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1817 Union Street

1817 Union Street, Indianapolis, IN 46225
Multifamily in Near Southside
Sold May 19, 2020
$189,900
$292,500 by Elements Financial Fcu
Mortgage Due Feb 25, 2026
Sold Dec 05, 2019
$93,150
$69,862 by Chemical Bank
Mortgage
1817 Union Street in Indianapolis, IN was first built in 1910 and is 114 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. 1817 Union Street has 1,173 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 142 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 330 ft and the linear feet between the front and back of the lot is 1,060. In total, the area measurement of the land is 3,485 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. 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 fair. Walk into the home itself and you'll find that it is currently being cooled with no 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, 1817 Union Street sold most recently in May 14, 2020 for a total of $189,900. If you work out the math, that's approximately a cost of $144.41 per sqft. Before that, the property was also sold for $93,150 in Nov 25, 2019. 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 $2,673 in taxes each year. 1817 Union Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $134,000. If we break it down further, the land itself was valued at $7,800. Improvements to the property, however, were assessed at a total of $126,200. 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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 142
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,315
  • Gross Building Area: 1,315
  • Building Area: 1,173
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,173
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ALEXANDER C AYRES SOUTH MERIDIAN ST ADD
  • Land Acres: 0.08
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: AYRES S MERIDIAN ST ADD L38

Ownership

  • Current Owner : IRJ PROPERTIES LLC
  • Previous Owner : SATYABAYU MUHAMMAD
  • Owner Before Previous Owner: SHANNON DARNELL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 356900

Geography

  • Assessors Map Reference: 2337-C7
  • District: 0001
  • Section: 130
  • Parcel: 49-11-13-112-044.000-101
  • Lot: 38
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7425
  • Longitude: -86.1572

    Address

  • Full Address: 1817 Union St
  • Address - House Number: 1817
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 1748
  • Zip Code: 46225

Valuation

    Tax

  • Total Area: 1,315
  • Tax Year: 2022
  • Tax Amount: $2,673
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2619
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 232,152
  • High Value: 292,966
  • Low Value: 171,338

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,500
  • First Open Lien Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $292,500
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 25, 2026

    Market Valuation

  • Market Total Value: $134,000
  • Market Land Value: $7,800
  • Market Improvement Value: $126,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,000
  • Assessed Land Value: $7,800
  • Assessed Improvements Value: $126,200

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: May 19, 2020
  • Current Sale Transaction ID: 11763431653
  • Current Sale Price: $189,900
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: A202000050321
  • Previous Sale Recording Date: Dec 05, 2019
  • Previous Sale Contract Date: Nov 25, 2019
  • Previous Sale Amount: $93,150
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY FIRST BANK
  • First Mortgage Transaction Date: May 19, 2020
  • First Mortgage Loan Amount: $151,944
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 14, 2040

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: CHEMICAL BANK
  • Previous Mortgage Transaction Date: Dec 05, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $69,862
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Near Southside



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Frequently Asked Questions

What neighborhood is 1817 Union Street located in?
The 1817 Union Street is a multifamily located in the neighborhood of Near Southside in Near Southside, Indianapolis.
What is the average sales price for listings in 1817 Union Street?
The average sales price for units in 1817 Union Street is $0 currently.

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