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1619 Lawton Avenue

1619 Lawton Avenue, Indianapolis, IN 46203
Multifamily in Near Southeast
Sold Nov 06, 2017
$54,000
$40,500 by First Federal Community Bank
Mortgage Due Dec 01, 2047
Sold Nov 01, 2017
$54,000
Local assessors in Indianapolis, IN have categorized 1619 Lawton Avenue 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 1990. The property's lot size has been calculated to be 5,924 square feet. The linear feet between the front and back of the lot was measured at 1,160 ft and the front of the lot was measured at 510 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. 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 1619 Lawton Avenue has a total of 420 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 420 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 - D. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1619 Lawton Avenue sold most recently in Nov 1, 2017 for a total of $54,000. If you work out the math, that's approximately a cost of $64.29 per sqft. Before that, the property was also sold for $54,000 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,740 in taxes each year. 1619 Lawton Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $56,700. If we break it down further, the land itself was valued at $6,700. Improvements to the property, however, were assessed at a total of $50,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,924
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 510
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 420
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CRESS ADD
  • Land Acres: 0.136
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: V B CRESS SUB PT LYING S OF LAWTON ST E1/2 OF W1/2OF N1/2 L11 & 64FT S OF & ADJ 50FT X 115FT

Ownership

  • Current Owner : ROCK STEAMBOAT B
  • Current Owner 2: ROCK MEGAN D
  • Previous Owner : 1621 LAWTON LLC
  • Owner Before Previous Owner: BARLI DANIEL

Neighborhood

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

Geography

  • Assessors Map Reference: 2338-A7
  • District: 0001
  • Section: 180
  • Parcel: 49-10-18-148-001.000-101
  • Lot: 11
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7433
  • Longitude: -86.1317

    Address

  • Full Address: 1619 Lawton Ave
  • Address - House Number: 1619
  • Address - Street Name: Lawton
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 4110
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 840
  • Tax Year: 2022
  • Tax Amount: $1,740
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2533
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 122,744
  • High Value: 153,838
  • Low Value: 91,651

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,500
  • First Open Lien Mortgage Lender: FIRST FEDERAL COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Nov 06, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $40,500
  • 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: Dec 01, 2047

    Market Valuation

  • Market Total Value: $56,700
  • Market Land Value: $6,700
  • Market Improvement Value: $50,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,700
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $50,000

    Sales

  • Current Sale Contract Date: Nov 01, 2017
  • Current Sale Recording Date: Nov 06, 2017
  • Current Sale Transaction ID: 11427031371
  • Current Sale Price: $54,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201700124303
  • Previous Sale Recording Date: Nov 01, 2017
  • Previous Sale Amount: $54,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL COMMUNITY BANK
  • First Mortgage Transaction Date: Nov 06, 2017
  • First Mortgage Loan Amount: $40,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Near Southeast



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Frequently Asked Questions

What neighborhood is 1619 Lawton Avenue located in?
The 1619 Lawton Avenue is a multifamily located in the neighborhood of Near Southeast in Near Southeast, Indianapolis.
What is the average sales price for listings in 1619 Lawton Avenue?
The average sales price for units in 1619 Lawton Avenue is $0 currently.

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