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5975 Mc Farland Road

5975 Mc Farland Road, Indianapolis, IN 46227
Sold Mar 05, 2020
$172,900
$172,335 by Quicken Loans Inc
Mortgage Due Dec 01, 2050
Sold Jul 10, 2012
$106,700
$105,262 by Michigan Mutual Inc
Mortgage Due Jul 01, 2042
Local assessors in Indianapolis, IN have categorized 5975 Mc Farland Road as a residential type of property. The home was built in 1952 and is 72 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 29,839 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5975 Mc Farland Road has a total of 1,434 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 none 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 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 frame 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 - C. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5975 Mc Farland Road was last sold in Mar 2, 2020 for $172,900. According to our calculations, that's $100.41 per sqft. Prior to that sales transaction, the property was sold for $106,700 in Jun 29, 2012. Current property owners are expected to pay $2,483 in taxes per year. The property on 5975 Mc Farland Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $202,600. To break that down further, the land itself was valued at $18,700. While improvements to the property were assessed at a total of $183,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Composition Board Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 29,839
  • Total Building Area: 1,722
  • Gross Building Area: 1,722
  • Building Area: 1,434
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,434
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 0.685
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: PT SE1/4 S5 T14 R4 BEG 150 E & 25.01 N OF SW COR P.O.B. N194.49 W125 S94.27 SE50.17 SE47.32 SE49.77 E28.65 TO BEG .685AC (.494AC TAX)

Ownership

  • Current Owner : HOLTGREWE ZACHARY
  • Current Owner 2: HOLTGREWE JACLYN
  • Previous Owner : JOHNSON RYAN W
  • Previous Owner 2: JOHNSON BRITNEY S
  • Owner Before Previous Owner: WAUBEN GREGORY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380901

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2556-C1
  • District: 0005
  • Section: 5014004
  • Parcel: 49-15-05-120-002.000-500
  • Meridian: SEC 5 TWN 14 RNG 4
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6802
  • Longitude: -86.1107

    Address

  • Full Address: 5975 Mcfarland Rd
  • Address - House Number: 5975
  • Address - Street Name: Mcfarland
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C007
  • 4-Digit Zip Code: 8722
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 1,434
  • Tax Year: 2022
  • Tax Amount: $2,483
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 279,128
  • High Value: 341,048
  • Low Value: 217,207

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,335
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 16, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $172,335
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $202,600
  • Market Land Value: $18,700
  • Market Improvement Value: $183,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,600
  • Assessed Land Value: $18,700
  • Assessed Improvements Value: $183,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 02, 2020
  • Current Sale Recording Date: Mar 05, 2020
  • Current Sale Transaction ID: 11748309994
  • Current Sale Price: $172,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000024599
  • Previous Sale Recording Date: Jul 10, 2012
  • Previous Sale Contract Date: Jun 29, 2012
  • Previous Sale Amount: $106,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Mar 05, 2020
  • First Mortgage Loan Amount: $167,713
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MICHIGAN MUTUAL INC
  • Previous Mortgage Transaction Date: Jul 10, 2012
  • Previous Mortgage Loan Amount: $105,262
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2042

About Edgewood



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Frequently Asked Questions

What neighborhood is 5975 Mc Farland Road located in?
The 5975 Mc Farland Road is a house located in the neighborhood of Carson Square in Edgewood, Indianapolis.
What is the average sales price for listings in 5975 Mc Farland Road?
The average sales price for units in 5975 Mc Farland Road is $0 currently.

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