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1050 King Avenue

1050 King Avenue, Indianapolis, IN 46222
Property in Near Westside
Sold Aug 03, 2022
Transfer
Sold Jul 22, 2022
Transfer
1050 King Avenue in Indianapolis, IN was first built in 1922 and is 102 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. 1050 King Avenue has 994 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 linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,440. In total, the area measurement of the land is 5,750 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 no air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $411 in taxes each year. 1050 King Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $53,300. If we break it down further, the land itself was valued at $3,100. Improvements to the property, however, were assessed at a total of $50,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Building Condition: Fair
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,750
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,774
  • Gross Building Area: 1,774
  • Building Area: 994
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 994
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FERNDALE
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FERNDALE L51

Ownership

  • Current Owner : SCHOLTENS LLC
  • Previous Owner : SIMPLE QUARTERS LLC
  • Owner Before Previous Owner: ANN NKRUMAH JOE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 341200

Geography

  • Assessors Map Reference: 2336-C1
  • District: 0009
  • Section: 330
  • Parcel: 49-06-33-129-107.000-901
  • Lot: 51
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7822
  • Longitude: -86.2041

    Address

  • Full Address: 1050 King Ave
  • Address - House Number: 1050
  • Address - Street Name: King
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C007
  • 4-Digit Zip Code: 3637
  • Zip Code: 46222

Valuation

    Tax

  • Total Area: 1,774
  • Tax Year: 2022
  • Tax Amount: $411
  • Tax Rate Code Area: 901

    Appraisal Valuation

  • Standard Deviation: 0.2562
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 110,668
  • High Value: 139,023
  • Low Value: 82,313

    Market Valuation

  • Market Total Value: $53,300
  • Market Land Value: $3,100
  • Market Improvement Value: $50,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,300
  • Assessed Land Value: $3,100
  • Assessed Improvements Value: $50,200

    Sales

  • Current Sale Contract Date: Jul 27, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Transaction ID: 11894187228
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 86984
  • Previous Sale Recording Date: Jul 22, 2022
  • Previous Sale Contract Date: Jul 15, 2022
  • Previous Sale Document Type: Warranty Deed

About Near Westside



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Frequently Asked Questions

What neighborhood is 1050 King Avenue located in?
The 1050 King Avenue is a located in the neighborhood of Near Westside in Near Westside, Indianapolis.
What is the average sales price for listings in 1050 King Avenue?
The average sales price for units in 1050 King Avenue is $0 currently.

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