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5620 Sarton Lane

5620 Sarton Lane, Indianapolis, IN 46221
Sold Sep 27, 2019
$116,500
$93,200 by Bailey & Wood Financial Group
Mortgage Due Oct 01, 2049
Sold Jan 16, 2019
$95,000
$76,000 by Plaza Home Mortgage Bank
Mortgage
5620 Sarton Lane in Indianapolis, IN was first built in 1990 and is 34 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5620 Sarton Lane has 1,206 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 760 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 10,193 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. 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 attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. 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 D. The condition of the building has been evaluated as fair. 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 heat pump. 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, 5620 Sarton Lane sold most recently in Sep 19, 2019 for a total of $116,500. If you work out the math, that's approximately a cost of $72.54 per sqft. Before that, the property was also sold for $95,000 in Jan 2, 2019. 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 $1,811 in taxes each year. 5620 Sarton Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $173,900. If we break it down further, the land itself was valued at $14,900. Improvements to the property, however, were assessed at a total of $159,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1990
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 10,193
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,606
  • Gross Building Area: 1,606
  • Building Area: 1,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,206
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PHEASANT RUN 5TH SEC
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PHEASANT RUN 5TH SEC L 281

Ownership

  • Current Owner : ANGULO MIGUEL LOPEZ
  • Previous Owner : WOLFE ROBERTA M
  • Owner Before Previous Owner: EGGERS MATTHEW G
  • Owner Before Previous Owner 2: WOLFE ROBERTA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2553-B3
  • District: 0002
  • Section: 120
  • Parcel: 49-13-12-124-025.000-200
  • Lot: 281
  • Municipality: DECATUR TOWNSHIP
  • Latitude: 39.6693
  • Longitude: -86.2592

    Address

  • Full Address: 5620 Sarton Ln
  • Address - House Number: 5620
  • Address - Street Name: Sarton
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R046
  • 4-Digit Zip Code: 4846
  • Zip Code: 46221

Valuation

    Tax

  • Total Area: 1,206
  • Tax Year: 2022
  • Tax Amount: $1,811
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 227,404
  • High Value: 278,510
  • Low Value: 176,298

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $93,200
  • First Open Lien Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Sep 27, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $93,200
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $173,900
  • Market Land Value: $14,900
  • Market Improvement Value: $159,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,900
  • Assessed Land Value: $14,900
  • Assessed Improvements Value: $159,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Transaction ID: 11657494318
  • Current Sale Price: $116,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900094846
  • Previous Sale Recording Date: Jan 16, 2019
  • Previous Sale Contract Date: Jan 02, 2019
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Mortgage Transaction Date: Sep 27, 2019
  • First Mortgage Loan Amount: $93,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PLAZA HOME MORTGAGE BANK
  • Previous Mortgage Transaction Date: Jan 16, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $76,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Valley Mills



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House at 5620 Sarton Lane,

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Nearby Rentals

Unit for rent at

$1,395 /mo

  • 3 Beds
  • 2 Baths
  • 1,319 ft²
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Unit for rent at

$1,235 /mo

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  • 2 Baths
  • 2,384 ft²
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Frequently Asked Questions

What neighborhood is 5620 Sarton Lane located in?
The 5620 Sarton Lane is a house located in the neighborhood of Valley Mills in Valley Mills, Indianapolis.
What is the average sales price for listings in 5620 Sarton Lane?
The average sales price for units in 5620 Sarton Lane is $114,900 , or $95/sqft. currently.

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