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7308 Richie Circle

7308 Richie Circle, Indianapolis, IN 46236
Property in Lawrence
Sold Apr 18, 2023
$179,550
$135,000 by Top Flite Financial, Inc.
Mortgage Due May 01, 2053
Sold Feb 24, 2011
$85,500
$68,400 by Fairway Independent Mortgage C
Mortgage Due Mar 01, 2041
Local assessors in Indianapolis, IN have categorized 7308 Richie Circle as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 14,113 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 7308 Richie Circle has a total of 1,450 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 none system. 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 400 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 - 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. 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, 7308 Richie Circle sold most recently in Apr 11, 2023 for a total of $179,550. If you work out the math, that's approximately a cost of $97.05 per sqft. Before that, the property was also sold for $85,500 in Feb 2, 2011. 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 $3,525 in taxes each year. The initial year of tax delinquency occurred in 2022. 7308 Richie Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $157,600. If we break it down further, the land itself was valued at $33,900. Improvements to the property, however, were assessed at a total of $123,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,113
  • Total Building Area: 1,850
  • Gross Building Area: 1,850
  • Building Area: 1,450
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,450
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: PEBBLEBROOKE AT GEIST SEC 2
  • Land Acres: 0.324
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PEBBLEBROOKE AT GEIST SEC 2 L 85

Ownership

  • Current Owner : SCHWARTZ SALLY
  • Current Owner 2: BURCHAM BETTY L
  • Previous Owner : SCHWARTZ SALLY
  • Owner Before Previous Owner: U S BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2123-E1
  • District: 0004
  • Section: 270
  • Parcel: 49-01-27-106-038.000-407
  • Lot: 85
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.8879
  • Longitude: -85.9487

    Address

  • Full Address: 7308 Richie Cir
  • Address - House Number: 7308
  • Address - Street Name: Richie
  • Address - Suffix Type: Cir
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R058
  • 4-Digit Zip Code: 8767
  • Zip Code: 46236

Valuation

    Tax

  • Total Area: 1,450
  • Tax Year: 2022
  • Tax Amount: $3,525
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 407

    Appraisal Valuation

  • Standard Deviation: 0.2463
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 243,795
  • High Value: 303,853
  • Low Value: 183,736

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,000
  • First Open Lien Mortgage Lender: TOP FLITE FINANCIAL, INC.
  • First Open Lien Mortgage Recording Date: Apr 18, 2023
  • First Open Lien Mortgage Loan Amount: $135,000
  • 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: $157,600
  • Market Land Value: $33,900
  • Market Improvement Value: $123,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,600
  • Assessed Land Value: $33,900
  • Assessed Improvements Value: $123,700

    Sales

  • Current Sale Contract Date: Apr 11, 2023
  • Current Sale Recording Date: Apr 18, 2023
  • Current Sale Transaction ID: 11905661372
  • Current Sale Price: $179,550
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 30011
  • Previous Sale Recording Date: Feb 24, 2011
  • Previous Sale Contract Date: Feb 02, 2011
  • Previous Sale Amount: $85,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOP FLITE FINANCIAL, INC.
  • First Mortgage Transaction Date: Apr 18, 2023
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Feb 24, 2011
  • Previous Mortgage Loan Amount: $68,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2041

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Frequently Asked Questions

What neighborhood is 7308 Richie Circle located in?
The 7308 Richie Circle is a located in the neighborhood of Lawrence in Lawrence, Indianapolis.
What is the average sales price for listings in 7308 Richie Circle?
The average sales price for units in 7308 Richie Circle is $0 currently.

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