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1402 North Grant Avenue

1402 North Grant Avenue, Indianapolis, IN 46201
Property in Near Eastside
Sold Feb 14, 2022
$163,700
$130,950 by Gvc Mortgage Inc
Mortgage Due Mar 01, 2052
Sold Jun 01, 2017
$75,000
$73,641 by Ruoff Mortgage Co Inc
Mortgage Due Jun 01, 2047
1402 North Grant Avenue 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 1930 and is 94 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. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1402 North Grant Avenue has 816 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 408 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 1,500 ft and across the front of the lot is 340 ft. The area measurement of the land has been determined as 5,097 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 288 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 D by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central 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 Feb 8, 2022 for $163,700. That's $133.74 per sqft. Prior to that sales transaction, the property was also sold in May 26, 2017 for $75,000. 1402 North Grant Avenue was last assessed in 2023. The total value of the property was assessed at $114,400. Specifically, the land the property is located on was valued at $12,400. While improvements on the property were assessed at a total of $102,000. 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 $1,169. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1930
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 408
  • Garage Type: Detached
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,097
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 340
  • Total Building Area: 1,224
  • Gross Building Area: 1,224
  • Building Area: 816
  • Building Area Measurement: Living Area

    Heating and Cooling

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

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GLASS WORKS ADD
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: GLASS WORKS ADD L31

Ownership

  • Current Owner : WATSON MEGAN
  • Previous Owner : LOGAN RUMBAUGH
  • Owner Before Previous Owner: CD & PA HAMMOND FLP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352500

Geography

  • Assessors Map Reference: 2338-D1
  • District: 0001
  • Section: 330
  • Parcel: 49-07-33-178-242.000-101
  • Lot: 31
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7856
  • Longitude: -86.0984

    Address

  • Full Address: 1402 N Grant Ave
  • Address - House Number: 1402
  • Street Direction: N
  • Address - Street Name: Grant
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 1655
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,224
  • Tax Year: 2022
  • Tax Amount: $1,169
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 174,471
  • High Value: 219,542
  • Low Value: 129,399

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,950
  • First Open Lien Mortgage Lender: GVC MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 14, 2022
  • First Open Lien Mortgage Loan Amount: $130,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $114,400
  • Market Land Value: $12,400
  • Market Improvement Value: $102,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,400
  • Assessed Land Value: $12,400
  • Assessed Improvements Value: $102,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 08, 2022
  • Current Sale Recording Date: Feb 14, 2022
  • Current Sale Transaction ID: 11879853273
  • Current Sale Price: $163,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19138
  • Previous Sale Recording Date: Jun 01, 2017
  • Previous Sale Contract Date: May 26, 2017
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GVC MORTGAGE INC
  • First Mortgage Transaction Date: Feb 14, 2022
  • First Mortgage Loan Amount: $130,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: RUOFF MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Jun 01, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $73,641
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Near Eastside



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Frequently Asked Questions

What neighborhood is 1402 North Grant Avenue located in?
The 1402 North Grant Avenue is a located in the neighborhood of Near Eastside in Near Eastside, Indianapolis.
What is the average sales price for listings in 1402 North Grant Avenue?
The average sales price for units in 1402 North Grant Avenue is $0 currently.

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