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2242 North Leland Avenue

2242 North Leland Avenue, Indianapolis, IN 46218
Multifamily in Eastside
Sold Sep 10, 2020
$134,000
$107,200 by Purdue Fcu
Mortgage
Sold May 04, 2005
$71,700
$57,350 by National City Mortgage
Mortgage Due May 01, 2035
2242 North Leland 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 1964 and is 60 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2242 North Leland Avenue has 768 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. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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 brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D 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 Sep 4, 2020 for $134,000. That's $174.48 per sqft. Prior to that sales transaction, the property was also sold in Apr 14, 2004 for $71,700. 2242 North Leland Avenue was last assessed in 2023. The total value of the property was assessed at $109,100. Specifically, the land the property is located on was valued at $10,500. While improvements on the property were assessed at a total of $98,600. 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 $1,958. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Brick
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • 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: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 768
  • 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: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: EMERSON GARDENS L52

Ownership

  • Current Owner : CONAVA PROPERTIES LLC
  • Previous Owner : SPIVEY DAVID M
  • Owner Before Previous Owner: SPLVEY DONALD L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2230-A6
  • District: 0007
  • Section: 270
  • Parcel: 49-07-27-102-049.000-701
  • Lot: 52
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7993
  • Longitude: -86.0824

    Address

  • Full Address: 2242 N Leland Ave
  • Address - House Number: 2242
  • Street Direction: N
  • Address - Street Name: Leland
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 3922
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 768
  • Tax Year: 2022
  • Tax Amount: $1,958
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 165,704
  • High Value: 202,944
  • Low Value: 128,464

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $107,200
  • First Open Lien Mortgage Lender: PURDUE FCU
  • First Open Lien Mortgage Recording Date: Sep 10, 2020
  • First Open Lien Mortgage Loan Amount: $107,200
  • 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: $109,100
  • Market Land Value: $10,500
  • Market Improvement Value: $98,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,100
  • Assessed Land Value: $10,500
  • Assessed Improvements Value: $98,600

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 10, 2020
  • Current Sale Transaction ID: 11793029407
  • Current Sale Price: $134,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000100229
  • Previous Sale Recording Date: May 04, 2005
  • Previous Sale Contract Date: Apr 14, 2004
  • Previous Sale Amount: $71,700
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: PURDUE FCU
  • First Mortgage Transaction Date: Sep 10, 2020
  • First Mortgage Loan Amount: $107,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MORTGAGE
  • Previous Mortgage Transaction Date: May 04, 2005
  • Previous Mortgage Loan Amount: $57,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2035

About Eastside



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Frequently Asked Questions

What neighborhood is 2242 North Leland Avenue located in?
The 2242 North Leland Avenue is a multifamily located in the neighborhood of Eastside in Eastside, Indianapolis.
What is the average sales price for listings in 2242 North Leland Avenue?
The average sales price for units in 2242 North Leland Avenue is $0 currently.

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