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6940 Bluffgrove Lane

6940 Bluffgrove Lane, Indianapolis, IN 46278
Sold May 18, 2020
$295,000
Sold Mar 30, 2017
$242,000
$242,000 by Huntington National Bank
Mortgage Due Apr 01, 2047
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6940 Bluffgrove Lane in Indianapolis, IN was first built in 1992 and is 32 years old. Although, the building on the property was most recently renovated and altered in 1997. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 6940 Bluffgrove Lane has 2,748 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. In total, the area measurement of the land is 12,197 square feet.

Learn more about the property and building on this page. 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 694 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 B. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 6940 Bluffgrove Lane sold most recently in May 8, 2020 for a total of $295,000. If you work out the math, that's approximately a cost of $85.71 per sqft. Before that, the property was also sold for $242,000 in Mar 29, 2017. 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 $3,388 in taxes each year. 6940 Bluffgrove Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $320,600. If we break it down further, the land itself was valued at $55,600. Improvements to the property, however, were assessed at a total of $265,000. 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.

Building Features

Exterior

Brick Exterior Composition Board Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B
  • 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: 694
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 3,442
  • Gross Building Area: 3,442
  • Building Area: 2,748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,748
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HUNTINGTON POINTE SECTION 2
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HUNTINGTON POINTE SECTION TWO L51

Ownership

  • Current Owner : ELDERIDGE JASON
  • Previous Owner : NIX BENJAMINJ
  • Previous Owner 2: NIX CHRISTINE M
  • Owner Before Previous Owner: BOUWENS RONALD J
  • Owner Before Previous Owner 2: BOUWENS JULIE R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pike Township Metropolitan School District
  • Census Tract: 310112

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2116-E2
  • District: 0006
  • Section: 340
  • Parcel: 49-04-34-100-018.000-600
  • Lot: 51
  • Meridian: SEC 34 TWN 17N RNG 02
  • Municipality: PIKE TOWNSHIP
  • Latitude: 39.88
  • Longitude: -86.281

    Address

  • Full Address: 6940 Bluffgrove Ln
  • Address - House Number: 6940
  • Address - Street Name: Bluffgrove
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C095
  • 4-Digit Zip Code: 2801
  • Zip Code: 46278

Valuation

    Tax

  • Total Area: 2,748
  • Tax Year: 2022
  • Tax Amount: $3,388
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 397,132
  • High Value: 484,029
  • Low Value: 310,236

    Market Valuation

  • Market Total Value: $320,600
  • Market Land Value: $55,600
  • Market Improvement Value: $265,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,600
  • Assessed Land Value: $55,600
  • Assessed Improvements Value: $265,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 08, 2020
  • Current Sale Recording Date: May 18, 2020
  • Current Sale Transaction ID: 11762105053
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000049445
  • Previous Sale Recording Date: Mar 30, 2017
  • Previous Sale Contract Date: Mar 29, 2017
  • Previous Sale Amount: $242,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: May 18, 2020
  • First Mortgage Loan Amount: $277,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HUNTINGTON NATIONAL BANK
  • Previous Mortgage Transaction Date: Mar 30, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $242,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About Trader's Point



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,800 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by April Parker

Frequently Asked Questions

What neighborhood is 6940 Bluffgrove Lane located in?
The 6940 Bluffgrove Lane is a house located in the neighborhood of Huntington Communities in Trader's Point, Indianapolis.
What is the average sales price for listings in 6940 Bluffgrove Lane?
The average sales price for units in 6940 Bluffgrove Lane is $0 currently.

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