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7840 East 49th Street

7840 East 49th Street, Indianapolis, IN 46226
House in Lawrence
Sold Jan 26, 2018
$87,500
$70,000 by Chemical Bank
Mortgage
Sold Jul 28, 2017
Transfer
Local assessors in Indianapolis, IN have categorized 7840 East 49th Street as a residential type of property. The home was built in 1956 and is 68 years old. It was most recently renovated and altered in 2016. The property's lot size has been calculated to be 8,015 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 640 ft. 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 7840 East 49th Street has a total of 988 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 full basement that is 988 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 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 352 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a above ground pool on the property. Perfect for those who want to host pool parties over the summer. 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 - C. The building has a roof that is made of asphalt. Residents rely on no 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, 7840 East 49th Street sold most recently in Dec 22, 2017 for a total of $87,500. If you work out the math, that's approximately a cost of $44.28 per sqft. 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 $2,824 in taxes each year. 7840 East 49th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $136,900. If we break it down further, the land itself was valued at $16,800. Improvements to the property, however, were assessed at a total of $120,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1956
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 988
  • Garage Type: Detached
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 8,015
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,976
  • Gross Building Area: 1,976
  • Building Area: 988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 988
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: NORTH LAWRENCE PARK SEC 1 AMENDE
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: NORTH LAWRENCE PARK ADD 1ST SEC AMENDED L49

Ownership

  • Current Owner : DESIRE TRUST
  • Previous Owner : GRANGER & BROWN INVESTMENTS LLC
  • Owner Before Previous Owner: FRIST BANK
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lawrence Township Metropolitan School District
  • Census Tract: 330600

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2122-B7
  • District: 0004
  • Section: 120
  • Parcel: 49-07-12-121-001.000-407
  • Lot: 49
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.845
  • Longitude: -86.0305

    Address

  • Full Address: 7840 E 49th St
  • Address - House Number: 7840
  • Street Direction: E
  • Address - Street Name: 49th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C021
  • 4-Digit Zip Code: 2822
  • Zip Code: 46226

Valuation

    Tax

  • Total Area: 1,976
  • Tax Year: 2022
  • Tax Amount: $2,824
  • Tax Rate Code Area: 407

    Appraisal Valuation

  • Standard Deviation: 0.2547
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 186,601
  • High Value: 234,138
  • Low Value: 139,063

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: CHEMICAL BANK
  • First Open Lien Mortgage Recording Date: Jan 26, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $70,000
  • 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: $136,900
  • Market Land Value: $16,800
  • Market Improvement Value: $120,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,900
  • Assessed Land Value: $16,800
  • Assessed Improvements Value: $120,100

    Sales

  • Current Sale Contract Date: Dec 22, 2017
  • Current Sale Recording Date: Jan 26, 2018
  • Current Sale Transaction ID: 11434875327
  • Current Sale Price: $87,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800008811
  • Previous Sale Recording Date: Jul 28, 2017
  • Previous Sale Contract Date: Jul 19, 2017
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHEMICAL BANK
  • First Mortgage Transaction Date: Jan 26, 2018
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lawrence



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6800 Brendan Way W. Drive #5621 Brendon Way Court, Indianapolis, IN, 46226 Listing by Manager

Frequently Asked Questions

What neighborhood is 7840 East 49th Street located in?
The 7840 East 49th Street is a house located in the neighborhood of Lawrence in Lawrence, Indianapolis.
What is the average sales price for listings in 7840 East 49th Street?
The average sales price for units in 7840 East 49th Street is $0 currently.

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