See Home Value
$135,000 - $165,000
House - Off Market

1814 New Street

Indianapolis, IN 46203
bedrooms
2 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1024 Sqft
Sold Jun 07, 2023
$201,143
$151,236 by Commercial Lender Llc
Mortgage Due Jun 01, 2024
Sold Aug 18, 2022
$89,900
$161,415 by Easy Street Capital Investment
Mortgage

About This Property

Welcome to this promising investment property nestled in the heart of Indianapolis. This spacious dwelling offers an excellent opportunity for investors seeking to capitalize on the burgeoning real estate market in the area. Situated in a convenient location, this property boasts two bedrooms, one loft, and two bathrooms, presenting a versatile layout for potential tenants. While this property is currently vacant and requires some renovation to reach its full potential, savvy investors will recognize the opportunity to add significant value. With the right vision and investment, this property can be transformed into a lucrative asset in Indianapolis' competitive rental market, or the perfect fixer up for a new home buyer whose willing to put fourth some elbow grease! Conveniently located in Indianapolis, residents will enjoy easy access to amenities, including shopping centers, restaurants, parks and easy downtown access! Proximity to major highways and public transportation hubs ensures convenient commuting to wherever you want to go! Be sure to book your showing today, this property wont last long!

The manager has listed the unit size as 1024 square feet.
Unit Size
1,024Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Apr 6, 2024 No longer available -
No longer available
Mar 21, 2024 Price Decreased $150,000
↓ $25K (14.3%)
Price Decreased
Feb 27, 2024 Listed $175,000
Listed
Jan 12, 2024 No longer available -
No longer available
Jan 4, 2024 Price Decreased $230,000
↓ $15K (6.1%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 130
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,530
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,154
  • Gross Building Area: 1,154
  • Building Area: 1,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,024
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LEMCKES SUB D S BEATYS ADD
  • Land Acres: 0.104
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LEMCKES SUB BEATYS ADD L13 B19 ETC

Ownership

  • Current Owner : KINGDOM PROPERTY INVESTMENTS LLC
  • Previous Owner : AUGUST JULIAN
  • Owner Before Previous Owner: IMAGINE PROPERTY INVESTMENTS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357000

Geography

  • Assessors Map Reference: 2337-D7
  • Parcel: 49-11-13-179-002.000-101
  • Lot: 13
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7434
  • Longitude: -86.145

    Address

  • Full Address: 1814 New St
  • Address - House Number: 1814
  • Address - Street Name: New
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C018
  • 4-Digit Zip Code: 3959
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,154
  • Tax Year: 2022
  • Tax Amount: $772
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 184,132
  • High Value: 214,439
  • Low Value: 153,825

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,236
  • First Open Lien Mortgage Lender: COMMERCIAL LENDER LLC
  • First Open Lien Mortgage Recording Date: Jun 07, 2023
  • First Open Lien Mortgage Loan Amount: $151,236
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2024

    Market Valuation

  • Market Total Value: $42,000
  • Market Land Value: $21,600
  • Market Improvement Value: $20,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $21,600
  • Assessed Improvements Value: $20,400

    Sales

  • Current Sale Recording Date: Jun 07, 2023
  • Current Sale Transaction ID: 11910150234
  • Current Sale Price: $201,143
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 45699
  • Previous Sale Recording Date: Aug 18, 2022
  • Previous Sale Contract Date: Aug 11, 2022
  • Previous Sale Amount: $89,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL LENDER LLC
  • First Mortgage Transaction Date: Jun 07, 2023
  • First Mortgage Loan Amount: $151,236
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: EASY STREET CAPITAL INVESTMENT
  • Previous Mortgage Transaction Date: Aug 18, 2022
  • Previous Mortgage Loan Amount: $161,415
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
798 ft²
$188/ft²
$149,900 Sep 18, 2023
-
-
House
2 Beds
1 Bath
836 ft²
$191/ft²
$160,000 Feb 27, 2024
-
-
House
2 Beds
1 Bath
930 ft²
$194/ft²
$180,000 Feb 24, 2024
-
-
House
2 Beds
1 Bath
996 ft²
$159/ft²
$158,000 Feb 13, 2024
-
-
House
3 Beds
2 Baths
1,008 ft²
$208/ft²
$209,900 Nov 4, 2023
-
-
House
2 Beds
1.5 Baths
1,856 ft²
$80/ft²
$149,000 Dec 19, 2023
-
-
House
3 Beds
1 Bath
1,632 ft²
$98/ft²
$160,000 Feb 27, 2024
-
-
House
4 Beds
1.5 Baths
2,312 ft²
$67/ft²
$155,000 Nov 10, 2023
-
-
Commercial
Loft
-
3,230 ft²
$65/ft²
$210,000 Feb 16, 2024
-
-

About Near Southside


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Frequently Asked Questions

When was property at 1814 New Street built and last sold?
The property at 1814 New Street was built in 1900 and last sold on Jan 1, 1970 for $201,143.
How much is this home worth?
The estimated value of the home located at 1814 New Street is $170,125.
What are some comparable homes to 1814 New Street?
Homes that are comparable to 1814 New Street include a house property at 1404 Finley Avenue, 1530 Dawson Street, 1525 Spruce Street.

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