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1020 North Parker Avenue

1020 North Parker Avenue, Indianapolis, IN 46201
Property in Rural-Sherman
Sold Dec 28, 2021
$265,335
$199,500 by Ruoff Mortgage Company Inc
Mortgage Due Jan 01, 2052
Sold Nov 15, 2007
Transfer
Local assessors in Indianapolis, IN have categorized 1020 North Parker Avenue as a residential type of property. The home was built in 1916 and is 108 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 6,098 square feet. The linear feet between the front and back of the lot was measured at 1,520 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1020 North Parker Avenue has a total of 1,788 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 784 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 396 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Dec 16, 2021 for $265,335. That's $103.16 per sqft. 1020 North Parker Avenue was last assessed in 2023. The total value of the property was assessed at $212,600. Specifically, the land the property is located on was valued at $20,200. While improvements on the property were assessed at a total of $192,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,425. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 784
  • Garage Type: Detached
  • Garage Square Area: 396
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,572
  • Gross Building Area: 2,572
  • Building Area: 1,788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,788
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VAJENS S BROOKSIDE ADD
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: VAJENS S BROOKSIDE L234

Ownership

  • Current Owner : MAJORINS PHILIP A
  • Current Owner 2: MAJORINS SARAH E
  • Previous Owner : OLOHAN MARIA G
  • Owner Before Previous Owner: OLOUGHLIN MARIA G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352600

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-C1
  • District: 0001
  • Section: 320
  • Parcel: 49-07-32-193-131.000-101
  • Lot: 234
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.782
  • Longitude: -86.114

    Address

  • Full Address: 1020 N Parker Ave
  • Address - House Number: 1020
  • Street Direction: N
  • Address - Street Name: Parker
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C010
  • 4-Digit Zip Code: 2268
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,572
  • Tax Year: 2022
  • Tax Amount: $2,425
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 281,411
  • High Value: 346,179
  • Low Value: 216,642

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,500
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Loan Amount: $199,500
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $212,600
  • Market Land Value: $20,200
  • Market Improvement Value: $192,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,600
  • Assessed Land Value: $20,200
  • Assessed Improvements Value: $192,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Transaction ID: 11876140662
  • Current Sale Price: $265,335
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 172695
  • Previous Sale Recording Date: Nov 15, 2007
  • Previous Sale Contract Date: Oct 30, 2007
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Dec 28, 2021
  • First Mortgage Loan Amount: $199,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About Near Eastside



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Frequently Asked Questions

What neighborhood is 1020 North Parker Avenue located in?
The 1020 North Parker Avenue is a located in the neighborhood of Rural-Sherman in Near Eastside, Indianapolis.
What is the average sales price for listings in 1020 North Parker Avenue?
The average sales price for units in 1020 North Parker Avenue is $0 currently.

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