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7475 Spring Mill Road

7475 Spring Mill Road, Indianapolis, IN 46260
Property in Meridian Hills
Sold Oct 03, 2019
$314,000
$201,000 by Elements Financial Fcu
Mortgage Due Nov 01, 2034
Sold Jul 09, 2014
$209,000
$213,493 by Union Savings Bank
Mortgage Due Jul 01, 2044
7475 Spring Mill Road in Indianapolis, IN was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7475 Spring Mill Road has 1,878 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,300 ft and the linear feet between the front and back of the lot is 1,950. In total, the area measurement of the land is 25,352 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. For those who need parking, there is a attached garage. The garage is 506 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7475 Spring Mill Road was last sold in Oct 1, 2019 for $314,000. According to our calculations, that's $131.71 per sqft. Prior to that sales transaction, the property was sold for $209,000 in Jun 26, 2014. Current property owners are expected to pay $4,226 in taxes per year. The property on 7475 Spring Mill Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $381,200. To break that down further, the land itself was valued at $139,900. While improvements to the property were assessed at a total of $241,300. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1952
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,352
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 2,384
  • Gross Building Area: 2,384
  • Building Area: 1,878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,878
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: S J KAGAN SOUTH MERIDIAN HILLS HOMES
  • Land Acres: 0.582
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: S J KAGANS MERIDIAN HILLS HOMES L2

Ownership

  • Current Owner : GARCIA PATRICIA
  • Current Owner 2: KAMISH MARK
  • Previous Owner : LANPHERE ANDREW A
  • Owner Before Previous Owner: BENNETT BRYCE H
  • Owner Before Previous Owner 2: BENNETT DONNA D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320800

Geography

  • Assessors Map Reference: 2010-C7
  • District: 0008
  • Section: 260
  • Parcel: 49-03-26-119-010.000-820
  • Lot: 2
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8897
  • Longitude: -86.1646

    Address

  • Full Address: 7475 Spring Mill Rd
  • Address - House Number: 7475
  • Address - Street Name: Spring Mill
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C037
  • 4-Digit Zip Code: 3631
  • Zip Code: 46260

Valuation

    Tax

  • Total Area: 1,878
  • Tax Year: 2021
  • Tax Amount: $4,226
  • Tax Rate Code Area: 820

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 73
  • Final Value: 458,883
  • High Value: 549,451
  • Low Value: 368,315

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,000
  • First Open Lien Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Open Lien Mortgage Recording Date: Oct 03, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $201,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2034

    Market Valuation

  • Market Total Value: $381,200
  • Market Land Value: $139,900
  • Market Improvement Value: $241,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $381,200
  • Assessed Land Value: $139,900
  • Assessed Improvements Value: $241,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 01, 2019
  • Current Sale Recording Date: Oct 03, 2019
  • Current Sale Transaction ID: 11659622393
  • Current Sale Price: $314,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900097050
  • Previous Sale Recording Date: Jul 09, 2014
  • Previous Sale Contract Date: Jun 26, 2014
  • Previous Sale Amount: $209,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Mortgage Transaction Date: Oct 03, 2019
  • First Mortgage Loan Amount: $201,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2034

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNION SAVINGS BANK
  • Previous Mortgage Transaction Date: Jul 09, 2014
  • Previous Mortgage Loan Amount: $213,493
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2044

About Meridian Hills



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Frequently Asked Questions

What neighborhood is 7475 Spring Mill Road located in?
The 7475 Spring Mill Road is a located in the neighborhood of Meridian Hills in Meridian Hills, Indianapolis.
What is the average sales price for listings in 7475 Spring Mill Road?
The average sales price for units in 7475 Spring Mill Road is $0 currently.

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