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5720 Mead Drive

5720 Mead Drive, Indianapolis, IN 46220
Property in Millersville
Refi Oct 24, 2014
Transfer
$11,191 by Bank Of America Na
Mortgage Due Sep 01, 2044
5720 Mead 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 1996 and is 28 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5720 Mead Drive has 1,928 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,420 ft and across the front of the lot is 560 ft. The area measurement of the land has been determined as 7,971 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a row home style.

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 400 sqft. According to our sources, there are a total of 2 available parking spaces. 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 inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. Finally, the property is currently sourcing its water from none system. 5720 Mead Drive was last assessed in 2023. The total value of the property was assessed at $247,700. Specifically, the land the property is located on was valued at $45,000. While improvements on the property were assessed at a total of $202,700. 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 $5,880. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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

Brick Exterior / Wood Exterior
Vinyl Siding
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Row home
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,971
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 560
  • Total Building Area: 2,328
  • Gross Building Area: 2,328
  • Building Area: 1,928
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,928
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ALLISON HEIGHTS SECTION 2
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ALLISON HEIGHTS SEC 2LOT 21 APPROX 7423 SQ FT

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 321400

Geography

  • Assessors Map Reference: 2120-C5
  • District: 0008
  • Section: 5016004
  • Parcel: 49-07-05-111-007.000-800
  • Lot: 21
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8579
  • Longitude: -86.1088

    Address

  • Full Address: 5720 Mead Dr
  • Address - House Number: 5720
  • Address - Street Name: Mead
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C020
  • 4-Digit Zip Code: 7403
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 1,928
  • Tax Year: 2022
  • Tax Amount: $5,880
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 351,458
  • High Value: 430,444
  • Low Value: 272,472

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $11,191
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 24, 2014
  • First Open Lien Mortgage Loan Amount: $11,191
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2044

    Market Valuation

  • Market Total Value: $247,700
  • Market Land Value: $45,000
  • Market Improvement Value: $202,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,700
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $202,700

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Frequently Asked Questions

What neighborhood is 5720 Mead Drive located in?
The 5720 Mead Drive is a located in the neighborhood of Millersville in Millersville, Indianapolis.
What is the average sales price for listings in 5720 Mead Drive?
The average sales price for units in 5720 Mead Drive is $0 currently.

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