See Home Value
$119,573*
House - Off Market

1625 Draper Street

Indianapolis, IN 46203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1242 Sqft
$108,000 - $130,000
Reference Base Price*
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Sold Jul 27, 2023
Transfer
$91,093 by Rcn Capital, Llc
Mortgage Due Sep 01, 2053

About This Property

*BACK ON THE MARKET* Buyers financing fell through one week before closing. Investment potential in near Southside Fountain Square district. This clean 2 bedroom 1 bath home offers space and functionality. This up and coming area is prime for investors or homeowners are still affordable pricing. Move right in or change to your liking. ! car detached garage with a rear fenced yard makes this first on your list. Floorplan is easily converted into 3 bedrooms. Plenty of new houses and rehabs within one block of this house. Property has been an investment property for years and there are no tax exemptions on file. Seller is selling as is.

The manager has listed the unit size as 1242 square feet.
Unit Size
1,242Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$97
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Jul 21, 2023 No longer available -
No longer available
Jun 30, 2023 In contract -
In contract
Jun 8, 2023 Relisted $119,900
Relisted
May 20, 2023 In contract -
In contract
Apr 28, 2023 Price Decreased $119,900
↓ $5K (4.1%)
Price Decreased
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 421
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,661
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,611
  • Gross Building Area: 1,611
  • Building Area: 1,190
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,190
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WRIGHT & BOWERS SUB HUBBARD ET AL S E AD
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WRIGHT & BOWERS HUBBARD & MARTINDALE S E ADD L37B14

Ownership

  • Current Owner : IN 1625 DRAPER LLC
  • Previous Owner : DORRIS RICKY L
  • Previous Owner 2: DORRIS PATRICIA I
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: 2338-A6
  • Parcel: 49-10-18-106-027.000-101
  • Block: 14
  • Lot: 37
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7455
  • Longitude: -86.1325

    Address

  • Full Address: 1625 Draper St
  • Address - House Number: 1625
  • Address - Street Name: Draper
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 2813
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,611
  • Tax Year: 2022
  • Tax Amount: $2,605
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2566
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 183,789
  • High Value: 230,950
  • Low Value: 136,629

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,093
  • First Open Lien Mortgage Lender: RCN CAPITAL, LLC
  • First Open Lien Mortgage Recording Date: Aug 24, 2023
  • First Open Lien Mortgage Loan Amount: $91,093
  • 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, 2053

    Market Valuation

  • Market Total Value: $106,700
  • Market Land Value: $4,900
  • Market Improvement Value: $101,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,700
  • Assessed Land Value: $4,900
  • Assessed Improvements Value: $101,800

    Sales

  • Current Sale Contract Date: Jul 20, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Transaction ID: 11910401043
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 61512



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
2 Beds
1 Bath
768 ft²
$137/ft²
$105,000 Dec 26, 2022
-
$109/mo
Commercial
Loft
-
2,172 ft²
$60/ft²
$130,000 May 29, 2023
-
-
Land
Loft
-
-
$110,000 May 29, 2023
-
-
Land
Loft
-
-
$110,000 May 29, 2023
-
-
Land
Loft
-
-
$110,000 Jun 5, 2023
-
-
Land
Loft
-
-
$110,000 Jun 7, 2023
-
-
Commercial
Loft
-
2,442 ft²
$57/ft²
$140,000 May 29, 2023
-
-

About Fountain Square


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Frequently Asked Questions

When was property at 1625 Draper Street built and last sold?
The property at 1625 Draper Street was built in 1900 and last sold on Jul 20, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 1625 Draper Street is $130,220.
What are some comparable homes to 1625 Draper Street?
Homes that are comparable to 1625 Draper Street include a commercial property at 2027 Prospect Street, a land property at 2013 Prospect Street, 2021 Prospect Street.

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