NOT LISTED FOR SALE

Estimated Value: $261,000 - $500,000

2 Beds
4 Baths
2,202 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 8149 Lower Bay Ln, Indianapolis, IN 46236 and is currently estimated at $404,401, approximately $183 per square foot. 8149 Lower Bay Ln is a home located in Marion County with nearby schools including Amy Beverland Elementary School, Belzer Middle School, and Lawrence Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2014
Sold by
Scott Nina A and Scott James R
Bought by
Scherkenbach Mary C and Scherkenbach Jed J
Current Estimated Value
$404,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2014
Sold by
Scott James R and Scott Nina A
Bought by
Scherkenbach Jed J and Scherkenbach Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
Regions Bank
Bought by
Scott James R and Scott Nina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2011
Sold by
National Mortgage Solutions Llc
Bought by
Regions Bank

Purchase Details

Closed on
Apr 24, 2008
Sold by
National Mortgage Solutions Llc
Bought by
Owen Michael W

Purchase Details

Closed on
Dec 7, 2007
Sold by
Real Estate Advantage Llc
Bought by
National Mortgage Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2005
Sold by
Owen Michael W
Bought by
Real Estate Advantage Llc

Purchase Details

Closed on
Feb 15, 2005
Sold by
Cornett Eugene P
Bought by
Owen Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scherkenbach Mary C $265,000 Title Services Llc
Scherkenbach Jed J -- None Available
Scott James R -- Chicago Title Smith Valley
Regions Bank $170,720 None Available
Owen Michael W -- None Available
National Mortgage Solutions Llc -- None Available
Real Estate Advantage Llc -- None Available
Owen Michael W -- None Available
Owen Michael W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherkenbach Jed J $169,500
Closed Scherkenbach Jed J $159,000
Previous Owner Scott James R $132,000
Previous Owner National Mortgage Solutions Llc $272,000
Previous Owner Owen Michael W $312,726
Previous Owner Owen Michael W $200,000
Previous Owner Owen Michael W $50,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,320 $387,700 $47,000 $340,700
2023 $4,320 $387,700 $47,000 $340,700
2022 $4,291 $378,300 $46,700 $331,600
2021 $4,027 $350,100 $47,300 $302,800
2020 $3,476 $298,800 $45,500 $253,300
2019 $3,069 $298,800 $45,500 $253,300
2018 $2,901 $282,200 $46,000 $236,200
2017 $2,864 $278,700 $46,000 $232,700
2016 $2,796 $272,100 $45,700 $226,400
2014 $2,550 $255,000 $46,800 $208,200
2013 $2,550 $255,000 $46,800 $208,200
Source: Public Records

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