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1220 South Webster Avenue

1220 South Webster Avenue, Indianapolis, IN 46203
Property in Glenroy Village
Sold Jan 29, 2020
$90,000
$104,000 by Rocket Mortgage Llc
Mortgage Due May 01, 2035
1220 South Webster Avenue in Indianapolis, IN was first built in 1962 and is 62 years old. Although, the building on the property was most recently renovated and altered in 1975. 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. 1220 South Webster Avenue has 1,008 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 linear feet across the front of the lot is 1,010 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 16,161 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 528 sqft. There are a total of 2 available parking spaces. 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 stone 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. The property was last sold in Jan 13, 2020 for $90,000. That's $58.59 per sqft. 1220 South Webster Avenue was last assessed in 2023. The total value of the property was assessed at $127,600. Specifically, the land the property is located on was valued at $19,000. While improvements on the property were assessed at a total of $108,600. 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 $1,249. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1962
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,161
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON ESTATES 1ST SEC
  • Land Acres: 0.371
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ARLINGTON ESTATES 1ST SEC L63

Ownership

  • Current Owner : LANE ROBERT PATRICK
  • Current Owner 2: LANE JILL
  • Previous Owner : WRIGHT MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Warren Township Metropolitan School District
  • Census Tract: 361402

Geography

  • Assessors Map Reference: 2339-C6
  • District: 0007
  • Section: 140
  • Parcel: 49-10-14-105-050.000-700
  • Lot: 63
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7513
  • Longitude: -86.0628

    Address

  • Full Address: 1220 S Webster Ave
  • Address - House Number: 1220
  • Street Direction: S
  • Address - Street Name: Webster
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 2661
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,008
  • Tax Year: 2022
  • Tax Amount: $1,249
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.2566
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 186,451
  • High Value: 234,295
  • Low Value: 138,607

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 18, 2022
  • First Open Lien Mortgage Loan Amount: $104,000
  • First Open Lien Mortgage Term: 156
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2035

    Market Valuation

  • Market Total Value: $127,600
  • Market Land Value: $19,000
  • Market Improvement Value: $108,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,600
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $108,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 13, 2020
  • Current Sale Recording Date: Jan 29, 2020
  • Current Sale Transaction ID: 11724585323
  • Current Sale Price: $90,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: A202000010800

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jan 29, 2020
  • First Mortgage Loan Amount: $85,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1220 South Webster Avenue located in?
The 1220 South Webster Avenue is a located in the neighborhood of Glenroy Village in Southeast Indianapolis, Indianapolis.
What is the average sales price for listings in 1220 South Webster Avenue?
The average sales price for units in 1220 South Webster Avenue is $0 currently.

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