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7827 Valley Trace Lane

7827 Valley Trace Lane, Indianapolis, IN 46237
Property in South Perry
Sold Jun 06, 2017
$170,000
$166,920 by Freedom Mortgage
Mortgage Due Jun 01, 2047
Sold May 30, 2017
$170,000
7827 Valley Trace Lane in Indianapolis, IN was first built in 2005 and is 19 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7827 Valley Trace Lane has 2,080 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 530 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 6,882 square feet.

Learn more about the property and building on this page. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7827 Valley Trace Lane sold most recently in May 30, 2017 for a total of $170,000. If you work out the math, that's approximately a cost of $68.55 per sqft. Before that, the property was also sold for $170,000 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,559 in taxes each year. 7827 Valley Trace Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $286,000. If we break it down further, the land itself was valued at $33,600. Improvements to the property, however, were assessed at a total of $252,400. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2010
  • 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
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,882
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,480
  • Gross Building Area: 2,480
  • Building Area: 2,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: WHITAKER VALLEY SEC 6
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WHITAKER VALLEY SEC 6 PT L215 & PT L216 BEG SW CORL215 N 45.32 NELY 27.95 SE 139.30 SW 42.46W 130 TO BEG 7788SF

Ownership

  • Current Owner : MOHAMMED FIRAS A
  • Previous Owner : HOUCK NICK
  • Previous Owner 2: HOUCK SHANNON M
  • Owner Before Previous Owner: HOUCK NICK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380902

Geography

  • Assessors Map Reference: 2556-E5
  • District: 0005
  • Section: 160
  • Parcel: 49-15-16-116-028.000-500
  • Lot: 215
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.653
  • Longitude: -86.0933

    Address

  • Full Address: 7827 Valley Trace Ln
  • Address - House Number: 7827
  • Address - Street Name: Valley Trace
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R098
  • 4-Digit Zip Code: 8569
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 2,080
  • Tax Year: 2022
  • Tax Amount: $3,559
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 329,158
  • High Value: 403,132
  • Low Value: 255,184

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,920
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 06, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $166,920
  • 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: Jun 01, 2047

    Market Valuation

  • Market Total Value: $286,000
  • Market Land Value: $33,600
  • Market Improvement Value: $252,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,000
  • Assessed Land Value: $33,600
  • Assessed Improvements Value: $252,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 2017
  • Current Sale Recording Date: Jun 06, 2017
  • Current Sale Transaction ID: 11340372737
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201700064406
  • Previous Sale Recording Date: May 30, 2017
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE
  • First Mortgage Transaction Date: Jun 06, 2017
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Perry



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Frequently Asked Questions

What neighborhood is 7827 Valley Trace Lane located in?
The 7827 Valley Trace Lane is a located in the neighborhood of South Perry in South Perry, Indianapolis.
What is the average sales price for listings in 7827 Valley Trace Lane?
The average sales price for units in 7827 Valley Trace Lane is $0 currently.

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