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1950 Clark Road

1950 Clark Road, Indianapolis, IN 46224
House in Speedway
Sold Jan 29, 2019
$132,000
$129,609 by Bailey & Wood Financial Group
Mortgage Due Feb 01, 2049
Sold Oct 17, 2014
$95,600
$97,618 by Stearns Lending Llc
Mortgage Due Nov 01, 2029
Local assessors in Indianapolis, IN have categorized 1950 Clark Road as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1981. The property's lot size has been calculated to be 6,447 square feet. The linear feet between the front and back of the lot was measured at 1,190 ft and the front of the lot was measured at 540 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 1950 Clark Road has a total of 902 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 full basement that is 902 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 detached garage for those who need a place to park their vehicle. The garage on the property is 240 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 frame 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 - D. 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 Jan 28, 2019 for $132,000. That's $73.17 per sqft. Prior to that sales transaction, the property was also sold in Oct 9, 2014 for $95,600. 1950 Clark Road was last assessed in 2023. The total value of the property was assessed at $175,400. Specifically, the land the property is located on was valued at $11,600. While improvements on the property were assessed at a total of $163,800. 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 $2,115. 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! 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

Aluminum Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 902
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,447
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,804
  • Gross Building Area: 1,804
  • Building Area: 902
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 902
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SCHLOSS HOME PLACE 9TH SEC
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SCHLOSS HOME PLACE 9TH SEC L717

Ownership

  • Current Owner : ALLISON ANDREW H
  • Previous Owner : LEPPERT CHARLES W
  • Owner Before Previous Owner: VANDERBUR REBECCA
  • Owner Before Previous Owner 2: HINES REBECCA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Speedway School Town
  • Census Tract: 340904

Geography

  • Assessors Map Reference: 2226-B7
  • District: 0009
  • Section: 360
  • Parcel: 49-05-36-115-017.000-914
  • Lot: 717
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7941
  • Longitude: -86.2615

    Address

  • Full Address: 1950 Clark Rd
  • Address - House Number: 1950
  • Address - Street Name: Clark
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 5331
  • Zip Code: 46224

Valuation

    Tax

  • Total Area: 1,804
  • Tax Year: 2022
  • Tax Amount: $2,115
  • Tax Rate Code Area: 914

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 242,170
  • High Value: 300,634
  • Low Value: 183,707

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,609
  • First Open Lien Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Jan 29, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $129,609
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2049

    Market Valuation

  • Market Total Value: $175,400
  • Market Land Value: $11,600
  • Market Improvement Value: $163,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,400
  • Assessed Land Value: $11,600
  • Assessed Improvements Value: $163,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 28, 2019
  • Current Sale Recording Date: Jan 29, 2019
  • Current Sale Transaction ID: 11566578699
  • Current Sale Price: $132,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900008505
  • Previous Sale Recording Date: Oct 17, 2014
  • Previous Sale Contract Date: Oct 09, 2014
  • Previous Sale Amount: $95,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Mortgage Transaction Date: Jan 29, 2019
  • First Mortgage Loan Amount: $129,609
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Oct 17, 2014
  • Previous Mortgage Loan Amount: $97,618
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2029

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Frequently Asked Questions

What neighborhood is 1950 Clark Road located in?
The 1950 Clark Road is a house located in the neighborhood of Speedway in Speedway, Indianapolis.
What is the average sales price for listings in 1950 Clark Road?
The average sales price for units in 1950 Clark Road is $0 currently.

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