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2537 Tulip Drive South

2537 Tulip Drive South, Indianapolis, IN 46227
House in Homecroft
Sold Jun 04, 2019
$285,000
$293,040 by Nationstar Mortgage Llc
Mortgage Due Jul 01, 2052
Local assessors in Indianapolis, IN have categorized 2537 Tulip Drive South as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 80,760 square feet. The linear feet between the front and back of the lot was measured at 6,730 ft and the front of the lot was measured at 1,200 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2537 Tulip Drive South has a total of 3,070 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,812 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 1,120 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with stone control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2537 Tulip Drive South was last sold in May 30, 2019 for $285,000. According to our calculations, that's $53.17 per sqft. Current property owners are expected to pay $5,253 in taxes per year. The property on 2537 Tulip Drive South was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $403,100. To break that down further, the land itself was valued at $35,400. While improvements to the property were assessed at a total of $367,700. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Stone Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Stone
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,812
  • Garage Type: Attached
  • Garage Square Area: 1,120
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 80,760
  • Lot Size Depth Feet: 6,730
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 5,360
  • Gross Building Area: 5,360
  • Building Area: 3,070
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,070
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TWIN BROOKS 2ND SEC
  • Land Acres: 1.854
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TWIN BROOKS 2ND SEC L10

Ownership

  • Current Owner : JENKINS JAMES R
  • Current Owner 2: JENKINS DEBRA S
  • Previous Owner : WOLFE MARJORIE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 381002

Geography

  • Assessors Map Reference: 2556-B3
  • District: 0005
  • Section: 8014004
  • Parcel: 49-15-08-105-051.000-500
  • Lot: 10
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6673
  • Longitude: -86.1174

    Address

  • Full Address: 2537 Tulip Dr S
  • Address - House Number: 2537
  • Street Segment Direction: S
  • Address - Street Name: Tulip
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 5173
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 3,624
  • Tax Year: 2022
  • Tax Amount: $5,253
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.1967
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 73
  • Final Value: 447,187
  • High Value: 535,155
  • Low Value: 359,218

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $293,040
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 01, 2022
  • First Open Lien Mortgage Loan Amount: $293,040
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $403,100
  • Market Land Value: $35,400
  • Market Improvement Value: $367,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,100
  • Assessed Land Value: $35,400
  • Assessed Improvements Value: $367,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 2019
  • Current Sale Recording Date: Jun 04, 2019
  • Current Sale Transaction ID: 11612203384
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900049887

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Jun 04, 2019
  • First Mortgage Loan Amount: $270,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Homecroft



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,650 /mo

  • 3 Beds
  • 2.5 Baths
Listing by Gina Morales

Frequently Asked Questions

What neighborhood is 2537 Tulip Drive South located in?
The 2537 Tulip Drive South is a house located in the neighborhood of Homecroft in Homecroft, Indianapolis.
What is the average sales price for listings in 2537 Tulip Drive South?
The average sales price for units in 2537 Tulip Drive South is $0 currently.

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