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5343 Lily Pad Lane

5343 Lily Pad Lane, Indianapolis, IN 46237
House in Galludet
Sold May 03, 2019
$185,000
$178,548 by Freedom Mortgage
Mortgage Due Aug 01, 2049
Sold Jul 27, 2005
$144,500
$115,584 by Usaa Fsb
Mortgage Due Aug 01, 2035
5343 Lily Pad 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 2005 and is 19 years old. The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5343 Lily Pad Lane has 2,445 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,843 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 483 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 brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C 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, 5343 Lily Pad Lane was last sold in Apr 26, 2019 for $185,000. According to our calculations, that's $63.18 per sqft. Prior to that sales transaction, the property was sold for $144,500 in Jul 7, 2005. Current property owners are expected to pay $2,607 in taxes per year. The property on 5343 Lily Pad Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $249,400. To break that down further, the land itself was valued at $31,900. While improvements to the property were assessed at a total of $217,500. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,843
  • Total Building Area: 2,928
  • Gross Building Area: 2,928
  • Building Area: 2,445
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,445
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WATERS EDGE AT CUMMINS FARM SEC 1
  • Land Acres: 0.203
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WATERS EDGE AT CUMMINS FARM SEC 1 L 81

Ownership

  • Current Owner : HUNDERTMARK THAD
  • Previous Owner : LARAMORE SHANE M
  • Previous Owner 2: LARAMORE BARBARA J
  • Owner Before Previous Owner: C P MORGAN COMMUNITIES LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township Community School Corporation
  • Census Tract: 390408

Geography

  • Assessors Map Reference: 2448-E7
  • District: 0003
  • Section: 2014004
  • Parcel: 49-15-02-109-069.000-300
  • Lot: 81
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.6902
  • Longitude: -86.046

    Address

  • Full Address: 5343 Lily Pad Ln
  • Address - House Number: 5343
  • Address - Street Name: Lily Pad
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R085
  • 4-Digit Zip Code: 8492
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 2,445
  • Tax Year: 2022
  • Tax Amount: $2,607
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 313,219
  • High Value: 383,611
  • Low Value: 242,826

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $178,548
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $178,548
  • First Open Lien Mortgage Term: 341
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $249,400
  • Market Land Value: $31,900
  • Market Improvement Value: $217,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,400
  • Assessed Land Value: $31,900
  • Assessed Improvements Value: $217,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: May 03, 2019
  • Current Sale Transaction ID: 11607053396
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900039090
  • Previous Sale Recording Date: Jul 27, 2005
  • Previous Sale Contract Date: Jul 07, 2005
  • Previous Sale Amount: $144,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: May 03, 2019
  • First Mortgage Loan Amount: $179,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Jul 27, 2005
  • Previous Mortgage Loan Amount: $115,584
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Galludet



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Frequently Asked Questions

What neighborhood is 5343 Lily Pad Lane located in?
The 5343 Lily Pad Lane is a house located in the neighborhood of Galludet in Galludet, Indianapolis.
What is the average sales price for listings in 5343 Lily Pad Lane?
The average sales price for units in 5343 Lily Pad Lane is $0 currently.

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