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150 South 5th Avenue

150 South 5th Avenue, Beech Grove, IN 46107
House in Park Meadow
Sold Mar 19, 2019
$77,400
$106,837 by Top Flite Financial, Inc.
Mortgage Due Jan 01, 2050
Sold Aug 16, 2017
$65,000
Local assessors in Beech Grove, IN have categorized 150 South 5th Avenue as a residential type of property. The home was built in 1942 and is 82 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 5,314 square feet. The linear feet between the front and back of the lot was measured at 1,330 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 150 South 5th Avenue has a total of 720 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 360 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 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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 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 - 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. The property was last sold in Mar 15, 2019 for $77,400. That's $71.67 per sqft. Prior to that sales transaction, the property was also sold in Aug 11, 2017 for $65,000. 150 South 5th Avenue was last assessed in 2023. The total value of the property was assessed at $115,500. Specifically, the land the property is located on was valued at $17,000. While improvements on the property were assessed at a total of $98,500. 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 $1,440. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 360
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,314
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEECH GROVE ADD SEC A
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BEECH GROVE ADD SEC A L13 BLK 175

Ownership

  • Current Owner : REID KIM M
  • Previous Owner : ADAMS HENRY J
  • Previous Owner 2: ADAMS EVELYN J
  • Owner Before Previous Owner: SHARK REALTY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Beech Grove City Schools
  • Census Tract: 380403

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2447-E3
  • District: 0005
  • Section: 280
  • Parcel: 49-10-28-113-067.000-502
  • Block: 175
  • Lot: 13
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.7184
  • Longitude: -86.0876

    Address

  • Full Address: 150 S 5th Ave
  • Address - House Number: 150
  • Street Direction: S
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Beech Grove
  • Carrier Code: C006
  • 4-Digit Zip Code: 1927
  • Zip Code: 46107

Valuation

    Tax

  • Total Area: 1,080
  • Tax Year: 2022
  • Tax Amount: $1,440
  • Tax Rate Code Area: 502

    Appraisal Valuation

  • Standard Deviation: 0.2505
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 165,696
  • High Value: 207,217
  • Low Value: 124,174

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $106,837
  • First Open Lien Mortgage Lender: TOP FLITE FINANCIAL, INC.
  • First Open Lien Mortgage Recording Date: Dec 19, 2023
  • First Open Lien Mortgage Loan Amount: $106,837
  • First Open Lien Mortgage Term: 312
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $115,500
  • Market Land Value: $17,000
  • Market Improvement Value: $98,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,500
  • Assessed Land Value: $17,000
  • Assessed Improvements Value: $98,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 2019
  • Current Sale Recording Date: Mar 19, 2019
  • Current Sale Transaction ID: 11594271568
  • Current Sale Price: $77,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900023184
  • Previous Sale Recording Date: Aug 16, 2017
  • Previous Sale Contract Date: Aug 11, 2017
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTIER BANK
  • First Mortgage Transaction Date: Mar 19, 2019
  • First Mortgage Loan Amount: $61,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Beech Grove



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Frequently Asked Questions

What neighborhood is 150 South 5th Avenue located in?
The 150 South 5th Avenue is a house located in the neighborhood of Park Meadow in Beech Grove, Beech Grove.
What is the average sales price for listings in 150 South 5th Avenue?
The average sales price for units in 150 South 5th Avenue is $78,900 , or $73/sqft. currently.

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