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8245 Lynn Drive

8245 Lynn Drive, Indianapolis, IN 46237
Property in South Perry
Sold Oct 18, 2021
$249,400
Buyer
Seller
$199,500 by Caliber Home Loans Inc
Mortgage
Sold Dec 14, 2018
$154,900
$147,155 by Huntington National Bank
Mortgage
Local assessors in Indianapolis, IN have categorized 8245 Lynn Drive as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 11,892 square feet. The linear feet between the front and back of the lot was measured at 1,650 ft and the front of the lot was measured at 720 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 8245 Lynn Drive has a total of 1,391 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 513 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. 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, 8245 Lynn Drive sold most recently in Aug 10, 2021 for a total of $249,400. If you work out the math, that's approximately a cost of $130.99 per sqft. Before that, the property was also sold for $154,900 in Dec 10, 2018. 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 $2,477 in taxes each year. 8245 Lynn Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $207,700. If we break it down further, the land itself was valued at $30,700. Improvements to the property, however, were assessed at a total of $177,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 513
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,892
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,904
  • Gross Building Area: 1,904
  • Building Area: 1,391
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,391
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: BROOKFIELD ESTATES SEC I
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BROOKFIELD ESTATES SEC I L12

Ownership

  • Current Owner : KUI DING
  • Previous Owner : PAR NGUN THA
  • Owner Before Previous Owner: KATIE C RENTALS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 381205

Geography

  • Assessors Map Reference: 2557-A6
  • District: 0005
  • Section: 210
  • Parcel: 49-15-21-115-038.000-500
  • Lot: 12
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.647
  • Longitude: -86.0832

    Address

  • Full Address: 8245 Lynn Dr
  • Address - House Number: 8245
  • Address - Street Name: Lynn
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R001
  • 4-Digit Zip Code: 9546
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 1,391
  • Tax Year: 2022
  • Tax Amount: $2,477
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 265,190
  • High Value: 324,788
  • Low Value: 205,592

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,500
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 18, 2021
  • First Open Lien Mortgage Loan Amount: $199,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $207,700
  • Market Land Value: $30,700
  • Market Improvement Value: $177,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,700
  • Assessed Land Value: $30,700
  • Assessed Improvements Value: $177,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 10, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Transaction ID: 11861218336
  • Current Sale Price: $249,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100139012
  • Previous Sale Recording Date: Dec 14, 2018
  • Previous Sale Contract Date: Dec 10, 2018
  • Previous Sale Amount: $154,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Oct 18, 2021
  • First Mortgage Loan Amount: $199,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: HUNTINGTON NATIONAL BANK
  • Previous Mortgage Transaction Date: Dec 14, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $147,155
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About South Perry



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Frequently Asked Questions

What neighborhood is 8245 Lynn Drive located in?
The 8245 Lynn Drive is a located in the neighborhood of South Perry in South Perry, Indianapolis.
What is the average sales price for listings in 8245 Lynn Drive?
The average sales price for units in 8245 Lynn Drive is $0 currently.

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