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7208 Munsee Lane

7208 Munsee Lane, Indianapolis, IN 46260
Sold May 09, 2023
$163,856
Buyer
Seller
$123,200 by Cornerstone Home Lending, Inc.
Mortgage Due May 01, 2053
Sold Oct 03, 2017
$160,500
$125,600 by American Nbhd Mtg Acceptance
Mortgage Due Oct 01, 2047
Local assessors in Indianapolis, IN have categorized 7208 Munsee Lane as a residential type of property. The home was built in 1966 and is 58 years old. It was most recently renovated and altered in 2011. The property's lot size has been calculated to be 20,299 square feet. The linear feet between the front and back of the lot was measured at 2,030 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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. As for the restroom situation, there are 2 full bathrooms. There are also 2 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 7208 Munsee Lane has a total of 1,604 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 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 552 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. 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, 7208 Munsee Lane was last sold in May 2, 2023 for $163,856. According to our calculations, that's $76.00 per sqft. Prior to that sales transaction, the property was sold for $160,500 in Sep 29, 2017. Current property owners are expected to pay $4,422 in taxes per year. The property on 7208 Munsee Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $249,500. To break that down further, the land itself was valued at $31,900. While improvements to the property were assessed at a total of $217,600. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • 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: 552
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,299
  • Lot Size Depth Feet: 2,030
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,156
  • Gross Building Area: 2,156
  • Building Area: 1,604
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WESTLANE TERRACE
  • Land Acres: 0.466
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WESTLANE TERRACE L4

Ownership

  • Current Owner : HOY NATHAN J
  • Previous Owner : HOY ELDA JO
  • Owner Before Previous Owner: LINEBACK STEPHEN M
  • Owner Before Previous Owner 2: LINEBACK PATRICIA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320901

Geography

  • Assessors Map Reference: 2119-A1
  • District: 0008
  • Section: 270
  • Parcel: 49-03-27-117-029.000-800
  • Lot: 4
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8851
  • Longitude: -86.1807

    Address

  • Full Address: 7208 Munsee Ln
  • Address - House Number: 7208
  • Address - Street Name: Munsee
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C058
  • 4-Digit Zip Code: 4051
  • Zip Code: 46260

Valuation

    Tax

  • Total Area: 1,604
  • Tax Year: 2022
  • Tax Amount: $4,422
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 301,140
  • High Value: 368,109
  • Low Value: 234,170

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,200
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING, INC.
  • First Open Lien Mortgage Recording Date: May 09, 2023
  • First Open Lien Mortgage Loan Amount: $123,200
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $249,500
  • Market Land Value: $31,900
  • Market Improvement Value: $217,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,500
  • Assessed Land Value: $31,900
  • Assessed Improvements Value: $217,600

    Sales

  • Current Sale Contract Date: May 02, 2023
  • Current Sale Recording Date: May 09, 2023
  • Current Sale Transaction ID: 11906532956
  • Current Sale Price: $163,856
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 36625
  • Previous Sale Recording Date: Oct 03, 2017
  • Previous Sale Contract Date: Sep 29, 2017
  • Previous Sale Amount: $160,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING, INC.
  • First Mortgage Transaction Date: May 09, 2023
  • First Mortgage Loan Amount: $123,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN NBHD MTG ACCEPTANCE
  • Previous Mortgage Transaction Date: Oct 03, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $125,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About Delaware Trail



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Nearby Rentals

Unit for rent at 6170 N Winthrop Avenue, Indianapolis, IN, 46220

$1,975 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,041 ft²
6170 N Winthrop Avenue, Indianapolis, IN, 46220 Listing by David Cronnin

Frequently Asked Questions

What neighborhood is 7208 Munsee Lane located in?
The 7208 Munsee Lane is a house located in the neighborhood of Delaware Trail in Delaware Trail, Indianapolis.
What is the average sales price for listings in 7208 Munsee Lane?
The average sales price for units in 7208 Munsee Lane is $0 currently.

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