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7535 Teel Way

7535 Teel Way, Indianapolis, IN 46256
House in Eagle Nest
Sold May 24, 2019
$220,700
$176,550 by First Merchants Bank Na
Mortgage
Sold Jun 28, 2017
$230,000
7535 Teel Way in Indianapolis, IN was first built in 1983 and is 41 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 7535 Teel Way has 2,972 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 basement is 1,265 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,030 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 15,464 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 none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 552 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 frame 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 fair. 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. The property was last sold in May 22, 2019 for $220,700. That's $62.63 per sqft. Prior to that sales transaction, the property was also sold in Jun 16, 2017 for $230,000. 7535 Teel Way was last assessed in 2023. The total value of the property was assessed at $425,100. Specifically, the land the property is located on was valued at $51,500. While improvements on the property were assessed at a total of $373,600. 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 $4,357. 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. 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

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,265
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,464
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 3,524
  • Gross Building Area: 3,524
  • Building Area: 2,972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,972
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: EAGLENEST SUB SEC 8S PART 2
  • Land Acres: 0.355
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: EAGLENEST SEC 8S PART 2 L403

Ownership

  • Current Owner : RICKARD KATHLEEN M
  • Previous Owner : ENDICOTT JENNY L
  • Owner Before Previous Owner: RAPP MARK W
  • Owner Before Previous Owner 2: RAPP NANCY KOMENDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Township Metropolitan School District
  • Census Tract: 330107

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2013-C7
  • District: 0004
  • Section: 250
  • Parcel: 49-02-25-100-007.000-400
  • Lot: 403
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.8923
  • Longitude: -86.0225

    Address

  • Full Address: 7535 Teel Way
  • Address - House Number: 7535
  • Address - Street Name: Teel
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C029
  • 4-Digit Zip Code: 2147
  • Zip Code: 46256

Valuation

    Tax

  • Total Area: 2,972
  • Tax Year: 2022
  • Tax Amount: $4,357
  • Tax Rate Code Area: 400

    Appraisal Valuation

  • Standard Deviation: 0.2204
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 413,882
  • High Value: 505,143
  • Low Value: 322,621

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,550
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Open Lien Mortgage Recording Date: May 24, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $176,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $425,100
  • Market Land Value: $51,500
  • Market Improvement Value: $373,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,100
  • Assessed Land Value: $51,500
  • Assessed Improvements Value: $373,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2019
  • Current Sale Recording Date: May 24, 2019
  • Current Sale Transaction ID: 11610446588
  • Current Sale Price: $220,700
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: A201900046927
  • Previous Sale Recording Date: Jun 28, 2017
  • Previous Sale Contract Date: Jun 16, 2017
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Mortgage Transaction Date: May 24, 2019
  • First Mortgage Loan Amount: $176,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Fixed Rate

About I69-Fall Creek



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,090 /mo

  • 2 Beds
  • 2 Baths
  • 1,051 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 7535 Teel Way located in?
The 7535 Teel Way is a house located in the neighborhood of Eagle Nest in I69-Fall Creek, Indianapolis.
What is the average sales price for listings in 7535 Teel Way?
The average sales price for units in 7535 Teel Way is $0 currently.

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