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1232 North Oakland Avenue

1232 North Oakland Avenue, Indianapolis, IN 46201
Property in Rural-Sherman
Sold Aug 03, 2023
$281,760
$211,850 by Tucker Mortgage, Llc
Mortgage Due Aug 01, 2053
Sold Dec 09, 2020
$154,200
$152,192 by Caliber Home Loans Inc
Mortgage
1232 North Oakland 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 2000. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1232 North Oakland Avenue has 1,864 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 530 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,520. In total, the area measurement of the land is 6,098 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 308 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1232 North Oakland Avenue sold most recently in Jul 27, 2023 for a total of $281,760. If you work out the math, that's approximately a cost of $117.69 per sqft. Before that, the property was also sold for $154,200 in Dec 3, 2020. 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 $2,072 in taxes each year. 1232 North Oakland Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $183,600. If we break it down further, the land itself was valued at $20,200. Improvements to the property, however, were assessed at a total of $163,400. 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: 1920
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 530
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,394
  • Gross Building Area: 2,394
  • Building Area: 1,864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VAJENS S BROOKSIDE ADD
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: VAJENS S BROOKSIDE ADD L290

Ownership

  • Current Owner : SPOTTS MCKENZIE
  • Current Owner 2: SPOTTS MARY C
  • Previous Owner : DECOLA ELISE
  • Previous Owner 2: COOPER MATTHEW R
  • Owner Before Previous Owner: DECOLA ELISE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352600

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-C1
  • District: 0001
  • Section: 320
  • Parcel: 49-07-32-193-247.000-101
  • Lot: 290
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7845
  • Longitude: -86.1127

    Address

  • Full Address: 1232 N Oakland Ave
  • Address - House Number: 1232
  • Street Direction: N
  • Address - Street Name: Oakland
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C010
  • 4-Digit Zip Code: 2223
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,258
  • Tax Year: 2022
  • Tax Amount: $2,072
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2627
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 283,937
  • High Value: 358,534
  • Low Value: 209,341

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,850
  • First Open Lien Mortgage Lender: TUCKER MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Aug 03, 2023
  • First Open Lien Mortgage Loan Amount: $211,850
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $183,600
  • Market Land Value: $20,200
  • Market Improvement Value: $163,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,600
  • Assessed Land Value: $20,200
  • Assessed Improvements Value: $163,400

    Sales

  • Current Sale Contract Date: Jul 27, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Transaction ID: 11910803191
  • Current Sale Price: $281,760
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 64009
  • Previous Sale Recording Date: Dec 09, 2020
  • Previous Sale Contract Date: Dec 03, 2020
  • Previous Sale Amount: $154,200
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: TUCKER MORTGAGE, LLC
  • First Mortgage Transaction Date: Aug 03, 2023
  • First Mortgage Loan Amount: $211,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Dec 09, 2020
  • Previous Mortgage Loan Amount: $152,192
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 1232 North Oakland Avenue located in?
The 1232 North Oakland Avenue is a located in the neighborhood of Rural-Sherman in Near Eastside, Indianapolis.
What is the average sales price for listings in 1232 North Oakland Avenue?
The average sales price for units in 1232 North Oakland Avenue is $0 currently.

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