1616 Moose Ridge Ln Westfield, IN 46074

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3 beds · 2 baths · 2,708 sq ft · Lot Size: 7,841 sq ft · Single Family Home
Est. Property Value: $390,254

High Demand Long-Term RentalOwned for Less Than 5 YearsOwner Age 25 - 35

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1616 Moose Ridge Ln is in the 46074 neighborhood of Westfield, IN. It is located in Hamilton County and ZIP code 46074. This Single Family Home was built in 2022 and is approximately 3 years old. The single family home spans 2708 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7841 sq ft lot. According to public records, it was last sold in 2022 for $415,755 and has a tax-assessed value of $380,000, which is $144 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1616 Moose Ridge Ln Westfield, IN 46074 with Property Intel by Whitepages.

1616 Moose Ridge Ln

Westfield, IN 46074

Owner Info

Owners & Occupancy for 1616 Moose Ridge Ln

This property is owned by Brandon N Maranion. Owner contact information includes 5 phone numbers and 7 email addresses.

Property Owners

OccupationSenior Customer Success Manager, 6sense
Cell Phone(815) ***-****View Cell Phone
Residence*************
Landline(630) 681-7725
Distance from Property**********
Email Address****************@6sense.comView Email
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 31
Resident 2******************* age 28

Property Financials for 1616 Moose Ridge Ln

1616 Moose Ridge Ln, Westfield, IN has a mortgage from Nvr Mtg Fin Inc (orig. August 23, 2022). The Hamilton county assessment for 2024 values it at $380,000, with annual taxes of $4,101.

Mortgage & Equity Information

Loan Amount$******
LenderNvr Mtg Fin Inc
Origination DateAugust 23, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date******************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateAugust 23, 2022
Property Tax Amount$4,101 in 2023
Purchase Price$415,755
Assessed Value$380,000 on 2024

Investment Potential for 1616 Moose Ridge Ln

The property has a current estimated value of $390,254, which is 13% below the zip median, based on public records. It last sold on August 23, 2022 for $416K. Projected long-term
is $42,000 annually ($3,500 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$42,000 per year($3,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
95%in 46074 zip code
 
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Property Details for 1616 Moose Ridge Ln

Property Details

Property Sq Ft

Living Area

2,708 sq ft

7% below market

Lot Size

7,841 sq ft

28% below market

Price Per Sq Ft

Living Area

$144 / sq ft

11% below market

Lot Size Area

$50 / sq ft

15% above market

Property condition, age, exterior, etc. for 1616 Moose…
Longitude: -86.188072 Latitude: 40.04926 Parcel Number (APN): 29-05-33-007-014.000-015…

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Discover more single family homes near 1616 Moose Ridge Ln in Westfield, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1616 Moose Ridge Ln in Hamilton County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$390,254
$209,373
$180,882 (86%)
$******
$300,179
$255,448 (85%)
YoY Price Change
****%
3.01%
-213%
Year Built
2022
1972
50 years
Living Space
2,708 sq ft
1,582 sq ft
1126 (71%)
$ Per Living Sq Ft
$144
$133
$11 (8%)
Lot Size
7,841 sq ft
12,807 sq ft
-4966 (-39%)
$ Per Lot Sq Ft
$50
$15
$34 (224%)

Net Operating Income
$*****
$17,636
$11,791 (67%)
Annual Revenue
$42,000
$24,600
$17,400 (71%)
$*****
$6,411
$6,162 (96%)
Net Operating Income
$*****
$17,636
$11,791 (67%)
Cap Rate
****%
8.22%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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