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7209 Sylvan Ridge Road

7209 Sylvan Ridge Road, Indianapolis, IN 46240
Sold Jul 01, 2020
$398,400
$318,750 by First Merchants Bank Na
Mortgage
Local assessors in Indianapolis, IN have categorized 7209 Sylvan Ridge Road as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 24,219 square feet. The linear feet between the front and back of the lot was measured at 2,200 ft and the front of the lot was measured at 1,100 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7209 Sylvan Ridge Road has a total of 3,040 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 760 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 621 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - A. 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 Jun 29, 2020 for $398,400. That's $90.12 per sqft. 7209 Sylvan Ridge Road was last assessed in 2023. The total value of the property was assessed at $409,300. Specifically, the land the property is located on was valued at $64,200. While improvements on the property were assessed at a total of $345,100. 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 $6,029. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 760
  • Garage Type: Attached
  • Garage Square Area: 621
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 24,219
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 4,421
  • Gross Building Area: 4,421
  • Building Area: 3,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GRAVES SYLVAN RIDGE ADD 2ND SEC
  • Land Acres: 0.556
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: GRAVES SYLVAN RIDGE 2ND SEC L124

Ownership

  • Current Owner : BAJOR SRAH S
  • Current Owner 2: BAJOR DANIEL C
  • Previous Owner : PENEDEXTER ROBERT
  • Previous Owner 2: PENEDEXTER MARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320301

Geography

  • Assessors Map Reference: 2120-D1
  • District: 0008
  • Section: 290
  • Parcel: 49-02-29-114-005.000-800
  • Lot: 124
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8856
  • Longitude: -86.1052

    Address

  • Full Address: 7209 Sylvan Ridge Rd
  • Address - House Number: 7209
  • Address - Street Name: Sylvan Ridge
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C027
  • 4-Digit Zip Code: 3542
  • Zip Code: 46240

Valuation

    Tax

  • Total Area: 3,800
  • Tax Year: 2022
  • Tax Amount: $6,029
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2468
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 541,310
  • High Value: 674,959
  • Low Value: 407,661

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $318,750
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Open Lien Mortgage Recording Date: Jul 01, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $318,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $409,300
  • Market Land Value: $64,200
  • Market Improvement Value: $345,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,300
  • Assessed Land Value: $64,200
  • Assessed Improvements Value: $345,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Transaction ID: 11773707572
  • Current Sale Price: $398,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000067632

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Mortgage Transaction Date: Jul 01, 2020
  • First Mortgage Loan Amount: $318,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Clearwater



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Nearby Rentals

Unit for rent at 4309 E 56th Street, Indianapolis, IN, 46220

$1,400 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,064 ft²
4309 E 56th Street, Indianapolis, IN, 46220 Listing by Jeanne Morton

Frequently Asked Questions

What neighborhood is 7209 Sylvan Ridge Road located in?
The 7209 Sylvan Ridge Road is a house located in the neighborhood of Sylvan Ridge in Clearwater, Indianapolis.
What is the average sales price for listings in 7209 Sylvan Ridge Road?
The average sales price for units in 7209 Sylvan Ridge Road is $0 currently.

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