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8272 Forest Lane

8272 Forest Lane, Indianapolis, IN 46240
Sold May 28, 2019
$266,000
$212,800 by Gvc Mortgage
Mortgage
Sold Oct 12, 2010
Transfer
8272 Forest 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 1958 and is 66 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8272 Forest Lane has 2,084 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,540 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 15,420 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 528 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 brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C 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 a water system. The property was last sold in May 1, 2019 for $266,000. That's $101.84 per sqft. 8272 Forest Lane was last assessed in 2023. The total value of the property was assessed at $280,100. Specifically, the land the property is located on was valued at $35,800. While improvements on the property were assessed at a total of $244,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,963. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 15,420
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,612
  • Gross Building Area: 2,612
  • Building Area: 2,084
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,084
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WINDCOMBE 2ND SEC
  • Land Acres: 0.354
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WINDCOMBE 2ND SEC L182

Ownership

  • Current Owner : SCHOLER ELIZABETH S
  • Previous Owner : DAVID BINKLEY LLC
  • Owner Before Previous Owner: BINKLEY WILLIAM F
  • Owner Before Previous Owner 2: BINKLEY AUDREY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320202

Geography

  • Assessors Map Reference: 2010-E5
  • District: 0008
  • Section: 240
  • Parcel: 49-03-24-117-052.000-800
  • Lot: 182
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.9071
  • Longitude: -86.1435

    Address

  • Full Address: 8272 Forest Ln
  • Address - House Number: 8272
  • Address - Street Name: Forest
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C061
  • 4-Digit Zip Code: 2312
  • Zip Code: 46240

Valuation

    Tax

  • Total Area: 2,084
  • Tax Year: 2022
  • Tax Amount: $3,963
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 383,015
  • High Value: 467,987
  • Low Value: 298,042

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $212,800
  • First Open Lien Mortgage Lender: GVC MORTGAGE
  • First Open Lien Mortgage Recording Date: May 28, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $212,800
  • 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: $280,100
  • Market Land Value: $35,800
  • Market Improvement Value: $244,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,100
  • Assessed Land Value: $35,800
  • Assessed Improvements Value: $244,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2019
  • Current Sale Recording Date: May 28, 2019
  • Current Sale Transaction ID: 11610446615
  • Current Sale Price: $266,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900047138
  • Previous Sale Recording Date: Oct 12, 2010
  • Previous Sale Contract Date: Sep 03, 2010
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GVC MORTGAGE
  • First Mortgage Transaction Date: May 28, 2019
  • First Mortgage Loan Amount: $212,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Nora - Far Northside



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8272 Forest Lane located in?
The 8272 Forest Lane is a house located in the neighborhood of Nora - Far Northside in Nora - Far Northside, Indianapolis.
What is the average sales price for listings in 8272 Forest Lane?
The average sales price for units in 8272 Forest Lane is $287,000 , or $138/sqft. currently.

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