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1048 East Edwards Avenue

1048 East Edwards Avenue, Indianapolis, IN 46227
Property in North Perry
Sold Nov 27, 2018
$135,000
$108,000 by Regions Bank
Mortgage
Sold Aug 18, 2006
$153,000
$122,400 by Us Bank Na
Mortgage Due Aug 01, 2036
1048 East Edwards Avenue has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1949 and is 75 years old. However, we must point out that the home was most recently renovated and altered in 1966. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1048 East Edwards Avenue has 1,591 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,194 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,360 ft and across the front of the lot is 1,500 ft. The area measurement of the land has been determined as 20,386 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 672 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Nov 20, 2018 for $135,000. That's $48.47 per sqft. Prior to that sales transaction, the property was also sold in Jul 7, 2006 for $153,000. 1048 East Edwards Avenue was last assessed in 2023. The total value of the property was assessed at $211,300. Specifically, the land the property is located on was valued at $35,500. While improvements on the property were assessed at a total of $175,800. 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 $2,670. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1949
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,194
  • Garage Type: Detached
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,386
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,785
  • Gross Building Area: 2,785
  • Building Area: 1,591
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,591
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ELDERS 2ND MARION HEIGHTS
  • Land Acres: 0.468
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ELDERS 2ND MARION HTS L40 & E1/2 L39

Ownership

  • Current Owner : RODDY IVAN ALLEN
  • Previous Owner : SHEETS JOHN E
  • Previous Owner 2: SHEETS LINDA J
  • Owner Before Previous Owner: MATHIS ROBERT
  • Owner Before Previous Owner 2: HAVELY KURT
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 380600

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2446-E5
  • District: 0005
  • Section: 360
  • Parcel: 49-11-36-101-001.072-501
  • Lot: 40
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.7058
  • Longitude: -86.14

    Address

  • Full Address: 1048 E Edwards Ave
  • Address - House Number: 1048
  • Street Direction: E
  • Address - Street Name: Edwards
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C008
  • 4-Digit Zip Code: 1508
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 2,785
  • Tax Year: 2022
  • Tax Amount: $2,670
  • Tax Rate Code Area: 501

    Appraisal Valuation

  • Standard Deviation: 0.2478
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 262,020
  • High Value: 326,974
  • Low Value: 197,065

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Nov 27, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $108,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $211,300
  • Market Land Value: $35,500
  • Market Improvement Value: $175,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,300
  • Assessed Land Value: $35,500
  • Assessed Improvements Value: $175,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2018
  • Current Sale Recording Date: Nov 27, 2018
  • Current Sale Transaction ID: 11543835815
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800119711
  • Previous Sale Recording Date: Aug 18, 2006
  • Previous Sale Contract Date: Jul 07, 2006
  • Previous Sale Amount: $153,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Nov 27, 2018
  • First Mortgage Loan Amount: $108,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Aug 18, 2006
  • Previous Mortgage Loan Amount: $122,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About North Perry



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Frequently Asked Questions

What neighborhood is 1048 East Edwards Avenue located in?
The 1048 East Edwards Avenue is a located in the neighborhood of North Perry in North Perry, Indianapolis.
What is the average sales price for listings in 1048 East Edwards Avenue?
The average sales price for units in 1048 East Edwards Avenue is $0 currently.

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