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2308 Nowland Avenue

2308 Nowland Avenue, Indianapolis, IN 46201
Sold Dec 09, 2020
$320,000
Seller
$304,000 by Elements Financial Fcu
Mortgage
Sold Dec 17, 2018
$80,000
Buyer
Seller
2308 Nowland Avenue in Indianapolis, IN was first built in 1909 and is 115 years old. Although, the building on the property was most recently renovated and altered in 2015. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2308 Nowland Avenue has 1,920 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 basement is 960 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,470. In total, the area measurement of the land is 5,881 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 352 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2308 Nowland Avenue was last sold in Nov 30, 2020 for $320,000. According to our calculations, that's $111.11 per sqft. Prior to that sales transaction, the property was sold for $80,000 in Dec 7, 2018. Current property owners are expected to pay $4,402 in taxes per year. The property on 2308 Nowland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $358,100. To break that down further, the land itself was valued at $23,500. While improvements to the property were assessed at a total of $334,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1909
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 960
  • Garage Type: Detached
  • Garage Square Area: 352
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,881
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,880
  • Gross Building Area: 2,880
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SPADES PARK ADD SEC 1 SEC 2 SEC 3 SEC 4
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SPADES PARK L25

Ownership

  • Current Owner : MARSHALL HOLYN
  • Previous Owner : TJB LLC
  • Owner Before Previous Owner: HOLT BENNIE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352700

Geography

  • Assessors Map Reference: 2338-B1
  • District: 0001
  • Section: 310
  • Parcel: 49-07-31-214-008.000-101
  • Lot: 25
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7863
  • Longitude: -86.1224

    Address

  • Full Address: 2308 Nowland Ave
  • Address - House Number: 2308
  • Address - Street Name: Nowland
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 1250
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,400
  • Tax Year: 2022
  • Tax Amount: $4,402
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 378,395
  • High Value: 464,686
  • Low Value: 292,104

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Open Lien Mortgage Recording Date: Dec 09, 2020
  • First Open Lien Mortgage Loan Amount: $304,000
  • 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: $358,100
  • Market Land Value: $23,500
  • Market Improvement Value: $334,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,100
  • Assessed Land Value: $23,500
  • Assessed Improvements Value: $334,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 09, 2020
  • Current Sale Transaction ID: 11815731949
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000145697
  • Previous Sale Recording Date: Dec 17, 2018
  • Previous Sale Contract Date: Dec 07, 2018
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Mortgage Transaction Date: Dec 09, 2020
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Near Eastside



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Frequently Asked Questions

What neighborhood is 2308 Nowland Avenue located in?
The 2308 Nowland Avenue is a house located in the neighborhood of Near Eastside in Near Eastside, Indianapolis.
What is the average sales price for listings in 2308 Nowland Avenue?
The average sales price for units in 2308 Nowland Avenue is $0 currently.

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