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1521 Ringgold Avenue

1521 Ringgold Avenue, Indianapolis, IN 46203
Sold Dec 15, 2021
$293,600
$289,656 by Fairway Independent Mtg Corp
Mortgage
Sold Sep 16, 2020
$70,000
Local assessors in Indianapolis, IN have categorized 1521 Ringgold Avenue as a residential type of property. The home was built in 1910 and is 114 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 5,924 square feet. The linear feet between the front and back of the lot was measured at 1,480 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1521 Ringgold Avenue has a total of 1,536 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 160 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 1,024 sqft. There are 3 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1521 Ringgold Avenue sold most recently in Dec 10, 2021 for a total of $293,600. If you work out the math, that's approximately a cost of $173.11 per sqft. Before that, the property was also sold for $70,000 in Aug 27, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,454 in taxes each year. The initial year of tax delinquency occurred in 2019. 1521 Ringgold Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $287,300. If we break it down further, the land itself was valued at $34,000. Improvements to the property, however, were assessed at a total of $253,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 160
  • Garage Type: Detached
  • Garage Square Area: 1,024
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,924
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,696
  • Gross Building Area: 1,696
  • Building Area: 1,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BARTH HEIRS ADD
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BARTH HRS ADD L24 BLK5

Ownership

  • Current Owner : GELDHOF KATELYN
  • Previous Owner : S & L PROPERTIES
  • Owner Before Previous Owner: CARTER MANAGEMENT HOLDINGS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357000

Geography

  • Assessors Map Reference: 2337-E6
  • District: 0001
  • Section: 130
  • Parcel: 49-11-13-189-015.000-101
  • Block: 5
  • Lot: 24
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7474
  • Longitude: -86.1421

    Address

  • Full Address: 1521 Ringgold Ave
  • Address - House Number: 1521
  • Address - Street Name: Ringgold
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C018
  • 4-Digit Zip Code: 2724
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,696
  • Tax Year: 2022
  • Tax Amount: $3,454
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2288
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 345,391
  • High Value: 424,420
  • Low Value: 266,362

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $289,656
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $289,656
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $287,300
  • Market Land Value: $34,000
  • Market Improvement Value: $253,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,300
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $253,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11875818957
  • Current Sale Price: $293,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100167657
  • Previous Sale Recording Date: Sep 16, 2020
  • Previous Sale Contract Date: Aug 27, 2020
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $289,656
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

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Nearby Rentals

Unit for rent at

$3,900 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,543 ft²
Listing by Mindy Nicolet

Frequently Asked Questions

What neighborhood is 1521 Ringgold Avenue located in?
The 1521 Ringgold Avenue is a house located in the neighborhood of Bates - Hendricks in Near Southside, Indianapolis.
What is the average sales price for listings in 1521 Ringgold Avenue?
The average sales price for units in 1521 Ringgold Avenue is $0 currently.

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