1309 North Tuxedo Street

1309 North Tuxedo Street has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1916 and is 108 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. The building has a total of 2 stories. In addition, 1309 North Tuxedo Street has 994 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 378 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,520 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 6,098 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Nov 8, 2023 for $219,450. That's $159.95 per sqft. Prior to that sales transaction, the property was also sold in Jan 4, 2023 for $178,885. 1309 North Tuxedo Street was last assessed in 2023. The total value of the property was assessed at $134,100. Specifically, the land the property is located on was valued at $6,500. While improvements on the property were assessed at a total of $127,600. 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 $1,892. The initial tax year of delinquency was in 2022. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.