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1024 North Colorado Avenue

1024 North Colorado Avenue, Indianapolis, IN 46201
Sold Oct 25, 2018
$113,000
$100,000 by Huntington National Bank
Mortgage Due Mar 01, 2052
Sold Oct 19, 2018
$113,000
1024 North Colorado Avenue in Indianapolis, IN was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 2000. 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. 1024 North Colorado Avenue has 936 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 468 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 510 ft and the linear feet between the front and back of the lot is 840. In total, the area measurement of the land is 4,269 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. 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 fair. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1024 North Colorado Avenue sold most recently in Oct 19, 2018 for a total of $113,000. If you work out the math, that's approximately a cost of $80.48 per sqft. Before that, the property was also sold for $113,000 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,765 in taxes each year. 1024 North Colorado Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $150,500. If we break it down further, the land itself was valued at $12,100. Improvements to the property, however, were assessed at a total of $138,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 468
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,269
  • Lot Size Depth Feet: 840
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHARLES E JOHNSON & WILLIAM H EAST 10TH
  • Land Acres: 0.098
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: C E & W K JOHNSON E 10TH ST ADD PT L20 & L21 50 N SW COR L21 P.O.B. N50.6 E84 S50.6 W84 TO BEG

Ownership

  • Current Owner : HEFFNER EVELYN
  • Previous Owner : ROTH CHRISTOPHER D
  • Owner Before Previous Owner: ROTH CHRISTOPHER D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352500

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-E1
  • District: 0001
  • Section: 330
  • Parcel: 49-07-33-178-278.000-101
  • Lot: 20,21
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7822
  • Longitude: -86.0959

    Address

  • Full Address: 1024 N Colorado Ave
  • Address - House Number: 1024
  • Street Direction: N
  • Address - Street Name: Colorado
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 2352
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,404
  • Tax Year: 2022
  • Tax Amount: $1,765
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 194,696
  • High Value: 244,993
  • Low Value: 144,399

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Feb 23, 2022
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $150,500
  • Market Land Value: $12,100
  • Market Improvement Value: $138,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,500
  • Assessed Land Value: $12,100
  • Assessed Improvements Value: $138,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 19, 2018
  • Current Sale Recording Date: Oct 25, 2018
  • Current Sale Transaction ID: 11535794446
  • Current Sale Price: $113,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800108991
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Amount: $113,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Oct 25, 2018
  • First Mortgage Loan Amount: $101,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Near Eastside



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Frequently Asked Questions

What neighborhood is 1024 North Colorado Avenue located in?
The 1024 North Colorado Avenue is a house located in the neighborhood of Near Eastside in Near Eastside, Indianapolis.
What is the average sales price for listings in 1024 North Colorado Avenue?
The average sales price for units in 1024 North Colorado Avenue is $120,000 , or $85/sqft. currently.

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