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6625 Lowanna Way

6625 Lowanna Way, Indianapolis, IN 46220
Property in Avalon Hill
Sold Jul 25, 2019
$566,300
$445,000 by Primelending
Mortgage Due Aug 01, 2051
Sold May 04, 2018
$537,900
$453,085 by Primelending
Mortgage Due May 01, 2048
Local assessors in Indianapolis, IN have categorized 6625 Lowanna Way as a residential type of property. The home was built in 1965 and is 59 years old. It was most recently renovated and altered in 1992. The property's lot size has been calculated to be 30,971 square feet. The linear feet between the front and back of the lot was measured at 2,180 ft and the front of the lot was measured at 1,420 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 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 6625 Lowanna Way has a total of 5,179 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,243 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 768 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 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 - B. 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. The property was last sold in Jul 19, 2019 for $566,300. That's $95.22 per sqft. Prior to that sales transaction, the property was also sold in May 1, 2018 for $537,900. 6625 Lowanna Way was last assessed in 2023. The total value of the property was assessed at $685,800. Specifically, the land the property is located on was valued at $83,800. While improvements on the property were assessed at a total of $602,000. 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 $6,742. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,243
  • Garage Type: Attached
  • Garage Square Area: 768
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 30,971
  • Lot Size Depth Feet: 2,180
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 5,947
  • Gross Building Area: 5,947
  • Building Area: 5,179
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,179
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: AVALON HILLS SEC 7
  • Land Acres: 0.711
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: AVALON HILLS 7TH SEC L193

Ownership

  • Current Owner : RAU JOHN
  • Current Owner 2: RAU AMY
  • Previous Owner : RAU JOHN
  • Previous Owner 2: RAU AMY
  • Owner Before Previous Owner: MOONEY WILLIAM J
  • Owner Before Previous Owner 2: MOONEY JENIFER E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Township Metropolitan School District
  • Census Tract: 330401

Geography

  • Assessors Map Reference: 2121-D2
  • District: 0004
  • Section: 340
  • Parcel: 49-02-34-104-018.000-400
  • Lot: 193
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.878
  • Longitude: -86.0533

    Address

  • Full Address: 6625 Lowanna Way
  • Address - House Number: 6625
  • Address - Street Name: Lowanna
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C047
  • 4-Digit Zip Code: 4364
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 2,744
  • Tax Year: 2021
  • Tax Amount: $6,742
  • Tax Rate Code Area: 400

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 842,230
  • High Value: 1,018,966
  • Low Value: 665,494

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $495,000
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $445,000
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Lender: INDIANA UNIVERSITY CREDIT UNIO
  • Second Open Lien Mortgage Recording Date: Apr 26, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $685,800
  • Market Land Value: $83,800
  • Market Improvement Value: $602,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $685,800
  • Assessed Land Value: $83,800
  • Assessed Improvements Value: $602,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 19, 2019
  • Current Sale Recording Date: Jul 25, 2019
  • Current Sale Transaction ID: 11628173912
  • Current Sale Price: $566,300
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: A201900069428
  • Previous Sale Recording Date: May 04, 2018
  • Previous Sale Contract Date: May 01, 2018
  • Previous Sale Amount: $537,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Jul 25, 2019
  • First Mortgage Loan Amount: $453,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: May 04, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $453,085
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2048

About Devonshire



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Frequently Asked Questions

What neighborhood is 6625 Lowanna Way located in?
The 6625 Lowanna Way is a located in the neighborhood of Avalon Hill in Devonshire, Indianapolis.
What is the average sales price for listings in 6625 Lowanna Way?
The average sales price for units in 6625 Lowanna Way is $0 currently.

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