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7546 Ridge Harvest Lane

7546 Ridge Harvest Lane, Indianapolis, IN 46259
Property in South Franklin
Sold Apr 28, 2022
$272,500
$218,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2052
Sold Jul 22, 2015
$299,800
$239,875 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2045
7546 Ridge Harvest Lane has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7546 Ridge Harvest Lane has 2,271 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 746 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 24,400 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 675 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. 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, 7546 Ridge Harvest Lane was last sold in Apr 13, 2022 for $272,500. According to our calculations, that's $73.81 per sqft. Prior to that sales transaction, the property was sold for $299,800 in Jul 15, 2015. Current property owners are expected to pay $3,916 in taxes per year. The property on 7546 Ridge Harvest Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $343,700. To break that down further, the land itself was valued at $51,500. While improvements to the property were assessed at a total of $292,200. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2003
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 746
  • Garage Type: Attached
  • Garage Square Area: 675
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 24,400
  • Total Building Area: 3,692
  • Gross Building Area: 3,692
  • Building Area: 2,271
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,271
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: LAKELAND TRAILS SEC 3
  • Land Acres: 0.56
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LAKELAND TRAILS SEC 3 L 106

Ownership

  • Current Owner : ORANGE-MILLER DEBRA L
  • Previous Owner : ORANGE-MILLER DEBRA L
  • Owner Before Previous Owner: BOUSUM BRIAN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township Community School Corporation
  • Census Tract: 390407

Geography

  • Assessors Map Reference: 2557-E5
  • District: 0003
  • Section: 130
  • Parcel: 49-15-13-132-031.000-300
  • Lot: 106
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.6583
  • Longitude: -86.0406

    Address

  • Full Address: 7546 Ridge Harvest Ln
  • Address - House Number: 7546
  • Address - Street Name: Ridge Harvest
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R014
  • 4-Digit Zip Code: 8742
  • Zip Code: 46259

Valuation

    Tax

  • Total Area: 3,017
  • Tax Year: 2022
  • Tax Amount: $3,916
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.2185
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 399,856
  • High Value: 487,255
  • Low Value: 312,456

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 28, 2022
  • First Open Lien Mortgage Loan Amount: $218,000
  • 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, 2052

    Market Valuation

  • Market Total Value: $343,700
  • Market Land Value: $51,500
  • Market Improvement Value: $292,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,700
  • Assessed Land Value: $51,500
  • Assessed Improvements Value: $292,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 13, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Transaction ID: 11886765099
  • Current Sale Price: $272,500
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 49511
  • Previous Sale Recording Date: Jul 22, 2015
  • Previous Sale Contract Date: Jul 15, 2015
  • Previous Sale Amount: $299,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 28, 2022
  • First Mortgage Loan Amount: $218,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 22, 2015
  • Previous Mortgage Loan Amount: $239,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About South Franklin



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Frequently Asked Questions

What neighborhood is 7546 Ridge Harvest Lane located in?
The 7546 Ridge Harvest Lane is a located in the neighborhood of South Franklin in South Franklin, Indianapolis.
What is the average sales price for listings in 7546 Ridge Harvest Lane?
The average sales price for units in 7546 Ridge Harvest Lane is $0 currently.

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