Check Availability

5528 Grassy Bank Drive

5528 Grassy Bank Drive, Indianapolis, IN 46237
House in Galludet
Sold Aug 10, 2018
$165,000
$160,000 by Bailey & Wood Financial Group
Mortgage Due Apr 01, 2051
Sold Aug 03, 2018
$165,000
5528 Grassy Bank Drive in Indianapolis, IN was first built in 2004 and is 20 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5528 Grassy Bank Drive has 1,704 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. In total, the area measurement of the land is 6,622 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 none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 378 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. 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, 5528 Grassy Bank Drive sold most recently in Aug 3, 2018 for a total of $165,000. If you work out the math, that's approximately a cost of $79.25 per sqft. Before that, the property was also sold for $165,000 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 $2,263 in taxes each year. 5528 Grassy Bank Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $215,600. If we break it down further, the land itself was valued at $28,100. Improvements to the property, however, were assessed at a total of $187,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2004
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 378
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,622
  • Total Building Area: 2,082
  • Gross Building Area: 2,082
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: WATERS EDGE AT CUMMINS FARM SEC 3
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WATERS EDGE AT CUMMINS FARM SEC 3 L 225

Ownership

  • Current Owner : RESLER CHARLES
  • Current Owner 2: RESLER AMY
  • Previous Owner : ALKIRE KYLEIGH
  • Owner Before Previous Owner: KYLEIGH ALKIRE
  • 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: 49-15-02-121-046.000-300
  • Lot: 225
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.6876
  • Longitude: -86.0466

    Address

  • Full Address: 5528 Grassy Bank Dr
  • Address - House Number: 5528
  • Address - Street Name: Grassy Bank
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R085
  • 4-Digit Zip Code: 8498
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 1,704
  • Tax Year: 2022
  • Tax Amount: $2,263
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 283,126
  • High Value: 345,773
  • Low Value: 220,479

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Apr 05, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $160,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $215,600
  • Market Land Value: $28,100
  • Market Improvement Value: $187,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,600
  • Assessed Land Value: $28,100
  • Assessed Improvements Value: $187,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 03, 2018
  • Current Sale Recording Date: Aug 10, 2018
  • Current Sale Transaction ID: 11507073662
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800080271
  • Previous Sale Recording Date: Aug 03, 2018
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Mortgage Transaction Date: Aug 10, 2018
  • First Mortgage Loan Amount: $148,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 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 5528 Grassy Bank Drive located in?
The 5528 Grassy Bank Drive is a house located in the neighborhood of Galludet in Galludet, Indianapolis.
What is the average sales price for listings in 5528 Grassy Bank Drive?
The average sales price for units in 5528 Grassy Bank Drive is $0 currently.

Quantcast