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1229 South Biltmore Avenue

1229 South Biltmore Avenue, Indianapolis, IN 46241
Property in Stout Field
Sold Sep 20, 2017
$92,000
$90,333 by Bailey & Wood Financial Group
Mortgage Due Oct 01, 2047
Sold Sep 18, 2017
$92,000
Local assessors in Indianapolis, IN have categorized 1229 South Biltmore Avenue as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 7,013 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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. There are also 3 partial bathrooms. 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 1229 South Biltmore Avenue has a total of 1,458 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 1229 South Biltmore Avenue sold most recently in Sep 18, 2017 for a total of $92,000. If you work out the math, that's approximately a cost of $47.47 per sqft. Before that, the property was also sold for $92,000 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,637 in taxes each year. 1229 South Biltmore Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $190,800. If we break it down further, the land itself was valued at $5,900. Improvements to the property, however, were assessed at a total of $184,900. 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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,013
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,938
  • Gross Building Area: 1,938
  • Building Area: 1,458
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,458
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LINHURST ADDITION
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LINHURST ADDITION L71

Ownership

  • Current Owner : BINEGAR ASHLEY N
  • Previous Owner : BROWN BILLY WAYNE
  • Previous Owner 2: BROWN LINDA LOU
  • Owner Before Previous Owner: BROWN BILLY WAYNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 342200

Geography

  • Assessors Map Reference: 2335-C6
  • District: 0009
  • Section: 130
  • Parcel: 49-12-13-112-060.000-930
  • Lot: 71
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7493
  • Longitude: -86.2524

    Address

  • Full Address: 1229 S Biltmore Ave
  • Address - House Number: 1229
  • Street Direction: S
  • Address - Street Name: Biltmore
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C001
  • 4-Digit Zip Code: 3401
  • Zip Code: 46241

Valuation

    Tax

  • Total Area: 1,458
  • Tax Year: 2022
  • Tax Amount: $2,637
  • Tax Rate Code Area: 930

    Appraisal Valuation

  • Standard Deviation: 0.2538
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 206,558
  • High Value: 258,999
  • Low Value: 154,117

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,333
  • First Open Lien Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Sep 20, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $90,333
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2047

    Market Valuation

  • Market Total Value: $190,800
  • Market Land Value: $5,900
  • Market Improvement Value: $184,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,800
  • Assessed Land Value: $5,900
  • Assessed Improvements Value: $184,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2017
  • Current Sale Recording Date: Sep 20, 2017
  • Current Sale Transaction ID: 11419386962
  • Current Sale Price: $92,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201700106568
  • Previous Sale Recording Date: Sep 18, 2017
  • Previous Sale Amount: $92,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Mortgage Transaction Date: Sep 20, 2017
  • First Mortgage Loan Amount: $90,333
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Stout Field



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Frequently Asked Questions

What neighborhood is 1229 South Biltmore Avenue located in?
The 1229 South Biltmore Avenue is a located in the neighborhood of Stout Field in Stout Field, Indianapolis.
What is the average sales price for listings in 1229 South Biltmore Avenue?
The average sales price for units in 1229 South Biltmore Avenue is $0 currently.

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