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1611 East Ohio Street

1611 East Ohio Street, Indianapolis, IN 46201
Sold Feb 26, 2024
$247,925
$245,471 by Success Lending, Llc
Mortgage Due Mar 01, 2054
Sold Dec 26, 2018
$173,800
$139,000 by Gvc Mortgage
Mortgage Due Jan 01, 2049
1611 East Ohio 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 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 2018. The home comes with a single bedroom. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1611 East Ohio Street has 1,407 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 unknown that is 736 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 1,000 ft and across the front of the lot is 360 ft. The area measurement of the land has been determined as 3,615 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 252 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. 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 central 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 Feb 19, 2024 for $247,925. That's $115.69 per sqft. Prior to that sales transaction, the property was also sold in Dec 19, 2018 for $173,800. 1611 East Ohio Street was last assessed in 2023. The total value of the property was assessed at $297,800. Specifically, the land the property is located on was valued at $35,200. While improvements on the property were assessed at a total of $262,600. 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 $3,761. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 736
  • Garage Type: Detached
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,615
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 360
  • Total Building Area: 2,143
  • Gross Building Area: 2,143
  • Building Area: 1,407
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,407
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: J M RIDENOURS 2ND ADD
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: RIDENOURS 2ND ADD L42

Ownership

  • Current Owner : AELICK WILLIAM DUANE
  • Previous Owner : FREY KATIE M
  • Owner Before Previous Owner: TR CAPITAL LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354500

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-A3
  • Parcel: 49-10-06-182-003.000-101
  • Lot: 42
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7689
  • Longitude: -86.1318

    Address

  • Full Address: 1611 E Ohio St
  • Address - House Number: 1611
  • Street Direction: E
  • Address - Street Name: Ohio
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C030
  • 4-Digit Zip Code: 3819
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,143
  • Tax Year: 2022
  • Tax Amount: $3,761
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 348,505
  • High Value: 428,715
  • Low Value: 268,295

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,471
  • First Open Lien Mortgage Lender: SUCCESS LENDING, LLC
  • First Open Lien Mortgage Recording Date: Feb 26, 2024
  • First Open Lien Mortgage Loan Amount: $245,471
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $297,800
  • Market Land Value: $35,200
  • Market Improvement Value: $262,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,800
  • Assessed Land Value: $35,200
  • Assessed Improvements Value: $262,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 19, 2024
  • Current Sale Recording Date: Feb 26, 2024
  • Current Sale Transaction ID: 11921625395
  • Current Sale Price: $247,925
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13855
  • Previous Sale Recording Date: Dec 26, 2018
  • Previous Sale Contract Date: Dec 19, 2018
  • Previous Sale Amount: $173,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUCCESS LENDING, LLC
  • First Mortgage Transaction Date: Feb 26, 2024
  • First Mortgage Loan Amount: $245,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: GVC MORTGAGE
  • Previous Mortgage Transaction Date: Dec 26, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $139,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049

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Frequently Asked Questions

What neighborhood is 1611 East Ohio Street located in?
The 1611 East Ohio Street is a house located in the neighborhood of Arsenal Heights in Near Eastside, Indianapolis.
What is the average sales price for listings in 1611 East Ohio Street?
The average sales price for units in 1611 East Ohio Street is $0 currently.

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