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101 North Sherman Drive

101 North Sherman Drive, Indianapolis, IN 46201
House in Tuxedo Park
Sold Apr 17, 2020
$82,000
$82,000 by National Bank Of Indianapolis
Mortgage Due May 01, 2050
101 North Sherman Drive in Indianapolis, IN was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1986. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. 101 North Sherman Drive has 1,288 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 basement is 1,288 sqft and has been categorized as a unknown. The linear feet across the front of the lot is 370 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 4,966 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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 detached garage. The garage is 308 sqft. There is one available parking space. 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 D. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 101 North Sherman Drive was last sold in Apr 10, 2020 for $82,000. According to our calculations, that's $21.22 per sqft. Current property owners are expected to pay $1,363 in taxes per year. The property on 101 North Sherman Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $116,900. To break that down further, the land itself was valued at $5,600. While improvements to the property were assessed at a total of $111,300. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Aluminum Siding
Brick Exterior

Parking

Guest Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 1,288
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,966
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 370
  • Total Building Area: 3,864
  • Gross Building Area: 3,864
  • Building Area: 1,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,288
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BRADLEY & DENNY & ATKINSONS E WASH ST AD
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BRADLEY DENNY & ATKINSON E WASH ST ADD L213

Ownership

  • Current Owner : KITT JAMIE
  • Previous Owner : DYER MARK DOUGLAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355100

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-D3
  • Parcel: 49-10-04-122-007.000-101
  • Lot: 213
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7711
  • Longitude: -86.1019

    Address

  • Full Address: 101 N Sherman Dr
  • Address - House Number: 101
  • Street Direction: N
  • Address - Street Name: Sherman
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 3561
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 3,864
  • Tax Year: 2022
  • Tax Amount: $1,363
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 182,569
  • High Value: 229,733
  • Low Value: 135,405

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,000
  • First Open Lien Mortgage Lender: NATIONAL BANK OF INDIANAPOLIS
  • First Open Lien Mortgage Recording Date: Apr 17, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $82,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $116,900
  • Market Land Value: $5,600
  • Market Improvement Value: $111,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,900
  • Assessed Land Value: $5,600
  • Assessed Improvements Value: $111,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 10, 2020
  • Current Sale Recording Date: Apr 17, 2020
  • Current Sale Transaction ID: 11757998657
  • Current Sale Price: $82,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000039636

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL BANK OF INDIANAPOLIS
  • First Mortgage Transaction Date: Apr 17, 2020
  • First Mortgage Loan Amount: $82,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 101 North Sherman Drive located in?
The 101 North Sherman Drive is a house located in the neighborhood of Tuxedo Park in Near Eastside, Indianapolis.
What is the average sales price for listings in 101 North Sherman Drive?
The average sales price for units in 101 North Sherman Drive is $0 currently.

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