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7364 Edgewater Drive

7364 Edgewater Drive, Indianapolis, IN 46240
Sold Jan 13, 2020
$124,000
Buyer
Seller
$117,800 by Quicken Loans Inc
Mortgage
Sold Sep 11, 2019
$155,000
Local assessors in Indianapolis, IN have categorized 7364 Edgewater Drive as a residential type of property. The home was built in 1960 and is 64 years old. It was most recently renovated and altered in 1963. The property's lot size has been calculated to be 6,490 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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. 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 7364 Edgewater Drive has a total of 1,400 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 full basement that is 1,400 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 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 392 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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 stone 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. The property was last sold in Jan 6, 2020 for $124,000. That's $38.85 per sqft. Prior to that sales transaction, the property was also sold in Aug 28, 2019 for $155,000. 7364 Edgewater Drive was last assessed in 2023. The total value of the property was assessed at $179,300. Specifically, the land the property is located on was valued at $21,800. While improvements on the property were assessed at a total of $157,500. 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 $2,851. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Stone Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Stone
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,400
  • Garage Type: Attached
  • Garage Square Area: 392
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,490
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,192
  • Gross Building Area: 3,192
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: EDGEWATER PLACE
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: EDGEWATER PLACE L74

Ownership

  • Current Owner : LARSEN GARY
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: MARION COUNTY SHERIFF
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320202

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2119-E1
  • District: 0008
  • Section: 250
  • Parcel: 49-03-25-118-019.000-800
  • Lot: 74
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8878
  • Longitude: -86.1384

    Address

  • Full Address: 7364 Edgewater Dr
  • Address - House Number: 7364
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C019
  • 4-Digit Zip Code: 3071
  • Zip Code: 46240

Valuation

    Tax

  • Total Area: 2,800
  • Tax Year: 2022
  • Tax Amount: $2,851
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2408
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 267,938
  • High Value: 332,473
  • Low Value: 203,404

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,800
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 13, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $117,800
  • 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: $179,300
  • Market Land Value: $21,800
  • Market Improvement Value: $157,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,300
  • Assessed Land Value: $21,800
  • Assessed Improvements Value: $157,500

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 06, 2020
  • Current Sale Recording Date: Jan 13, 2020
  • Current Sale Transaction ID: 11720532379
  • Current Sale Price: $124,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000004127
  • Previous Sale Recording Date: Sep 11, 2019
  • Previous Sale Contract Date: Aug 28, 2019
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jan 13, 2020
  • First Mortgage Loan Amount: $117,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About North Central



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Frequently Asked Questions

What neighborhood is 7364 Edgewater Drive located in?
The 7364 Edgewater Drive is a house located in the neighborhood of North Central in North Central, Indianapolis.
What is the average sales price for listings in 7364 Edgewater Drive?
The average sales price for units in 7364 Edgewater Drive is $0 currently.

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