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1907 Salem Square

1907 Salem Square, Indianapolis, IN 46227
Sold Jul 11, 2023
$315,875
$237,500 by First Merchants Bank
Mortgage Due Aug 01, 2053
Sold May 12, 2020
$189,900
$180,405 by Caliber Home Loans Inc
Mortgage
Local assessors in Indianapolis, IN have categorized 1907 Salem Square as a residential type of property. The home was built in 1967 and is 57 years old. It was most recently renovated and altered in 1979. The property's lot size has been calculated to be 17,511 square feet. The linear feet between the front and back of the lot was measured at 1,990 ft and the front of the lot was measured at 880 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1907 Salem Square has a total of 2,028 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,521 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Jul 4, 2023 for $315,875. That's $78.40 per sqft. Prior to that sales transaction, the property was also sold in May 6, 2020 for $189,900. 1907 Salem Square was last assessed in 2023. The total value of the property was assessed at $274,300. Specifically, the land the property is located on was valued at $25,600. While improvements on the property were assessed at a total of $248,700. 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 $3,114. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,521
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,511
  • Lot Size Depth Feet: 1,990
  • Lot Size Frontage Feet: 880
  • Total Building Area: 4,029
  • Gross Building Area: 4,029
  • Building Area: 2,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SALEM SQUARE ADD
  • Land Acres: 0.402
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SALEM SQUARE ADD L10

Ownership

  • Current Owner : ROQUE MARIA
  • Current Owner 2: ROMERO ROSALEEN
  • Previous Owner : GRAY MICHAEL
  • Owner Before Previous Owner: CLEMEN ANDREA
  • Owner Before Previous Owner 2: CLEMEN SAMUEL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 380502

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2447-A5
  • District: 0005
  • Section: 310
  • Parcel: 49-10-31-103-002.009-501
  • Lot: 10
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.7026
  • Longitude: -86.1268

    Address

  • Full Address: 1907 Salem Sq
  • Address - House Number: 1907
  • Address - Street Name: Salem
  • Address - Suffix Type: Sq
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C081
  • 4-Digit Zip Code: 8663
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 3,549
  • Tax Year: 2022
  • Tax Amount: $3,114
  • Tax Rate Code Area: 501

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 291,024
  • High Value: 355,583
  • Low Value: 226,464

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,500
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Jul 11, 2023
  • First Open Lien Mortgage Loan Amount: $237,500
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $274,300
  • Market Land Value: $25,600
  • Market Improvement Value: $248,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,300
  • Assessed Land Value: $25,600
  • Assessed Improvements Value: $248,700

    Sales

  • Current Sale Contract Date: Jul 04, 2023
  • Current Sale Recording Date: Jul 11, 2023
  • Current Sale Transaction ID: 11909442260
  • Current Sale Price: $315,875
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 56151
  • Previous Sale Recording Date: May 12, 2020
  • Previous Sale Contract Date: May 06, 2020
  • Previous Sale Amount: $189,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK
  • First Mortgage Transaction Date: Jul 11, 2023
  • First Mortgage Loan Amount: $237,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: May 12, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $180,405
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About University Heights



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Frequently Asked Questions

What neighborhood is 1907 Salem Square located in?
The 1907 Salem Square is a house located in the neighborhood of University Heights in University Heights, Indianapolis.
What is the average sales price for listings in 1907 Salem Square?
The average sales price for units in 1907 Salem Square is $196,900 , or $55/sqft. currently.

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