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2501 Kessler Boulevard East Drive

2501 Kessler Boulevard East Drive, Indianapolis, IN 46220
Sold Aug 11, 2021
$346,800
$277,400 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2051
Sold Oct 02, 2015
$213,900
$211,105 by Regions Bank
Mortgage Due Oct 01, 2045
2501 Kessler Boulevard East Drive in Indianapolis, IN was first built in 1943 and is 81 years old. Although, the building on the property was most recently renovated and altered in 2003. 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, 3 are bedrooms. 2501 Kessler Boulevard East Drive has 1,768 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 864 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 720 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 9,360 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 576 sqft. There are a total of 2 available parking spaces. 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 brick 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2501 Kessler Boulevard East Drive sold most recently in Aug 2, 2021 for a total of $346,800. If you work out the math, that's approximately a cost of $131.76 per sqft. Before that, the property was also sold for $213,900 in Sep 25, 2015. 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 $4,229 in taxes each year. 2501 Kessler Boulevard East Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $322,000. If we break it down further, the land itself was valued at $55,300. Improvements to the property, however, were assessed at a total of $266,700. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 864
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,360
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,632
  • Gross Building Area: 2,632
  • Building Area: 1,768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,768
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH KESSLER MANOR EXTENSION
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: NORTH KESSLER MANOR EXTENSION L417 & 27 W END L416

Ownership

  • Current Owner : HAY SAMUEL
  • Current Owner 2: HAY CAITLIN
  • Previous Owner : JOHNSON DAVID P
  • Owner Before Previous Owner: RIDDELL ROBERT G
  • Owner Before Previous Owner 2: RIDDELL CHELSEY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 321400

Geography

  • District: 0008
  • Section: 5016004
  • Parcel: 49-07-05-112-088.000-801
  • Lot: 417
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.862
  • Longitude: -86.1205

    Address

  • Full Address: 2501 Kessler Boulevard East Dr
  • Address - House Number: 2501
  • Address - Street Name: Kessler Boulevard East
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C040
  • 4-Digit Zip Code: 2868
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 2,632
  • Tax Year: 2022
  • Tax Amount: $4,229
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2195
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 408,522
  • High Value: 498,210
  • Low Value: 318,833

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $277,400
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $277,400
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $322,000
  • Market Land Value: $55,300
  • Market Improvement Value: $266,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,000
  • Assessed Land Value: $55,300
  • Assessed Improvements Value: $266,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Transaction ID: 11850697247
  • Current Sale Price: $346,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100106785
  • Previous Sale Recording Date: Oct 02, 2015
  • Previous Sale Contract Date: Sep 25, 2015
  • Previous Sale Amount: $213,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Aug 11, 2021
  • First Mortgage Loan Amount: $277,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Oct 02, 2015
  • Previous Mortgage Loan Amount: $211,105
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About Millersville



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Frequently Asked Questions

What neighborhood is 2501 Kessler Boulevard East Drive located in?
The 2501 Kessler Boulevard East Drive is a located in the neighborhood of North Kessler Manor in Millersville, Indianapolis.
What is the average sales price for listings in 2501 Kessler Boulevard East Drive?
The average sales price for units in 2501 Kessler Boulevard East Drive is $0 currently.

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