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7842 Meadow Bend Drive

7842 Meadow Bend Drive, Indianapolis, IN 46259
Sold Mar 21, 2018
$239,000
$222,195 by Jp Morgan Chase Bank
Mortgage Due Apr 01, 2036
Sold Mar 19, 2018
$239,000
7842 Meadow Bend Drive in Indianapolis, IN was first built in 1998 and is 26 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 13 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7842 Meadow Bend Drive has 2,920 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. In total, the area measurement of the land is 11,881 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 694 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7842 Meadow Bend Drive was last sold in Mar 19, 2018 for $239,000. According to our calculations, that's $66.13 per sqft. Prior to that sales transaction, the property was sold for $239,000 in Jan 1, 1970. Current property owners are expected to pay $3,382 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 7842 Meadow Bend Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $343,700. To break that down further, the land itself was valued at $38,600. While improvements to the property were assessed at a total of $305,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • 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: 694
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,881
  • Total Building Area: 3,614
  • Gross Building Area: 3,614
  • Building Area: 2,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MEADOW BEND SEC 1
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MEADOW BEND SEC 1 L 44

Ownership

  • Current Owner : MERCHANT IMRAN G
  • Previous Owner : GRIFFIN MATTHEW F
  • Previous Owner 2: GRIFFIN STEPHANIE J
  • Owner Before Previous Owner: GRIFFIN MATTHEW F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2558-B5
  • District: 0003
  • Section: 130
  • Parcel: 49-15-13-111-005.000-300
  • Lot: 44
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.6526
  • Longitude: -86.0279

    Address

  • Full Address: 7842 Meadow Bend Dr
  • Address - House Number: 7842
  • Address - Street Name: Meadow Bend
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R062
  • 4-Digit Zip Code: 6703
  • Zip Code: 46259

Valuation

    Tax

  • Total Area: 2,920
  • Tax Year: 2022
  • Tax Amount: $3,382
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 74
  • Final Value: 381,298
  • High Value: 455,712
  • Low Value: 306,884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,195
  • First Open Lien Mortgage Lender: JP MORGAN CHASE BANK
  • First Open Lien Mortgage Recording Date: Mar 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $222,195
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $343,700
  • Market Land Value: $38,600
  • Market Improvement Value: $305,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,700
  • Assessed Land Value: $38,600
  • Assessed Improvements Value: $305,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 19, 2018
  • Current Sale Recording Date: Mar 21, 2018
  • Current Sale Transaction ID: 11448917130
  • Current Sale Price: $239,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201800027228
  • Previous Sale Recording Date: Mar 19, 2018
  • Previous Sale Amount: $239,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Mortgage Transaction Date: Mar 21, 2018
  • First Mortgage Loan Amount: $227,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Franklin



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8351 Brambleberry Drive, Indianapolis, IN, 46239 Listing by Evona Watson

Frequently Asked Questions

What neighborhood is 7842 Meadow Bend Drive located in?
The 7842 Meadow Bend 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 7842 Meadow Bend Drive?
The average sales price for units in 7842 Meadow Bend Drive is $0 currently.

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