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2136 North Drexel Avenue

2136 North Drexel Avenue, Indianapolis, IN 46218
Property in Near Eastside
Sold Sep 22, 2023
$136,591
$102,700 by United Wholesale Mortgage Llc
Mortgage Due Oct 01, 2053
Sold Apr 12, 2022
$85,000
$98,090 by Trident Realty Investments Llc
Mortgage Due Nov 01, 2022
2136 North Drexel Avenue in Indianapolis, IN was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 1965. 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. 2136 North Drexel Avenue has 872 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 linear feet across the front of the lot is 450 ft and the linear feet between the front and back of the lot is 1,360. In total, the area measurement of the land is 6,098 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 detached garage. The garage is 260 sqft. There is one available parking space. 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 concrete block 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 fair. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2136 North Drexel Avenue sold most recently in Sep 15, 2023 for a total of $136,591. If you work out the math, that's approximately a cost of $156.64 per sqft. Before that, the property was also sold for $85,000 in Mar 25, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,758 in taxes each year. The initial year of tax delinquency occurred in 2021. 2136 North Drexel Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $68,400. If we break it down further, the land itself was valued at $5,200. Improvements to the property, however, were assessed at a total of $63,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can 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: 1920
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Concrete block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 260
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 450
  • Total Building Area: 872
  • Gross Building Area: 872
  • Building Area: 872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOME LAWN ADD
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HOME LAWN ADD L36

Ownership

  • Current Owner : PADGETT QUINN I
  • Previous Owner : TSORVAS NIKOLAOS
  • Owner Before Previous Owner: MY BRICKS AND STICKS LLC
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352400

Geography

  • Assessors Map Reference: 2229-E6
  • District: 0001
  • Section: 280
  • Parcel: 49-07-28-118-032.000-101
  • Lot: 36
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7973
  • Longitude: -86.0919

    Address

  • Full Address: 2136 N Drexel Ave
  • Address - House Number: 2136
  • Street Direction: N
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 3840
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 872
  • Tax Year: 2022
  • Tax Amount: $1,758
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 117,434
  • High Value: 136,644
  • Low Value: 98,225

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $102,700
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 22, 2023
  • First Open Lien Mortgage Loan Amount: $102,700
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $68,400
  • Market Land Value: $5,200
  • Market Improvement Value: $63,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,400
  • Assessed Land Value: $5,200
  • Assessed Improvements Value: $63,200

    Sales

  • Current Sale Contract Date: Sep 15, 2023
  • Current Sale Recording Date: Sep 22, 2023
  • Current Sale Transaction ID: 11913699866
  • Current Sale Price: $136,591
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 79823
  • Previous Sale Recording Date: Apr 12, 2022
  • Previous Sale Contract Date: Mar 25, 2022
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 22, 2023
  • First Mortgage Loan Amount: $102,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: TRIDENT REALTY INVESTMENTS LLC
  • Previous Mortgage Transaction Date: Apr 12, 2022
  • Previous Mortgage Loan Amount: $98,090
  • Previous Mortgage Term: 6
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Nov 01, 2022

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Frequently Asked Questions

What neighborhood is 2136 North Drexel Avenue located in?
The 2136 North Drexel Avenue is a located in the neighborhood of Near Eastside in Near Eastside, Indianapolis.
What is the average sales price for listings in 2136 North Drexel Avenue?
The average sales price for units in 2136 North Drexel Avenue is $0 currently.

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