was first built in 1982 and is 42 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5223 Padre Lane has 1,120 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. In total, the area measurement of the land is 14,932 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 240 sqft. There is one available parking space. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. 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. The property was last sold in Nov 3, 2022 for $190,880. That's $140.35 per sqft. Prior to that sales transaction, the property was also sold in Oct 25, 2021 for $150,900. 5223 Padre Lane was last assessed in 2023. The total value of the property was assessed at $134,100. Specifically, the land the property is located on was valued at $29,800. While improvements on the property were assessed at a total of $104,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,686. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • 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: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,932
  • Total Building Area: 1,360
  • Gross Building Area: 1,360
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

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

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON ACRES NORTH PHASE 4 SEC 1
  • Land Acres: 0.343
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ARLINGTON ACRES NORTH PHASE 4 SEC 1 L 233

Ownership

  • Current Owner : ICM SFR LP
  • Previous Owner : PAC RES SPE IV LLC
  • Owner Before Previous Owner: SFR CAPITAL MIDWEST LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin Township Community School Corporation
  • Census Tract: 390411

Geography

  • Assessors Map Reference: 2448-A7
  • District: 0003
  • Section: 3014004
  • Subdivision Phase Number: 4
  • Parcel: 49-15-03-133-014.000-300
  • Lot: 233
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.6919
  • Longitude: -86.0792

    Address

  • Full Address: 5223 Padre Ln
  • Address - House Number: 5223
  • Address - Street Name: Padre
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C018
  • 4-Digit Zip Code: 2008
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 1,120
  • Tax Year: 2022
  • Tax Amount: $2,686
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 212,444
  • High Value: 262,979
  • Low Value: 161,910

    Market Valuation

  • Market Total Value: $134,100
  • Market Land Value: $29,800
  • Market Improvement Value: $104,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,100
  • Assessed Land Value: $29,800
  • Assessed Improvements Value: $104,300

    Sales

  • Current Sale Contract Date: Nov 03, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Transaction ID: 11898666390
  • Current Sale Price: $190,880
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 121925
  • Previous Sale Recording Date: Nov 30, 2021
  • Previous Sale Contract Date: Oct 25, 2021
  • Previous Sale Amount: $150,900
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: QUANTA FINANCE LLC
  • Previous Mortgage Transaction Date: Nov 30, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $113,175
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 01, 2023

About I65-South Emerson



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Nearby Rentals

Unit for rent at 5325 Lobo Drive, Indianapolis, IN, 46237

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 884 ft²
5325 Lobo Drive, Indianapolis, IN, 46237 Listing by Benjamin Tupper

Frequently Asked Questions

What neighborhood is 5223 Padre Lane located in?
The 5223 Padre 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 5223 Padre Lane?
The average sales price for units in 5223 Padre Lane is $0 currently.

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