Check Availability

9140 Backwater Drive

9140 Backwater Drive, Indianapolis, IN 46250
Property in Hearth Stone
Sold Feb 25, 2022
$180,000
$171,000 by Ruoff Mortgage Company Inc
Mortgage Due Mar 01, 2052
Sold Feb 07, 2018
$120,900
$96,720 by Forum Cu
Mortgage Due Mar 01, 2048
Local assessors in Indianapolis, IN have categorized 9140 Backwater Drive as a residential type of property. The home was built in 1990 and is 34 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 2,589 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 9140 Backwater Drive has a total of 1,298 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 275 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. The building has a roof that is made of asphalt. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 9140 Backwater Drive was last sold in Feb 14, 2022 for $180,000. According to our calculations, that's $114.43 per sqft. Prior to that sales transaction, the property was sold for $120,900 in Feb 5, 2018. Current property owners are expected to pay $1,943 in taxes per year. The property on 9140 Backwater Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $184,000. To break that down further, the land itself was valued at $16,200. While improvements to the property were assessed at a total of $167,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Condo
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 275
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,589
  • Total Building Area: 1,573
  • Gross Building Area: 1,573
  • Building Area: 1,298
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,298
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: SPINNAKER COVE PHASE 2 SEC 9 AREA 5
  • Land Acres: 0.059
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SPINNAKER COVE PHASE 2 SEC 9 AREA 5 LOT 28

Ownership

  • Current Owner : LAU CARMEN A
  • Previous Owner : SMEAD TIMOTHY J
  • Owner Before Previous Owner: SCOTT CEBRONICA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Township Metropolitan School District
  • Census Tract: 330103

Geography

  • Assessors Map Reference: 2012-E3
  • District: 0004
  • Section: 140
  • Subdivision Phase Number: 2
  • Parcel: 49-02-14-106-066.000-400
  • Lot: 28
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.9206
  • Longitude: -86.0445

    Address

  • Full Address: 9140 Backwater Dr
  • Address - House Number: 9140
  • Address - Street Name: Backwater
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C024
  • 4-Digit Zip Code: 4132
  • Zip Code: 46250

Valuation

    Tax

  • Total Area: 1,298
  • Tax Year: 2022
  • Tax Amount: $1,943
  • Tax Rate Code Area: 400

    Appraisal Valuation

  • Standard Deviation: 0.2321
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 231,179
  • High Value: 284,844
  • Low Value: 177,513

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,000
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Feb 25, 2022
  • First Open Lien Mortgage Loan Amount: $171,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $184,000
  • Market Land Value: $16,200
  • Market Improvement Value: $167,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,000
  • Assessed Land Value: $16,200
  • Assessed Improvements Value: $167,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 14, 2022
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Transaction ID: 11880423505
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 23994
  • Previous Sale Recording Date: Feb 07, 2018
  • Previous Sale Contract Date: Feb 05, 2018
  • Previous Sale Amount: $120,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Feb 25, 2022
  • First Mortgage Loan Amount: $171,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FORUM CU
  • Previous Mortgage Transaction Date: Feb 07, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $96,720
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2048

About Castleton



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 6933 Havenmoor Place, Indianapolis, IN, 46250

$2,450 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,502 ft²
6933 Havenmoor Place, Indianapolis, IN, 46250 Listing by Maxwell Richter

Frequently Asked Questions

What neighborhood is 9140 Backwater Drive located in?
The 9140 Backwater Drive is a located in the neighborhood of Hearth Stone in Castleton, Indianapolis.
What is the average sales price for listings in 9140 Backwater Drive?
The average sales price for units in 9140 Backwater Drive is $0 currently.

Quantcast