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7209 Lakeside Drive

7209 Lakeside Drive, Indianapolis, IN 46278
Sold Sep 12, 2018
$275,000
$220,100 by Jp Morgan Chase Bank
Mortgage Due Jan 01, 2041
Sold Jun 21, 2017
$254,900
$242,155 by Success Mortgage Partners Inc
Mortgage Due Jul 01, 2047
7209 Lakeside Drive 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 1956 and is 68 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7209 Lakeside Drive has 2,928 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 339 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 26,136 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 500 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 none 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, 7209 Lakeside Drive sold most recently in Sep 6, 2018 for a total of $275,000. If you work out the math, that's approximately a cost of $80.22 per sqft. Before that, the property was also sold for $254,900 in Jun 15, 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 $3,694 in taxes each year. 7209 Lakeside Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $353,600. If we break it down further, the land itself was valued at $34,300. Improvements to the property, however, were assessed at a total of $319,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1956
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 339
  • Garage Type: Attached
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 26,136
  • Total Building Area: 3,428
  • Gross Building Area: 3,428
  • Building Area: 2,928
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,928
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: LAKESIDE SECOND
  • Land Acres: 0.6
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LAKESIDE SEC 2 L48 BLK 2

Ownership

  • Current Owner : SCHIMMELPFENNIG JEFFREY
  • Current Owner 2: SCHIMMELPFENNIG JENNIFER
  • Previous Owner : GOYER CYNTHIA M
  • Owner Before Previous Owner: REED ANDREW M
  • Owner Before Previous Owner 2: REED KATHERINE C
  • 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-E1
  • District: 0006
  • Section: 270
  • Parcel: 49-04-27-114-060.000-600
  • Block: 2
  • Lot: 48
  • Meridian: SEC 27 TWN 17N RNG 02
  • Municipality: PIKE TOWNSHIP
  • Latitude: 39.8847
  • Longitude: -86.2818

    Address

  • Full Address: 7209 Lakeside Dr
  • Address - House Number: 7209
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C072
  • 4-Digit Zip Code: 1616
  • Zip Code: 46278

Valuation

    Tax

  • Total Area: 2,928
  • Tax Year: 2022
  • Tax Amount: $3,694
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 73
  • Final Value: 414,578
  • High Value: 495,603
  • Low Value: 333,553

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,100
  • First Open Lien Mortgage Lender: JP MORGAN CHASE BANK
  • First Open Lien Mortgage Recording Date: Jan 07, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $220,100
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2041

    Market Valuation

  • Market Total Value: $353,600
  • Market Land Value: $34,300
  • Market Improvement Value: $319,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,600
  • Assessed Land Value: $34,300
  • Assessed Improvements Value: $319,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 06, 2018
  • Current Sale Recording Date: Sep 12, 2018
  • Current Sale Transaction ID: 11521602389
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800093018
  • Previous Sale Recording Date: Jun 21, 2017
  • Previous Sale Contract Date: Jun 15, 2017
  • Previous Sale Amount: $254,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MJW FINANCIAL LLC
  • First Mortgage Transaction Date: Sep 12, 2018
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • Previous Mortgage Transaction Date: Jun 21, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $242,155
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Trader's Point



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Frequently Asked Questions

What neighborhood is 7209 Lakeside Drive located in?
The 7209 Lakeside Drive is a house located in the neighborhood of Trader's Point in Trader's Point, Indianapolis.
What is the average sales price for listings in 7209 Lakeside Drive?
The average sales price for units in 7209 Lakeside Drive is $0 currently.

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