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6930 Oak Lane

6930 Oak Lane, Indianapolis, IN 46220
Property in Arden
Sold Jul 31, 2017
$336,750
$269,400 by Central Bank
Mortgage Due Aug 01, 2047
Sold Jul 18, 2017
$336,800
Buyer
6930 Oak Lane 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 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6930 Oak Lane has 2,276 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 1,310 ft and across the front of the lot is 630 ft. The area measurement of the land has been determined as 8,253 square feet.

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 396 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 masonry 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 roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 6930 Oak Lane sold most recently in Jul 18, 2017 for a total of $336,750. If you work out the math, that's approximately a cost of $126.03 per sqft. Before that, the property was also sold for $336,800 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,726 in taxes each year. 6930 Oak Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $458,400. If we break it down further, the land itself was valued at $70,100. Improvements to the property, however, were assessed at a total of $388,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1957
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 396
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,253
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 630
  • Total Building Area: 2,672
  • Gross Building Area: 2,672
  • Building Area: 2,276
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,276
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARDEN RESUB
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ARDEN RESUB L169

Ownership

  • Current Owner : LOFTON SARAH P
  • Current Owner 2: LOFTON MICHAEL L
  • Previous Owner : FLEMING SHEENA
  • Previous Owner 2: FLEMING DOUGLAS
  • Owner Before Previous Owner: FLEMING SHEENA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 320700

Geography

  • Assessors Map Reference: 2119-D2
  • District: 0008
  • Section: 350
  • Parcel: 49-03-35-104-090.000-801
  • Lot: 169
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8785
  • Longitude: -86.1515

    Address

  • Full Address: 6930 Oak Ln
  • Address - House Number: 6930
  • Address - Street Name: Oak
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 1036
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 2,724
  • Tax Year: 2022
  • Tax Amount: $4,726
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2195
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 525,378
  • High Value: 640,721
  • Low Value: 410,034

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $269,400
  • First Open Lien Mortgage Lender: CENTRAL BANK
  • First Open Lien Mortgage Recording Date: Jul 31, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $269,400
  • 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: Aug 01, 2047

    Market Valuation

  • Market Total Value: $458,400
  • Market Land Value: $70,100
  • Market Improvement Value: $388,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $458,400
  • Assessed Land Value: $70,100
  • Assessed Improvements Value: $388,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 18, 2017
  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Transaction ID: 11381341107
  • Current Sale Price: $336,750
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201700086109
  • Previous Sale Recording Date: Jul 18, 2017
  • Previous Sale Amount: $336,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTRAL BANK
  • First Mortgage Transaction Date: Jul 31, 2017
  • First Mortgage Loan Amount: $269,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 6930 Oak Lane located in?
The 6930 Oak Lane is a located in the neighborhood of Arden in Arden, Indianapolis.
What is the average sales price for listings in 6930 Oak Lane?
The average sales price for units in 6930 Oak Lane is $0 currently.

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