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201 North Gray Street

201 North Gray Street, Indianapolis, IN 46201
Property in Rural-Sherman
Sold Jan 06, 2022
$323,400
$258,750 by Highlands Residential Mortgage
Mortgage Due Jan 01, 2052
Sold Jan 06, 2022
$323,400
$258,750 by Highlands Residential Mortgage
Mortgage Due Jan 01, 2052
Local assessors in Indianapolis, IN have categorized 201 North Gray Street as a residential type of property. The home was built in 1916 and is 108 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 5,053 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 390 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 201 North Gray Street has a total of 1,350 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 675 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. 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 - 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 Dec 10, 2021 for $323,400. That's $159.70 per sqft. Prior to that sales transaction, the property was also sold in Dec 30, 2021 for $323,400. 201 North Gray Street was last assessed in 2023. The total value of the property was assessed at $216,600. Specifically, the land the property is located on was valued at $11,600. While improvements on the property were assessed at a total of $205,000. 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 $5,440. 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. 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.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 675
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,053
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 390
  • Total Building Area: 2,025
  • Gross Building Area: 2,025
  • Building Area: 1,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,350
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HEIDS SUB ROBISON & VOORHEES ADD
  • Land Acres: 0.116
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: HEIDS SUB ROBISON & VOORHEES L11

Ownership

  • Current Owner : LI JENNIFER
  • Previous Owner : J & J HOMES LLC
  • Owner Before Previous Owner: J & J HOMES LLC
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355000

Zoning

  • Zoning: ZO01

Geography

  • District: 0001
  • Section: 5015004
  • Parcel: 49-10-05-165-004.000-101
  • Lot: 11
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7702
  • Longitude: -86.1115

    Address

  • Full Address: 201 N Gray St
  • Address - House Number: 201
  • Street Direction: N
  • Address - Street Name: Gray
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 3304
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,025
  • Tax Year: 2022
  • Tax Amount: $5,440
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2322
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 298,622
  • High Value: 367,986
  • Low Value: 229,258

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,750
  • First Open Lien Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 06, 2022
  • First Open Lien Mortgage Loan Amount: $258,750
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $216,600
  • Market Land Value: $11,600
  • Market Improvement Value: $205,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,600
  • Assessed Land Value: $11,600
  • Assessed Improvements Value: $205,000

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Transaction ID: 11916513825
  • Current Sale Price: $323,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202200002542
  • Previous Sale Recording Date: Jan 06, 2022
  • Previous Sale Contract Date: Dec 30, 2021
  • Previous Sale Amount: $323,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jan 06, 2022
  • First Mortgage Loan Amount: $258,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • Previous Mortgage Transaction Date: Jan 06, 2022
  • Previous Mortgage Loan Amount: $258,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2052

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Frequently Asked Questions

What neighborhood is 201 North Gray Street located in?
The 201 North Gray Street is a located in the neighborhood of Rural-Sherman in Near Eastside, Indianapolis.
What is the average sales price for listings in 201 North Gray Street?
The average sales price for units in 201 North Gray Street is $0 currently.

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