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8150 Chesterhill Lane

8150 Chesterhill Lane, Indianapolis, IN 46239
Sold Aug 15, 2019
$165,000
$160,878 by Amerisave Mortgage Corp
Mortgage Due Sep 01, 2051
Sold Sep 24, 2018
$160,000
$155,200 by Mjw Financial Llc
Mortgage
Local assessors in Indianapolis, IN have categorized 8150 Chesterhill Lane as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 5,489 square feet. As for the restroom situation, there is one full bathroom. There are also 2 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 8150 Chesterhill Lane has a total of 2,228 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 none system. 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 420 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 masonry 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 - C. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8150 Chesterhill Lane was last sold in Aug 9, 2019 for $165,000. According to our calculations, that's $62.31 per sqft. Prior to that sales transaction, the property was sold for $160,000 in Aug 16, 2018. Current property owners are expected to pay $2,561 in taxes per year. The property on 8150 Chesterhill Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $236,000. To break that down further, the land itself was valued at $21,900. While improvements to the property were assessed at a total of $214,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,489
  • Total Building Area: 2,648
  • Gross Building Area: 2,648
  • Building Area: 2,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: MAYFAIR VILLAGE
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MAYFAIR VILLAGE SECTION 1 L 39

Ownership

  • Current Owner : SPEARS CRAIG WILLIAM
  • Previous Owner : MCCRADY ZACHARY J
  • Owner Before Previous Owner: NUTTALL FAITH M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warren Township Metropolitan School District
  • Census Tract: 361401

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2340-B7
  • District: 0007
  • Section: 180
  • Parcel: 49-09-18-102-044.000-700
  • Lot: 39
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7419
  • Longitude: -86.0225

    Address

  • Full Address: 8150 Chesterhill Ln
  • Address - House Number: 8150
  • Address - Street Name: Chesterhill
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R061
  • 4-Digit Zip Code: 7939
  • Zip Code: 46239

Valuation

    Tax

  • Total Area: 2,228
  • Tax Year: 2022
  • Tax Amount: $2,561
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.2582
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 263,017
  • High Value: 330,938
  • Low Value: 195,096

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,878
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 05, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $160,878
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $236,000
  • Market Land Value: $21,900
  • Market Improvement Value: $214,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,000
  • Assessed Land Value: $21,900
  • Assessed Improvements Value: $214,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2019
  • Current Sale Recording Date: Aug 15, 2019
  • Current Sale Transaction ID: 11636335217
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900077891
  • Previous Sale Recording Date: Sep 24, 2018
  • Previous Sale Contract Date: Aug 16, 2018
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DAS ACQUISITION CO LLC
  • First Mortgage Transaction Date: Aug 15, 2019
  • First Mortgage Loan Amount: $156,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MJW FINANCIAL LLC
  • Previous Mortgage Transaction Date: Sep 24, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $155,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Raymond Park



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Frequently Asked Questions

What neighborhood is 8150 Chesterhill Lane located in?
The 8150 Chesterhill Lane is a house located in the neighborhood of Raymond Park in Raymond Park, Indianapolis.
What is the average sales price for listings in 8150 Chesterhill Lane?
The average sales price for units in 8150 Chesterhill Lane is $0 currently.

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