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741 Mellowood Drive

741 Mellowood Drive, Indianapolis, IN 46217
Sold Feb 17, 2011
$179,900
$143,910 by Fifth Third Mortgage Co
Mortgage Due Feb 01, 2041
Local assessors in Indianapolis, IN have categorized 741 Mellowood Drive as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 15,812 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 1,130 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 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 741 Mellowood Drive has a total of 2,346 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 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 552 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 brick 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 741 Mellowood Drive was last sold in Jan 19, 2011 for $179,900. According to our calculations, that's $62.08 per sqft. Current property owners are expected to pay $3,889 in taxes per year. The property on 741 Mellowood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $300,000. To break that down further, the land itself was valued at $34,600. While improvements to the property were assessed at a total of $265,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • 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: 552
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,812
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 2,898
  • Gross Building Area: 2,898
  • Building Area: 2,346
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,346
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HILL VALLEY ESTATES SEC 16
  • Land Acres: 0.363
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HILL VALLEY EST 16TH SEC L722

Ownership

  • Current Owner : KEEGAN KEVIN
  • Current Owner 2: KEEGAN MARIE B
  • Previous Owner : EBERG ROBERT G
  • Previous Owner 2: EBERG JANICE K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 381207

Geography

  • Assessors Map Reference: 2555-A7
  • District: 0005
  • Section: 230
  • Parcel: 49-14-23-103-034.000-500
  • Lot: 722
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6427
  • Longitude: -86.1741

    Address

  • Full Address: 741 Mellowood Dr
  • Address - House Number: 741
  • Address - Street Name: Mellowood
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C016
  • 4-Digit Zip Code: 4843
  • Zip Code: 46217

Valuation

    Tax

  • Total Area: 2,346
  • Tax Year: 2022
  • Tax Amount: $3,889
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 354,232
  • High Value: 431,767
  • Low Value: 276,697

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,910
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Feb 17, 2011
  • First Open Lien Mortgage Loan Amount: $143,910
  • 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: Feb 01, 2041

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $34,600
  • Market Improvement Value: $265,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,000
  • Assessed Land Value: $34,600
  • Assessed Improvements Value: $265,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 19, 2011
  • Current Sale Recording Date: Feb 17, 2011
  • Current Sale Transaction ID: 1078679879
  • Current Sale Price: $179,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201100015805

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Feb 17, 2011
  • First Mortgage Loan Amount: $143,910
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2041

About Hill Valley



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Frequently Asked Questions

What neighborhood is 741 Mellowood Drive located in?
The 741 Mellowood Drive is a located in the neighborhood of Hill Valley Estates in Hill Valley, Indianapolis.
What is the average sales price for listings in 741 Mellowood Drive?
The average sales price for units in 741 Mellowood Drive is $0 currently.

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