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2048 North Moreland Avenue

2048 North Moreland Avenue, Indianapolis, IN 46222
Sold May 18, 2020
$100,000
$95,000 by Federal Savings Bank
Mortgage
Sold Jan 08, 2020
Transfer
2048 North Moreland Avenue in Indianapolis, IN was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1998. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. 2048 North Moreland Avenue has 900 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 900 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 710 ft and the linear feet between the front and back of the lot is 1,740. In total, the area measurement of the land is 12,371 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in May 8, 2020 for $100,000. That's $45.45 per sqft. 2048 North Moreland Avenue was last assessed in 2023. The total value of the property was assessed at $134,700. Specifically, the land the property is located on was valued at $3,900. While improvements on the property were assessed at a total of $130,800. 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 $1,670. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 900
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,371
  • Lot Size Depth Feet: 1,740
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,200
  • Gross Building Area: 2,200
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KESSLER-TIBBS ADDITION
  • Land Acres: 0.284
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: KESSLER TIBBS ADD L63

Ownership

  • Current Owner : RODRIGUEZ MARIA
  • Previous Owner : 2048 MORELAND LAND TRUST
  • Owner Before Previous Owner: PENNYMAC LOAN SERVICES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 340600

Geography

  • Assessors Map Reference: 2227-B7
  • District: 0009
  • Section: 330
  • Parcel: 49-06-33-107-061.000-901
  • Lot: 63
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7948
  • Longitude: -86.2149

    Address

  • Full Address: 2048 N Moreland Ave
  • Address - House Number: 2048
  • Street Direction: N
  • Address - Street Name: Moreland
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 4832
  • Zip Code: 46222

Valuation

    Tax

  • Total Area: 1,800
  • Tax Year: 2022
  • Tax Amount: $1,670
  • Tax Rate Code Area: 901

    Appraisal Valuation

  • Standard Deviation: 0.2429
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 201,689
  • High Value: 250,691
  • Low Value: 152,687

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,000
  • First Open Lien Mortgage Lender: FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: May 18, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $95,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $134,700
  • Market Land Value: $3,900
  • Market Improvement Value: $130,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,700
  • Assessed Land Value: $3,900
  • Assessed Improvements Value: $130,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 08, 2020
  • Current Sale Recording Date: May 18, 2020
  • Current Sale Transaction ID: 11762056860
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000049464
  • Previous Sale Recording Date: Jan 08, 2020
  • Previous Sale Contract Date: Jan 02, 2020
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: May 18, 2020
  • First Mortgage Loan Amount: $95,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 2048 North Moreland Avenue located in?
The 2048 North Moreland Avenue is a house located in the neighborhood of Venerable Flackville in Eagledale, Indianapolis.
What is the average sales price for listings in 2048 North Moreland Avenue?
The average sales price for units in 2048 North Moreland Avenue is $0 currently.

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