Check Availability

5510 Skipping Stone Drive

5510 Skipping Stone Drive, Indianapolis, IN 46237
House in Galludet
Sold Dec 29, 2017
$199,000
$195,395 by Fairway Independent Mtg Corp
Mortgage Due Jan 01, 2048
Sold Dec 21, 2017
$199,000
Local assessors in Indianapolis, IN have categorized 5510 Skipping Stone Drive as a residential type of property. The home was built in 2003 and is 21 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 8,857 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 4 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 5510 Skipping Stone Drive has a total of 3,268 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 none system. 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 380 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5510 Skipping Stone Drive sold most recently in Dec 21, 2017 for a total of $199,000. If you work out the math, that's approximately a cost of $54.55 per sqft. Before that, the property was also sold for $199,000 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,053 in taxes each year. 5510 Skipping Stone Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $293,700. If we break it down further, the land itself was valued at $37,600. Improvements to the property, however, were assessed at a total of $256,100. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,857
  • Total Building Area: 3,648
  • Gross Building Area: 3,648
  • Building Area: 3,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,268
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: WATERS EDGE AT CUMMINS FARM SEC 2
  • 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 2 L 130

Ownership

  • Current Owner : ESPINOZA JOSE
  • Current Owner 2: RODRIGUEZ CARMEN GUADALUPE
  • Previous Owner : CAMPOS PAULA
  • Owner Before Previous Owner: PAULA CAMPOS
  • 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: 49-15-02-105-060.000-300
  • Lot: 130
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.688
  • Longitude: -86.0489

    Address

  • Full Address: 5510 Skipping Stone Dr
  • Address - House Number: 5510
  • Address - Street Name: Skipping Stone
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R085
  • 4-Digit Zip Code: 5022
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 3,268
  • Tax Year: 2022
  • Tax Amount: $3,053
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 351,047
  • High Value: 408,470
  • Low Value: 293,624

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,395
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Dec 29, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $195,395
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $293,700
  • Market Land Value: $37,600
  • Market Improvement Value: $256,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,700
  • Assessed Land Value: $37,600
  • Assessed Improvements Value: $256,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2017
  • Current Sale Recording Date: Dec 29, 2017
  • Current Sale Transaction ID: 11438800050
  • Current Sale Price: $199,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201700144766
  • Previous Sale Recording Date: Dec 21, 2017
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Dec 29, 2017
  • First Mortgage Loan Amount: $195,395
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Galludet



Similar Buildings

Currently no similar buildings around

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 5510 Skipping Stone Drive located in?
The 5510 Skipping Stone Drive is a house located in the neighborhood of Galludet in Galludet, Indianapolis.
What is the average sales price for listings in 5510 Skipping Stone Drive?
The average sales price for units in 5510 Skipping Stone Drive is $0 currently.

Quantcast