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1510 Hoyt Avenue

1510 Hoyt Avenue, Indianapolis, IN 46203
Sold Jun 20, 2017
Transfer
$431,500 by Elements Financial Fcu
Mortgage Due Apr 01, 2036
Local assessors in Indianapolis, IN have categorized 1510 Hoyt Avenue as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 4,356 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 350 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1510 Hoyt Avenue has a total of 2,874 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - B. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $7,611 in taxes per year. The property on 1510 Hoyt Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $506,200. To break that down further, the land itself was valued at $44,600. While improvements to the property were assessed at a total of $461,600. 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. 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!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

Composition Board Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,874
  • Gross Building Area: 2,874
  • Building Area: 2,874
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,874
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SPANN & COS 2ND WOODLAWN ADD
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SPANN & COS 2ND WOODLAWN ADD L362

Ownership

  • Current Owner : NEW LEGACY HOMES LLC
  • Previous Owner : BONES 2 HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • District: 0001
  • Section: 7015004
  • Parcel: 49-10-07-112-337.002-101
  • Lot: 362
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7572
  • Longitude: -86.1333

    Address

  • Full Address: 1510 Hoyt Ave
  • Address - House Number: 1510
  • 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: 2,874
  • Tax Year: 2022
  • Tax Amount: $7,611
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.217
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 575,234
  • High Value: 700,088
  • Low Value: 450,380

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $613,500
  • First Open Lien Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Open Lien Mortgage Recording Date: Mar 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $431,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036
  • Second Open Lien Mortgage Lender: ELEMENTS FINANCIAL FEDERAL CRE
  • Second Open Lien Mortgage Recording Date: Oct 07, 2022
  • Second Open Lien Mortgage Loan Amount: $182,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 15, 2047

    Market Valuation

  • Market Total Value: $506,200
  • Market Land Value: $44,600
  • Market Improvement Value: $461,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $506,200
  • Assessed Land Value: $44,600
  • Assessed Improvements Value: $461,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2017
  • Current Sale Recording Date: Jun 20, 2017
  • Current Sale Transaction ID: 11356264023
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201700070160

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Frequently Asked Questions

What neighborhood is 1510 Hoyt Avenue located in?
The 1510 Hoyt Avenue is a house located in the neighborhood of Fountain Square in Fountain Square, Indianapolis.
What is the average sales price for listings in 1510 Hoyt Avenue?
The average sales price for units in 1510 Hoyt Avenue is $0 currently.

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