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8088 River Bay Drive East

8088 River Bay Drive East, Indianapolis, IN 46240
Property in Clearwater
Refi Feb 05, 2021
Transfer
Owner
$138,700 by Nationstar Mortgage
Mortgage Due Feb 01, 2031
Local assessors in Indianapolis, IN have categorized 8088 River Bay Drive East as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 1,250 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a row home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8088 River Bay Drive East has a total of 2,167 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - B. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $4,127 in taxes each year. 8088 River Bay Drive East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $268,500. If we break it down further, the land itself was valued at $54,100. Improvements to the property, however, were assessed at a total of $214,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Row home
  • 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: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,250
  • Total Building Area: 2,607
  • Gross Building Area: 2,607
  • Building Area: 2,167
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,167
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SANDY POINT SECTION 4
  • Land Acres: 0.029
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SANDY POINT SECTION 4BLDG 25 LOT 3 APPROX 1,250 SQ FT

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320301

Geography

  • Assessors Map Reference: 2011-C6
  • District: 0008
  • Section: 190
  • Parcel: 49-02-19-106-028.000-800
  • Lot: 3
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.9021
  • Longitude: -86.1108

    Address

  • Full Address: 8088 River Bay Dr E
  • Address - House Number: 8088
  • Street Segment Direction: E
  • Address - Street Name: River Bay
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C060
  • 4-Digit Zip Code: 2994
  • Zip Code: 46240

Valuation

    Tax

  • Total Area: 2,167
  • Tax Year: 2022
  • Tax Amount: $4,127
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 391,548
  • High Value: 478,413
  • Low Value: 304,682

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,700
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 05, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $138,700
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2031

    Market Valuation

  • Market Total Value: $268,500
  • Market Land Value: $54,100
  • Market Improvement Value: $214,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,500
  • Assessed Land Value: $54,100
  • Assessed Improvements Value: $214,400

    Exemptions

  • Homeowner Exemption: Yes

About Clearwater



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Frequently Asked Questions

What neighborhood is 8088 River Bay Drive East located in?
The 8088 River Bay Drive East is a located in the neighborhood of Clearwater in Clearwater, Indianapolis.
What is the average sales price for listings in 8088 River Bay Drive East?
The average sales price for units in 8088 River Bay Drive East is $0 currently.

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