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5050 Hodson Drive

5050 Hodson Drive, Indianapolis, IN 46241
Property in Mars Hill
Sold Mar 27, 2019
$109,500
$87,600 by Bank Of American Fork
Mortgage
Sold Dec 31, 2018
Transfer
Local assessors in Indianapolis, IN have categorized 5050 Hodson Drive as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 5,009 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 5050 Hodson Drive has a total of 1,051 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 a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 378 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 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. 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. 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, 5050 Hodson Drive was last sold in Mar 8, 2019 for $109,500. According to our calculations, that's $76.63 per sqft. Current property owners are expected to pay $2,865 in taxes per year. The property on 5050 Hodson Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $152,200. To break that down further, the land itself was valued at $11,400. While improvements to the property were assessed at a total of $140,800. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: 378
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,009
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,429
  • Gross Building Area: 1,429
  • Building Area: 1,051
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,051
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SEERLEY CREEK SEC 2
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEERLEY CREEK SEC 2 L099

Ownership

  • Current Owner : SNOW PHILLIP L
  • Previous Owner : HOMEWORKS MANAGEMENT & REMODELING LLC
  • Owner Before Previous Owner: MARION COUNTY SHERIFF

Neighborhood

  • School District Name: Decatur Township Metropolitan School District
  • Census Tract: 370203

Geography

  • Assessors Map Reference: 2444-C3
  • District: 0002
  • Section: 300
  • Parcel: 49-11-30-104-032.000-200
  • Lot: 099
  • Municipality: DECATUR TOWNSHIP
  • Latitude: 39.7198
  • Longitude: -86.2467

    Address

  • Full Address: 5050 Hodson Dr
  • Address - House Number: 5050
  • Address - Street Name: Hodson
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C025
  • 4-Digit Zip Code: 6105
  • Zip Code: 46241

Valuation

    Tax

  • Total Area: 1,051
  • Tax Year: 2022
  • Tax Amount: $2,865
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2398
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 209,187
  • High Value: 259,355
  • Low Value: 159,019

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,600
  • First Open Lien Mortgage Lender: BANK OF AMERICAN FORK
  • First Open Lien Mortgage Recording Date: Mar 27, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $87,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $152,200
  • Market Land Value: $11,400
  • Market Improvement Value: $140,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,200
  • Assessed Land Value: $11,400
  • Assessed Improvements Value: $140,800

    Sales

  • Current Sale Contract Date: Mar 08, 2019
  • Current Sale Recording Date: Mar 27, 2019
  • Current Sale Transaction ID: 11596643233
  • Current Sale Price: $109,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900026436
  • Previous Sale Recording Date: Dec 31, 2018
  • Previous Sale Contract Date: Dec 22, 2018
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICAN FORK
  • First Mortgage Transaction Date: Mar 27, 2019
  • First Mortgage Loan Amount: $87,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Mars Hill



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Frequently Asked Questions

What neighborhood is 5050 Hodson Drive located in?
The 5050 Hodson Drive is a located in the neighborhood of Mars Hill in Mars Hill, Indianapolis.
What is the average sales price for listings in 5050 Hodson Drive?
The average sales price for units in 5050 Hodson Drive is $0 currently.

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