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1150 East Banta Road

1150 East Banta Road, Indianapolis, IN 46227
Sold Mar 22, 2023
$198,340
$196,377 by Fifth Third Bank National Asso
Mortgage Due Apr 01, 2053
Sold Feb 01, 2019
$130,000
$130,000 by First Madison Bank
Mortgage
Local assessors in Indianapolis, IN have categorized 1150 East Banta Road as a residential type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 14,985 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1150 East Banta Road has a total of 1,408 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 676 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with stone control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Mar 15, 2023 for $198,340. That's $95.17 per sqft. Prior to that sales transaction, the property was also sold in Jan 18, 2019 for $130,000. 1150 East Banta Road was last assessed in 2023. The total value of the property was assessed at $213,900. Specifically, the land the property is located on was valued at $24,000. While improvements on the property were assessed at a total of $189,900. 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 $2,599. 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! 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.

Building Features

Exterior

Stone Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Stone
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 676
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,985
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,084
  • Gross Building Area: 2,084
  • Building Area: 1,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTHDOWNS ADD
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SOUTHDOWNS LOT 8

Ownership

  • Current Owner : AYERS JACOB L
  • Current Owner 2: PRICE AMBER L
  • Previous Owner : THAWNG CUNG NAWL
  • Owner Before Previous Owner: SACHS KIMBERLY S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 381002

Geography

  • Assessors Map Reference: 2555-E2
  • District: 0005
  • Section: 7014004
  • Parcel: 49-15-07-101-001.000-500
  • Lot: 8
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6725
  • Longitude: -86.1374

    Address

  • Full Address: 1150 E Banta Rd
  • Address - House Number: 1150
  • Street Direction: E
  • Address - Street Name: Banta
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C065
  • 4-Digit Zip Code: 4821
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 1,293
  • Tax Year: 2022
  • Tax Amount: $2,599
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 270,387
  • High Value: 331,154
  • Low Value: 209,621

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,377
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK NATIONAL ASSO
  • First Open Lien Mortgage Recording Date: Mar 22, 2023
  • First Open Lien Mortgage Loan Amount: $196,377
  • 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: Apr 01, 2053

    Market Valuation

  • Market Total Value: $213,900
  • Market Land Value: $24,000
  • Market Improvement Value: $189,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,900
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $189,900

    Sales

  • Current Sale Contract Date: Mar 15, 2023
  • Current Sale Recording Date: Mar 22, 2023
  • Current Sale Transaction ID: 11904209530
  • Current Sale Price: $198,340
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21965
  • Previous Sale Recording Date: Feb 01, 2019
  • Previous Sale Contract Date: Jan 18, 2019
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK NATIONAL ASSO
  • First Mortgage Transaction Date: Mar 22, 2023
  • First Mortgage Loan Amount: $196,377
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MADISON BANK
  • Previous Mortgage Transaction Date: Feb 01, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $130,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 1150 East Banta Road located in?
The 1150 East Banta Road is a house located in the neighborhood of Forest Commons in Edgewood, Indianapolis.
What is the average sales price for listings in 1150 East Banta Road?
The average sales price for units in 1150 East Banta Road is $0 currently.

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