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6879 Oak Lake Drive

6879 Oak Lake Drive, Indianapolis, IN 46214
Sold Jan 12, 2022
Transfer
Sold Dec 18, 2020
$197,000
$157,600 by Stearns Lending Inc
Mortgage
6879 Oak Lake Drive in Indianapolis, IN was first built in 1991 and is 33 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 6879 Oak Lake Drive has 2,448 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 basement is 816 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 780 ft and the linear feet between the front and back of the lot is 1,690. In total, the area measurement of the land is 13,199 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 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 440 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 C. The condition of the building has been evaluated as average. 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 central heating system. Prior to that sales transaction, the property was also sold in Dec 1, 2020 for $197,000. 6879 Oak Lake Drive was last assessed in 2023. The total value of the property was assessed at $266,300. Specifically, the land the property is located on was valued at $21,500. While improvements on the property were assessed at a total of $244,800. 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 $5,918. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Stone Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • 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: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 816
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,199
  • Lot Size Depth Feet: 1,690
  • Lot Size Frontage Feet: 780
  • Total Building Area: 2,888
  • Gross Building Area: 2,888
  • Building Area: 2,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,448
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TWIN OAKS SECTION V
  • Land Acres: 0.303
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TWIN OAKS SECTION V L25

Ownership

  • Current Owner : UNCLE VERNS PROPERTIES LLC
  • Previous Owner : STEWART MARK A
  • Previous Owner 2: STEWART VANESSA M
  • Owner Before Previous Owner: OAK LAKE LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 340115

Geography

  • District: 0009
  • Section: 230
  • Parcel: 49-05-23-122-048.000-982
  • Lot: 25
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.8103
  • Longitude: -86.2816

    Address

  • Full Address: 6879 Oak Lake Dr
  • Address - House Number: 6879
  • Address - Street Name: Oak Lake
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C026
  • 4-Digit Zip Code: 2040
  • Zip Code: 46214

Valuation

    Tax

  • Total Area: 2,448
  • Tax Year: 2022
  • Tax Amount: $5,918
  • Tax Rate Code Area: 982

    Appraisal Valuation

  • Standard Deviation: 0.2208
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 300,261
  • High Value: 366,574
  • Low Value: 233,949

    Market Valuation

  • Market Total Value: $266,300
  • Market Land Value: $21,500
  • Market Improvement Value: $244,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,300
  • Assessed Land Value: $21,500
  • Assessed Improvements Value: $244,800

    Sales

  • Current Sale Contract Date: Dec 18, 2021
  • Current Sale Recording Date: Jan 12, 2022
  • Current Sale Transaction ID: 11879681812
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5608
  • Previous Sale Recording Date: Dec 18, 2020
  • Previous Sale Contract Date: Dec 01, 2020
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING INC
  • Previous Mortgage Transaction Date: Dec 18, 2020
  • Previous Mortgage Loan Amount: $157,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 6879 Oak Lake Drive located in?
The 6879 Oak Lake Drive is a located in the neighborhood of Summerfield South in Eagle Creek, Indianapolis.
What is the average sales price for listings in 6879 Oak Lake Drive?
The average sales price for units in 6879 Oak Lake Drive is $0 currently.

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