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101 West Sumner Avenue

101 West Sumner Avenue, Indianapolis, IN 46217
Property in North Perry
Sold Nov 12, 2015
$145,700
$116,550 by Ruoff Mortgage Company Inc
Mortgage Due Nov 01, 2045
Sold Aug 22, 2014
$125,000
$100,000 by Jep Holding Llc
Mortgage Due Aug 21, 2016
101 West Sumner Avenue in Indianapolis, IN was first built in 1935 and is 89 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. There are 3 partial bathrooms. 101 West Sumner Avenue has 2,160 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 1,080 sqft and has been categorized as a full basement. In total, the area measurement of the land is 37,810 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. For those who need parking, there is a detached 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. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system. 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. 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 West Sumner Avenue was last sold in Oct 2, 2015 for $145,700. According to our calculations, that's $44.97 per sqft. Prior to that sales transaction, the property was sold for $125,000 in Aug 21, 2014. Current property owners are expected to pay $2,691 in taxes per year. The property on 101 West Sumner Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $215,800. To break that down further, the land itself was valued at $23,900. While improvements to the property were assessed at a total of $191,900. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1935
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • 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: Full basement
  • Basement Area: 1,080
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 37,810
  • Total Building Area: 3,240
  • Gross Building Area: 3,240
  • Building Area: 2,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NA
  • Land Acres: 0.868
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: PT E1/2 SE1/4 S26 T15 R3 BEG 332.9FT W OF NE CORS 379.4FT W 100FT N 379.4FT E 100FT TO BEG0.868AC

Ownership

  • Current Owner : SEELEY RICHARD MICHAEL
  • Previous Owner : SOLARIS PROPERTY GROUP LLC
  • Owner Before Previous Owner: NEBRASKA ALLIANCE REALTY COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380200

Geography

  • Assessors Map Reference: 2446-C4
  • District: 0005
  • Section: 260
  • Parcel: 49-11-26-102-074.000-500
  • Meridian: SEC 26 TWN 15 RNG 3
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.7148
  • Longitude: -86.1599

    Address

  • Full Address: 101 W Sumner Ave
  • Address - House Number: 101
  • Street Direction: W
  • Address - Street Name: Sumner
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 3256
  • Zip Code: 46217

Valuation

    Tax

  • Total Area: 3,240
  • Tax Year: 2022
  • Tax Amount: $2,691
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.1978
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 73
  • Final Value: 254,478
  • High Value: 304,828
  • Low Value: 204,127

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $116,550
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Nov 12, 2015
  • First Open Lien Mortgage Loan Amount: $116,550
  • 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: Nov 01, 2045

    Market Valuation

  • Market Total Value: $215,800
  • Market Land Value: $23,900
  • Market Improvement Value: $191,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,800
  • Assessed Land Value: $23,900
  • Assessed Improvements Value: $191,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 02, 2015
  • Current Sale Recording Date: Nov 12, 2015
  • Current Sale Transaction ID: 1351035090
  • Current Sale Price: $145,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201500116374
  • Previous Sale Recording Date: Aug 22, 2014
  • Previous Sale Contract Date: Aug 21, 2014
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Nov 12, 2015
  • First Mortgage Loan Amount: $116,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: JEP HOLDING LLC
  • Previous Mortgage Transaction Date: Aug 22, 2014
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 21, 2016

About North Perry



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Frequently Asked Questions

What neighborhood is 101 West Sumner Avenue located in?
The 101 West Sumner Avenue is a located in the neighborhood of North Perry in North Perry, Indianapolis.
What is the average sales price for listings in 101 West Sumner Avenue?
The average sales price for units in 101 West Sumner Avenue is $0 currently.

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