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138 North Kealing Avenue

138 North Kealing Avenue, Indianapolis, IN 46201
Multifamily in Rural-Sherman
Local assessors in Indianapolis, IN have categorized 138 North Kealing Avenue as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 5,445 square feet. The linear feet between the front and back of the lot was measured at 420 ft and the front of the lot was measured at 1,300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 138 North Kealing Avenue has a total of 2,112 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 528 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 400 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 fair. 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 no air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 138 North Kealing Avenue sold most recently in May 12, 2022 for a total of $132,500. If you work out the math, that's approximately a cost of $50.19 per sqft. Before that, the property was also sold for $132,500 in May 11, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,904 in taxes each year. The initial year of tax delinquency occurred in 2021. 138 North Kealing Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $112,600. If we break it down further, the land itself was valued at $6,500. Improvements to the property, however, were assessed at a total of $106,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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

Parking

On-Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211201
12/01/2021
Studio
-
-
$115,000
bedrooms
Studio
bathrooms
-
-
-
-
Debbie Pidgeon
Weichert REALTORS® Cooper Grou

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 528
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,445
  • Lot Size Depth Feet: 420
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 2,640
  • Gross Building Area: 2,640
  • Building Area: 2,112
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,112
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NATIONAL PARK ADD ROBISON & VOOR
  • Land Acres: 0.125
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: NATIONAL PARK L1

Ownership

  • Current Owner : YARD OF BRICKS LLC
  • Previous Owner : DC CAPITAL MULTI II LLC
  • Owner Before Previous Owner: DC CAPITAL MULTI II LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355100

Geography

  • District: 0001
  • Section: 5015004
  • Parcel: 49-10-05-130-039.000-101
  • Lot: 1
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7719
  • Longitude: -86.1041

    Address

  • Full Address: 138 N Kealing Ave
  • Address - House Number: 138
  • Street Direction: N
  • Address - Street Name: Kealing
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 3572
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,640
  • Tax Year: 2022
  • Tax Amount: $2,904
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2415
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 200,399
  • High Value: 248,805
  • Low Value: 151,992

    Market Valuation

  • Market Total Value: $112,600
  • Market Land Value: $6,500
  • Market Improvement Value: $106,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,600
  • Assessed Land Value: $6,500
  • Assessed Improvements Value: $106,100

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Transaction ID: 11888332474
  • Current Sale Price: $132,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 58692
  • Previous Sale Recording Date: May 19, 2022
  • Previous Sale Contract Date: May 11, 2022
  • Previous Sale Amount: $132,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOAN FUNDER LLC SERIES 36430
  • First Mortgage Transaction Date: May 20, 2022
  • First Mortgage Loan Amount: $154,202
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: May 12, 2023

    Previous Mortgages

  • Previous Mortgage Lender: LOAN FUNDER LLC
  • Previous Mortgage Transaction Date: May 19, 2022
  • Previous Mortgage Loan Amount: $149,979
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: May 11, 2023

About Near Eastside



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Nearby Rentals

Unit for rent at

$1,750 /mo

  • 2 Beds
  • 2 Baths
  • 916 ft²
Listing by Manager
Unit for rent at

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 2,200 ft²
Listing by Manager
Unit for rent at

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 2,200 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 138 North Kealing Avenue located in?
The 138 North Kealing Avenue is a multifamily located in the neighborhood of Rural-Sherman in Near Eastside, Indianapolis.
What is the average sales price for listings in 138 North Kealing Avenue?
The average sales price for units in 138 North Kealing Avenue is $0 currently.

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