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1542 Ruth Drive

1542 Ruth Drive, Indianapolis, IN 46240
Property in Ravenswood
Sold Sep 12, 2007
$56,100
$44,910 by Countrywide Bank Fsb
Mortgage Due Sep 01, 2037
Sold Nov 17, 2006
$57,027
Local assessors in Indianapolis, IN have categorized 1542 Ruth Drive as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 1950. The property's lot size has been calculated to be 6,360 square feet. The linear feet between the front and back of the lot was measured at 1,270 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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. 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 1542 Ruth Drive has a total of 1,184 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 none system. 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 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - C. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 22, 2007 for $56,100. That's $47.38 per sqft. Prior to that sales transaction, the property was also sold in Nov 1, 2006 for $57,027. 1542 Ruth Drive was last assessed in 2023. The total value of the property was assessed at $116,400. Specifically, the land the property is located on was valued at $19,200. While improvements on the property were assessed at a total of $97,200. 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 $2,842. 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: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,360
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,184
  • Gross Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ISLAND PARK
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ISLAND PARK L167

Ownership

  • Current Owner : KRANNING MERLE
  • Previous Owner : COUNTRYWIDE HOME LOANS INC
  • Owner Before Previous Owner: BULLMAN NELLIE B

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320600

Geography

  • Assessors Map Reference: 2120-A1
  • District: 0008
  • Section: 250
  • Parcel: 49-03-25-111-083.000-800
  • Lot: 167
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8885
  • Longitude: -86.1322

    Address

  • Full Address: 1542 Ruth Dr
  • Address - House Number: 1542
  • Address - Street Name: Ruth
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 3155
  • Zip Code: 46240

Valuation

    Tax

  • Total Area: 1,184
  • Tax Year: 2022
  • Tax Amount: $2,842
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2504
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 186,329
  • High Value: 232,989
  • Low Value: 139,670

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $44,910
  • First Open Lien Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Open Lien Mortgage Recording Date: Sep 12, 2007
  • First Open Lien Mortgage Loan Amount: $44,910
  • 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: Sep 01, 2037

    Market Valuation

  • Market Total Value: $116,400
  • Market Land Value: $19,200
  • Market Improvement Value: $97,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,400
  • Assessed Land Value: $19,200
  • Assessed Improvements Value: $97,200

    Sales

  • Current Sale Contract Date: Aug 22, 2007
  • Current Sale Recording Date: Sep 12, 2007
  • Current Sale Transaction ID: 1179763466
  • Current Sale Price: $56,100
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2007-0131857
  • Previous Sale Recording Date: Nov 17, 2006
  • Previous Sale Contract Date: Nov 01, 2006
  • Previous Sale Amount: $57,027
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Mortgage Transaction Date: Sep 12, 2007
  • First Mortgage Loan Amount: $44,910
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2037

About Ravenswood



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6115 Broadway Street, Indianapolis, IN, 46220 Listing by Shelley Hansell

Frequently Asked Questions

What neighborhood is 1542 Ruth Drive located in?
The 1542 Ruth Drive is a located in the neighborhood of Ravenswood in Ravenswood, Indianapolis.
What is the average sales price for listings in 1542 Ruth Drive?
The average sales price for units in 1542 Ruth Drive is $0 currently.

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