See Home Value
$110,184*
House - Off Market

1016 N Rochester Avenue

Indianapolis, IN 46222
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1080 Sqft
$99,000 - $121,000
Reference Base Price*
0.17%
Since Jul 1, 2023
National-US
Primary Model
Sold Mar 06, 2023
$120,205
$90,380 by First Merchants Bank
Mortgage Due Mar 01, 2053

About This Property

INVESTORS...2 bedroom, 1 bath bungalow.  2 car detached garage, with fenced in back yard.  Updates include;  newer roof, furnace, AC, water heater, paint, and carpet.

The manager has listed the unit size as 1080 square feet.
Unit Size
1,080Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$102
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Jun 21, 2023 No longer available -
No longer available
Mar 6, 2023 Sold to Emmanueli Malave Munoz $120,205
Sold to Emmanueli Malave Munoz
Feb 3, 2023 In contract -
In contract
Jan 9, 2023 Listed $110,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,271
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RAINBOW RIDGE ANNEX
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: RAINBOW RIDGE ANNEX L1196

Ownership

  • Current Owner : MUNOZ EMMANUELI MALAVE
  • Previous Owner : PEOPLES CRAIG A
  • Previous Owner 2: PEOPLES ANDREA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 341100

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2336-A1
  • District: 0009
  • Section: 320
  • Parcel: 49-06-32-116-117.000-901
  • Lot: 1196
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.781
  • Longitude: -86.2213

    Address

  • Full Address: 1016 N Rochester Ave
  • Address - House Number: 1016
  • Street Direction: N
  • Address - Street Name: Rochester
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C009
  • 4-Digit Zip Code: 3448
  • Zip Code: 46222

Valuation

    Tax

  • Total Area: 1,080
  • Tax Year: 2022
  • Tax Amount: $1,575
  • Tax Rate Code Area: 901

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 130,411
  • High Value: 163,665
  • Low Value: 97,157

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,380
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Mar 06, 2023
  • First Open Lien Mortgage Loan Amount: $90,380
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $70,000
  • Market Land Value: $3,400
  • Market Improvement Value: $66,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,000
  • Assessed Land Value: $3,400
  • Assessed Improvements Value: $66,600

    Sales

  • Current Sale Contract Date: Feb 27, 2023
  • Current Sale Recording Date: Mar 06, 2023
  • Current Sale Transaction ID: 11903179934
  • Current Sale Price: $120,205
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16690

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK
  • First Mortgage Transaction Date: Mar 06, 2023
  • First Mortgage Loan Amount: $90,380
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
810 ft²
$160/ft²
$130,000 Dec 5, 2022
-
$28/mo
Multifamily
Stu
-
-
$120,000 Dec 1, 2022
-
$11/mo

About Near Westside


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Frequently Asked Questions

When was property at 1016 North Rochester Avenue built and last sold?
The property at 1016 North Rochester Avenue was built in 1950 and last sold on Feb 27, 2023 for $120,205.
How much is this home worth?
The estimated value of the home located at 1016 North Rochester Avenue is $114,577.
What are some comparable homes to 1016 North Rochester Avenue?
Homes that are comparable to 1016 North Rochester Avenue include a multifamily property at 3321 West 9th Street, a house property at 1621 North Luett Avenue, which are both great to check out.

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