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1506 Hoyt Avenue

1506 Hoyt Avenue, Indianapolis, IN 46203
Property in Fountain Square
Sold Aug 28, 2017
$410,000
$328,000 by Jp Morgan Chase Bank
Mortgage
Sold Aug 15, 2017
$410,000
1506 Hoyt Avenue in Indianapolis, IN was first built in 1885 and is 139 years old. Although, the building on the property was most recently renovated and altered in 2014. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. There are 5 partial bathrooms. 1506 Hoyt Avenue has 3,742 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 928 sqft and has been categorized as a building with no basement. The linear feet across the front of the lot is 1,400 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 13,155 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. For those who need parking, there is a attached garage. The garage is 806 sqft. There are a total of 3 available parking spaces. 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 stone control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. 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. The property was last sold in Aug 10, 2017 for $410,000. That's $90.15 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $410,000. 1506 Hoyt Avenue was last assessed in 2023. The total value of the property was assessed at $606,600. Specifically, the land the property is located on was valued at $107,100. While improvements on the property were assessed at a total of $499,500. 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 $7,336. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Stone
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 928
  • Garage Type: Attached
  • Garage Square Area: 806
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 13,155
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 4,548
  • Gross Building Area: 4,548
  • Building Area: 3,742
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,742
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SPANN & COS 2ND WOODLAWN ADD
  • Land Acres: 0.302
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SPANN & COS 2ND WOODLAWN ADD L359 L360 & L361

Ownership

  • Current Owner : PAWLICKI DAKOTA M
  • Current Owner 2: PAWLICKI COLLEEN R
  • Previous Owner : BONES 2 HOMES LLC
  • Owner Before Previous Owner: JAKEEM GREGORY MEMBER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355900

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-A5
  • District: 0001
  • Section: 7015004
  • Parcel: 49-10-07-112-174.000-101
  • Lot: 359
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7573
  • Longitude: -86.1336

    Address

  • Full Address: 1506 Hoyt Ave
  • Address - House Number: 1506
  • Address - Street Name: Hoyt
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C017
  • 4-Digit Zip Code: 1203
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 2,784
  • Tax Year: 2022
  • Tax Amount: $7,336
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2307
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 735,515
  • High Value: 905,205
  • Low Value: 565,825

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,000
  • First Open Lien Mortgage Lender: JP MORGAN CHASE BANK
  • First Open Lien Mortgage Recording Date: Aug 28, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $328,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $606,600
  • Market Land Value: $107,100
  • Market Improvement Value: $499,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $606,600
  • Assessed Land Value: $107,100
  • Assessed Improvements Value: $499,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 10, 2017
  • Current Sale Recording Date: Aug 28, 2017
  • Current Sale Transaction ID: 11404144764
  • Current Sale Price: $410,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201700096765
  • Previous Sale Recording Date: Aug 15, 2017
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JP MORGAN CHASE BANK
  • First Mortgage Transaction Date: Aug 28, 2017
  • First Mortgage Loan Amount: $328,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1506 Hoyt Avenue located in?
The 1506 Hoyt Avenue is a located in the neighborhood of Fountain Square in Fountain Square, Indianapolis.
What is the average sales price for listings in 1506 Hoyt Avenue?
The average sales price for units in 1506 Hoyt Avenue is $0 currently.

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