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5281 Arapaho Way

5281 Arapaho Way, Carmel, IN 46033
Sold Feb 19, 2020
$540,000
$432,000 by The State Bank & Trust Co
Mortgage Due Mar 01, 2050
Sold Jun 25, 2010
Transfer
5281 Arapaho Way has been categorized by the local assessors in Carmel, IN as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5281 Arapaho Way has 4,083 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 2,722 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 1,520 ft. The area measurement of the land has been determined as 20,909 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

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 1,824 sqft. According to our sources, there are a total of 6 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 brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A 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 none system. The property was last sold in Feb 14, 2020 for $540,000. That's $74.30 per sqft. 5281 Arapaho Way was last assessed in 2023. The total value of the property was assessed at $676,300. Specifically, the land the property is located on was valued at $169,100. While improvements on the property were assessed at a total of $507,200. 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 $7,219. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Building Style: Unknown
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 2,722
  • Garage Type: Attached
  • Garage Square Area: 1,824
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,520
  • Total Building Area: 7,268
  • Gross Building Area: 7,268
  • Building Area: 4,083
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,083
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: DELAWARE TRACE SECTION 3
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ACREAGE .48, SECTION 22, TOWNSHIP 18, RANGE 4, DELAWARE TRACE, SECTION 3, LOT 161, IRREGULAR SHAPE

Ownership

  • Current Owner : LARSON DIANE K
  • Previous Owner : LAWRENCE CHESTER A
  • Previous Owner 2: LAWRENCE SARAH E
  • Owner Before Previous Owner: TILLEMA NICK A
  • Owner Before Previous Owner 2: TILLEMA BARBARA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Carmel Clay Schools
  • Census Tract: 110911

Geography

  • District: 0017
  • Parcel: 29-10-22-010-019.000-018
  • Block: 3
  • Lot: 161
  • Meridian: SEC 22 TWN 18 RNG 04
  • Municipality: DELAWARE TOWNSHIP
  • Latitude: 39.9874
  • Longitude: -86.0655

    Address

  • Full Address: 5281 Arapaho Way
  • Address - House Number: 5281
  • Address - Street Name: Arapaho
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Carmel
  • Carrier Code: R030
  • 4-Digit Zip Code: 8843
  • Zip Code: 46033

Valuation

    Tax

  • Total Area: 5,444
  • Tax Year: 2022
  • Tax Amount: $7,219
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 786,364
  • High Value: 929,955
  • Low Value: 642,773

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $432,000
  • First Open Lien Mortgage Lender: THE STATE BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Feb 19, 2020
  • First Open Lien Mortgage Loan Amount: $432,000
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $676,300
  • Market Land Value: $169,100
  • Market Improvement Value: $507,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $676,300
  • Assessed Land Value: $169,100
  • Assessed Improvements Value: $507,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 14, 2020
  • Current Sale Recording Date: Feb 19, 2020
  • Current Sale Transaction ID: 11742879315
  • Current Sale Price: $540,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020008871
  • Previous Sale Recording Date: Jun 25, 2010
  • Previous Sale Contract Date: Jun 09, 2010
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE STATE BANK & TRUST CO
  • First Mortgage Transaction Date: Feb 19, 2020
  • First Mortgage Loan Amount: $432,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

About Delaware Trace



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Frequently Asked Questions

What neighborhood is 5281 Arapaho Way located in?
The 5281 Arapaho Way is a house located in the neighborhood of Delaware Trace in Delaware Trace, Carmel.
What is the average sales price for listings in 5281 Arapaho Way?
The average sales price for units in 5281 Arapaho Way is $0 currently.

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