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2131 North Spencer Avenue

2131 North Spencer Avenue, Indianapolis, IN 46218
House in Eastside
Sold May 23, 2019
$119,000
$119,000 by First Merchants Bank Na
Mortgage
Sold Jan 24, 2005
$72,000
$57,600 by Fimi Inc
Mortgage Due Feb 01, 2020
2131 North Spencer Avenue has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1971 and is 53 years old. However, we must point out that the home was most recently renovated and altered in 2019. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2131 North Spencer Avenue has 1,272 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,330 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,314 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in May 10, 2019 for $119,000. That's $93.55 per sqft. Prior to that sales transaction, the property was also sold in Jan 11, 2005 for $72,000. 2131 North Spencer Avenue was last assessed in 2023. The total value of the property was assessed at $149,200. Specifically, the land the property is located on was valued at $10,500. While improvements on the property were assessed at a total of $138,700. 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 $1,572. 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.

Building Features

Exterior

Vinyl Siding

Parking

Parking Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,314
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EMERSON GARDENS
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: EMERSON GARDENS L135

Ownership

  • Current Owner : CROMPTON CANDACE
  • Previous Owner : GALYAN REAL ESTATE LLC
  • Owner Before Previous Owner: TUNNAH CHRISTOPHER E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 360101

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2230-A6
  • District: 0007
  • Section: 270
  • Parcel: 49-07-27-102-147.000-701
  • Lot: 135
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7973
  • Longitude: -86.0807

    Address

  • Full Address: 2131 N Spencer Ave
  • Address - House Number: 2131
  • Street Direction: N
  • Address - Street Name: Spencer
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 3927
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 1,272
  • Tax Year: 2022
  • Tax Amount: $1,572
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 209,161
  • High Value: 257,325
  • Low Value: 160,998

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,000
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Open Lien Mortgage Recording Date: May 23, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $119,000
  • 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: $149,200
  • Market Land Value: $10,500
  • Market Improvement Value: $138,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,200
  • Assessed Land Value: $10,500
  • Assessed Improvements Value: $138,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2019
  • Current Sale Recording Date: May 23, 2019
  • Current Sale Transaction ID: 11610446667
  • Current Sale Price: $119,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900046088
  • Previous Sale Recording Date: Jan 24, 2005
  • Previous Sale Contract Date: Jan 11, 2005
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Mortgage Transaction Date: May 23, 2019
  • First Mortgage Loan Amount: $119,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIMI INC
  • Previous Mortgage Transaction Date: Jan 24, 2005
  • Previous Mortgage Loan Amount: $57,600
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2020

About Eastside



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Frequently Asked Questions

What neighborhood is 2131 North Spencer Avenue located in?
The 2131 North Spencer Avenue is a house located in the neighborhood of Eastside in Eastside, Indianapolis.
What is the average sales price for listings in 2131 North Spencer Avenue?
The average sales price for units in 2131 North Spencer Avenue is $0 currently.

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