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1854 Shelby Street

1854 Shelby Street, Indianapolis, IN 46203
1 Units For Sale
Unit for sale at 1854 Shelby Street, Indianapolis, IN 46203

$195,000

  • Studio
1854 Shelby Street, Indianapolis, IN 46203 Listing by Brian Heaney

1854 Shelby Street in Indianapolis, IN was first built in 1900 and is 124 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 8 rooms in the home, of which, 4 are bedrooms. 1854 Shelby Street has 1,136 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 323 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 380 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 5,314 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. The property was last sold in Jan 22, 2024 for $212,800. That's $145.85 per sqft. 1854 Shelby Street was last assessed in 2023. The total value of the property was assessed at $112,400. Specifically, the land the property is located on was valued at $20,000. While improvements on the property were assessed at a total of $92,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,722. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220609
06/09/2022
Studio
-
-
$245,000
bedrooms
Studio
bathrooms
-
-
-
-
Mark Dietel
Mark Dietel Realty, LLC
20190306
03/06/2019
6 Bed
3 Bath
2524 ft²
$167,900
bedrooms
6 Bed
bathrooms
3 Bath
square feet
2524 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 323
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,314
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,459
  • Gross Building Area: 1,459
  • Building Area: 1,136
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,136
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEATYS ADD
  • Land Acres: 0.122
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: BEATYS ADD EX 7FT E END L34 B24

Ownership

  • Current Owner : RAHAL REAL ESTATE INVESTMENTS LLC
  • Previous Owner : FUSON JAMES B
  • 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-E7
  • District: 0001
  • Section: 130
  • Parcel: 49-11-13-208-641.000-101
  • Block: 24
  • Lot: 34
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7425
  • Longitude: -86.1402

    Address

  • Full Address: 1854 Shelby St
  • Address - House Number: 1854
  • Address - Street Name: Shelby
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 4042
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,459
  • Tax Year: 2022
  • Tax Amount: $2,722
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 79
  • Final Value: 172,126
  • High Value: 200,282
  • Low Value: 143,970

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: BRRRR FUNDER LLC
  • First Open Lien Mortgage Recording Date: Jan 29, 2024
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2025

    Market Valuation

  • Market Total Value: $112,400
  • Market Land Value: $20,000
  • Market Improvement Value: $92,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,400
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $92,400

    Sales

  • Current Sale Contract Date: Jan 22, 2024
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Transaction ID: 11920085921
  • Current Sale Price: $212,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6743

    Last Sale Mortgage

  • First Mortgage Lender: BRRRR FUNDER LLC
  • First Mortgage Transaction Date: Jan 29, 2024
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Feb 01, 2025

About Near Southside



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Nearby Rentals

Unit for rent at 2106 Singleton Street, Indianapolis, IN, 46203

$1,050 /mo

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  • 1 Bath
  • 1,151 ft²
2106 Singleton Street, Indianapolis, IN, 46203 Listing by Evona Watson

Frequently Asked Questions

What neighborhood is 1854 Shelby Street located in?
The 1854 Shelby Street is a house located in the neighborhood of Near Southside in Near Southside, Indianapolis.
How many listings are currently for sale in 1854 Shelby Street?
There is one unit for sale right now.
What is the average sales price for listings in 1854 Shelby Street?
The average sales price for units in 1854 Shelby Street is $195,000 currently.

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