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5879 Stafford Way

5879 Stafford Way, Indianapolis, IN 46228
Property in Delaware Trail
Sold Mar 09, 2015
$375,000
$150,000 by Merchants Bank Of Indina
Mortgage Due Oct 30, 2025
Local assessors in Indianapolis, IN have categorized 5879 Stafford Way as a residential type of property. The home was built in 1984 and is 40 years old. It was most recently renovated and altered in 1999. The property's lot size has been calculated to be 35,902 square feet. The linear feet between the front and back of the lot was measured at 2,540 ft and the front of the lot was measured at 1,430 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 14 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5879 Stafford Way has a total of 5,586 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 764 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 840 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5879 Stafford Way sold most recently in Feb 19, 2015 for a total of $375,000. If you work out the math, that's approximately a cost of $56.67 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 $12,324 in taxes each year. 5879 Stafford Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $878,600. If we break it down further, the land itself was valued at $105,100. Improvements to the property, however, were assessed at a total of $773,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 764
  • Garage Type: Attached
  • Garage Square Area: 840
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 35,902
  • Lot Size Depth Feet: 2,540
  • Lot Size Frontage Feet: 1,430
  • Total Building Area: 6,617
  • Gross Building Area: 6,617
  • Building Area: 5,586
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,586
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WEST CROWS NEST
  • Land Acres: 0.824
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WEST CROWS NEST 1ST SEC L8 & PT L7 BEG NW COR L7 NE10 SE254.2 NW254.2 TO BEG

Ownership

  • Current Owner : ROGERS RANDALL D
  • Current Owner 2: ROGERS MICHELLE L
  • Previous Owner : MURPHY SARA H
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 321100

Geography

  • Assessors Map Reference: 2119-B4
  • District: 0008
  • Section: 2016003
  • Parcel: 49-06-02-107-025.000-800
  • Lot: 8
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8609
  • Longitude: -86.1731

    Address

  • Full Address: 5879 Stafford Way
  • Address - House Number: 5879
  • Address - Street Name: Stafford
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C026
  • 4-Digit Zip Code: 1418
  • Zip Code: 46228

Valuation

    Tax

  • Total Area: 5,777
  • Tax Year: 2022
  • Tax Amount: $12,324
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 1,563,851
  • High Value: 1,883,650
  • Low Value: 1,244,052

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: MERCHANTS BANK OF INDINA
  • First Open Lien Mortgage Recording Date: Nov 07, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 82
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 30, 2025

    Market Valuation

  • Market Total Value: $878,600
  • Market Land Value: $105,100
  • Market Improvement Value: $773,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $878,600
  • Assessed Land Value: $105,100
  • Assessed Improvements Value: $773,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 19, 2015
  • Current Sale Recording Date: Mar 09, 2015
  • Current Sale Transaction ID: 1045430290
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201500020282

    Last Sale Mortgage

  • First Mortgage Lender: MERCHANTS BANK OF INDIANA
  • First Mortgage Transaction Date: Mar 09, 2015
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2045

About Delaware Trail



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Frequently Asked Questions

What neighborhood is 5879 Stafford Way located in?
The 5879 Stafford Way is a located in the neighborhood of Delaware Trail in Delaware Trail, Indianapolis.
What is the average sales price for listings in 5879 Stafford Way?
The average sales price for units in 5879 Stafford Way is $0 currently.

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