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3116 Indigo Lane

3116 Indigo Lane, Knoxville, TN 37921
Property in Knox
Sold Nov 26, 1997
$82,000
$81,958 by Dba Mortgage Investors Group L
Mortgage Due Dec 01, 2027
Sold Feb 12, 1996
$74,000
3116 Indigo Lane in Knoxville, TN was first built in 1995 and is 29 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. 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 are a total of 2 full bathrooms. There are 2 partial bathrooms. 3116 Indigo Lane has 1,089 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 750 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of composition shingle. 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 440 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 frame 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. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 3116 Indigo Lane sold most recently in Nov 18, 1997 for a total of $82,000. If you work out the math, that's approximately a cost of $75.30 per sqft. Before that, the property was also sold for $74,000 in Jan 1, 1970. 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 $1,454 in taxes each year. 3116 Indigo Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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: 1995
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,089
  • Gross Building Area: 1,089
  • Building Area: 1,089
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,089
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTHWEST HILLS PHASE 2
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME NORTHWEST HILLS PHASE 2 MAPPLATB N-195 MAPPLATP B DIMENSIONS 75 X 100

Ownership

  • Current Owner : ROSS DEBORAH S
  • Previous Owner : WELLS MICHAEL DAVID
  • Previous Owner 2: WELLS TAMBRA O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 003901

Geography

  • Assessors Map Reference: MAP #93C
  • District: CIT
  • Subdivision Phase Number: 2
  • Parcel: 093CK037
  • Lot: 69
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9768
  • Longitude: -83.9852

    Address

  • Full Address: 3116 Indigo Ln
  • Address - House Number: 3116
  • Address - Street Name: Indigo
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C013
  • 4-Digit Zip Code: 1453
  • Zip Code: 37921

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,454

    Appraisal Valuation

  • Standard Deviation: 0.2308
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 255,613
  • High Value: 314,619
  • Low Value: 196,606

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $81,958
  • First Open Lien Mortgage Lender: DBA MORTGAGE INVESTORS GROUP L
  • First Open Lien Mortgage Recording Date: Nov 26, 1997
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $81,958
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2027

    Market Valuation

  • Market Total Value: $156,800
  • Market Land Value: $35,000
  • Market Improvement Value: $121,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,200

    Sales

  • Current Sale Contract Date: Nov 18, 1997
  • Current Sale Recording Date: Nov 26, 1997
  • Current Sale Transaction ID: 1111849993
  • Current Sale Price: $82,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 35268
  • Previous Sale Recording Date: Feb 12, 1996
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DBA MORTGAGE INVESTORS GROUP L
  • First Mortgage Transaction Date: Nov 26, 1997
  • First Mortgage Loan Amount: $81,958
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2027

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3116 Indigo Lane located in?
The 3116 Indigo Lane is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 3116 Indigo Lane?
The average sales price for units in 3116 Indigo Lane is $0 currently.

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