See Home Value
$292,530*
Land - Off Market

2059 North Alabama Street

Indianapolis, IN 46202
bedrooms
Studio
bathrooms
0 Bath
$180,000 - $218,000
Reference Base Price*
47.00%
Since Jul 1, 2019
National-US
Primary Model
Sold Sep 16, 2020
$185,000
$500,000 by Wells Fargo Bank
Mortgage Due Apr 01, 2051
Sold Nov 13, 2019
Transfer

About This Property

Is this the one? Now is your chance to claim your spot in the ever-desirable Herron-Morton neighborhood- the opportunity the buy land in this choice historic district becomes more rare as time goes on.. Whether you love the area for it's quiet streets and tight-knit community, or for its supreme walk-ability to some of the of the city's most talked about restaurants, the location of this lot has you covered!
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,002
HOA Dues
-
Year Built
2020

Price History

Date / Event Date Event Price
Jun 7, 2019 No longer available -
No longer available
May 9, 2019 Listed $199,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Basement Type: Partial basement
  • Basement Area: 1,232
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,120
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,675
  • Gross Building Area: 3,675
  • Building Area: 3,543
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,543
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MORTON PLACE ADD
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MORTON PLACE ADD L135

Ownership

  • Current Owner : MCGIBBON BENJAMIN
  • Current Owner 2: MCGIBBON JENNIFER
  • Previous Owner : COMPENDIUM GROUP LLC
  • Owner Before Previous Owner: RIEDL MATTHEW
  • Owner Before Previous Owner 2: WEBB MELISSA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2228-D7
  • District: 0001
  • Section: 360
  • Parcel: 49-06-36-219-117.000-101
  • Lot: 135
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7955
  • Longitude: -86.152

    Address

  • Full Address: 2059 N Alabama St
  • Address - House Number: 2059
  • Street Direction: N
  • Address - Street Name: Alabama
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C042
  • 4-Digit Zip Code: 1523
  • Zip Code: 46202

Valuation

    Tax

  • Total Area: 3,675
  • Tax Year: 2022
  • Tax Amount: $8,126
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 640,167
  • High Value: 784,036
  • Low Value: 496,297

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK
  • First Open Lien Mortgage Recording Date: Mar 08, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $671,500
  • Market Land Value: $90,500
  • Market Improvement Value: $581,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $671,500
  • Assessed Land Value: $90,500
  • Assessed Improvements Value: $581,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 07, 2020
  • Current Sale Recording Date: Sep 16, 2020
  • Current Sale Transaction ID: 11795112523
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000103294
  • Previous Sale Recording Date: Nov 13, 2019
  • Previous Sale Contract Date: Nov 13, 2019
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FORUM CU
  • First Mortgage Transaction Date: Sep 16, 2020
  • First Mortgage Loan Amount: $675,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2 Baths
-
$233,500 Oct 16, 1996
$233,500 Dec 12, 1996
$208/mo
Land
Loft
-
-
$195,000 Jan 3, 2023
-
-
Condo
1 Bed
1.5 Baths
1,054 ft²
$213/ft²
$225,000 Jan 30, 2023
-
$300/mo
House
3 Beds
1 Bath
2,003 ft²
$100/ft²
$200,000 Sep 1, 2022
-
$151/mo
House
4 Beds
1.5 Baths
2,237 ft²
$93/ft²
$208,000 Jan 6, 2023
-
$413/mo

About Near Northside


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Frequently Asked Questions

When was property at 2059 North Alabama Street built and last sold?
The property at 2059 North Alabama Street was built in 2020 and last sold on Aug 7, 2020 for $185,000.
How much is this home worth?
The estimated value of the home located at 2059 North Alabama Street is $200,990.
What are some comparable homes to 2059 North Alabama Street?
There are currently no comparable homes to 2059 North Alabama Street.

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