See Home Value
$9,946*
Land - Off Market

1258 Martin Street

Indianapolis, IN 46227
bedrooms
Studio
bathrooms
0 Bath
$0 - $10000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model
Sold May 23, 2022
$11,644,700
$1,500,000 by Radiant Communities Developmen
Mortgage Due Dec 31, 2065
Sold Apr 06, 2021
Transfer

About This Property

Fantastic vacant lot with tons of investment opportunities such as a single-family home, schedule a walk through today!
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$124
HOA Dues
-
Year Built
1946

Price History

Date / Event Date Event Price
Dec 20, 2019 No longer available -
No longer available
Sep 1, 2019 Price Decreased $6,800
↓ $100 (1.5%)
Price Decreased
Jul 26, 2019 Price Decreased $6,900
↓ $100 (1.4%)
Price Decreased
Jun 8, 2019 Relisted $7,000
Relisted
Jun 7, 2019 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Fair
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,703
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 300
  • Total Building Area: 598
  • Building Area: 598
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 598
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MC CLAINS GOLDEN ADD
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MC CLAINS GOLDEN ADD L242

Ownership

  • Current Owner : GARFIELD PARKSIDE TOWNHOMES LP
  • Previous Owner : T & H INVESTMENT PROPERTIES LLC
  • Owner Before Previous Owner: 1258 TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 380302

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2446-E3
  • District: 0005
  • Section: 300
  • Parcel: 49-10-30-122-001.196-501
  • Lot: 242
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.72
  • Longitude: -86.1349

    Address

  • Full Address: 1258 Martin St
  • Address - House Number: 1258
  • Address - Street Name: Martin
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C015
  • 4-Digit Zip Code: 3138
  • Zip Code: 46227

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $208
  • Tax Rate Code Area: 501

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 75
  • Final Value: 117,992
  • High Value: 139,754
  • Low Value: 96,231

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: RADIANT COMMUNITIES DEVELOPMEN
  • First Open Lien Mortgage Recording Date: Sep 11, 2023
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 506
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 31, 2065

    Market Valuation

  • Market Total Value: $70,100
  • Market Land Value: $7,600
  • Market Improvement Value: $62,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,100
  • Assessed Land Value: $7,600
  • Assessed Improvements Value: $62,500

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 23, 2022
  • Current Sale Transaction ID: 11888515784
  • Current Sale Price: $11,644,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 58984
  • Previous Sale Recording Date: Apr 06, 2021
  • Previous Sale Contract Date: Mar 26, 2021
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: May 23, 2022
  • First Mortgage Loan Amount: $9,315,794
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 04, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About University Heights


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Frequently Asked Questions

When was property at 1258 Martin Street built and last sold?
The property at 1258 Martin Street was built in 1946 and last sold on May 16, 2022 for $11,644,700.
How much is this home worth?
The estimated value of the home located at 1258 Martin Street is $6,868.
What are some comparable homes to 1258 Martin Street?
There are currently no comparable homes to 1258 Martin Street.

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