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2355 Stuart Street

2355 Stuart Street, Indianapolis, IN 46218
Sold Apr 24, 2023
$200,457
$150,720 by Fairway Independent Mtg Corp
Mortgage Due May 01, 2053
Sold Jan 07, 2021
$103,100
$82,450 by Finance Of America Mortgage
Mortgage Due Jul 01, 2022
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2355 Stuart Street 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 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 9 rooms. 7 of these rooms are legally considered as bedrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2355 Stuart Street has 1,814 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 900 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,390 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,576 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 D by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with no 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, 2355 Stuart Street sold most recently in Apr 17, 2023 for a total of $200,457. If you work out the math, that's approximately a cost of $73.86 per sqft. Before that, the property was also sold for $103,100 in Dec 15, 2020. 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 $1,883 in taxes each year. The initial year of tax delinquency occurred in 2020. 2355 Stuart Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $78,300. If we break it down further, the land itself was valued at $4,300. Improvements to the property, however, were assessed at a total of $74,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 9
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 900
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,576
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,714
  • Gross Building Area: 2,714
  • Building Area: 1,814
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,814
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: E T FLETCHERS 2ND ADD TO BRIGHTWOOD AMEN
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: E T FLETCHERS 2ND ADD TO BRIGHTWOOD L244

Ownership

  • Current Owner : ALEXANDER KELYN
  • Previous Owner : Y & B REAL ESTATE INVESTMENT GROUP LLC
  • Owner Before Previous Owner: YERGIN CIDNEY
  • Owner Before Previous Owner 2: YERGIN JOHN
  • 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: 352100

Geography

  • Assessors Map Reference: 2229-C6
  • District: 0001
  • Section: 290
  • Parcel: 49-07-29-155-244.000-101
  • Lot: 244
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8014
  • Longitude: -86.1076

    Address

  • Full Address: 2355 Stuart St
  • Address - House Number: 2355
  • Address - Street Name: Stuart
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C017
  • 4-Digit Zip Code: 3764
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 2,714
  • Tax Year: 2022
  • Tax Amount: $1,883
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 158,834
  • High Value: 199,335
  • Low Value: 118,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,720
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Apr 24, 2023
  • First Open Lien Mortgage Loan Amount: $150,720
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $78,300
  • Market Land Value: $4,300
  • Market Improvement Value: $74,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,300
  • Assessed Land Value: $4,300
  • Assessed Improvements Value: $74,000

    Sales

  • Current Sale Contract Date: Apr 17, 2023
  • Current Sale Recording Date: Apr 24, 2023
  • Current Sale Transaction ID: 11905875834
  • Current Sale Price: $200,457
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 31615
  • Previous Sale Recording Date: Jan 07, 2021
  • Previous Sale Contract Date: Dec 15, 2020
  • Previous Sale Amount: $103,100
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Apr 24, 2023
  • First Mortgage Loan Amount: $150,720
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE
  • Previous Mortgage Transaction Date: Jan 07, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $82,450
  • Previous Mortgage Term: 17
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 01, 2022

About Martindale - Brightwood



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Frequently Asked Questions

What neighborhood is 2355 Stuart Street located in?
The 2355 Stuart Street is a house located in the neighborhood of Martindale - Brightwood in Martindale - Brightwood, Indianapolis.
What is the average sales price for listings in 2355 Stuart Street?
The average sales price for units in 2355 Stuart Street is $0 currently.

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