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221 Miley Avenue

221 Miley Avenue, Indianapolis, IN 46222
Sold Feb 07, 2022
$110,000
$88,000 by Ruoff Mortgage Company Inc
Mortgage Due Feb 01, 2052
Sold Oct 23, 2017
$65,000
$721,000 by Central Bank & Trust
Mortgage
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221 Miley 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 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 2016. The home has a total of 7 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, 221 Miley Avenue has 990 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 900 ft and across the front of the lot is 1,190 ft. The area measurement of the land has been determined as 10,716 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. 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, 221 Miley Avenue sold most recently in Jan 28, 2022 for a total of $110,000. If you work out the math, that's approximately a cost of $111.11 per sqft. Before that, the property was also sold for $65,000 in Oct 4, 2017. 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 $922 in taxes each year. The initial year of tax delinquency occurred in 2020. 221 Miley Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $112,200. If we break it down further, the land itself was valued at $7,000. Improvements to the property, however, were assessed at a total of $105,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,716
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 990
  • Gross Building Area: 990
  • Building Area: 990
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 990
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MC CORMICKS SUB OL17 WEST OF WHITE RIVER
  • Land Acres: 0.246
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MC CORMICKS HRS SUB W W R L33 OL17 & L32 OL17

Ownership

  • Current Owner : HUGHES ANNA M
  • Current Owner 2: HARDER PATRICK J
  • Previous Owner : SEAN MIDDLETON
  • Owner Before Previous Owner: STARKS KATHERINE M
  • Owner Before Previous Owner 2: MCCANN CHIP A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 356400

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2336-D3
  • Parcel: 49-11-03-120-006.000-101
  • Lot: 33,32
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7697
  • Longitude: -86.1924

    Address

  • Full Address: 221 Miley Ave
  • Address - House Number: 221
  • Address - Street Name: Miley
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C012
  • 4-Digit Zip Code: 4340
  • Zip Code: 46222

Valuation

    Tax

  • Total Area: 990
  • Tax Year: 2022
  • Tax Amount: $922
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 75,550
  • High Value: 109,910
  • Low Value: 41,189

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,000
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Feb 07, 2022
  • First Open Lien Mortgage Loan Amount: $88,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $112,200
  • Market Land Value: $7,000
  • Market Improvement Value: $105,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,200
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $105,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Feb 07, 2022
  • Current Sale Transaction ID: 11879529007
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15860
  • Previous Sale Recording Date: Oct 23, 2017
  • Previous Sale Contract Date: Oct 04, 2017
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Feb 07, 2022
  • First Mortgage Loan Amount: $88,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CENTRAL BANK & TRUST
  • Previous Mortgage Transaction Date: Oct 23, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $721,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 221 Miley Avenue located in?
The 221 Miley Avenue is a house located in the neighborhood of Near Westside in Near Westside, Indianapolis.
What is the average sales price for listings in 221 Miley Avenue?
The average sales price for units in 221 Miley Avenue is $0 currently.

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