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1444 East Loretta Drive

1444 East Loretta Drive, Indianapolis, IN 46227
House in Homecroft
Sold Sep 08, 2020
$184,000
Local assessors in Indianapolis, IN have categorized 1444 East Loretta Drive as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 13,983 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 700 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1444 East Loretta Drive has a total of 1,189 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 full basement that is 1,189 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 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 brick 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, 1444 East Loretta Drive sold most recently in Aug 31, 2020 for a total of $184,000. If you work out the math, that's approximately a cost of $77.38 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 $3,500 in taxes each year. 1444 East Loretta Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $235,500. If we break it down further, the land itself was valued at $29,800. Improvements to the property, however, were assessed at a total of $205,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,189
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,983
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,378
  • Gross Building Area: 2,378
  • Building Area: 1,189
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,189
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOMECROFT ADD
  • Land Acres: 0.321
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HOMECROFT L27

Ownership

  • Current Owner : JERRELL JEFF
  • Current Owner 2: JERRELL CHERYL
  • Previous Owner : RICH GEORGE F
  • Previous Owner 2: RICH LESLIE ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 381002

Geography

  • Assessors Map Reference: 2555-E3
  • District: 0005
  • Section: 7014004
  • Parcel: 49-15-07-142-006.000-523
  • Lot: 27
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6711
  • Longitude: -86.1321

    Address

  • Full Address: 1444 E Loretta Dr
  • Address - House Number: 1444
  • Street Direction: E
  • Address - Street Name: Loretta
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C047
  • 4-Digit Zip Code: 4813
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 3,567
  • Tax Year: 2022
  • Tax Amount: $3,500
  • Tax Rate Code Area: 523

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 263,214
  • High Value: 323,824
  • Low Value: 202,604

    Market Valuation

  • Market Total Value: $235,500
  • Market Land Value: $29,800
  • Market Improvement Value: $205,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,500
  • Assessed Land Value: $29,800
  • Assessed Improvements Value: $205,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 08, 2020
  • Current Sale Transaction ID: 11791799498
  • Current Sale Price: $184,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000099344

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Frequently Asked Questions

What neighborhood is 1444 East Loretta Drive located in?
The 1444 East Loretta Drive is a house located in the neighborhood of Homecroft in Edgewood, Indianapolis.
What is the average sales price for listings in 1444 East Loretta Drive?
The average sales price for units in 1444 East Loretta Drive is $0 currently.

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