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1254 East Thompson Road

1254 East Thompson Road, Indianapolis, IN 46227
House in Edgewood
Sold Nov 14, 2022
$185,600
$183,150 by Advisors Mortgage Group Llc
Mortgage Due Nov 01, 2052
Sold Feb 26, 2020
$156,000
$124,800 by Citizens Bank
Mortgage
Local assessors in Indianapolis, IN have categorized 1254 East Thompson Road as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 2007. The property's lot size has been calculated to be 32,017 square feet. The linear feet between the front and back of the lot was measured at 4,000 ft and the front of the lot was measured at 800 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, 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 are also 2 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 1254 East Thompson Road has a total of 1,856 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 720 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 detached garage for those who need a place to park their vehicle. The garage on the property is 384 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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 - D. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 7, 2022 for $185,600. That's $72.05 per sqft. Prior to that sales transaction, the property was also sold in Jan 24, 2020 for $156,000. 1254 East Thompson Road was last assessed in 2023. The total value of the property was assessed at $232,600. Specifically, the land the property is located on was valued at $19,900. While improvements on the property were assessed at a total of $212,700. 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 $2,898. 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 720
  • Garage Type: Detached
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 32,017
  • Lot Size Depth Feet: 4,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,576
  • Gross Building Area: 2,576
  • Building Area: 1,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,856
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LONGACRE ADD
  • Land Acres: 0.735
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LONGACRE L43

Ownership

  • Current Owner : CORNELIUS SHANIKA T
  • Previous Owner : WALKER KAITLYNN L
  • Owner Before Previous Owner: WALKER WILLIAM B
  • Owner Before Previous Owner 2: WALKER MICHELLE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380501

Geography

  • Assessors Map Reference: 2446-E6
  • District: 0005
  • Section: 310
  • Parcel: 49-10-31-113-037.000-500
  • Lot: 43
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6938
  • Longitude: -86.1349

    Address

  • Full Address: 1254 E Thompson Rd
  • Address - House Number: 1254
  • Street Direction: E
  • Address - Street Name: Thompson
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C042
  • 4-Digit Zip Code: 4267
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 2,576
  • Tax Year: 2022
  • Tax Amount: $2,898
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2201
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 263,592
  • High Value: 321,631
  • Low Value: 205,552

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,150
  • First Open Lien Mortgage Lender: ADVISORS MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: Nov 14, 2022
  • First Open Lien Mortgage Loan Amount: $183,150
  • 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: Nov 01, 2052

    Market Valuation

  • Market Total Value: $232,600
  • Market Land Value: $19,900
  • Market Improvement Value: $212,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,600
  • Assessed Land Value: $19,900
  • Assessed Improvements Value: $212,700

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 14, 2022
  • Current Sale Transaction ID: 11898871528
  • Current Sale Price: $185,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 122151
  • Previous Sale Recording Date: Feb 26, 2020
  • Previous Sale Contract Date: Jan 24, 2020
  • Previous Sale Amount: $156,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: ADVISORS MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Nov 14, 2022
  • First Mortgage Loan Amount: $183,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS BANK
  • Previous Mortgage Transaction Date: Feb 26, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $124,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Edgewood



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 1254 East Thompson Road located in?
The 1254 East Thompson Road is a house located in the neighborhood of Edgewood in Edgewood, Indianapolis.
What is the average sales price for listings in 1254 East Thompson Road?
The average sales price for units in 1254 East Thompson Road is $0 currently.

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