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7540 Turnberry Court

7540 Turnberry Court, Indianapolis, IN 46237
Property in South Franklin
Sold May 29, 2007
$103,800
$83,000 by First Magnus Financial Corp
Mortgage Due May 01, 2037
Sold Dec 06, 2006
Transfer
7540 Turnberry Court in Indianapolis, IN was first built in 1978 and is 46 years old. Although, the building on the property was most recently renovated and altered in 1998. 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 is only one bathroom. There is a 1 partial bathroom. 7540 Turnberry Court has 1,330 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. In total, the area measurement of the land is 12,241 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. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 480 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. 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 heat pump. 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. 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, 7540 Turnberry Court sold most recently in Apr 20, 2007 for a total of $103,800. If you work out the math, that's approximately a cost of $57.35 per sqft. 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 $1,950 in taxes each year. 7540 Turnberry Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $184,400. If we break it down further, the land itself was valued at $26,600. Improvements to the property, however, were assessed at a total of $157,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1978
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Building Quality: D
  • 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: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,241
  • Total Building Area: 1,810
  • Gross Building Area: 1,810
  • Building Area: 1,330
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,330
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MUIRFIELD SEC 1
  • Land Acres: 0.281
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MUIRFIELD SEC 1 L 90

Ownership

  • Current Owner : YANEZ ANDREA
  • Previous Owner : FRANKLIN CREDIT MANAGEMENT CORPORATION
  • Owner Before Previous Owner: HOMAN THOMAS L
  • Owner Before Previous Owner 2: HOMAN JUDIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township Community School Corporation
  • Census Tract: 390409

Geography

  • Assessors Map Reference: 2557-E4
  • District: 0003
  • Section: 140
  • Parcel: 49-15-14-105-095.000-300
  • Lot: 90
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.6581
  • Longitude: -86.0484

    Address

  • Full Address: 7540 Turnberry Ct
  • Address - House Number: 7540
  • Address - Street Name: Turnberry
  • Address - Suffix Type: Ct
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R019
  • 4-Digit Zip Code: 9656
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 1,330
  • Tax Year: 2022
  • Tax Amount: $1,950
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 246,985
  • High Value: 308,037
  • Low Value: 185,932

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $158,850
  • First Open Lien Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: May 29, 2007
  • First Open Lien Mortgage Loan Amount: $83,000
  • 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, 2037
  • Second Open Lien Mortgage Lender: DITECH FINANCIAL LLC
  • Second Open Lien Mortgage Recording Date: Aug 05, 2016
  • Second Open Lien Mortgage Loan Amount: $75,850
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2031

    Market Valuation

  • Market Total Value: $184,400
  • Market Land Value: $26,600
  • Market Improvement Value: $157,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,400
  • Assessed Land Value: $26,600
  • Assessed Improvements Value: $157,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 2007
  • Current Sale Recording Date: May 29, 2007
  • Current Sale Transaction ID: 1090993686
  • Current Sale Price: $103,800
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2007-0078801
  • Previous Sale Recording Date: Dec 06, 2006
  • Previous Sale Contract Date: Aug 28, 2006
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Mortgage Transaction Date: May 29, 2007
  • First Mortgage Loan Amount: $83,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2037

About South Franklin



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7540 Turnberry Court located in?
The 7540 Turnberry Court is a located in the neighborhood of South Franklin in South Franklin, Indianapolis.
What is the average sales price for listings in 7540 Turnberry Court?
The average sales price for units in 7540 Turnberry Court is $0 currently.

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