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8040 West 88th Street

8040 West 88th Street, Indianapolis, IN 46278
Sold Sep 17, 2020
$700,000
Sold Mar 27, 2008
$450,000
$360,000 by Countrywide Bank Fsb
Mortgage Due Apr 01, 2038
8040 West 88th Street has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1995 and is 29 years old. However, we must point out that the home was most recently renovated and altered in 2004. The home has a total of 16 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8040 West 88th Street has 4,440 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 2,715 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 52,141 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 805 sqft. According to our sources, there are a total of 3 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. The property was last sold in Sep 15, 2020 for $700,000. That's $112.09 per sqft. Prior to that sales transaction, the property was also sold in Mar 7, 2008 for $450,000. 8040 West 88th Street was last assessed in 2023. The total value of the property was assessed at $909,100. Specifically, the land the property is located on was valued at $50,000. While improvements on the property were assessed at a total of $859,100. 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 $9,741. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,715
  • Garage Type: Attached
  • Garage Square Area: 805
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 52,141
  • Total Building Area: 6,245
  • Gross Building Area: 6,245
  • Building Area: 4,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 1.197
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: PT N1/2 SE1/4 S16 T17 R2 BEG 717 E OF SW COR P.O.B. N254 E139.98 S44.61 E71 S147 E35 S60 W246 TO BEG

Ownership

  • Current Owner : KATZ SIMON
  • Current Owner 2: KATZ KATHERINE
  • Previous Owner : MORTER PATRICIA SUE
  • Owner Before Previous Owner: MILLS MELANIE M
  • Owner Before Previous Owner 2: MORTER PATRICIA SUE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pike Township Metropolitan School District
  • Census Tract: 310112

Geography

  • Assessors Map Reference: 2007-C4
  • District: 0006
  • Section: 160
  • Parcel: 49-04-16-120-024.000-600
  • Meridian: SEC 16 TWN 17N RNG 02
  • Municipality: PIKE TOWNSHIP
  • Latitude: 39.9138
  • Longitude: -86.3044

    Address

  • Full Address: 8040 W 88th St
  • Address - House Number: 8040
  • Street Direction: W
  • Address - Street Name: 88th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R007
  • 4-Digit Zip Code: 1114
  • Zip Code: 46278

Valuation

    Tax

  • Total Area: 5,440
  • Tax Year: 2022
  • Tax Amount: $9,741
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.2412
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 728,363
  • High Value: 904,117
  • Low Value: 552,609

    Market Valuation

  • Market Total Value: $909,100
  • Market Land Value: $50,000
  • Market Improvement Value: $859,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $909,100
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $859,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Sep 17, 2020
  • Current Sale Transaction ID: 11794997183
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000103864
  • Previous Sale Recording Date: Mar 27, 2008
  • Previous Sale Contract Date: Mar 07, 2008
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK FSB
  • Previous Mortgage Transaction Date: Mar 27, 2008
  • Previous Mortgage Loan Amount: $360,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Previous Mortgage Loan Due Date: Apr 01, 2038

About Trader's Point



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 8040 West 88th Street located in?
The 8040 West 88th Street is a house located in the neighborhood of Trader's Point in Trader's Point, Indianapolis.
What is the average sales price for listings in 8040 West 88th Street?
The average sales price for units in 8040 West 88th Street is $0 currently.

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