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1431 South Illinois Street

1431 South Illinois Street, Indianapolis, IN 46225
Sold Apr 11, 2023
$444,568
$334,262 by Bank Of America, N.a.
Mortgage Due May 01, 2053
Sold Feb 15, 2022
$236,500
$189,180 by Lime One Capital Llc
Mortgage Due Apr 01, 2023
1431 South Illinois Street in Indianapolis, IN was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 2019. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1431 South Illinois Street has 2,535 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 729 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 290 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 3,920 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1431 South Illinois Street was last sold in Apr 4, 2023 for $444,568. According to our calculations, that's $136.20 per sqft. Prior to that sales transaction, the property was sold for $236,500 in Jan 21, 2022. Current property owners are expected to pay $1,708 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1431 South Illinois Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $357,000. To break that down further, the land itself was valued at $6,700. While improvements to the property were assessed at a total of $350,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Wood Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 729
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 290
  • Total Building Area: 3,264
  • Gross Building Area: 3,264
  • Building Area: 2,535
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,535
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RECHS SOUTH MERIDIAN ST ADD
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: RECHS S MERIDIAN ST ADD L15

Ownership

  • Current Owner : DAUPHIN NAHYR LOPEZ
  • Previous Owner : BEAL GROUP INC
  • Owner Before Previous Owner: FISHBURN DAVID O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 358000

Geography

  • Assessors Map Reference: 2337-C6
  • District: 0001
  • Section: 140
  • Parcel: 49-11-14-124-028.000-101
  • Lot: 15
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7479
  • Longitude: -86.16

    Address

  • Full Address: 1431 S Illinois St
  • Address - House Number: 1431
  • Street Direction: S
  • Address - Street Name: Illinois
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C014
  • 4-Digit Zip Code: 1517
  • Zip Code: 46225

Valuation

    Tax

  • Total Area: 3,113
  • Tax Year: 2022
  • Tax Amount: $1,708
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.217
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 415,214
  • High Value: 505,336
  • Low Value: 325,092

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $334,262
  • First Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • First Open Lien Mortgage Recording Date: Apr 11, 2023
  • First Open Lien Mortgage Loan Amount: $334,262
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $357,000
  • Market Land Value: $6,700
  • Market Improvement Value: $350,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,000
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $350,300

    Sales

  • Current Sale Contract Date: Apr 04, 2023
  • Current Sale Recording Date: Apr 11, 2023
  • Current Sale Transaction ID: 11905135830
  • Current Sale Price: $444,568
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 27726
  • Previous Sale Recording Date: Feb 15, 2022
  • Previous Sale Contract Date: Jan 21, 2022
  • Previous Sale Amount: $236,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA, N.A.
  • First Mortgage Transaction Date: Apr 11, 2023
  • First Mortgage Loan Amount: $334,262
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: LIME ONE CAPITAL LLC
  • Previous Mortgage Transaction Date: Feb 15, 2022
  • Previous Mortgage Loan Amount: $189,180
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Apr 01, 2023

About Near Southside



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$1,525 /mo

  • 3 Beds
  • 1 Bath
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224 Iowa Street, Indianapolis, IN, 46225 Listing by Evona Watson

Frequently Asked Questions

What neighborhood is 1431 South Illinois Street located in?
The 1431 South Illinois Street is a house located in the neighborhood of Near Southside in Near Southside, Indianapolis.
What is the average sales price for listings in 1431 South Illinois Street?
The average sales price for units in 1431 South Illinois Street is $0 currently.

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