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1506 North Grant Avenue

1506 North Grant Avenue, Indianapolis, IN 46201
Sold Aug 16, 2019
$53,000
Sold Aug 08, 2019
$43,500
1506 North Grant Avenue in Indianapolis, IN was first built in 1939 and is 85 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. 1506 North Grant Avenue has 780 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 390 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 360 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 5,401 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 detached garage. The garage is 576 sqft. There are a total of 2 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Aug 2, 2019 for $53,000. That's $45.30 per sqft. Prior to that sales transaction, the property was also sold in Jul 29, 2019 for $43,500. 1506 North Grant Avenue was last assessed in 2023. The total value of the property was assessed at $74,000. Specifically, the land the property is located on was valued at $13,100. While improvements on the property were assessed at a total of $60,900. 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 $1,797. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1939
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 390
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 360
  • Total Building Area: 1,170
  • Gross Building Area: 1,170
  • Building Area: 780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GLASS WORKS ADD
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: GLASS WORKS ADD L12

Ownership

  • Current Owner : OLIVER CANDIS LEE
  • Previous Owner : LEGACY HOME BUYERS LLC
  • Owner Before Previous Owner: GARG HIMANSHU

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352500

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-D1
  • District: 0001
  • Section: 330
  • Parcel: 49-07-33-178-078.000-101
  • Lot: 12
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7876
  • Longitude: -86.0985

    Address

  • Full Address: 1506 N Grant Ave
  • Address - House Number: 1506
  • Street Direction: N
  • Address - Street Name: Grant
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 1657
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,170
  • Tax Year: 2022
  • Tax Amount: $1,797
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 121,551
  • High Value: 152,952
  • Low Value: 90,150

    Market Valuation

  • Market Total Value: $74,000
  • Market Land Value: $13,100
  • Market Improvement Value: $60,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,000
  • Assessed Land Value: $13,100
  • Assessed Improvements Value: $60,900

    Sales

  • Current Sale Contract Date: Aug 02, 2019
  • Current Sale Recording Date: Aug 16, 2019
  • Current Sale Transaction ID: 11636309351
  • Current Sale Price: $53,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900078605
  • Previous Sale Recording Date: Aug 08, 2019
  • Previous Sale Contract Date: Jul 29, 2019
  • Previous Sale Amount: $43,500
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 1506 North Grant Avenue located in?
The 1506 North Grant Avenue is a house located in the neighborhood of Near Eastside in Near Eastside, Indianapolis.
What is the average sales price for listings in 1506 North Grant Avenue?
The average sales price for units in 1506 North Grant Avenue is $0 currently.

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