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1427 South Alabama Street

1427 South Alabama Street, Indianapolis, IN 46225
Multifamily in Bates - Hendricks
1427 South Alabama 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 1890 and is 134 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1427 South Alabama Street has 2,136 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 448 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 1,850 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 7,405 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 768 sqft. According to our sources, there are a total of 3 available parking spaces. 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 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 Apr 30, 2007 for $81,000. That's $31.35 per sqft. Prior to that sales transaction, the property was also sold in Mar 28, 2006 for $37,600. 1427 South Alabama Street was last assessed in 2023. The total value of the property was assessed at $120,100. Specifically, the land the property is located on was valued at $24,600. While improvements on the property were assessed at a total of $95,500. 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 $3,026. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Vinyl Siding
Wood Exterior

Parking

Garage 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
20191014
10/14/2019
Studio
-
-
$99,950
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 448
  • Garage Type: Detached
  • Garage Square Area: 768
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,584
  • Gross Building Area: 2,584
  • Building Area: 2,136
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,136
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODRUFFS SUB B F MORRIS ADD
  • Land Acres: 0.17
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: WOODRUFF SUB MORRIS ADD L31

Ownership

  • Current Owner : ELLSWORTH CRAIG C
  • Previous Owner : RELA PEOPLE LLC
  • Owner Before Previous Owner: OLIVER CHRISTINE O

Neighborhood

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

Geography

  • Assessors Map Reference: 2337-D6
  • District: 0001
  • Section: 130
  • Parcel: 49-11-13-162-039.000-101
  • Lot: 31
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7473
  • Longitude: -86.1518

    Address

  • Full Address: 1427 S Alabama St
  • Address - House Number: 1427
  • Street Direction: S
  • Address - Street Name: Alabama
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 1801
  • Zip Code: 46225

Valuation

    Tax

  • Total Area: 1,292
  • Tax Year: 2022
  • Tax Amount: $3,026
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 92,953
  • High Value: 135,228
  • Low Value: 50,677

    Market Valuation

  • Market Total Value: $120,100
  • Market Land Value: $24,600
  • Market Improvement Value: $95,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,100
  • Assessed Land Value: $24,600
  • Assessed Improvements Value: $95,500

    Sales

  • Current Sale Contract Date: Apr 30, 2007
  • Current Sale Recording Date: Jun 01, 2007
  • Current Sale Transaction ID: 1045548987
  • Current Sale Price: $81,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2007-0080361
  • Previous Sale Recording Date: Apr 25, 2006
  • Previous Sale Contract Date: Mar 28, 2006
  • Previous Sale Amount: $37,600
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Jun 01, 2007
  • First Mortgage Loan Amount: $64,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2037

About Near Southside



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Frequently Asked Questions

What neighborhood is 1427 South Alabama Street located in?
The 1427 South Alabama Street is a multifamily located in the neighborhood of Bates - Hendricks in Near Southside, Indianapolis.
What is the average sales price for listings in 1427 South Alabama Street?
The average sales price for units in 1427 South Alabama Street is $0 currently.

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