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7635 Noel Forest Lane

7635 Noel Forest Lane, Indianapolis, IN 46278
Property in Trader's Point
Sold Apr 29, 2019
$450,000
$405,000 by Mjw Financial Llc
Mortgage
Sold Mar 22, 2018
$410,000
$389,500 by Elements Financial Fcu
Mortgage Due Apr 01, 2048
Local assessors in Indianapolis, IN have categorized 7635 Noel Forest Lane as a residential type of property. The home was built in 1981 and is 43 years old. The property's lot size has been calculated to be 64,382 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7635 Noel Forest Lane has a total of 3,421 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 676 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 716 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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 central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 9, 2019 for $450,000. That's $93.50 per sqft. Prior to that sales transaction, the property was also sold in Mar 21, 2018 for $410,000. 7635 Noel Forest Lane was last assessed in 2023. The total value of the property was assessed at $489,100. Specifically, the land the property is located on was valued at $73,400. While improvements on the property were assessed at a total of $415,700. 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 $5,180. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 676
  • Garage Type: Attached
  • Garage Square Area: 716
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 64,382
  • Total Building Area: 4,813
  • Gross Building Area: 4,813
  • Building Area: 3,421
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,421
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: NOEL FOREST
  • Land Acres: 1.478
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: NOEL FOREST L8

Ownership

  • Current Owner : BURKE JEFFREY
  • Previous Owner : TRACEY MICHAEL
  • Previous Owner 2: MITTAS AGHABI
  • Owner Before Previous Owner: JENKINS JOHN C
  • Owner Before Previous Owner 2: JENKINS ELIZABETH D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pike Township Metropolitan School District
  • Census Tract: 310112

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2116-D1
  • District: 0006
  • Section: 270
  • Parcel: 49-04-27-107-005.000-600
  • Lot: 8
  • Meridian: SEC 28 TWN 17N RNG 02
  • Municipality: PIKE TOWNSHIP
  • Latitude: 39.8869
  • Longitude: -86.2971

    Address

  • Full Address: 7635 Noel Forest Ln
  • Address - House Number: 7635
  • Address - Street Name: Noel Forest
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C034
  • 4-Digit Zip Code: 1566
  • Zip Code: 46278

Valuation

    Tax

  • Total Area: 4,097
  • Tax Year: 2022
  • Tax Amount: $5,180
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 512,259
  • High Value: 627,383
  • Low Value: 397,135

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: MJW FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Apr 29, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $405,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $489,100
  • Market Land Value: $73,400
  • Market Improvement Value: $415,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $489,100
  • Assessed Land Value: $73,400
  • Assessed Improvements Value: $415,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 09, 2019
  • Current Sale Recording Date: Apr 29, 2019
  • Current Sale Transaction ID: 11603416890
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900037087
  • Previous Sale Recording Date: Mar 22, 2018
  • Previous Sale Contract Date: Mar 21, 2018
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MJW FINANCIAL LLC
  • First Mortgage Transaction Date: Apr 29, 2019
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ELEMENTS FINANCIAL FCU
  • Previous Mortgage Transaction Date: Mar 22, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $389,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About Trader's Point



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Frequently Asked Questions

What neighborhood is 7635 Noel Forest Lane located in?
The 7635 Noel Forest Lane is a located in the neighborhood of Trader's Point in Trader's Point, Indianapolis.
What is the average sales price for listings in 7635 Noel Forest Lane?
The average sales price for units in 7635 Noel Forest Lane is $0 currently.

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