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7741 Lola Court

7741 Lola Court, Indianapolis, IN 46219
Sold Apr 09, 2020
$173,500
$164,800 by Citizens Bank
Mortgage
Sold May 25, 2005
$131,100
$104,900 by Indiana Members Cu
Mortgage Due Jun 01, 2035
Local assessors in Indianapolis, IN have categorized 7741 Lola Court as a residential type of property. The home was built in 1967 and is 57 years old. It was most recently renovated and altered in 1986. The property's lot size has been calculated to be 14,157 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 1,090 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 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 7741 Lola Court has a total of 1,911 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 567 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 - C. 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 Mar 25, 2020 for $173,500. That's $70.02 per sqft. Prior to that sales transaction, the property was also sold in May 20, 2005 for $131,100. 7741 Lola Court was last assessed in 2023. The total value of the property was assessed at $218,400. Specifically, the land the property is located on was valued at $23,000. While improvements on the property were assessed at a total of $195,400. 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 $2,257. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Brick Exterior
Cedar Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 567
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,157
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 2,478
  • Gross Building Area: 2,478
  • Building Area: 1,911
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,911
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JUSTUS EASTGATE 5TH SEC
  • Land Acres: 0.325
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: JUSTUS EASTGATE 5TH SEC L26

Ownership

  • Current Owner : CROWN TOREY
  • Previous Owner : GILBERT DANIEL E
  • Previous Owner 2: GILBERT MELODIE F
  • Owner Before Previous Owner: KAMP GAYLE O
  • Owner Before Previous Owner 2: KAMP THELMA C
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Warren Township Metropolitan School District
  • Census Tract: 360602

Geography

  • Assessors Map Reference: 2340-B1
  • District: 0007
  • Section: 360
  • Parcel: 49-07-36-126-067.000-700
  • Lot: 26
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7882
  • Longitude: -86.0307

    Address

  • Full Address: 7741 Lola Ct
  • Address - House Number: 7741
  • Address - Street Name: Lola
  • Address - Suffix Type: Ct
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C033
  • 4-Digit Zip Code: 3819
  • Zip Code: 46219

Valuation

    Tax

  • Total Area: 1,911
  • Tax Year: 2022
  • Tax Amount: $2,257
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.2252
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 274,516
  • High Value: 336,351
  • Low Value: 212,681

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,800
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Apr 09, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $164,800
  • 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: $218,400
  • Market Land Value: $23,000
  • Market Improvement Value: $195,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,400
  • Assessed Land Value: $23,000
  • Assessed Improvements Value: $195,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 25, 2020
  • Current Sale Recording Date: Apr 09, 2020
  • Current Sale Transaction ID: 11755310992
  • Current Sale Price: $173,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000036712
  • Previous Sale Recording Date: May 25, 2005
  • Previous Sale Contract Date: May 20, 2005
  • Previous Sale Amount: $131,100
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK
  • First Mortgage Transaction Date: Apr 09, 2020
  • First Mortgage Loan Amount: $164,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: INDIANA MEMBERS CU
  • Previous Mortgage Transaction Date: May 25, 2005
  • Previous Mortgage Loan Amount: $104,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About Far Eastside



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Frequently Asked Questions

What neighborhood is 7741 Lola Court located in?
The 7741 Lola Court is a house located in the neighborhood of Far Eastside in Far Eastside, Indianapolis.
What is the average sales price for listings in 7741 Lola Court?
The average sales price for units in 7741 Lola Court is $0 currently.

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