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7830 Laverne Road

7830 Laverne Road, Indianapolis, IN 46217
Property in Linden Wood
Sold Jun 29, 2023
$372,400
$280,000 by The Union Savings Bank
Mortgage Due Jul 01, 2053
Sold Nov 09, 2022
$224,100
$228,956 by Freedom Mortgage Corporation
Mortgage Due Nov 01, 2052
Local assessors in Indianapolis, IN have categorized 7830 Laverne Road as a residential type of property. The home was built in 1929 and is 95 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 3,960 ft and the front of the lot was measured at 1,100 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7830 Laverne Road has a total of 2,224 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 none system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 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 frame 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 - D. 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. 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, 7830 Laverne Road sold most recently in Jun 22, 2023 for a total of $372,400. If you work out the math, that's approximately a cost of $167.45 per sqft. Before that, the property was also sold for $224,100 in Sep 2, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,034 in taxes each year. 7830 Laverne Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $167,600. If we break it down further, the land itself was valued at $27,400. Improvements to the property, however, were assessed at a total of $140,200. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 3,960
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,224
  • Gross Building Area: 2,224
  • Building Area: 2,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: DANDY TRAIL ESTATES SURVEY
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: DANDY TRAIL EST SURVEY PT SE 1/4 S14 T14 R3 1ACL40

Ownership

  • Current Owner : PAGE DAVID A
  • Current Owner 2: PAGE AMANDA
  • Previous Owner : CAROTHERS WILLIAM J
  • Owner Before Previous Owner: CAROTHERS WILLIAM J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 381207

Geography

  • Assessors Map Reference: 2555-B5
  • District: 0005
  • Section: 140
  • Subdivision Tract Number: 40
  • Parcel: 49-14-14-125-022.000-500
  • Lot: 40
  • Meridian: SEC 14 TWN 14 RNG 3
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6512
  • Longitude: -86.1656

    Address

  • Full Address: 7830 Laverne Rd
  • Address - House Number: 7830
  • Address - Street Name: Laverne
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 4208
  • Zip Code: 46217

Valuation

    Tax

  • Total Area: 2,176
  • Tax Year: 2022
  • Tax Amount: $2,034
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.1959
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 73
  • Final Value: 303,455
  • High Value: 362,911
  • Low Value: 243,999

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: THE UNION SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jun 29, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $167,600
  • Market Land Value: $27,400
  • Market Improvement Value: $140,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,600
  • Assessed Land Value: $27,400
  • Assessed Improvements Value: $140,200

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Transaction ID: 11908984989
  • Current Sale Price: $372,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 52704
  • Previous Sale Recording Date: Nov 09, 2022
  • Previous Sale Contract Date: Sep 02, 2022
  • Previous Sale Amount: $224,100
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE UNION SAVINGS BANK
  • First Mortgage Transaction Date: Jun 29, 2023
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: Nov 09, 2022
  • Previous Mortgage Loan Amount: $228,956
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2052

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Frequently Asked Questions

What neighborhood is 7830 Laverne Road located in?
The 7830 Laverne Road is a located in the neighborhood of Linden Wood in Linden Wood, Indianapolis.
What is the average sales price for listings in 7830 Laverne Road?
The average sales price for units in 7830 Laverne Road is $0 currently.

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