Check Availability

1253 Southeast Street

1253 Southeast Street, Indianapolis, IN 46225
Sold Feb 08, 2022
$1,435,000
$1,148,000 by Indiana University Credit Unio
Mortgage Due Feb 15, 2037
Sold Feb 12, 2020
$247,000
$197,625 by Gateway Mortgage Group Inc
Mortgage
Local assessors in Indianapolis, IN have categorized 1253 Southeast Street as a residential type of property. The home was built in 1915 and is 109 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 4,966 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 350 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a row home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1253 Southeast Street has a total of 1,872 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 272 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 frame 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. The property was last sold in Feb 2, 2022 for $1,435,000. That's $669.31 per sqft. Prior to that sales transaction, the property was also sold in Feb 7, 2020 for $247,000. 1253 Southeast Street was last assessed in 2023. The total value of the property was assessed at $308,900. Specifically, the land the property is located on was valued at $36,800. While improvements on the property were assessed at a total of $272,100. 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 $7,248. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1915
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Row home
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 272
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,966
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,144
  • Gross Building Area: 2,144
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MARTINDALE & STILTZ ADD
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MARTINDALE & STILZ ADD L5 BLK1

Ownership

  • Current Owner : JUSTICE TANNER W
  • Current Owner 2: JUSTICE LAUREN A
  • Previous Owner : JUSTICE TANNER W
  • Owner Before Previous Owner: JASPER PROPERTIES OF INDIANA
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357000

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2337-D6
  • District: 0001
  • Section: 130
  • Parcel: 49-11-13-136-005.000-101
  • Block: 1
  • Lot: 5
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7501
  • Longitude: -86.1493

    Address

  • Full Address: 1253 S East St
  • Address - House Number: 1253
  • Street Direction: S
  • Address - Street Name: East
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 2529
  • Zip Code: 46225

Valuation

    Tax

  • Total Area: 1,181
  • Tax Year: 2022
  • Tax Amount: $7,248
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 354,253
  • High Value: 431,301
  • Low Value: 277,205

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,148,000
  • First Open Lien Mortgage Lender: INDIANA UNIVERSITY CREDIT UNIO
  • First Open Lien Mortgage Recording Date: Feb 08, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,148,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 15, 2037

    Market Valuation

  • Market Total Value: $308,900
  • Market Land Value: $36,800
  • Market Improvement Value: $272,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,900
  • Assessed Land Value: $36,800
  • Assessed Improvements Value: $272,100

    Sales

  • Current Sale Contract Date: Feb 02, 2022
  • Current Sale Recording Date: Feb 08, 2022
  • Current Sale Transaction ID: 11879633035
  • Current Sale Price: $1,435,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16552
  • Previous Sale Recording Date: Feb 12, 2020
  • Previous Sale Contract Date: Feb 07, 2020
  • Previous Sale Amount: $247,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDIANA UNIVERSITY CREDIT UNIO
  • First Mortgage Transaction Date: Feb 08, 2022
  • First Mortgage Loan Amount: $1,148,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 15, 2037

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Feb 12, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $197,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Near Southside



Similar Buildings

Property at 1253 Southeast Street,

622 Parkway Avenue

  • 1 Unit for Sale
622 Parkway Avenue, Indianapolis, IN 46203
Property at 1253 Southeast Street,

417 East Morris Street

  • 1 Unit for Sale
417 East Morris Street, Indianapolis, IN 46225
Property at 1253 Southeast Street,

514 Cottage Avenue

  • 1 Unit for Sale
514 Cottage Avenue, Indianapolis, IN 46203
Property at 1253 Southeast Street,

737 Parkway Avenue

  • 1 Unit for Sale
737 Parkway Avenue, Indianapolis, IN 46203
Property at 1253 Southeast Street,

743 Terrace Avenue

  • 1 Unit for Sale
743 Terrace Avenue, Indianapolis, IN 46203
Property at 1253 Southeast Street,

1439 South New Jersey Street

  • 1 Unit for Sale
1439 South New Jersey Street, Indianapolis, IN 46225
Property at 1253 Southeast Street,

302 Terrace Avenue

  • 1 Unit for Sale
302 Terrace Avenue, Indianapolis, IN 46225
Property at 1253 Southeast Street,

1439 South Alabama Street

  • 1 Unit for Sale
1439 South Alabama Street, Indianapolis, IN 46225

Nearby Rentals

Unit for rent at 224 Iowa Street, Indianapolis, IN, 46225

$1,525 /mo

  • 3 Beds
  • 1 Bath
  • 2,388 ft²
224 Iowa Street, Indianapolis, IN, 46225 Listing by Evona Watson
Unit for rent at 529 E Legrande Avenue, Indianapolis, IN, 46203

$1,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,847 ft²
529 E Legrande Avenue, Indianapolis, IN, 46203 Listing by Maxwell Richter

Frequently Asked Questions

What neighborhood is 1253 Southeast Street located in?
The 1253 Southeast Street is a located in the neighborhood of Bates - Hendricks in Near Southside, Indianapolis.
What is the average sales price for listings in 1253 Southeast Street?
The average sales price for units in 1253 Southeast Street is $0 currently.

Quantcast