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7025 Mortwood Street

7025 Mortwood Street, Indianapolis, IN 46241
Sold Jul 31, 2017
$119,000
$107,100 by Indiana Members Cu
Mortgage Due Aug 01, 2047
Sold Jul 27, 2017
$119,000
Local assessors in Indianapolis, IN have categorized 7025 Mortwood Street as a residential type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 17,250 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 1,500 ft. 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, 3 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 7025 Mortwood Street has a total of 1,128 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 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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 masonry 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. The property was last sold in Jul 27, 2017 for $119,000. That's $69.84 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $119,000. 7025 Mortwood Street was last assessed in 2023. The total value of the property was assessed at $202,700. Specifically, the land the property is located on was valued at $15,300. While improvements on the property were assessed at a total of $187,400. 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 $2,388. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,250
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,704
  • Gross Building Area: 1,704
  • Building Area: 1,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,128
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: WAYNECROFT EXTENSION LOTS 326 THRU 422
  • Land Acres: 0.396
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WAYNECROFT EXTENSION LOTS 347, 348 & 349

Ownership

  • Current Owner : PERSINGER JAMES
  • Previous Owner : HALTER GEORGE R
  • Owner Before Previous Owner: HALTER GREGORY R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 341902

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2334-D4
  • District: 0009
  • Section: 110
  • Parcel: 49-12-11-132-052.000-900
  • Lot: 348
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7633
  • Longitude: -86.285

    Address

  • Full Address: 7025 Mortwood St
  • Address - House Number: 7025
  • Address - Street Name: Mortwood
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C012
  • 4-Digit Zip Code: 1416
  • Zip Code: 46241

Valuation

    Tax

  • Total Area: 1,128
  • Tax Year: 2022
  • Tax Amount: $2,388
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.2398
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 263,841
  • High Value: 327,117
  • Low Value: 200,566

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $107,100
  • First Open Lien Mortgage Lender: INDIANA MEMBERS CU
  • First Open Lien Mortgage Recording Date: Jul 31, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $107,100
  • 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: $202,700
  • Market Land Value: $15,300
  • Market Improvement Value: $187,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,700
  • Assessed Land Value: $15,300
  • Assessed Improvements Value: $187,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2017
  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Transaction ID: 11381343808
  • Current Sale Price: $119,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201700085971
  • Previous Sale Recording Date: Jul 27, 2017
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDIANA MEMBERS CU
  • First Mortgage Transaction Date: Jul 31, 2017
  • First Mortgage Loan Amount: $107,100
  • 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 7025 Mortwood Street located in?
The 7025 Mortwood Street is a located in the neighborhood of Chapel Hill - Ben Davis in Chapel Hill - Ben Davis, Indianapolis.
What is the average sales price for listings in 7025 Mortwood Street?
The average sales price for units in 7025 Mortwood Street is $0 currently.

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