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1515 Spann Avenue

1515 Spann Avenue, Indianapolis, IN 46203
Sold May 11, 2021
$205,000
$164,000 by Caliber Home Loans Inc
Mortgage
Sold Apr 06, 2015
$63,500
$62,693 by Caliber Home Loans Inc
Mortgage
1515 Spann Avenue has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1996. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1515 Spann Avenue has 972 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 4,356 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 600 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Apr 7, 2021 for $205,000. That's $210.91 per sqft. Prior to that sales transaction, the property was also sold in Mar 30, 2015 for $63,500. 1515 Spann Avenue was last assessed in 2023. The total value of the property was assessed at $201,300. Specifically, the land the property is located on was valued at $44,600. While improvements on the property were assessed at a total of $156,700. 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 $2,365. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1920
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 486
  • Garage Type: Detached
  • Garage Square Area: 600
  • 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: 972
  • Gross Building Area: 972
  • Building Area: 972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 972
  • 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 EX 5FT E SIDE L487

Ownership

  • Current Owner : BERTSCH CHRISTIANA
  • Previous Owner : HUBBARD SELENA M
  • Previous Owner 2: SPEAR MATTHEW J
  • Owner Before Previous Owner: LINDSAY PROPERTY GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 0001
  • Section: 7015004
  • Parcel: 49-10-07-112-268.000-101
  • Lot: 487
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7586
  • Longitude: -86.1333

    Address

  • Full Address: 1515 Spann Ave
  • Address - House Number: 1515
  • Address - Street Name: Spann
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C017
  • 4-Digit Zip Code: 1248
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,458
  • Tax Year: 2022
  • Tax Amount: $2,365
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 280,875
  • High Value: 345,133
  • Low Value: 216,617

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Loan Amount: $164,000
  • 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: $201,300
  • Market Land Value: $44,600
  • Market Improvement Value: $156,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,300
  • Assessed Land Value: $44,600
  • Assessed Improvements Value: $156,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 07, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Transaction ID: 11836073734
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100061453
  • Previous Sale Recording Date: Apr 06, 2015
  • Previous Sale Contract Date: Mar 30, 2015
  • Previous Sale Amount: $63,500
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: May 11, 2021
  • First Mortgage Loan Amount: $164,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Apr 06, 2015
  • Previous Mortgage Loan Amount: $62,693
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Fountain Square



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Frequently Asked Questions

What neighborhood is 1515 Spann Avenue located in?
The 1515 Spann Avenue is a house located in the neighborhood of Fountain Square in Fountain Square, Indianapolis.
What is the average sales price for listings in 1515 Spann Avenue?
The average sales price for units in 1515 Spann Avenue is $0 currently.

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