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8113 Valley Farms Trail

8113 Valley Farms Trail, Indianapolis, IN 46214
Property in Key Meadows
Sold Jun 13, 2017
$83,500
$81,987 by Amerifirst Financial Inc
Mortgage
Sold Jun 08, 2017
$83,500
8113 Valley Farms Trail in Indianapolis, IN was first built in 1984 and is 40 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 8113 Valley Farms Trail has 1,594 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 2,061 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 350 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 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 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8113 Valley Farms Trail sold most recently in Jun 8, 2017 for a total of $83,500. If you work out the math, that's approximately a cost of $42.95 per sqft. Before that, the property was also sold for $83,500 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,686 in taxes each year. 8113 Valley Farms Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $138,200. If we break it down further, the land itself was valued at $8,400. Improvements to the property, however, were assessed at a total of $129,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • 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: 350
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,061
  • Total Building Area: 1,944
  • Gross Building Area: 1,944
  • Building Area: 1,594
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,594
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EAGLE VALLEY FARMS PROJECT III PHASE 2 B
  • Land Acres: 0.047
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: EAGLE VALLEY FARMS PROJECT III PHASE 2 BK FL 4C

Ownership

  • Current Owner : SCHAEFER THOMAS H
  • Current Owner 2: HOFFMAN TERRI L
  • Previous Owner : SEXTON TIMOTHY JAMES
  • Owner Before Previous Owner: SEXTON TIMOTHY JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 340112

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2225-C4
  • District: 0009
  • Section: 220
  • Subdivision Phase Number: 2
  • Parcel: 49-05-22-131-078.000-900
  • Lot: 4C
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.8117
  • Longitude: -86.3044

    Address

  • Full Address: 8113 Valley Farms Trl
  • Address - House Number: 8113
  • Address - Street Name: Valley Farms
  • Address - Suffix Type: Trl
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C031
  • 4-Digit Zip Code: 1525
  • Zip Code: 46214

Valuation

    Tax

  • Total Area: 1,594
  • Tax Year: 2022
  • Tax Amount: $1,686
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.2492
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 194,442
  • High Value: 242,911
  • Low Value: 145,974

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $81,987
  • First Open Lien Mortgage Lender: AMERIFIRST FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jun 13, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $81,987
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $138,200
  • Market Land Value: $8,400
  • Market Improvement Value: $129,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,200
  • Assessed Land Value: $8,400
  • Assessed Improvements Value: $129,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2017
  • Current Sale Recording Date: Jun 13, 2017
  • Current Sale Transaction ID: 11344271417
  • Current Sale Price: $83,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201700067085
  • Previous Sale Recording Date: Jun 08, 2017
  • Previous Sale Amount: $83,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL INC
  • First Mortgage Transaction Date: Jun 13, 2017
  • First Mortgage Loan Amount: $81,987
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Key Meadows



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Frequently Asked Questions

What neighborhood is 8113 Valley Farms Trail located in?
The 8113 Valley Farms Trail is a located in the neighborhood of Key Meadows in Key Meadows, Indianapolis.
What is the average sales price for listings in 8113 Valley Farms Trail?
The average sales price for units in 8113 Valley Farms Trail is $0 currently.

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