See Home Value
$140,000 - $170,000
House - Off Market

1321 Union Street

Indianapolis, IN 46225
bedrooms
4 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
2312 Sqft
Sold Mar 01, 2024
$231,752
$174,250 by Quanta Finance Inc
Mortgage Due Mar 01, 2025
Sold Oct 24, 2023
$152,950
$115,000 by Carpenter Austin
Mortgage Due Oct 13, 2024

About This Property

You must see this incredible diamond in the rough opportunity in historic Old Southside! This stately home has tons of potential for up to 5 bedrooms, a primary en-suite on the main or anything else you can dream up! This home boasts tall ceilings throughout, spacious rooms, covered front and back porches and more! Huge ARV potential in the area with a great location. This premium location sits just minutes from downtown Indy and all it has to offer. Within close proximity to Lucas Oil Stadium! Available as a package with 1317 Union St. Come see it today!

The manager has listed the unit size as 2312 square feet.
Unit Size
2,312Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$67
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923

Price History

Date / Event Date Event Price
Mar 1, 2024 No longer available -
No longer available
Jan 13, 2024 In contract -
In contract
Jan 5, 2024 Relisted $155,000
Relisted
Jan 4, 2024 Price Decreased $155,000
↓ $5K (3.1%)
Price Decreased
Dec 2, 2023 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,072
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,966
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 330
  • Total Building Area: 3,216
  • Gross Building Area: 3,216
  • Building Area: 2,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,144
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MC CARTYS SOUTH ADD
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MC CARTYS SOUTH ADD L80

Ownership

  • Current Owner : SAN DIEGO HOUSE BUYERS LLC
  • Previous Owner : R & N REI LLC
  • Owner Before Previous Owner: CROWDER JAMES O
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 356900

Geography

  • Assessors Map Reference: 2337-C6
  • District: 0001
  • Section: 130
  • Parcel: 49-11-13-146-095.000-101
  • Lot: 80
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7498
  • Longitude: -86.1573

    Address

  • Full Address: 1321 Union St
  • Address - House Number: 1321
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C010
  • 4-Digit Zip Code: 1665
  • Zip Code: 46225

Valuation

    Tax

  • Total Area: 3,216
  • Tax Year: 2022
  • Tax Amount: $69
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 166,969
  • High Value: 194,434
  • Low Value: 139,504

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,250
  • First Open Lien Mortgage Lender: QUANTA FINANCE INC
  • First Open Lien Mortgage Recording Date: Mar 01, 2024
  • First Open Lien Mortgage Loan Amount: $174,250
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2025

    Market Valuation

  • Market Total Value: $135,200
  • Market Land Value: $7,700
  • Market Improvement Value: $127,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,200
  • Assessed Land Value: $7,700
  • Assessed Improvements Value: $127,500

    Sales

  • Current Sale Contract Date: Feb 23, 2024
  • Current Sale Recording Date: Mar 01, 2024
  • Current Sale Transaction ID: 11921878427
  • Current Sale Price: $231,752
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 15617
  • Previous Sale Recording Date: Oct 24, 2023
  • Previous Sale Contract Date: Oct 17, 2023
  • Previous Sale Amount: $152,950
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUANTA FINANCE INC
  • First Mortgage Transaction Date: Mar 01, 2024
  • First Mortgage Loan Amount: $174,250
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Mar 01, 2025

    Previous Mortgages

  • Previous Mortgage Lender: CARPENTER AUSTIN
  • Previous Mortgage Transaction Date: Oct 24, 2023
  • Previous Mortgage Loan Amount: $115,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 13, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
2,209 ft²
$63/ft²
$139,900 Dec 22, 2023
-
-
House
3 Beds
1.5 Baths
1,856 ft²
$86/ft²
$160,000 Dec 19, 2023
-
-

About Near Southside


Similar Homes for Sale


Nearby Rentals

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

When was property at 1321 Union Street built and last sold?
The property at 1321 Union Street was built in 1923 and last sold on Feb 23, 2024 for $231,752.
How much is this home worth?
The estimated value of the home located at 1321 Union Street is $169,451.
What are some comparable homes to 1321 Union Street?
There are currently no comparable homes to 1321 Union Street.

Quantcast