See Home Value
$422,248*
House - Off Market

2542 N New Jersey Street

Indianapolis, IN 46205
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2887 Sqft
$378,000 - $460,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
Sold May 10, 2023
$400,000
$320,000 by Horizon Bank
Mortgage Due Jun 01, 2053
Sold Mar 29, 2019
$350,000
$200,000 by Cu Members Mortgage
Mortgage

About This Property

Welcome home to Fall Creek Place! This home is so inviting. Once inside youall find hardwood floors, large rooms, and a plethora of natural light. On the main floor youall love the dedicated dining room, eat in kitchen, and large living rooms.  Upstairs youall find the primary suite with flex space previously used as office. In the basement there is plenty of storage and potential to finish to your desires. The deck overlooks a fully fenced yard with raised garden beds and a 2 car garage. The home is perfectly located within walking distance to restaurants, parks, schools, and just minutes from downtown Indy.

The manager has listed the unit size as 2887 square feet.
Unit Size
2,887Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$145
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1999

Price History

Date / Event Date Event Price
May 10, 2023 No longer available -
No longer available
May 10, 2023 Sold to Jaime Perry, Justin Perry $425,600
Sold to Jaime Perry, Justin Perry
Apr 9, 2023 In contract -
In contract
Feb 4, 2023 Price Decreased $419,000
↓ $20K (4.6%)
Price Decreased
Jan 3, 2023 Price Decreased $439,000
↓ $11K (2.4%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,103
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,318
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 550
  • Total Building Area: 3,853
  • Gross Building Area: 3,853
  • Building Area: 2,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FALL CREEK PROPER
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FALL CREEK PROPER L28

Ownership

  • Current Owner : PERRY JUSTIN
  • Current Owner 2: PERRY JAIME
  • Previous Owner : MONJE PAULA V
  • Owner Before Previous Owner: EST CONDON RAYMOND T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 351600

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2228-D5
  • District: 0001
  • Section: 250
  • Parcel: 49-06-25-186-037.020-101
  • Lot: 28
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.804
  • Longitude: -86.151

    Address

  • Full Address: 2542 N New Jersey St
  • Address - House Number: 2542
  • Street Direction: N
  • Address - Street Name: New Jersey
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C026
  • 4-Digit Zip Code: 4229
  • Zip Code: 46205

Valuation

    Tax

  • Total Area: 3,853
  • Tax Year: 2022
  • Tax Amount: $5,480
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 485,276
  • High Value: 594,289
  • Low Value: 376,264

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: HORIZON BANK
  • First Open Lien Mortgage Recording Date: May 10, 2023
  • First Open Lien Mortgage Loan Amount: $320,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $500,500
  • Market Land Value: $88,000
  • Market Improvement Value: $412,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $500,500
  • Assessed Land Value: $88,000
  • Assessed Improvements Value: $412,500

    Sales

  • Current Sale Contract Date: May 03, 2023
  • Current Sale Recording Date: May 10, 2023
  • Current Sale Transaction ID: 11906530311
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 36876
  • Previous Sale Recording Date: Mar 29, 2019
  • Previous Sale Contract Date: Mar 25, 2019
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: HORIZON BANK
  • First Mortgage Transaction Date: May 10, 2023
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CU MEMBERS MORTGAGE
  • Previous Mortgage Transaction Date: Mar 29, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
-
$481,000 Jan 7, 2004
$481,000 May 28, 2004
$553/mo
House
3 Beds
2.5 Baths
2,520 ft²
$190/ft²
$479,900 Nov 19, 2022
-
$5/mo
House
3 Beds
2.5 Baths
2,200 ft²
$205/ft²
$449,900 Oct 8, 2022
-
$5/mo
House
3 Beds
2.5 Baths
2,184 ft²
$155/ft²
$339,000 Mar 8, 2023
-
-
House
4 Beds
3.5 Baths
2,871 ft²
$139/ft²
$400,000 Mar 24, 2023
-
-
House
3 Beds
2 Baths
1,303 ft²
$303/ft²
$395,000 Apr 7, 2023
-
$180/mo
House
4 Beds
3 Baths
2,810 ft²
$132/ft²
$370,000 Apr 7, 2023
-
-
House
4 Beds
2.5 Baths
2,507 ft²
$185/ft²
$465,000 Feb 17, 2023
-
-
House
4 Beds
3.5 Baths
3,051 ft²
$147/ft²
$449,500 Mar 28, 2023
-
-
House
4 Beds
2.5 Baths
3,358 ft²
$119/ft²
$399,000 Mar 24, 2023
-
-
House
4 Beds
2 Baths
2,356 ft²
$166/ft²
$390,000 Mar 28, 2023
-
-
House
4 Beds
5 Baths
1,934 ft²
$178/ft²
$345,000 Feb 2, 2023
-
-

About Near Northside


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Nearby Rentals



Frequently Asked Questions

When was property at 2542 North New Jersey Street built and last sold?
The property at 2542 North New Jersey Street was built in 1999 and last sold on May 3, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 2542 North New Jersey Street is $499,612.
What are some comparable homes to 2542 North New Jersey Street?
Homes that are comparable to 2542 North New Jersey Street include a house property at 2822 North New Jersey Street, 2238 North Talbott Street, 3058 Ruckle Street.

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