1201 Villa Avenue

1201 Villa Avenue in Indianapolis, IN was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 2017. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. There are 3 partial bathrooms. 1201 Villa Avenue has 1,762 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 244 sqft and has been categorized as a building with no basement. The linear feet across the front of the lot is 340 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 4,574 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 240 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 1201 Villa Avenue sold most recently in Aug 19, 2020 for a total of $280,000. If you work out the math, that's approximately a cost of $158.91 per sqft. Before that, the property was also sold for $240,000 in Aug 23, 2018. 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 $3,389 in taxes each year. 1201 Villa Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $281,900. If we break it down further, the land itself was valued at $18,200. Improvements to the property, however, were assessed at a total of $263,700. 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.