See Home Value
$293,251*
House - Off Market

8116 Teel Way

Indianapolis, IN 46256
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1650 Sqft
$180,000 - $220,000
Reference Base Price*
46.63%
Since Sep 1, 2019
National-US
Primary Model
Sold Sep 20, 2019
$193,000
$189,504 by Forum Cu
Mortgage
Sold Mar 26, 2012
$126,900
$125,242 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2042

About This Property

Stunning 3bd/2ba ranch in one of the most sought-after neighborhoods on the northeast side of Indy! You'll fall in love the second you pull up & glance across the street to the neighborhood pool, tennis courts, basketball courts, clubhouse, & play area! Step inside & you're greeted by a small foyer area opening to your large formal living rm & arched opening to your formal dining rm, perfect for entertaining. 3 giant bedrms, but the master suite steals the show w/ double closets & beautiful master bath! Recessed family rm with gas masonry fireplace and a door leading to the HUGE fully-fenced backyard with fire pit & shaded patio. Award winning schools, & only minutes to some of the best shopping/dining/entertainment Indy has to offer!

The manager has listed the unit size as 1650 square feet.
Unit Size
1,650Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$121
Property Type
House
Property Taxes
$1,440
HOA Dues
-
Year Built
1976

Price History

Date / Event Date Event Price
Sep 20, 2019 Sold to Raphael J Tansy $192,100
Sold to Raphael J Tansy
Aug 18, 2019 No longer available -
No longer available
Jun 6, 2019 Listed $200,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • 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: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,850
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,178
  • Gross Building Area: 2,178
  • Building Area: 1,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,650
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: EAGLENEST SEC 1
  • Land Acres: 0.295
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: EAGLE NEST SUB SEC 1 L9

Ownership

  • Current Owner : TANSY RAPHAEL J
  • Previous Owner : NICHOLSON AMY M
  • Owner Before Previous Owner: HALVERSON ROBERT L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2013-C6
  • District: 0004
  • Section: 240
  • Parcel: 49-02-24-119-025.000-400
  • Lot: 9
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.9036
  • Longitude: -86.0214

    Address

  • Full Address: 8116 Teel Way
  • Address - House Number: 8116
  • Address - Street Name: Teel
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C007
  • 4-Digit Zip Code: 1643
  • Zip Code: 46256

Valuation

    Tax

  • Total Area: 1,650
  • Tax Year: 2022
  • Tax Amount: $2,186
  • Tax Rate Code Area: 400

    Appraisal Valuation

  • Standard Deviation: 0.2204
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 304,107
  • High Value: 371,154
  • Low Value: 237,061

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,504
  • First Open Lien Mortgage Lender: FORUM CU
  • First Open Lien Mortgage Recording Date: Sep 20, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $189,504
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $225,400
  • Market Land Value: $47,200
  • Market Improvement Value: $178,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,400
  • Assessed Land Value: $47,200
  • Assessed Improvements Value: $178,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 14, 2019
  • Current Sale Recording Date: Sep 20, 2019
  • Current Sale Transaction ID: 11657723383
  • Current Sale Price: $193,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900092243
  • Previous Sale Recording Date: Mar 26, 2012
  • Previous Sale Contract Date: Mar 08, 2012
  • Previous Sale Amount: $126,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FORUM CU
  • First Mortgage Transaction Date: Sep 20, 2019
  • First Mortgage Loan Amount: $189,504
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Mar 26, 2012
  • Previous Mortgage Loan Amount: $125,242
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2042



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,324 ft²
$177/ft²
$235,000 Jul 5, 2023
-
-
Condo
3 Beds
2.5 Baths
2,108 ft²
$109/ft²
$230,000 May 31, 2023
-
$300/mo

About I69-Fall Creek


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Frequently Asked Questions

When was property at 8116 Teel Way built and last sold?
The property at 8116 Teel Way was built in 1976 and last sold on Aug 14, 2019 for $193,000.
How much is this home worth?
The estimated value of the home located at 8116 Teel Way is $206,347.
What are some comparable homes to 8116 Teel Way?
There are currently no comparable homes to 8116 Teel Way.

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