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8438 Fort Sumter Drive

8438 Fort Sumter Drive, Indianapolis, IN 46227
House in South Perry
Sold Apr 21, 2020
$163,500
Buyer
Seller
$157,794 by Primelending
Mortgage Due May 01, 2050
Sold Mar 10, 2011
$105,800
$104,434 by Metlife Home Loans
Mortgage Due Mar 01, 2041
Local assessors in Indianapolis, IN have categorized 8438 Fort Sumter Drive as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 6,708 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 560 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 8438 Fort Sumter Drive has a total of 1,430 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 360 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 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 - 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, 8438 Fort Sumter Drive sold most recently in Apr 17, 2020 for a total of $163,500. If you work out the math, that's approximately a cost of $91.34 per sqft. Before that, the property was also sold for $105,800 in Feb 23, 2011. 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 $2,522 in taxes each year. 8438 Fort Sumter Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $215,200. If we break it down further, the land itself was valued at $28,000. Improvements to the property, however, were assessed at a total of $187,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 360
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,708
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,790
  • Gross Building Area: 1,790
  • Building Area: 1,430
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,430
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: SHERMAN COMMONS SECTION 3
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SHERMAN COMMONS SECTION 3 L180

Ownership

  • Current Owner : RAY THANG
  • Previous Owner : CLOUD LANA M
  • Owner Before Previous Owner: CLARK LENORA SUE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2556-C6
  • District: 0005
  • Section: 200
  • Parcel: 49-15-20-117-083.000-500
  • Lot: 180
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6438
  • Longitude: -86.1076

    Address

  • Full Address: 8438 Fort Sumter Dr
  • Address - House Number: 8438
  • Address - Street Name: Fort Sumter
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R029
  • 4-Digit Zip Code: 9649
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 1,430
  • Tax Year: 2022
  • Tax Amount: $2,522
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2299
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 258,790
  • High Value: 318,286
  • Low Value: 199,294

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,794
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Apr 21, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $157,794
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $215,200
  • Market Land Value: $28,000
  • Market Improvement Value: $187,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,200
  • Assessed Land Value: $28,000
  • Assessed Improvements Value: $187,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 17, 2020
  • Current Sale Recording Date: Apr 21, 2020
  • Current Sale Transaction ID: 11758219858
  • Current Sale Price: $163,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000040402
  • Previous Sale Recording Date: Mar 10, 2011
  • Previous Sale Contract Date: Feb 23, 2011
  • Previous Sale Amount: $105,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Apr 21, 2020
  • First Mortgage Loan Amount: $157,794
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: METLIFE HOME LOANS
  • Previous Mortgage Transaction Date: Mar 10, 2011
  • Previous Mortgage Loan Amount: $104,434
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2041

About South Perry



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Frequently Asked Questions

What neighborhood is 8438 Fort Sumter Drive located in?
The 8438 Fort Sumter Drive is a house located in the neighborhood of South Perry in South Perry, Indianapolis.
What is the average sales price for listings in 8438 Fort Sumter Drive?
The average sales price for units in 8438 Fort Sumter Drive is $0 currently.

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