See Home Value
$297,135*
House - Off Market

7732 N Sherman Drive

Indianapolis, IN 46240
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1995 Sqft
$270,000 - $328,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Sold Oct 05, 2023
$297,511
$294,566 by Elements Financial Fcu
Mortgage Due Sep 01, 2053
Sold Sep 02, 2005
$197,500
$158,000 by National City Mortgage
Mortgage Due Sep 01, 2035

About This Property

Attractive, well maintained 4 BR home in fantastic neighborhood.  Home has many updates including newer HVAC system & Electric panel.  Newer Whole House Emergency Generac Generator assures uninterrupted power supply! Newer kitchen counters & flooring.  Stainless steel appliances in kitchen.  Oven has gas top burners & electric oven.  All 4 brs have ceiling fans & original refinished hardwood flooring.  Den on first floor could be 5th BR. Great screened in porch for relaxation.  Large beautiful lot located close to shopping & amenities. Walking distance to Washington Township Schools with playground & ball fields. Riding mower, snow blower & Kitchen pantry cabinet also included. City water available for hook up, possible sewer as well.

The manager has listed the unit size as 1995 square feet.
Unit Size
1,995Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$150
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962

Price History

Date / Event Date Event Price
Sep 3, 2023 No longer available -
No longer available
Jul 21, 2023 In contract -
In contract
Jul 19, 2023 Price Decreased $299,000
↓ $26K (8%)
Price Decreased
Jul 1, 2023 Price Decreased $325,000
↓ $25K (7.1%)
Price Decreased
Jun 23, 2023 Listed $349,900
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 870
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,691
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 3,250
  • Gross Building Area: 3,250
  • Building Area: 1,940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,940
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: MENDENHALLS PLEASANT ACRES 3RD SEC
  • Land Acres: 0.475
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MENDENHALLS PLEASANT ACRES 3RD SEC L153

Ownership

  • Current Owner : FINCHUM THOMAS
  • Current Owner 2: FINCHUM ALEX
  • Previous Owner : FISHER LARRY D
  • Owner Before Previous Owner: WINEBAR GILBERT C
  • Owner Before Previous Owner 2: WINEBAR PATRICIA B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320301

Geography

  • Assessors Map Reference: 2011-D7
  • District: 0008
  • Section: 290
  • Parcel: 49-02-29-116-004.000-800
  • Lot: 153
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8948
  • Longitude: -86.1028

    Address

  • Full Address: 7732 N Sherman Dr
  • Address - House Number: 7732
  • Street Direction: N
  • Address - Street Name: Sherman
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C025
  • 4-Digit Zip Code: 3411
  • Zip Code: 46240

Valuation

    Tax

  • Total Area: 2,810
  • Tax Year: 2022
  • Tax Amount: $3,578
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2238
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 329,603
  • High Value: 403,384
  • Low Value: 255,822

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $294,566
  • First Open Lien Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Open Lien Mortgage Recording Date: Oct 05, 2023
  • First Open Lien Mortgage Loan Amount: $294,566
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $257,900
  • Market Land Value: $60,100
  • Market Improvement Value: $197,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,900
  • Assessed Land Value: $60,100
  • Assessed Improvements Value: $197,800

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 05, 2023
  • Current Sale Transaction ID: 11914293081
  • Current Sale Price: $297,511
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 83397
  • Previous Sale Recording Date: Sep 02, 2005
  • Previous Sale Contract Date: Aug 24, 2005
  • Previous Sale Amount: $197,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Mortgage Transaction Date: Oct 05, 2023
  • First Mortgage Loan Amount: $294,566
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MORTGAGE
  • Previous Mortgage Transaction Date: Sep 02, 2005
  • Previous Mortgage Loan Amount: $158,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
1.5 Baths
1,290 ft²
$205/ft²
$265,000 Jul 25, 2023
-
$312/mo

About Clearwater


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Frequently Asked Questions

When was property at 7732 North Sherman Drive built and last sold?
The property at 7732 North Sherman Drive was built in 1962 and last sold on Sep 28, 2023 for $297,511.
How much is this home worth?
The estimated value of the home located at 7732 North Sherman Drive is $328,250.
What are some comparable homes to 7732 North Sherman Drive?
Homes that are comparable to 7732 North Sherman Drive include a condo property at 7803 Harbour Isle, located in Indianapolis, IN.

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