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6906 North Olney Street

6906 North Olney Street, Indianapolis, IN 46220
House in Glendale
Sold Aug 09, 2019
$390,400
$254,300 by Fairway Independent Mtg Corp
Mortgage Due Sep 01, 2036
Sold Oct 16, 2018
$330,000
$297,000 by Jp Morgan Chase Bank
Mortgage Due Aug 01, 2048
Local assessors in Indianapolis, IN have categorized 6906 North Olney Street as a residential type of property. The home was built in 1968 and is 56 years old. It was most recently renovated and altered in 1986. The property's lot size has been calculated to be 28,445 square feet. The linear feet between the front and back of the lot was measured at 1,800 ft and the front of the lot was measured at 1,580 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 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 is one full bathroom. There are also 2 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 6906 North Olney Street has a total of 3,267 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 893 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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 506 sqft. There are 2 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 - 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. 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, 6906 North Olney Street sold most recently in Jul 30, 2019 for a total of $390,400. If you work out the math, that's approximately a cost of $83.67 per sqft. Before that, the property was also sold for $330,000 in Jul 9, 2018. 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 $6,046 in taxes each year. 6906 North Olney Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $382,100. If we break it down further, the land itself was valued at $86,100. Improvements to the property, however, were assessed at a total of $296,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 893
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 28,445
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,580
  • Total Building Area: 4,666
  • Gross Building Area: 4,666
  • Building Area: 3,267
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,267
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TERRA VISTA 1ST SEC
  • Land Acres: 0.653
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TERRA VISTA 1ST SEC PT L1 BEG SW COR NE 166.184FT E120FT S 180.09FT W 111.411FT NWRLY 84.493FTNW 6.314FT TO BEG

Ownership

  • Current Owner : MARSHALL ROBERT W
  • Current Owner 2: MARSHALL KATHERINE M
  • Previous Owner : DINWIDDIE SCOTT
  • Previous Owner 2: DINWIDDIE ELIZABETH
  • Owner Before Previous Owner: SCHAAK THOMAS A
  • Owner Before Previous Owner 2: SCHAAK JOANNE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320500

Geography

  • Assessors Map Reference: 2120-D2
  • District: 0008
  • Section: 310
  • Parcel: 49-02-31-111-006.000-800
  • Lot: 1
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8804
  • Longitude: -86.1084

    Address

  • Full Address: 6906 N Olney St
  • Address - House Number: 6906
  • Street Direction: N
  • Address - Street Name: Olney
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 3760
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 3,567
  • Tax Year: 2022
  • Tax Amount: $6,046
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.217
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 482,730
  • High Value: 587,506
  • Low Value: 377,954

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $254,300
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Sep 07, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $254,300
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $382,100
  • Market Land Value: $86,100
  • Market Improvement Value: $296,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,100
  • Assessed Land Value: $86,100
  • Assessed Improvements Value: $296,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2019
  • Current Sale Recording Date: Aug 09, 2019
  • Current Sale Transaction ID: 11635198127
  • Current Sale Price: $390,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900076029
  • Previous Sale Recording Date: Oct 16, 2018
  • Previous Sale Contract Date: Jul 09, 2018
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Aug 09, 2019
  • First Mortgage Loan Amount: $312,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JP MORGAN CHASE BANK
  • Previous Mortgage Transaction Date: Oct 16, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $297,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2048

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Frequently Asked Questions

What neighborhood is 6906 North Olney Street located in?
The 6906 North Olney Street is a house located in the neighborhood of Glendale in Glendale, Indianapolis.
What is the average sales price for listings in 6906 North Olney Street?
The average sales price for units in 6906 North Olney Street is $0 currently.

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