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7250 Royal Oakland Drive

7250 Royal Oakland Drive, Indianapolis, IN 46236
Sold Dec 26, 2019
$395,000
$470,085 by Rocket Mortgage Llc
Mortgage Due Aug 01, 2053
Sold Feb 19, 2008
$325,000
$260,000 by Ameriana Bank Sb
Mortgage Due Mar 01, 2038
7250 Royal Oakland 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 1992 and is 32 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7250 Royal Oakland Drive has 4,971 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 partial basement that is 1,168 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 16,988 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 734 sqft. According to our sources, there are a total of 3 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 brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A 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. The property was last sold in Dec 13, 2019 for $395,000. That's $68.04 per sqft. Prior to that sales transaction, the property was also sold in Feb 4, 2008 for $325,000. 7250 Royal Oakland Drive was last assessed in 2023. The total value of the property was assessed at $556,800. Specifically, the land the property is located on was valued at $70,300. While improvements on the property were assessed at a total of $486,500. 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 $6,321. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,168
  • Garage Type: Attached
  • Garage Square Area: 734
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 5,805
  • Gross Building Area: 5,805
  • Building Area: 4,971
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,971
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: OAKLAND HILLS AT GEIST SEC 3
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: OAKLAND HILLS AT GEIST SEC 3 L 95

Ownership

  • Current Owner : DAVIS MICHAEL
  • Previous Owner : ALLEN MATTHEW
  • Owner Before Previous Owner: ESSIG DON
  • Owner Before Previous Owner 2: ESSIG JOSIE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Township Metropolitan School District
  • Census Tract: 330213

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2123-D1
  • District: 0004
  • Section: 280
  • Parcel: 49-01-28-119-025.000-407
  • Lot: 95
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.8869
  • Longitude: -85.9657

    Address

  • Full Address: 7250 Royal Oakland Dr
  • Address - House Number: 7250
  • Address - Street Name: Royal Oakland
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R058
  • 4-Digit Zip Code: 9152
  • Zip Code: 46236

Valuation

    Tax

  • Total Area: 5,071
  • Tax Year: 2022
  • Tax Amount: $6,321
  • Tax Rate Code Area: 407

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 572,157
  • High Value: 697,261
  • Low Value: 447,053

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $470,085
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 28, 2023
  • First Open Lien Mortgage Loan Amount: $470,085
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $556,800
  • Market Land Value: $70,300
  • Market Improvement Value: $486,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $556,800
  • Assessed Land Value: $70,300
  • Assessed Improvements Value: $486,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2019
  • Current Sale Recording Date: Dec 26, 2019
  • Current Sale Transaction ID: 11716302798
  • Current Sale Price: $395,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201900130150
  • Previous Sale Recording Date: Feb 19, 2008
  • Previous Sale Contract Date: Feb 04, 2008
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Dec 26, 2019
  • First Mortgage Loan Amount: $316,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERIANA BANK SB
  • Previous Mortgage Transaction Date: Feb 19, 2008
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2038

About Lawrence



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,575 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,164 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 7250 Royal Oakland Drive located in?
The 7250 Royal Oakland Drive is a house located in the neighborhood of Oakland Hills at Geist in Lawrence, Indianapolis.
What is the average sales price for listings in 7250 Royal Oakland Drive?
The average sales price for units in 7250 Royal Oakland Drive is $0 currently.

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