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1537 Lexington Avenue

1537 Lexington Avenue, Indianapolis, IN 46203
Property in Fountain Square
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1537 Lexington Avenue in Indianapolis, IN was first built in 1955 and is 69 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. 1537 Lexington Avenue has 1,416 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 526 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 450 ft and the linear feet between the front and back of the lot is 1,870. In total, the area measurement of the land is 8,407 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 360 sqft. There is one available parking space. 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 frame 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. 1537 Lexington Avenue was last assessed in 2021. The total value of the property was assessed at $123,000. Specifically, the land the property is located on was valued at $40,400. While improvements on the property were assessed at a total of $82,600. 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 $1,461. 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. 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

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 526
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,407
  • Lot Size Depth Feet: 1,870
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,942
  • Gross Building Area: 1,942
  • Building Area: 1,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FLETCHERS WOODLAWN ADD
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FLETCHERS WOODLAWN ADD L214

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 0001
  • Section: 7015004
  • Parcel: 49-10-07-209-260.000-101
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7558
  • Longitude: -86.1326

    Address

  • Full Address: 1537 Lexington Ave
  • Address - House Number: 1537
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C017
  • 4-Digit Zip Code: 1216
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,942
  • Tax Year: 2021
  • Tax Amount: $1,461
  • Tax Rate Code Area: 101:INDPLS

    Appraisal Valuation

  • Standard Deviation: 0.2222
  • Valuation Date: Oct 05, 2022
  • Confidence Score: 69
  • Final Value: 259,267
  • High Value: 316,892
  • Low Value: 201,641

    Market Valuation

  • Market Total Value: $123,000
  • Market Land Value: $40,400
  • Market Improvement Value: $82,600

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $123,000
  • Assessed Land Value: $40,400
  • Assessed Improvements Value: $82,600

    Exemptions

  • Homeowner Exemption: Yes

About Fountain Square



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Frequently Asked Questions

What neighborhood is 1537 Lexington Avenue located in?
The 1537 Lexington Avenue is a located in the neighborhood of Fountain Square in Fountain Square, Indianapolis.
What is the average sales price for listings in 1537 Lexington Avenue?
The average sales price for units in 1537 Lexington Avenue is $0 currently.

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