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114 South 5th Avenue

114 South 5th Avenue, Beech Grove, IN 46107
House in Park Meadow
Sold Aug 22, 2023
$108,522
$107,448 by State Bank & Trust Co
Mortgage Due Sep 01, 2053
Sold Jan 10, 2018
$80,500
$79,041 by New Penn Financial Llc
Mortgage Due Feb 01, 2048
114 South 5th Avenue has been categorized by the local assessors in Beech Grove, IN as a residential type of property. The building on the property was first built in 1941 and is 83 years old. However, we must point out that the home was most recently renovated and altered in 1976. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 114 South 5th Avenue has 720 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 full basement that is 720 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 1,330 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,314 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 240 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D 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. 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 Aug 15, 2023 for $108,522. That's $75.36 per sqft. Prior to that sales transaction, the property was also sold in Jan 5, 2018 for $80,500. 114 South 5th Avenue was last assessed in 2023. The total value of the property was assessed at $116,900. Specifically, the land the property is located on was valued at $17,000. While improvements on the property were assessed at a total of $99,900. 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 $1,426. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1941
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 720
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,314
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEECH GROVE ADD SEC A
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BEECH GROVE ADD SEC A L4 BLK 175

Ownership

  • Current Owner : ELSEY NATHAN T
  • Previous Owner : ELSEY NATHAN T
  • Previous Owner 2: ELSEY DANETTA
  • Owner Before Previous Owner: NICKLE JENNIFER L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Beech Grove City Schools
  • Census Tract: 380403

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2447-E3
  • District: 0005
  • Section: 280
  • Parcel: 49-10-28-113-279.000-502
  • Block: 175
  • Lot: 4
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.7194
  • Longitude: -86.0876

    Address

  • Full Address: 114 S 5th Ave
  • Address - House Number: 114
  • Street Direction: S
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Beech Grove
  • Carrier Code: C006
  • 4-Digit Zip Code: 1927
  • Zip Code: 46107

Valuation

    Tax

  • Total Area: 720
  • Tax Year: 2022
  • Tax Amount: $1,426
  • Tax Rate Code Area: 502

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 167,761
  • High Value: 205,463
  • Low Value: 130,058

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $107,448
  • First Open Lien Mortgage Lender: STATE BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Aug 22, 2023
  • First Open Lien Mortgage Loan Amount: $107,448
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $116,900
  • Market Land Value: $17,000
  • Market Improvement Value: $99,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,900
  • Assessed Land Value: $17,000
  • Assessed Improvements Value: $99,900

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Transaction ID: 11911794142
  • Current Sale Price: $108,522
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 69739
  • Previous Sale Recording Date: Jan 10, 2018
  • Previous Sale Contract Date: Jan 05, 2018
  • Previous Sale Amount: $80,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE BANK & TRUST CO
  • First Mortgage Transaction Date: Aug 22, 2023
  • First Mortgage Loan Amount: $107,448
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NEW PENN FINANCIAL LLC
  • Previous Mortgage Transaction Date: Jan 10, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $79,041
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2048

About Beech Grove



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Frequently Asked Questions

What neighborhood is 114 South 5th Avenue located in?
The 114 South 5th Avenue is a house located in the neighborhood of Park Meadow in Beech Grove, Beech Grove.
What is the average sales price for listings in 114 South 5th Avenue?
The average sales price for units in 114 South 5th Avenue is $0 currently.

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