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8240 Walnut Way

8240 Walnut Way, Indianapolis, IN 46256
Property in I69-Fall Creek
Sold Sep 11, 2015
$450,800
$445,258 by Mortgagepros, Llc
Mortgage Due Jul 01, 2053
Local assessors in Indianapolis, IN have categorized 8240 Walnut Way as a residential type of property. The home was built in 1979 and is 45 years old. It was most recently renovated and altered in 1992. The property's lot size has been calculated to be 66,738 square feet. The linear feet between the front and back of the lot was measured at 5,880 ft and the front of the lot was measured at 2,270 ft. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8240 Walnut Way has a total of 4,052 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,906 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 962 sqft. There are 3 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 - A. 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. According to our sources, 8240 Walnut Way sold most recently in Sep 4, 2015 for a total of $450,800. If you work out the math, that's approximately a cost of $82.11 per sqft. 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 $5,891 in taxes each year. 8240 Walnut Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $525,900. If we break it down further, the land itself was valued at $102,000. Improvements to the property, however, were assessed at a total of $423,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1979
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,906
  • Garage Type: Attached
  • Garage Square Area: 962
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 66,738
  • Lot Size Depth Feet: 5,880
  • Lot Size Frontage Feet: 2,270
  • Total Building Area: 5,490
  • Gross Building Area: 5,490
  • Building Area: 4,052
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,052
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: KNOLLWOOD
  • Land Acres: 1.532
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: KNOLLWOOD L1

Ownership

  • Current Owner : VINSON STEVEN A
  • Current Owner 2: VINSON CONSTANCE W
  • Previous Owner : WAMSLEY DAVID B
  • Previous Owner 2: DAVID B WAMSLEY REVOCABLE TRUS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • District: 0004
  • Section: 250
  • Parcel: 49-02-25-122-016.000-400
  • Lot: 1
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.8844
  • Longitude: -86.0219

    Address

  • Full Address: 8240 Walnut Way
  • Address - House Number: 8240
  • Address - Street Name: Walnut
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C029
  • 4-Digit Zip Code: 2126
  • Zip Code: 46256

Valuation

    Tax

  • Total Area: 4,528
  • Tax Year: 2022
  • Tax Amount: $5,891
  • Tax Rate Code Area: 400

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 74
  • Final Value: 614,168
  • High Value: 733,999
  • Low Value: 494,338

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $445,258
  • First Open Lien Mortgage Lender: MORTGAGEPROS, LLC
  • First Open Lien Mortgage Recording Date: Jul 13, 2023
  • First Open Lien Mortgage Loan Amount: $445,258
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $525,900
  • Market Land Value: $102,000
  • Market Improvement Value: $423,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525,900
  • Assessed Land Value: $102,000
  • Assessed Improvements Value: $423,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 04, 2015
  • Current Sale Recording Date: Sep 11, 2015
  • Current Sale Transaction ID: 1288573769
  • Current Sale Price: $450,800
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201500092981

    Last Sale Mortgage

  • First Mortgage Lender: FORUM CU
  • First Mortgage Transaction Date: Sep 11, 2015
  • First Mortgage Loan Amount: $360,640
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2045

About I69-Fall Creek



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Frequently Asked Questions

What neighborhood is 8240 Walnut Way located in?
The 8240 Walnut Way is a located in the neighborhood of I69-Fall Creek in I69-Fall Creek, Indianapolis.
What is the average sales price for listings in 8240 Walnut Way?
The average sales price for units in 8240 Walnut Way is $0 currently.

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