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7609 Hearthstone Way

7609 Hearthstone Way, Indianapolis, IN 46227
House in South Perry
Sold Dec 31, 2019
$190,400
$187,906 by Caliber Home Loans Inc
Mortgage Due Dec 31, 2049
Sold Jul 18, 2008
Transfer
7609 Hearthstone Way in Indianapolis, IN was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 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. 7609 Hearthstone Way has 1,606 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 880 ft and the linear feet between the front and back of the lot is 3,000. In total, the area measurement of the land is 12,937 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. 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 masonry 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. 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, 7609 Hearthstone Way sold most recently in Dec 12, 2019 for a total of $190,400. If you work out the math, that's approximately a cost of $90.15 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 $2,717 in taxes each year. 7609 Hearthstone Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $224,100. If we break it down further, the land itself was valued at $29,000. Improvements to the property, however, were assessed at a total of $195,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 12,937
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 880
  • Total Building Area: 2,112
  • Gross Building Area: 2,112
  • Building Area: 1,606
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,606
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOLLY HILLS SEC 8
  • Land Acres: 0.297
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HOLLY HILLS 8TH SEC L478

Ownership

  • Current Owner : THANG MING
  • Current Owner 2: MAN SAI
  • Previous Owner : PEAY ROBERT E
  • Previous Owner 2: PEAY BARBARA L
  • Owner Before Previous Owner: BENEFICIAL INDIANA INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380901

Geography

  • Assessors Map Reference: 2556-C5
  • Parcel: 49-15-17-135-016.000-500
  • Lot: 478
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6563
  • Longitude: -86.1058

    Address

  • Full Address: 7609 Hearthstone Way
  • Address - House Number: 7609
  • Address - Street Name: Hearthstone
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C027
  • 4-Digit Zip Code: 7914
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 1,606
  • Tax Year: 2022
  • Tax Amount: $2,717
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 273,274
  • High Value: 334,689
  • Low Value: 211,859

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,906
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 31, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $187,906
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 31, 2049

    Market Valuation

  • Market Total Value: $224,100
  • Market Land Value: $29,000
  • Market Improvement Value: $195,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,100
  • Assessed Land Value: $29,000
  • Assessed Improvements Value: $195,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2019
  • Current Sale Recording Date: Dec 31, 2019
  • Current Sale Transaction ID: 11716309628
  • Current Sale Price: $190,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900132294
  • Previous Sale Recording Date: Jul 18, 2008
  • Previous Sale Contract Date: Jun 13, 2008
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Dec 31, 2019
  • First Mortgage Loan Amount: $187,906
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Perry



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Nearby Rentals

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$1,400 /mo

  • Studio
Listing by Shelly Johnson
Unit for rent at

$1,419 /mo

  • 2 Beds
  • 1.5 Baths
  • 992 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 7609 Hearthstone Way located in?
The 7609 Hearthstone Way is a house located in the neighborhood of South Perry in South Perry, Indianapolis.
What is the average sales price for listings in 7609 Hearthstone Way?
The average sales price for units in 7609 Hearthstone Way is $199,000 , or $94/sqft. currently.

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