Check Availability

1533 Draper Street

1533 Draper Street, Indianapolis, IN 46203
Multifamily in Fountain Square
Sold Jul 20, 2022
$2,323,400
$1,858,732 by Finance Of America Mortgage Ll
Mortgage Due Apr 08, 2033
Sold Jan 07, 2021
Transfer
1533 Draper Street 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 1910 and is 114 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. The building has a total of 2 stories. In addition, 1533 Draper Street has 915 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 420 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 860 ft and across the front of the lot is 320 ft. The area measurement of the land has been determined as 2,744 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 D by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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 Jul 13, 2022 for $2,323,400. That's $1,740.37 per sqft. 1533 Draper Street was last assessed in 2023. The total value of the property was assessed at $88,600. Specifically, the land the property is located on was valued at $4,400. While improvements on the property were assessed at a total of $84,200. 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 $1,927. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Features

Exterior

Vinyl Siding

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,744
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 320
  • Total Building Area: 1,335
  • Gross Building Area: 1,335
  • Building Area: 915
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 915
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DYNES & CASSIDYS RESUB DYNES & C
  • Land Acres: 0.063
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: DYNES & CASSIDAYS RESUB 32.7FT X 86FT MID PT L1L2 L3 BEG 67.7FT S & 4FT W OF NE COR L3 B14 ALSO2FT L16 PATTERSONS SUB W & ADJ L1

Ownership

  • Current Owner : CPF LLC
  • Previous Owner : RCA PROPERTIES LLC
  • Owner Before Previous Owner: BAZILE MARCUS E
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357100

Geography

  • Assessors Map Reference: 2338-A6
  • District: 0001
  • Section: 180
  • Parcel: 49-10-18-224-019.000-101
  • Lot: 3
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7466
  • Longitude: -86.1325

    Address

  • Full Address: 1533 Draper St
  • Address - House Number: 1533
  • Address - Street Name: Draper
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 2857
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,335
  • Tax Year: 2022
  • Tax Amount: $1,927
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 177,756
  • High Value: 217,705
  • Low Value: 137,807

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,858,732
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Jul 20, 2022
  • First Open Lien Mortgage Loan Amount: $1,858,732
  • First Open Lien Mortgage Term: 128
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 08, 2033

    Market Valuation

  • Market Total Value: $88,600
  • Market Land Value: $4,400
  • Market Improvement Value: $84,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,600
  • Assessed Land Value: $4,400
  • Assessed Improvements Value: $84,200

    Sales

  • Current Sale Contract Date: Jul 13, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Transaction ID: 11892796126
  • Current Sale Price: $2,323,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 81248
  • Previous Sale Recording Date: Jan 07, 2021
  • Previous Sale Contract Date: Dec 09, 2020
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Jul 20, 2022
  • First Mortgage Loan Amount: $1,858,732
  • First Mortgage Terms: 128
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 08, 2033

About Fountain Square



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 404 East New York Street, Indianapolis, IN, 46202

$1,900 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,232 ft²
404 East New York Street #204, Indianapolis, IN, 46202 Listing by Joel Abney
Unit for rent at 501 Virginia Avenue, Indianapolis, IN, 46203

$1,790 /mo

  • Studio
  • 1 Bath
  • 596 ft²
501 Virginia Avenue #501 Virginia Avenue 312, Indianapolis, IN, 46203 Listing by Manager
Unit for rent at 1209 Olive St, Indianapolis, IN, 46203

$1,900 /mo

  • 2 Beds
  • 2 Baths
1209 Olive St, Indianapolis, IN, 46203 Listing by Manager
Unit for rent at 1140 Shelby Street, Indianapolis, IN, 46203

$1,890 /mo

  • 2 Beds
  • 2 Baths
  • 1,069 ft²
1140 Shelby Street #1140 Shelby Street - Unit 512, Indianapolis, IN, 46203 Listing by Forte
Unit for rent at 918 Fort Wayne Avenue, Indianapolis, IN, 46202

$1,887 /mo

  • 2 Beds
  • 2 Baths
  • 1,048 ft²
918 Fort Wayne Avenue #918 Fort Wayne Avenue Unit 210, Indianapolis, IN, 46202 Listing by Nine+Eighteen
Unit for rent at 231 N. Pennsylvania Street, Indianapolis, IN, 46204

$1,690 /mo

  • 1 Bed
  • 1 Bath
  • 781 ft²
231 N. Pennsylvania Street #231 N. Pennsylvania Street - Unit 520, Indianapolis, IN, 46204 Listing by Ardmore
Unit for rent at 350 N Meridian Unit 601, Indianapolis, IN, 46204

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,027 ft²
350 N Meridian Unit 601 #350 N Meridian Unit 601, Indianapolis, IN, 46204 Listing by Manager

Frequently Asked Questions

What neighborhood is 1533 Draper Street located in?
The 1533 Draper Street is a multifamily located in the neighborhood of Fountain Square in Fountain Square, Indianapolis.
What is the average sales price for listings in 1533 Draper Street?
The average sales price for units in 1533 Draper Street is $0 currently.

Quantcast