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7941 Springwater Court

7941 Springwater Court, Indianapolis, IN 46256
Property in Eagle Nest
Sold Aug 02, 2021
$231,300
$185,000 by Jp Morgan Chase Bank
Mortgage
7941 Springwater Court in Indianapolis, IN was first built in 1985 and is 39 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. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7941 Springwater Court has 1,858 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 15,028 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 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 1,050 sqft. There are a total of 4 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 frame 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 fair. 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. The property was last sold in May 20, 2021 for $231,300. That's $79.54 per sqft. 7941 Springwater Court was last assessed in 2023. The total value of the property was assessed at $316,000. Specifically, the land the property is located on was valued at $45,200. While improvements on the property were assessed at a total of $270,800. 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 $3,351. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,050
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 15,028
  • Total Building Area: 2,908
  • Gross Building Area: 2,908
  • Building Area: 1,858
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,858
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: CASTLE COVE SEC 5
  • Land Acres: 0.345
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: CASTLE COVE SEC V L 175

Ownership

  • Current Owner : HALL MELVIN G
  • Current Owner 2: HALL DAISY M
  • Previous Owner : HALL MELVIN G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lawrence Township Metropolitan School District
  • Census Tract: 330107

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2013-B6
  • District: 0004
  • Section: 240
  • Parcel: 49-02-24-133-004.000-400
  • Lot: 175
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.8996
  • Longitude: -86.0272

    Address

  • Full Address: 7941 Springwater Ct
  • Address - House Number: 7941
  • Address - Street Name: Springwater
  • Address - Suffix Type: Ct
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C007
  • 4-Digit Zip Code: 1689
  • Zip Code: 46256

Valuation

    Tax

  • Total Area: 1,858
  • Tax Year: 2022
  • Tax Amount: $3,351
  • Tax Rate Code Area: 400

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 363,320
  • High Value: 444,972
  • Low Value: 281,668

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: JP MORGAN CHASE BANK
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Loan Amount: $185,000
  • 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: FIFTH THIRD BANK NA WESTERN MI
  • Second Open Lien Mortgage Recording Date: Dec 07, 2022
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 25, 2052

    Market Valuation

  • Market Total Value: $316,000
  • Market Land Value: $45,200
  • Market Improvement Value: $270,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,000
  • Assessed Land Value: $45,200
  • Assessed Improvements Value: $270,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Transaction ID: 11846700371
  • Current Sale Price: $231,300
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: A202100101145

    Last Sale Mortgage

  • First Mortgage Lender: JP MORGAN CHASE BANK
  • First Mortgage Transaction Date: Aug 02, 2021
  • First Mortgage Loan Amount: $185,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About I69-Fall Creek



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Frequently Asked Questions

What neighborhood is 7941 Springwater Court located in?
The 7941 Springwater Court is a located in the neighborhood of Eagle Nest in I69-Fall Creek, Indianapolis.
What is the average sales price for listings in 7941 Springwater Court?
The average sales price for units in 7941 Springwater Court is $0 currently.

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