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5449 Carew Lane

5449 Carew Lane, Indianapolis, IN 46221
Sold May 14, 2020
$174,000
$170,848 by Quicken Loans Inc
Mortgage
Sold Dec 18, 2014
$104,900
$89,850 by Fifth Third Mortgage Co
Mortgage Due Jan 01, 2030
Local assessors in Indianapolis, IN have categorized 5449 Carew Lane as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 11,848 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 740 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5449 Carew Lane has a total of 1,746 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 5449 Carew Lane sold most recently in May 8, 2020 for a total of $174,000. If you work out the math, that's approximately a cost of $81.08 per sqft. Before that, the property was also sold for $104,900 in Dec 5, 2014. 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 $2,305 in taxes each year. 5449 Carew Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $224,900. If we break it down further, the land itself was valued at $15,600. Improvements to the property, however, were assessed at a total of $209,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,848
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 740
  • Total Building Area: 2,146
  • Gross Building Area: 2,146
  • Building Area: 1,746
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,746
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PHEASANT RUN SEC 9
  • Land Acres: 0.272
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PHEASANT RUN SEC 9 L460

Ownership

  • Current Owner : DAVIS AARON
  • Previous Owner : TERRY KRISTENA M
  • Owner Before Previous Owner: HOLDAWAY BRANDI BROOKE LEE
  • Owner Before Previous Owner 2: LEE BRANDI BROOKE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Decatur Township Metropolitan School District
  • Census Tract: 370305

Geography

  • Assessors Map Reference: 2553-C3
  • District: 0002
  • Section: 120
  • Parcel: 49-13-12-100-026.000-200
  • Lot: 460
  • Municipality: DECATUR TOWNSHIP
  • Latitude: 39.6655
  • Longitude: -86.2547

    Address

  • Full Address: 5449 Carew Ln
  • Address - House Number: 5449
  • Address - Street Name: Carew
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R080
  • 4-Digit Zip Code: 4656
  • Zip Code: 46221

Valuation

    Tax

  • Total Area: 1,746
  • Tax Year: 2022
  • Tax Amount: $2,305
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2641
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 267,753
  • High Value: 338,468
  • Low Value: 197,039

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $220,848
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 14, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $170,848
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: FORUM CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Feb 14, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 203
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2040

    Market Valuation

  • Market Total Value: $224,900
  • Market Land Value: $15,600
  • Market Improvement Value: $209,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,900
  • Assessed Land Value: $15,600
  • Assessed Improvements Value: $209,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 08, 2020
  • Current Sale Recording Date: May 14, 2020
  • Current Sale Transaction ID: 11762103653
  • Current Sale Price: $174,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000048622
  • Previous Sale Recording Date: Dec 18, 2014
  • Previous Sale Contract Date: Dec 05, 2014
  • Previous Sale Amount: $104,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 14, 2020
  • First Mortgage Loan Amount: $170,848
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 18, 2014
  • Previous Mortgage Loan Amount: $89,850
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2030

About Valley Mills



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Frequently Asked Questions

What neighborhood is 5449 Carew Lane located in?
The 5449 Carew Lane is a house located in the neighborhood of Valley Mills in Valley Mills, Indianapolis.
What is the average sales price for listings in 5449 Carew Lane?
The average sales price for units in 5449 Carew Lane is $179,900 , or $103/sqft. currently.

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