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1163 North Sheffield Avenue

1163 North Sheffield Avenue, Indianapolis, IN 46222
Property in Near Westside
Sold Nov 24, 2020
$79,000
$75,050 by Bailey & Wood Financial Group
Mortgage
Sold Nov 02, 2015
Transfer
Local assessors in Indianapolis, IN have categorized 1163 North Sheffield Avenue as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 1972. The property's lot size has been calculated to be 5,532 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 370 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. 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 1163 North Sheffield Avenue has a total of 786 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 576 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 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 frame 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 - D. The building has a roof that is made of asphalt. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Nov 17, 2020 for $79,000. That's $40.76 per sqft. 1163 North Sheffield Avenue was last assessed in 2021. The total value of the property was assessed at $64,200. Specifically, the land the property is located on was valued at $3,000. While improvements on the property were assessed at a total of $61,200. 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 $464. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1940
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 576
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,532
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,938
  • Gross Building Area: 1,938
  • Building Area: 786
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 786
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CLARKS ADDITION TO HAUGHVILLE
  • Land Acres: 0.127
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: CLARKS ADDITION TO HAUGHVILLE L 33

Ownership

  • Current Owner : SAENZ MARTIN CORONA
  • Current Owner 2: LEMUS MARICELA RODRIGUEZ
  • Previous Owner : IRA CLUB
  • Owner Before Previous Owner: KT PROPERTIES INDIANAPOLIS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 0009
  • Section: 330
  • Parcel: 49-06-33-152-152.000-901
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7841
  • Longitude: -86.1978

    Address

  • Full Address: 1163 N Sheffield Ave
  • Address - House Number: 1163
  • Street Direction: N
  • Address - Street Name: Sheffield
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C020
  • 4-Digit Zip Code: 3162
  • Zip Code: 46222

Valuation

    Tax

  • Total Area: 1,938
  • Tax Year: 2021
  • Tax Amount: $464
  • Tax Rate Code Area: 901:INDPLS

    Appraisal Valuation

  • Standard Deviation: 0.2508
  • Valuation Date: Oct 05, 2022
  • Confidence Score: 64
  • Final Value: 122,991
  • High Value: 153,848
  • Low Value: 92,134

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $75,050
  • First Open Lien Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Nov 24, 2020
  • First Open Lien Mortgage Loan Amount: $75,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Recording Date: Nov 24, 2020
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $64,200
  • Market Land Value: $3,000
  • Market Improvement Value: $61,200

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $64,200
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $61,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Transaction ID: 11813665028
  • Current Sale Price: $79,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000138858
  • Previous Sale Recording Date: Nov 02, 2015
  • Previous Sale Contract Date: Oct 21, 2015
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Mortgage Transaction Date: Nov 24, 2020
  • First Mortgage Loan Amount: $75,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 1163 North Sheffield Avenue located in?
The 1163 North Sheffield Avenue is a located in the neighborhood of Near Westside in Near Westside, Indianapolis.
What is the average sales price for listings in 1163 North Sheffield Avenue?
The average sales price for units in 1163 North Sheffield Avenue is $0 currently.

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