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118 West North Street

118 West North Street, Indianapolis, IN 46204
Local assessors in Indianapolis, IN have categorized 118 West North Street as a commercial type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 2008. The property's lot size has been calculated to be 14,040 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 118 West North Street has a total of 16,560 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. 118 West North Street is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". The home sources its water from none system. 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 brick 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. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jan 1, 1970 for $1,197,000. That's $72.28 per sqft. 118 West North Street was last assessed in 2023. The total value of the property was assessed at $791,200. Specifically, the land the property is located on was valued at $308,900. While improvements on the property were assessed at a total of $482,300. 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 $22,287. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201228
12/28/2020
Loft
-
-
$1,500,000
bedrooms
Loft
bathrooms
-
-
-
-
Joseph Freije
CENTURY 21 Rasmussen Company

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,040
  • Total Building Area: 16,560
  • Gross Building Area: 16,560
  • Building Area: 16,560
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 16,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: BLAKES SUB OL7
  • Land Acres: 0.322
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: BLAKES SUB 46FT E SIDE L9 OL7 & 20FT W END L8ALSO 1/2 VAC AIR RTS OVER EMMETT ST BEG 109.6FT EOF EL CAPITOL AVE & VAC ALLEY ADJ

Ownership

  • Current Owner : KC & SON LLC
  • Previous Owner : TERESA DAWN FREIJE REVOCABLE TRUST
  • Owner Before Previous Owner: FREIJE TERESA DAWN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 391002

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2337-C2
  • District: 0001
  • Section: 2015003
  • Parcel: 49-11-02-107-035.000-101
  • Lot: 9
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7759
  • Longitude: -86.1608

    Address

  • Full Address: 118 W North St
  • Address - House Number: 118
  • Street Direction: W
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C047
  • 4-Digit Zip Code: 1229
  • Zip Code: 46204

Valuation

    Tax

  • Total Area: 16,560
  • Tax Year: 2022
  • Tax Amount: $22,287
  • Tax Rate Code Area: 101

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: CENTIER BANK
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $900,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Sep 29, 2041

    Market Valuation

  • Market Total Value: $791,200
  • Market Land Value: $308,900
  • Market Improvement Value: $482,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $791,200
  • Assessed Land Value: $308,900
  • Assessed Improvements Value: $482,300

    Sales

  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11860038807
  • Current Sale Price: $1,197,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 131887
  • Previous Sale Recording Date: Oct 05, 2016
  • Previous Sale Contract Date: Sep 06, 2016
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: CENTIER BANK
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Sep 29, 2041

About Downtown Indianapolis



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Frequently Asked Questions

What neighborhood is 118 West North Street located in?
The 118 West North Street is a commercial located in the neighborhood of Downtown Indianapolis in Downtown Indianapolis, Indianapolis.
What is the average sales price for listings in 118 West North Street?
The average sales price for units in 118 West North Street is $0 currently.

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