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8340 Bravestone Way

8340 Bravestone Way, Indianapolis, IN 46239
Property in Raymond Park
Sold Jan 23, 2015
$118,400
$104,720 by Freedom Mortgage
Mortgage Due Mar 01, 2045
Sold Mar 05, 2008
Transfer
8340 Bravestone Way 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 2007 and is 17 years old. There are 3 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, 8340 Bravestone Way has 1,918 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,187 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 420 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 C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a gravity heating system. 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, 8340 Bravestone Way sold most recently in Dec 22, 2014 for a total of $118,400. If you work out the math, that's approximately a cost of $50.64 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 $2,502 in taxes each year. 8340 Bravestone Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $222,300. If we break it down further, the land itself was valued at $22,800. Improvements to the property, however, were assessed at a total of $199,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Floor Count: 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: 7,187
  • Total Building Area: 2,338
  • Gross Building Area: 2,338
  • Building Area: 1,918
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Gravity
  • Heated Square Feet: 1,918
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: THE WOODS AT LIBERTY PARK
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: THE WOODS AT LIBERTY PARK L 5

Ownership

  • Current Owner : HERSHEY CHRISTOPHER
  • Current Owner 2: HERSHEY AMY
  • Previous Owner : RIEVE DARLENE
  • Previous Owner 2: RIEVE WILLIAM EPP
  • Owner Before Previous Owner: M/I HOMES OF INDIANA LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2449-C1
  • District: 0007
  • Section: 190
  • Parcel: 49-09-19-104-032.000-700
  • Lot: 5
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7338
  • Longitude: -86.0194

    Address

  • Full Address: 8340 Bravestone Way
  • Address - House Number: 8340
  • Address - Street Name: Bravestone
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R079
  • 4-Digit Zip Code: 7918
  • Zip Code: 46239

Valuation

    Tax

  • Total Area: 1,918
  • Tax Year: 2022
  • Tax Amount: $2,502
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.2278
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 271,498
  • High Value: 333,358
  • Low Value: 209,639

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,720
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $104,720
  • First Open Lien Mortgage Term: 279
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2045

    Market Valuation

  • Market Total Value: $222,300
  • Market Land Value: $22,800
  • Market Improvement Value: $199,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,300
  • Assessed Land Value: $22,800
  • Assessed Improvements Value: $199,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2014
  • Current Sale Recording Date: Jan 23, 2015
  • Current Sale Transaction ID: 1141008560
  • Current Sale Price: $118,400
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201500006339
  • Previous Sale Recording Date: Mar 05, 2008
  • Previous Sale Contract Date: Jan 31, 2008
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST OPTION MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 23, 2015
  • First Mortgage Loan Amount: $116,844
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2045

About Raymond Park



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Frequently Asked Questions

What neighborhood is 8340 Bravestone Way located in?
The 8340 Bravestone Way is a located in the neighborhood of Raymond Park in Raymond Park, Indianapolis.
What is the average sales price for listings in 8340 Bravestone Way?
The average sales price for units in 8340 Bravestone Way is $0 currently.

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