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1036 North Tuxedo Street

1036 North Tuxedo Street, Indianapolis, IN 46201
Multifamily in Rural-Sherman
1 Units For Sale
Unit for sale at 1036 North Tuxedo Street, Indianapolis, IN 46201

$305,000 In Contract

  • Studio
1036 North Tuxedo Street, Indianapolis, IN 46201 Listing by Edwin Watson

1036 North Tuxedo Street in Indianapolis, IN was first built in 1916 and is 108 years old. Although, the building on the property was most recently renovated and altered in 1996. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a row home style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 5 are bedrooms. 1036 North Tuxedo Street has 1,292 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 117 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 470 ft and the linear feet between the front and back of the lot is 1,510. In total, the area measurement of the land is 7,097 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 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $1,250,000 in Aug 11, 2021. Current property owners are expected to pay $2,093 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1036 North Tuxedo Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $295,800. To break that down further, the land itself was valued at $4,900. While improvements to the property were assessed at a total of $290,900. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Aluminum Siding
Vinyl Siding

Parking

On-Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190208
02/08/2019
Studio
-
-
$119,900
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Row home
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 117
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,097
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,409
  • Gross Building Area: 1,409
  • Building Area: 1,292
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,292
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: S K FLETCHERS SOUTH BROOKSIDE ADD
  • Land Acres: 0.163
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: S K FLETCHER S BROOKSIDE ADD L10 B3

Ownership

  • Current Owner : GREENWICH REAL ESTATE LLC
  • Previous Owner : BLACKCORE INVESTMENTS LLC
  • Owner Before Previous Owner: ATHA PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

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

Geography

  • Assessors Map Reference: 2338-C1
  • District: 0001
  • Section: 320
  • Parcel: 49-07-32-103-376.000-101
  • Lot: 10
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7824
  • Longitude: -86.1086

    Address

  • Full Address: 1036 N Tuxedo St
  • Address - House Number: 1036
  • Street Direction: N
  • Address - Street Name: Tuxedo
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C010
  • 4-Digit Zip Code: 2261
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,409
  • Tax Year: 2022
  • Tax Amount: $2,093
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,000
  • First Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • First Open Lien Mortgage Recording Date: Jul 17, 2023
  • First Open Lien Mortgage Loan Amount: $237,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 28, 2028

    Market Valuation

  • Market Total Value: $295,800
  • Market Land Value: $4,900
  • Market Improvement Value: $290,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,800
  • Assessed Land Value: $4,900
  • Assessed Improvements Value: $290,900

    Sales

  • Current Sale Contract Date: Oct 11, 2022
  • Current Sale Recording Date: Oct 18, 2022
  • Current Sale Transaction ID: 11897860670
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 113684
  • Previous Sale Recording Date: Aug 24, 2021
  • Previous Sale Contract Date: Aug 11, 2021
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: COREVEST AMERICAN FINANCE
  • Previous Mortgage Transaction Date: Aug 24, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Near Eastside



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Nearby Rentals

Unit for rent at

$3,850 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,863 ft²
Listing by Joyce Tran

Frequently Asked Questions

What neighborhood is 1036 North Tuxedo Street located in?
The 1036 North Tuxedo Street is a multifamily located in the neighborhood of Rural-Sherman in Near Eastside, Indianapolis.
How many listings are currently for sale in 1036 North Tuxedo Street?
There is one unit for sale right now.
What is the average sales price for listings in 1036 North Tuxedo Street?
The average sales price for units in 1036 North Tuxedo Street is $305,000 currently.

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