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7806 Ashtree Drive

7806 Ashtree Drive, Indianapolis, IN 46259
Sold Jun 25, 2020
$450,000
$427,500 by Caliber Home Loans Inc
Mortgage
Local assessors in Indianapolis, IN have categorized 7806 Ashtree Drive as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 40,598 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 14 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 4 full bathrooms. There are also 5 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 7806 Ashtree Drive has a total of 4,503 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 1,154 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 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 769 sqft. There are 3 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 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 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 Jun 19, 2020 for $450,000. That's $73.76 per sqft. 7806 Ashtree Drive was last assessed in 2023. The total value of the property was assessed at $534,100. Specifically, the land the property is located on was valued at $127,300. While improvements on the property were assessed at a total of $406,800. 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 $5,637. 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. 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 / Wood Exterior
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,154
  • Garage Type: Attached
  • Garage Square Area: 769
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 40,598
  • Total Building Area: 6,101
  • Gross Building Area: 6,101
  • Building Area: 4,503
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,503
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TIMBERLAKES SEC 1
  • Land Acres: 0.932
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TIMBERLAKES SEC 1 L 8 & L9

Ownership

  • Current Owner : GRAVES MATTHEW R
  • Current Owner 2: GRAVES SUSAN M
  • Previous Owner : MEYER KATHY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township Community School Corporation
  • Census Tract: 390407

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2558-B5
  • District: 0003
  • Section: 130
  • Parcel: 49-15-13-118-043.000-300
  • Lot: 9
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.6552
  • Longitude: -86.0293

    Address

  • Full Address: 7806 Ashtree Dr
  • Address - House Number: 7806
  • Address - Street Name: Ashtree
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R018
  • 4-Digit Zip Code: 8602
  • Zip Code: 46259

Valuation

    Tax

  • Total Area: 5,332
  • Tax Year: 2022
  • Tax Amount: $5,637
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 74
  • Final Value: 614,494
  • High Value: 734,418
  • Low Value: 494,569

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $457,500
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 25, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $427,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 23, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 20, 2026

    Market Valuation

  • Market Total Value: $534,100
  • Market Land Value: $127,300
  • Market Improvement Value: $406,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $534,100
  • Assessed Land Value: $127,300
  • Assessed Improvements Value: $406,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jun 25, 2020
  • Current Sale Transaction ID: 11771728911
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000065084

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jun 25, 2020
  • First Mortgage Loan Amount: $427,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 7806 Ashtree Drive located in?
The 7806 Ashtree Drive is a house located in the neighborhood of Flat Branch Estates in South Franklin, Indianapolis.
What is the average sales price for listings in 7806 Ashtree Drive?
The average sales price for units in 7806 Ashtree Drive is $0 currently.

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