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7132 Mars Drive

7132 Mars Drive, Indianapolis, IN 46241
Sold Jan 02, 2019
$94,500
$93,279 by Bailey & Wood Financial Group
Mortgage
Sold Feb 05, 2015
$49,000
$39,200 by Stonegate Mortgage Corp
Mortgage Due Feb 01, 2045
7132 Mars Drive in Indianapolis, IN was first built in 2001 and is 23 years old. This has been categorized as a residential property type. It is a single story home. 7132 Mars Drive has 908 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 linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,210. In total, the area measurement of the land is 6,055 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 none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 240 sqft. There is one available parking space. 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 frame 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7132 Mars Drive was last sold in Dec 28, 2018 for $94,500. According to our calculations, that's $82.32 per sqft. Prior to that sales transaction, the property was sold for $49,000 in Jan 9, 2015. Current property owners are expected to pay $1,650 in taxes per year. The property on 7132 Mars Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $150,300. To break that down further, the land itself was valued at $15,400. While improvements to the property were assessed at a total of $134,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,055
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,148
  • Gross Building Area: 1,148
  • Building Area: 908
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 908
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: SUNGATE SUB SEC 2
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SUNGATE SUB SEC 2 L121

Ownership

  • Current Owner : RODRIGUEZ DANNY
  • Previous Owner : ESCORCIA RICHARD
  • Owner Before Previous Owner: CITIMORTGAGE INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 342101

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2334-D4
  • District: 0009
  • Section: 110
  • Parcel: 49-12-11-134-020.000-900
  • Lot: 121
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7604
  • Longitude: -86.2863

    Address

  • Full Address: 7132 Mars Dr
  • Address - House Number: 7132
  • Address - Street Name: Mars
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C034
  • 4-Digit Zip Code: 3691
  • Zip Code: 46241

Valuation

    Tax

  • Total Area: 908
  • Tax Year: 2022
  • Tax Amount: $1,650
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 79,524
  • High Value: 115,692
  • Low Value: 43,355

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $184,773
  • First Open Lien Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Jan 02, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $93,279
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • Second Open Lien Mortgage Recording Date: Aug 04, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $91,494
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $150,300
  • Market Land Value: $15,400
  • Market Improvement Value: $134,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,300
  • Assessed Land Value: $15,400
  • Assessed Improvements Value: $134,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2018
  • Current Sale Recording Date: Jan 02, 2019
  • Current Sale Transaction ID: 11559661508
  • Current Sale Price: $94,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900000279
  • Previous Sale Recording Date: Feb 05, 2015
  • Previous Sale Contract Date: Jan 09, 2015
  • Previous Sale Amount: $49,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Mortgage Transaction Date: Jan 02, 2019
  • First Mortgage Loan Amount: $93,279
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: STONEGATE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Feb 05, 2015
  • Previous Mortgage Loan Amount: $39,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2045

About Chapel Hill - Ben Davis



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Frequently Asked Questions

What neighborhood is 7132 Mars Drive located in?
The 7132 Mars Drive is a house located in the neighborhood of Chapel Hill - Ben Davis in Chapel Hill - Ben Davis, Indianapolis.
What is the average sales price for listings in 7132 Mars Drive?
The average sales price for units in 7132 Mars Drive is $0 currently.

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