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7611 William Penn Drive

7611 William Penn Drive, Indianapolis, IN 46256
Sold Mar 03, 2022
$840,000
$350,000 by Keybank National Association
Mortgage Due Mar 01, 2052
Sold Jul 21, 2020
$825,000
Local assessors in Indianapolis, IN have categorized 7611 William Penn Drive as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 47,480 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7611 William Penn Drive has a total of 6,892 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 3,566 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from none system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 1,170 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7611 William Penn Drive sold most recently in Feb 24, 2022 for a total of $840,000. If you work out the math, that's approximately a cost of $101.18 per sqft. Before that, the property was also sold for $825,000 in Jul 15, 2020. 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 $10,499 in taxes each year. 7611 William Penn Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $917,400. If we break it down further, the land itself was valued at $143,200. Improvements to the property, however, were assessed at a total of $774,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 3,566
  • Garage Type: Attached
  • Garage Square Area: 1,170
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 47,480
  • Total Building Area: 8,302
  • Gross Building Area: 8,302
  • Building Area: 6,892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 6,892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: BOLANDER WOODS
  • Land Acres: 1.09
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BOLANDER WOODS L 28

Ownership

  • Current Owner : PYLE KEITH R
  • Current Owner 2: PYLE CHRISTINE H
  • Previous Owner : DALE HENDERSON DANNY
  • Previous Owner 2: EVEABETH TERESA
  • Owner Before Previous Owner: MADDOX MARK E
  • Owner Before Previous Owner 2: MADDOX PAMELA K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • District: 0004
  • Section: 300
  • Parcel: 49-01-30-108-008.000-400
  • Lot: 28
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.8925
  • Longitude: -86.013

    Address

  • Full Address: 7611 William Penn Dr
  • Address - House Number: 7611
  • Address - Street Name: William Penn
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C001
  • 4-Digit Zip Code: 2285
  • Zip Code: 46256

Valuation

    Tax

  • Total Area: 7,132
  • Tax Year: 2022
  • Tax Amount: $10,499
  • Tax Rate Code Area: 400

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 930,795
  • High Value: 1,083,051
  • Low Value: 778,538

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: KEYBANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Mar 03, 2022
  • First Open Lien Mortgage Loan Amount: $350,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $917,400
  • Market Land Value: $143,200
  • Market Improvement Value: $774,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $917,400
  • Assessed Land Value: $143,200
  • Assessed Improvements Value: $774,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Transaction ID: 11880755054
  • Current Sale Price: $840,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26631
  • Previous Sale Recording Date: Jul 21, 2020
  • Previous Sale Contract Date: Jul 15, 2020
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEYBANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Mar 03, 2022
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

About I69-Fall Creek



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Frequently Asked Questions

What neighborhood is 7611 William Penn Drive located in?
The 7611 William Penn Drive is a house located in the neighborhood of I69-Fall Creek in I69-Fall Creek, Indianapolis.
What is the average sales price for listings in 7611 William Penn Drive?
The average sales price for units in 7611 William Penn Drive is $0 currently.

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