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1707 North Bancroft Street

1707 North Bancroft Street, Indianapolis, IN 46218
Sold Apr 15, 2021
$207,800
$166,250 by Mjw Financial Llc
Mortgage Due May 01, 2051
Sold Oct 07, 2020
$66,000
1707 North Bancroft Street in Indianapolis, IN was first built in 1944 and is 80 years old. Although, the building on the property was most recently renovated and altered in 2012. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. There are 3 partial bathrooms. 1707 North Bancroft Street has 1,282 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 744 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,310. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 484 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 1707 North Bancroft Street sold most recently in Apr 13, 2021 for a total of $207,800. If you work out the math, that's approximately a cost of $117.00 per sqft. Before that, the property was also sold for $66,000 in Oct 6, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,910 in taxes each year. 1707 North Bancroft Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $154,800. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $136,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 744
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,776
  • Gross Building Area: 1,776
  • Building Area: 1,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,282
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GARDEN COURT VILLAGE ADD 1ST SEC
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: GARDEN COURT VILLAGE L134

Ownership

  • Current Owner : MILER MAUREEN D
  • Previous Owner : J & J HOMES LLC
  • Owner Before Previous Owner: MARION COUNTY SHERIFF
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352400

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2230-A7
  • District: 0001
  • Section: 330
  • Parcel: 49-07-33-166-071.000-101
  • Lot: 134
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7901
  • Longitude: -86.0842

    Address

  • Full Address: 1707 N Bancroft St
  • Address - House Number: 1707
  • Street Direction: N
  • Address - Street Name: Bancroft
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C037
  • 4-Digit Zip Code: 4707
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 1,776
  • Tax Year: 2022
  • Tax Amount: $1,910
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2196
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 237,020
  • High Value: 289,071
  • Low Value: 184,970

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,250
  • First Open Lien Mortgage Lender: MJW FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $166,250
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $154,800
  • Market Land Value: $18,000
  • Market Improvement Value: $136,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,800
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $136,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 13, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Transaction ID: 11834381753
  • Current Sale Price: $207,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100050154
  • Previous Sale Recording Date: Oct 07, 2020
  • Previous Sale Contract Date: Oct 06, 2020
  • Previous Sale Amount: $66,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: MJW FINANCIAL LLC
  • First Mortgage Transaction Date: Apr 15, 2021
  • First Mortgage Loan Amount: $166,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1707 North Bancroft Street located in?
The 1707 North Bancroft Street is a house located in the neighborhood of Near Eastside in Near Eastside, Indianapolis.
What is the average sales price for listings in 1707 North Bancroft Street?
The average sales price for units in 1707 North Bancroft Street is $0 currently.

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