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8612 Lockwood Place

8612 Lockwood Place, Indianapolis, IN 46217
Sold Aug 25, 2017
$184,900
$188,659 by Freedom Mortgage
Mortgage Due Nov 01, 2049
Sold Aug 21, 2017
$184,900
8612 Lockwood Place in Indianapolis, IN was first built in 1991 and is 33 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 8612 Lockwood Place has 1,704 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 950 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 10,454 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 528 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 8612 Lockwood Place sold most recently in Aug 21, 2017 for a total of $184,900. If you work out the math, that's approximately a cost of $82.84 per sqft. Before that, the property was also sold for $184,900 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,919 in taxes each year. 8612 Lockwood Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $243,000. If we break it down further, the land itself was valued at $37,800. Improvements to the property, however, were assessed at a total of $205,200. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 10,454
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,232
  • Gross Building Area: 2,232
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTHCREEK SEC 1
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SOUTHCREEK SEC 1 L28

Ownership

  • Current Owner : LEONARD CHARLES
  • Current Owner 2: LEONARD KELLY
  • Previous Owner : BRYANT TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 381207

Geography

  • Assessors Map Reference: 2555-B7
  • District: 0005
  • Section: 230
  • Parcel: 49-14-23-117-006.000-500
  • Lot: 28
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6407
  • Longitude: -86.1648

    Address

  • Full Address: 8612 Lockwood Pl
  • Address - House Number: 8612
  • Address - Street Name: Lockwood
  • Address - Suffix Type: Pl
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 6015
  • Zip Code: 46217

Valuation

    Tax

  • Total Area: 1,704
  • Tax Year: 2022
  • Tax Amount: $2,919
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 305,492
  • High Value: 374,147
  • Low Value: 236,836

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $188,659
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 08, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $188,659
  • First Open Lien Mortgage Term: 346
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $243,000
  • Market Land Value: $37,800
  • Market Improvement Value: $205,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,000
  • Assessed Land Value: $37,800
  • Assessed Improvements Value: $205,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 21, 2017
  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Transaction ID: 11404148061
  • Current Sale Price: $184,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201700096107
  • Previous Sale Recording Date: Aug 21, 2017
  • Previous Sale Amount: $184,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Mortgage Transaction Date: Aug 25, 2017
  • First Mortgage Loan Amount: $191,001
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Hill Valley



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Frequently Asked Questions

What neighborhood is 8612 Lockwood Place located in?
The 8612 Lockwood Place is a house located in the neighborhood of Hill Valley Estates in Hill Valley, Indianapolis.
What is the average sales price for listings in 8612 Lockwood Place?
The average sales price for units in 8612 Lockwood Place is $0 currently.

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