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5511 Sweet River Drive

5511 Sweet River Drive, Indianapolis, IN 46221
Property in Valley Mills
Sold Jul 06, 2009
$126,900
$125,190 by Bank Of America Na
Mortgage Due Jul 01, 2039
5511 Sweet River Drive in Indianapolis, IN was first built in 2008 and is 16 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5511 Sweet River Drive has 1,728 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. The linear feet across the front of the lot is 570 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 6,839 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 carport. The garage is 420 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5511 Sweet River Drive sold most recently in Jun 26, 2009 for a total of $126,900. If you work out the math, that's approximately a cost of $73.44 per sqft. 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 $2,397 in taxes each year. 5511 Sweet River Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $227,100. If we break it down further, the land itself was valued at $16,400. Improvements to the property, however, were assessed at a total of $210,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 420
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,839
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIVER RUN SEC 8
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: RIVER RUN SEC 8 L753

Ownership

  • Current Owner : JAMES ROBERT L
  • Current Owner 2: SULLIVAN JEANNE M
  • Previous Owner : BEAZER HOMES INDIANA LLP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Decatur Township Metropolitan School District
  • Census Tract: 370306

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2553-B1
  • District: 0002
  • Section: 1014002
  • Parcel: 49-13-01-108-001.000-200
  • Lot: 753
  • Municipality: DECATUR TOWNSHIP
  • Latitude: 39.6845
  • Longitude: -86.2549

    Address

  • Full Address: 5511 Sweet River Dr
  • Address - House Number: 5511
  • Address - Street Name: Sweet River
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R034
  • 4-Digit Zip Code: 4686
  • Zip Code: 46221

Valuation

    Tax

  • Total Area: 1,728
  • Tax Year: 2022
  • Tax Amount: $2,397
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 270,257
  • High Value: 330,994
  • Low Value: 209,520

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,190
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jul 06, 2009
  • First Open Lien Mortgage Loan Amount: $125,190
  • 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: Jul 01, 2039

    Market Valuation

  • Market Total Value: $227,100
  • Market Land Value: $16,400
  • Market Improvement Value: $210,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,100
  • Assessed Land Value: $16,400
  • Assessed Improvements Value: $210,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2009
  • Current Sale Recording Date: Jul 06, 2009
  • Current Sale Transaction ID: 1179725377
  • Current Sale Price: $126,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2009-0075753

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jul 06, 2009
  • First Mortgage Loan Amount: $125,190
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2039

About Valley Mills



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Frequently Asked Questions

What neighborhood is 5511 Sweet River Drive located in?
The 5511 Sweet River Drive is a located in the neighborhood of Valley Mills in Valley Mills, Indianapolis.
What is the average sales price for listings in 5511 Sweet River Drive?
The average sales price for units in 5511 Sweet River Drive is $0 currently.

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