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1334 Wellington Avenue

1334 Wellington Avenue, Indianapolis, IN 46219
Sold Jul 31, 2020
$154,000
$151,210 by American Neighborhood Mortgage
Mortgage
Sold Sep 17, 2018
Transfer
Local assessors in Indianapolis, IN have categorized 1334 Wellington Avenue as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 17,206 square feet. The linear feet between the front and back of the lot was measured at 1,580 ft and the front of the lot was measured at 1,090 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 1334 Wellington Avenue has a total of 1,816 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 520 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1334 Wellington Avenue sold most recently in May 12, 2020 for a total of $154,000. If you work out the math, that's approximately a cost of $65.92 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,945 in taxes each year. 1334 Wellington Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $185,800. If we break it down further, the land itself was valued at $25,000. Improvements to the property, however, were assessed at a total of $160,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,206
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 2,336
  • Gross Building Area: 2,336
  • Building Area: 1,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JUSTUS EASTGATE 5TH SEC
  • Land Acres: 0.395
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: JUSTUS EASTGATE 5TH SEC L46

Ownership

  • Current Owner : VERTUCCI JOSEPH
  • Previous Owner : AZUR SKY INVESTING LLC
  • Owner Before Previous Owner: HANSEN 2015 TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warren Township Metropolitan School District
  • Census Tract: 360602

Geography

  • Assessors Map Reference: 2340-B1
  • District: 0007
  • Section: 360
  • Parcel: 49-07-36-126-002.000-700
  • Lot: 46
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7858
  • Longitude: -86.0316

    Address

  • Full Address: 1334 Wellington Ave
  • Address - House Number: 1334
  • Address - Street Name: Wellington
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C033
  • 4-Digit Zip Code: 3841
  • Zip Code: 46219

Valuation

    Tax

  • Total Area: 1,816
  • Tax Year: 2022
  • Tax Amount: $1,945
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.2387
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 244,075
  • High Value: 302,351
  • Low Value: 185,800

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $161,352
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 31, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $151,210
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Jun 10, 2022
  • Second Open Lien Mortgage Loan Amount: $10,142
  • Second Open Lien Mortgage Term: 335
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $185,800
  • Market Land Value: $25,000
  • Market Improvement Value: $160,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,800
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $160,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Transaction ID: 11783909867
  • Current Sale Price: $154,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000081390
  • Previous Sale Recording Date: Sep 17, 2018
  • Previous Sale Contract Date: Sep 01, 2018
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MORTGAGE
  • First Mortgage Transaction Date: Jul 31, 2020
  • First Mortgage Loan Amount: $151,210
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1334 Wellington Avenue located in?
The 1334 Wellington Avenue is a house located in the neighborhood of Far Eastside in Far Eastside, Indianapolis.
What is the average sales price for listings in 1334 Wellington Avenue?
The average sales price for units in 1334 Wellington Avenue is $0 currently.

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