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2040 North Park Avenue

2040 North Park Avenue, Indianapolis, IN 46202
Multifamily in Near Northside
Nearby Listings
The property has no active listings. Please see other similar options below.
Unit for sale at 2153 North PARK Avenue, Indianapolis, IN 46202

$490,000

  • 3 Beds
  • 4 Baths
  • 3,036 ft²
2153 North PARK Avenue, Indianapolis, IN 46202 Listing by Wendy Zhang

Unit for sale at 2010 Carrollton Avenue, Indianapolis, IN 46202

$567,000

  • 3 Beds
  • 2.5 Baths
  • 3,200 ft²
2010 Carrollton Avenue, Indianapolis, IN 46202 Listing by Zach Syrus

Unit for sale at 2139 North New Jersey Street, Indianapolis, IN 46202

$138,000

  • Land
2139 North New Jersey Street, Indianapolis, IN 46202 Listing by Zachary Williams

Local assessors in Indianapolis, IN have categorized 2040 North Park Avenue as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 5,140 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 380 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 5 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 are also 2 partial bathrooms. 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 2040 North Park Avenue has a total of 1,618 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 unknown that is 384 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 good. 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. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2040 North Park Avenue was last sold in Aug 2, 2023 for $385,955. According to our calculations, that's $139.28 per sqft. Prior to that sales transaction, the property was sold for $185,000 in Oct 14, 2019. Current property owners are expected to pay $7,672 in taxes per year. The property on 2040 North Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $332,300. To break that down further, the land itself was valued at $68,500. While improvements to the property were assessed at a total of $263,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding Wood Exterior

Parking

On-Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190724
07/24/2019
Studio
-
-
$249,900
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 384
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,140
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 380
  • Total Building Area: 2,771
  • Gross Building Area: 2,771
  • Building Area: 1,618
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,618
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BELLS W A SUB JOHNSON HEIRS ADD
  • Land Acres: 0.118
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: W A BELLS SUB JOHNSON HEIRS ADD L10

Ownership

  • Current Owner : TAYLOR BRANDI JO
  • Current Owner 2: TAYLOR JOHN
  • Previous Owner : REDEMPTION HOMES TRUST
  • Owner Before Previous Owner: PHASE I INVESTMENTS LLC

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 390900

Geography

  • Assessors Map Reference: 2228-D7
  • Parcel: 49-06-36-150-013.000-101
  • Lot: 10
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.795
  • Longitude: -86.1475

    Address

  • Full Address: 2040 N Park Ave
  • Address - House Number: 2040
  • Street Direction: N
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C044
  • 4-Digit Zip Code: 1746
  • Zip Code: 46202

Valuation

    Tax

  • Total Area: 2,771
  • Tax Year: 2022
  • Tax Amount: $7,672
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2322
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 381,192
  • High Value: 469,736
  • Low Value: 292,649

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,192
  • First Open Lien Mortgage Lender: DEEPHAVEN MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 09, 2023
  • First Open Lien Mortgage Loan Amount: $290,192
  • 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: $332,300
  • Market Land Value: $68,500
  • Market Improvement Value: $263,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,300
  • Assessed Land Value: $68,500
  • Assessed Improvements Value: $263,800

    Sales

  • Current Sale Contract Date: Aug 02, 2023
  • Current Sale Recording Date: Aug 09, 2023
  • Current Sale Transaction ID: 11911100876
  • Current Sale Price: $385,955
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 65692
  • Previous Sale Recording Date: Dec 13, 2019
  • Previous Sale Contract Date: Oct 14, 2019
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DEEPHAVEN MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 09, 2023
  • First Mortgage Loan Amount: $290,192
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

About Near Northside



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Nearby Rentals

Unit for rent at

$1,525 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
Listing by Maxwell Richter
Unit for rent at

$1,730 /mo

  • 3 Beds
  • 2 Baths
  • 2,074 ft²
Listing by Maxwell Richter
Unit for rent at

$1,740 /mo

  • 1 Bed
  • 1 Bath
  • 818 ft²
Listing by Ardmore
Unit for rent at

$1,700 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,167 ft²
Listing by Manager
Unit for rent at

$1,600 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,200 ft²
Listing by Manager
Unit for rent at

$1,795 /mo

  • 4 Beds
  • 2 Baths
  • 1,668 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 2040 North Park Avenue located in?
The 2040 North Park Avenue is a multifamily located in the neighborhood of Near Northside in Near Northside, Indianapolis.
What is the average sales price for listings in 2040 North Park Avenue?
The average sales price for units in 2040 North Park Avenue is $0 currently.

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