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1243 North Emerson Avenue

1243 North Emerson Avenue, Indianapolis, IN 46219
House in Eastside
Sold Mar 14, 2023
$160,655
Seller
$159,065 by Caliber Home Loans, Inc.
Mortgage Due Apr 01, 2053
1243 North Emerson Avenue in Indianapolis, IN was first built in 1941 and is 83 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 2 are bedrooms. 1243 North Emerson Avenue has 1,800 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 450 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 960 ft and the linear feet between the front and back of the lot is 1,620. In total, the area measurement of the land is 15,551 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. 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. 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 no air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Mar 7, 2023 for $160,655. That's $71.40 per sqft. 1243 North Emerson Avenue was last assessed in 2023. The total value of the property was assessed at $184,700. Specifically, the land the property is located on was valued at $40,300. While improvements on the property were assessed at a total of $144,400. 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 $2,232. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • 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: 450
  • Parking Space Count: 0
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 15,551
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 960
  • Total Building Area: 2,250
  • Gross Building Area: 2,250
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: W G JUSTUS EMERSON AVE 1ST SEC
  • Land Acres: 0.357
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: W G JUSTUS EMERSON AVE ADD 1ST SEC L3

Ownership

  • Current Owner : GROSS MICHAEL
  • Previous Owner : MORAN LEE J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 360900

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2339-A1
  • District: 0007
  • Section: 340
  • Parcel: 49-07-34-124-003.000-701
  • Lot: 3
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7841
  • Longitude: -86.083

    Address

  • Full Address: 1243 N Emerson Ave
  • Address - House Number: 1243
  • Street Direction: N
  • Address - Street Name: Emerson
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C025
  • 4-Digit Zip Code: 2931
  • Zip Code: 46219

Valuation

    Tax

  • Total Area: 2,250
  • Tax Year: 2022
  • Tax Amount: $2,232
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 240,166
  • High Value: 294,140
  • Low Value: 186,192

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $209,065
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS, INC.
  • First Open Lien Mortgage Recording Date: Mar 14, 2023
  • First Open Lien Mortgage Loan Amount: $159,065
  • 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: Apr 01, 2053
  • Second Open Lien Mortgage Lender: INDIANA HOUSING AND COMMUNITY
  • Second Open Lien Mortgage Recording Date: Oct 02, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $184,700
  • Market Land Value: $40,300
  • Market Improvement Value: $144,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,700
  • Assessed Land Value: $40,300
  • Assessed Improvements Value: $144,400

    Sales

  • Current Sale Contract Date: Mar 07, 2023
  • Current Sale Recording Date: Mar 14, 2023
  • Current Sale Transaction ID: 11903835299
  • Current Sale Price: $160,655
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19545

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS, INC.
  • First Mortgage Transaction Date: Mar 14, 2023
  • First Mortgage Loan Amount: $159,065
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2053
  • Second Mortgage Lender: INDIANA HOUSING & CMNTY DEV
  • Second Mortgage Transaction Date: Mar 14, 2023
  • Second Mortgage Loan Amount: $9,720

About Eastside



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Frequently Asked Questions

What neighborhood is 1243 North Emerson Avenue located in?
The 1243 North Emerson Avenue is a house located in the neighborhood of Eastside in Eastside, Indianapolis.
What is the average sales price for listings in 1243 North Emerson Avenue?
The average sales price for units in 1243 North Emerson Avenue is $0 currently.

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