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120 2nd Avenue Northeast

120 2nd Avenue Northeast, Carmel, IN 46032
Property in Clay
Sold Nov 02, 2017
$168,800
$135,000 by Wayne Bank And Trust Co
Mortgage Due Nov 01, 2037
Local assessors in Carmel, IN have categorized 120 2nd Avenue Northeast as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1971. The property's lot size has been calculated to be 3,485 square feet. The linear feet between the front and back of the lot was measured at 730 ft and the front of the lot was measured at 510 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 120 2nd Avenue Northeast has a total of 1,440 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. 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 wood 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. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 120 2nd Avenue Northeast sold most recently in Nov 1, 2017 for a total of $168,800. If you work out the math, that's approximately a cost of $117.22 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,090 in taxes each year. 120 2nd Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $197,300. If we break it down further, the land itself was valued at $64,300. Improvements to the property, however, were assessed at a total of $133,000. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 730
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,440
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CAREY ADDITION
  • Land Acres: 0.08
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: ACREAGE .00, SECTION 30, TOWNSHIP 18, RANGE 4, CAREY ADDITION, LOT PT 7

Ownership

  • Current Owner : SLATTEN JOHN
  • Previous Owner : COMPTON JOHN M
  • Previous Owner 2: COMPTON HERMA E

Neighborhood

  • School District Name: Carmel Clay Schools
  • Census Tract: 110905

Geography

  • District: 0017
  • Parcel: 29-10-30-902-016.000-018
  • Lot: 7
  • Meridian: SEC 30 TWN 18 RNG 04
  • Municipality: DELAWARE TOWNSHIP
  • Latitude: 39.9797
  • Longitude: -86.1245

    Address

  • Full Address: 120 2nd Ave Ne
  • Address - House Number: 120
  • Street Segment Direction: NE
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Carmel
  • Carrier Code: C006
  • 4-Digit Zip Code: 1810
  • Zip Code: 46032

Valuation

    Tax

  • Total Area: 1,440
  • Tax Year: 2022
  • Tax Amount: $3,090
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 74
  • Final Value: 255,498
  • High Value: 304,048
  • Low Value: 206,948

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,000
  • First Open Lien Mortgage Lender: WAYNE BANK AND TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 02, 2017
  • First Open Lien Mortgage Loan Amount: $135,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2037

    Market Valuation

  • Market Total Value: $197,300
  • Market Land Value: $64,300
  • Market Improvement Value: $133,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,300
  • Assessed Land Value: $64,300
  • Assessed Improvements Value: $133,000

    Sales

  • Current Sale Contract Date: Nov 01, 2017
  • Current Sale Recording Date: Nov 02, 2017
  • Current Sale Transaction ID: 11412392666
  • Current Sale Price: $168,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017054489

    Last Sale Mortgage

  • First Mortgage Lender: WAYNE BANK AND TRUST CO
  • First Mortgage Transaction Date: Nov 02, 2017
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 01, 2037

About Carmel



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Unit for rent at 14941 Oak Road, Carmel, IN, 46033

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14941 Oak Road, Carmel, IN, 46033 Listing by Heather Kemper

Frequently Asked Questions

What neighborhood is 120 2nd Avenue Northeast located in?
The 120 2nd Avenue Northeast is a located in the neighborhood of Clay in Carmel, Carmel.
What is the average sales price for listings in 120 2nd Avenue Northeast?
The average sales price for units in 120 2nd Avenue Northeast is $0 currently.

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