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1549 Villa Avenue

1549 Villa Avenue, Indianapolis, IN 46203
Multifamily in Near Southeast
Sold Nov 14, 2022
Transfer
Sold Nov 07, 2019
$60,000
$88,000 by Aloha Capital Llc
Mortgage
Nearby Listings
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1549 Villa 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 1923 and is 101 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 14 rooms. 6 of these rooms are legally considered as bedrooms. The building has a total of 2 stories. In addition, 1549 Villa Avenue has 1,008 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 full basement that is 504 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 1,010 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,051 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 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 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $60,000 in Oct 16, 2019. Current property owners are expected to pay $2,940 in taxes per year. The property on 1549 Villa Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $148,700. To break that down further, the land itself was valued at $5,500. While improvements to the property were assessed at a total of $143,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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: 1923
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 504
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,051
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HILLCREST ADD
  • Land Acres: 0.093
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: HILLCREST L30

Ownership

  • Current Owner : SUMABAT WASHINGTON
  • Current Owner 2: SUMABAT MA LUISA
  • Previous Owner : EASTERN PARTNERS LLC
  • Owner Before Previous Owner: SMITH JAMES CARL
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357200

Geography

  • Assessors Map Reference: 2338-A6
  • District: 0001
  • Section: 180
  • Parcel: 49-10-18-158-076.000-101
  • Lot: 30
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7464
  • Longitude: -86.1261

    Address

  • Full Address: 1549 Villa Ave
  • Address - House Number: 1549
  • Address - Street Name: Villa
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 2947
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,512
  • Tax Year: 2022
  • Tax Amount: $2,940
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 229,611
  • High Value: 281,214
  • Low Value: 178,009

    Market Valuation

  • Market Total Value: $148,700
  • Market Land Value: $5,500
  • Market Improvement Value: $143,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,700
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $143,200

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 14, 2022
  • Current Sale Transaction ID: 11898851813
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 122176
  • Previous Sale Recording Date: Nov 07, 2019
  • Previous Sale Contract Date: Oct 16, 2019
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ALOHA CAPITAL LLC
  • Previous Mortgage Transaction Date: Nov 07, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $88,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Near Southeast



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Nearby Rentals

Unit for rent at

$3,000 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,280 ft²
Listing by Tony Papalia
Unit for rent at

$1,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,788 ft²
Listing by Amanda Wade
Unit for rent at

$2,350 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,938 ft²
Listing by Mitch Rolsky
Unit for rent at

$2,700 /mo

  • 3 Beds
  • 3 Baths
  • 2,042 ft²
Listing by Benjamin Tupper
Unit for rent at

$725 /mo

  • Studio
  • 1 Bath
  • 661 ft²
Listing by Maxwell Richter
Unit for rent at

$1,500 /mo

  • Studio
Listing by Olanrewaju Azeez
Unit for rent at

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,609 ft²
Listing by Peter Bannon

Frequently Asked Questions

What neighborhood is 1549 Villa Avenue located in?
The 1549 Villa Avenue is a multifamily located in the neighborhood of Near Southeast in Near Southeast, Indianapolis.
What is the average sales price for listings in 1549 Villa Avenue?
The average sales price for units in 1549 Villa Avenue is $0 currently.

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