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2002 Prospect Street

2002 Prospect Street, Indianapolis, IN 46203
Commercial in Near Southeast
Local assessors in Indianapolis, IN have categorized 2002 Prospect Street as a commercial type of property. The home was built in 1910 and is 114 years old. It was most recently renovated and altered in 2009. The property's lot size has been calculated to be 9,120 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2002 Prospect Street has a total of 3,339 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 1,822 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 none system. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 steel 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 no air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in May 18, 2023 for $166,250. That's $32.21 per sqft. Prior to that sales transaction, the property was also sold in Oct 10, 2018 for $162,500. 2002 Prospect Street was last assessed in 2023. The total value of the property was assessed at $214,100. Specifically, the land the property is located on was valued at $20,100. While improvements on the property were assessed at a total of $194,000. 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 $4,600. The initial tax year of delinquency was in 2021. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211007
10/07/2021
Loft
-
-
$299,000
bedrooms
Loft
bathrooms
-
-
-
-
Joseph Gray
Homewise Realty LLC

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Steel
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,822
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,120
  • Total Building Area: 5,161
  • Gross Building Area: 5,342
  • Building Area: 5,342
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,339
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Commercial
  • Subdivision: MATZKE HEIRS PART SUB DUNLOPS ADD
  • Land Acres: 0.209
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: A G MATZKES HRS SUB VANDERMAN HUNTERS & EVERGREEN ADD L1, L2 & 8 W SIDE L3

Ownership

  • Current Owner : JGP COMMERCIAL LLP
  • Previous Owner : DALSTROM ANDREW
  • Owner Before Previous Owner: NLS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357200

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-A5
  • District: 0001
  • Section: 7015004
  • Parcel: 49-10-07-162-002.000-101
  • Lot: 1
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7526
  • Longitude: -86.1269

    Address

  • Full Address: 2002 Prospect St
  • Address - House Number: 2002
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C020
  • 4-Digit Zip Code: 2031
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 5,161
  • Tax Year: 2022
  • Tax Amount: $4,600
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 101

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: DALSTROM ANDREW
  • First Open Lien Mortgage Recording Date: May 25, 2023
  • First Open Lien Mortgage Loan Amount: $125,000
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: May 01, 2025

    Market Valuation

  • Market Total Value: $214,100
  • Market Land Value: $20,100
  • Market Improvement Value: $194,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,100
  • Assessed Land Value: $20,100
  • Assessed Improvements Value: $194,000

    Sales

  • Current Sale Contract Date: May 18, 2023
  • Current Sale Recording Date: May 25, 2023
  • Current Sale Transaction ID: 11907213688
  • Current Sale Price: $166,250
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 41891
  • Previous Sale Recording Date: Oct 15, 2018
  • Previous Sale Contract Date: Oct 10, 2018
  • Previous Sale Amount: $162,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DALSTROM ANDREW
  • First Mortgage Transaction Date: May 25, 2023
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: May 01, 2025

About Near Southeast



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Frequently Asked Questions

What neighborhood is 2002 Prospect Street located in?
The 2002 Prospect Street is a commercial located in the neighborhood of Near Southeast in Near Southeast, Indianapolis.
What is the average sales price for listings in 2002 Prospect Street?
The average sales price for units in 2002 Prospect Street is $0 currently.

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