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8085 North Payne Road

8085 North Payne Road, Indianapolis, IN 46268
Sold Oct 07, 2022
$325,400
$260,300 by Crosscountry Mortgage Llc
Mortgage Due Oct 01, 2052
Sold Dec 18, 2020
$180,000
$171,000 by Forum Cu
Mortgage Due Jan 01, 2051
8085 North Payne Road 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 1986 and is 38 years old. However, we must point out that the home was most recently renovated and altered in 1999. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8085 North Payne Road has 1,570 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 1,090 ft. The area measurement of the land has been determined as 15,246 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 462 sqft. According to our sources, there are a total of 2 available parking spaces. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C 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 heat pump. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Sep 30, 2022 for $325,400. That's $160.14 per sqft. Prior to that sales transaction, the property was also sold in Dec 11, 2020 for $180,000. 8085 North Payne Road was last assessed in 2023. The total value of the property was assessed at $247,200. Specifically, the land the property is located on was valued at $50,500. While improvements on the property were assessed at a total of $196,700. 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 $2,181. 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. 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

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 2,032
  • Gross Building Area: 2,032
  • Building Area: 1,570
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,570
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CROOKED CREEK HEIGHTS SEC V
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: CROOKED CREEK HEIGHTS SEC V L 293

Ownership

  • Current Owner : CASTILLO TOMAS I
  • Previous Owner : PRIDE AMBERLYN
  • Owner Before Previous Owner: GEHRUNG TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pike Township Metropolitan School District
  • Census Tract: 310105

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2009-A6
  • District: 0006
  • Section: 190
  • Parcel: 49-03-19-108-008.000-600
  • Lot: 293
  • Meridian: SEC 19 TWN 17N RNG 03
  • Municipality: PIKE TOWNSHIP
  • Latitude: 39.9008
  • Longitude: -86.2267

    Address

  • Full Address: 8085 N Payne Rd
  • Address - House Number: 8085
  • Street Direction: N
  • Address - Street Name: Payne
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C032
  • 4-Digit Zip Code: 1960
  • Zip Code: 46268

Valuation

    Tax

  • Total Area: 1,570
  • Tax Year: 2022
  • Tax Amount: $2,181
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 318,349
  • High Value: 389,226
  • Low Value: 247,471

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,300
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 07, 2022
  • First Open Lien Mortgage Loan Amount: $260,300
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $247,200
  • Market Land Value: $50,500
  • Market Improvement Value: $196,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,200
  • Assessed Land Value: $50,500
  • Assessed Improvements Value: $196,700

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Transaction ID: 11897016066
  • Current Sale Price: $325,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 110944
  • Previous Sale Recording Date: Dec 18, 2020
  • Previous Sale Contract Date: Dec 11, 2020
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 07, 2022
  • First Mortgage Loan Amount: $260,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FORUM CU
  • Previous Mortgage Transaction Date: Dec 18, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $171,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 8085 North Payne Road located in?
The 8085 North Payne Road is a house located in the neighborhood of Augusta - New Augusta in Augusta - New Augusta, Indianapolis.
What is the average sales price for listings in 8085 North Payne Road?
The average sales price for units in 8085 North Payne Road is $180,000 , or $103/sqft. currently.

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