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1513 South New Jersey Street

1513 South New Jersey Street, Indianapolis, IN 46225
Sold Jun 06, 2022
$366,600
$293,250 by Caliber Home Loans Inc
Mortgage Due Jun 01, 2052
Sold Aug 25, 2014
$201,900
$161,500 by Eli Lilly Fcu
Mortgage Due Sep 01, 2044
1513 South New Jersey Street in Indianapolis, IN was first built in 1895 and is 129 years old. Although, the building on the property was most recently renovated and altered in 2012. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a row home style. It is a single story home. This is a single bedroom home. There are 3 partial bathrooms. 1513 South New Jersey Street has 1,419 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 353 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 5,489 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 616 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 concrete block 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 central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1513 South New Jersey Street was last sold in Jan 1, 1970 for $366,600. According to our calculations, that's $206.88 per sqft. Prior to that sales transaction, the property was sold for $201,900 in Aug 1, 2014. Current property owners are expected to pay $3,387 in taxes per year. The property on 1513 South New Jersey Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $286,300. To break that down further, the land itself was valued at $24,300. While improvements to the property were assessed at a total of $262,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 1
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Concrete block
  • Building Style: Row home
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 353
  • Garage Type: Detached
  • Garage Square Area: 616
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,489
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,772
  • Gross Building Area: 1,772
  • Building Area: 1,419
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,419
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODRUFFS SUB B F MORRIS ADD
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WOODRUFFS SUB MORRIS ADD L75

Ownership

  • Current Owner : LUEBCKE MICHAEL R
  • Previous Owner : LOUCKES PETERS ANDREA
  • Owner Before Previous Owner: MCGHEE BEN
  • Owner Before Previous Owner 2: SCHMIDT LAUREN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 356900

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2337-D6
  • District: 0001
  • Section: 130
  • Parcel: 49-11-13-162-085.000-101
  • Lot: 75
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7467
  • Longitude: -86.1502

    Address

  • Full Address: 1513 S New Jersey St
  • Address - House Number: 1513
  • Street Direction: S
  • Address - Street Name: New Jersey
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 1831
  • Zip Code: 46225

Valuation

    Tax

  • Total Area: 887
  • Tax Year: 2022
  • Tax Amount: $3,387
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 332,654
  • High Value: 411,861
  • Low Value: 253,448

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $293,250
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 06, 2022
  • First Open Lien Mortgage Loan Amount: $293,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $286,300
  • Market Land Value: $24,300
  • Market Improvement Value: $262,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,300
  • Assessed Land Value: $24,300
  • Assessed Improvements Value: $262,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Jun 06, 2022
  • Current Sale Transaction ID: 11889896116
  • Current Sale Price: $366,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 63771
  • Previous Sale Recording Date: Aug 25, 2014
  • Previous Sale Contract Date: Aug 01, 2014
  • Previous Sale Amount: $201,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jun 06, 2022
  • First Mortgage Loan Amount: $293,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ELI LILLY FCU
  • Previous Mortgage Transaction Date: Aug 25, 2014
  • Previous Mortgage Loan Amount: $161,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2044

About Near Southside



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Nearby Rentals

Unit for rent at 1 Virginia Avenue, Indianapolis, IN, 46204

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,661 ft²
1 Virginia Avenue #703, Indianapolis, IN, 46204 Listing by Scott Lindsay

Frequently Asked Questions

What neighborhood is 1513 South New Jersey Street located in?
The 1513 South New Jersey Street is a located in the neighborhood of Bates - Hendricks in Near Southside, Indianapolis.
What is the average sales price for listings in 1513 South New Jersey Street?
The average sales price for units in 1513 South New Jersey Street is $0 currently.

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