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5638 Loudon Drive

5638 Loudon Drive, Indianapolis, IN 46235
House in Lawrence
Sold Apr 28, 2023
$277,340
$283,000 by Newrez Llc
Mortgage Due May 01, 2053
Sold Sep 22, 2020
$225,000
$213,750 by Tucker Mortgage Llc
Mortgage
5638 Loudon Drive has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 2004 and is 20 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5638 Loudon Drive has 2,310 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,706 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. The property was last sold in Apr 21, 2023 for $277,340. That's $101.59 per sqft. Prior to that sales transaction, the property was also sold in Sep 14, 2020 for $225,000. 5638 Loudon Drive was last assessed in 2023. The total value of the property was assessed at $271,900. Specifically, the land the property is located on was valued at $26,000. While improvements on the property were assessed at a total of $245,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,799. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • 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: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,706
  • Total Building Area: 2,730
  • Gross Building Area: 2,912
  • Building Area: 2,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,310
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: SPRING RUN AT WINDING RIDGE SEC 4
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SPRING RUN AT WINDING RIDGE SEC 4 L 134

Ownership

  • Current Owner : SANTIAGO ROBERTO
  • Previous Owner : COUCH MICHAEL ANTHONY
  • Previous Owner 2: COUCH JANEAN RENEE
  • Owner Before Previous Owner: OZUYENER KORKUT
  • Owner Before Previous Owner 2: OZUYENER SENAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Township Metropolitan School District
  • Census Tract: 330212

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2123-D5
  • District: 0004
  • Section: 3016005
  • Parcel: 49-08-03-103-008.007-407
  • Lot: 134
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.857
  • Longitude: -85.9669

    Address

  • Full Address: 5638 Loudon Dr
  • Address - House Number: 5638
  • Address - Street Name: Loudon
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R089
  • 4-Digit Zip Code: 6088
  • Zip Code: 46235

Valuation

    Tax

  • Total Area: 2,310
  • Tax Year: 2022
  • Tax Amount: $2,799
  • Tax Rate Code Area: 407

    Appraisal Valuation

  • Standard Deviation: 0.2495
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 290,803
  • High Value: 363,374
  • Low Value: 218,233

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,000
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Apr 28, 2023
  • First Open Lien Mortgage Loan Amount: $283,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $271,900
  • Market Land Value: $26,000
  • Market Improvement Value: $245,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,900
  • Assessed Land Value: $26,000
  • Assessed Improvements Value: $245,900

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Transaction ID: 11906197823
  • Current Sale Price: $277,340
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33184
  • Previous Sale Recording Date: Sep 22, 2020
  • Previous Sale Contract Date: Sep 14, 2020
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Apr 28, 2023
  • First Mortgage Loan Amount: $283,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: TUCKER MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 22, 2020
  • Previous Mortgage Loan Amount: $213,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 5638 Loudon Drive located in?
The 5638 Loudon Drive is a house located in the neighborhood of Lawrence in Lawrence, Indianapolis.
What is the average sales price for listings in 5638 Loudon Drive?
The average sales price for units in 5638 Loudon Drive is $0 currently.

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