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8125 Middle Bay Lane

8125 Middle Bay Lane, Indianapolis, IN 46236
House in Geist
Sold Jul 11, 2022
$509,600
$407,700 by First Option Mortgage Llc
Mortgage Due Jul 01, 2052
Sold May 06, 2011
$277,400
$273,760 by Hallmark Home Mortgage Llc
Mortgage Due May 01, 2041
8125 Middle Bay Lane 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 2003 and is 21 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8125 Middle Bay Lane has 2,133 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 full basement that is 1,187 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 10,890 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 470 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 masonry 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. 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, 8125 Middle Bay Lane sold most recently in Jul 4, 2022 for a total of $509,600. If you work out the math, that's approximately a cost of $134.46 per sqft. Before that, the property was also sold for $277,400 in Apr 25, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,850 in taxes each year. 8125 Middle Bay Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $467,000. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $417,000. 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.

Building Features

Exterior

Composition Board Siding
Stone Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,187
  • Garage Type: Attached
  • Garage Square Area: 470
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 3,790
  • Gross Building Area: 3,790
  • Building Area: 2,133
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,133
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: DAVID MCCLURES ADDITION TO THE CITY OF I
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: DAVID MCCLURES ADDITION TO THE CITY OF INDPLS L 1

Ownership

  • Current Owner : SAVKA MEGAN
  • Previous Owner : ROWE BRIAN M
  • Previous Owner 2: DASILVA JENNIFER
  • Owner Before Previous Owner: ROWE BRIAN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Township Metropolitan School District
  • Census Tract: 330203

Geography

  • Assessors Map Reference: 2014-C6
  • District: 0004
  • Section: 210
  • Parcel: 49-01-21-108-002.000-400
  • Lot: 1
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.9034
  • Longitude: -85.97

    Address

  • Full Address: 8125 Middle Bay Ln
  • Address - House Number: 8125
  • Address - Street Name: Middle Bay
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R024
  • 4-Digit Zip Code: 7805
  • Zip Code: 46236

Valuation

    Tax

  • Total Area: 3,320
  • Tax Year: 2022
  • Tax Amount: $4,850
  • Tax Rate Code Area: 400

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 494,808
  • High Value: 602,999
  • Low Value: 386,616

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $407,700
  • First Open Lien Mortgage Lender: FIRST OPTION MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 11, 2022
  • First Open Lien Mortgage Loan Amount: $407,700
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $467,000
  • Market Land Value: $50,000
  • Market Improvement Value: $417,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $467,000
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $417,000

    Sales

  • Current Sale Contract Date: Jul 04, 2022
  • Current Sale Recording Date: Jul 11, 2022
  • Current Sale Transaction ID: 11892235326
  • Current Sale Price: $509,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 77255
  • Previous Sale Recording Date: May 06, 2011
  • Previous Sale Contract Date: Apr 25, 2011
  • Previous Sale Amount: $277,400
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: FIRST OPTION MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 11, 2022
  • First Mortgage Loan Amount: $407,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HALLMARK HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: May 06, 2011
  • Previous Mortgage Loan Amount: $273,760
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2041

About Geist



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Frequently Asked Questions

What neighborhood is 8125 Middle Bay Lane located in?
The 8125 Middle Bay Lane is a house located in the neighborhood of Geist in Geist, Indianapolis.
What is the average sales price for listings in 8125 Middle Bay Lane?
The average sales price for units in 8125 Middle Bay Lane is $0 currently.

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