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256 West Elbert Street

256 West Elbert Street, Indianapolis, IN 46217
Property in Southdale
Sold Apr 27, 2020
$126,900
$101,500 by Gateway Mortgage Corp
Mortgage
Sold Jan 13, 2014
Transfer
256 West Elbert Street in Indianapolis, IN was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 2022. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 256 West Elbert Street has 1,416 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. In total, the area measurement of the land is 20,909 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. The roof of the home is made of asphalt. Water for the property is sourced from a water system. For those who need parking, there is a detached garage. The garage is 720 sqft. There are a total of 3 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 masonry 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, 256 West Elbert Street was last sold in Apr 20, 2020 for $126,900. According to our calculations, that's $89.62 per sqft. Current property owners are expected to pay $1,978 in taxes per year. The property on 256 West Elbert Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $162,500. To break that down further, the land itself was valued at $17,100. While improvements to the property were assessed at a total of $145,400. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 1,416
  • Gross Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: 100FT SL X 212.4FT BEG 2181.98FT W OF EL & 440FTN OF SE1/4 S35 T15 R3 0.48AC

Ownership

  • Current Owner : GRUBBS STEVEN D
  • Current Owner 2: GRUBBS LAURA M
  • Previous Owner : GRUBBS STEVEN D
  • Owner Before Previous Owner: GARY ELLIS N
  • Owner Before Previous Owner 2: GARY KELLI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380600

Geography

  • Assessors Map Reference: 2446-B6
  • Parcel: 49-11-35-101-009.000-500
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6945
  • Longitude: -86.1662

    Address

  • Full Address: 256 W Elbert St
  • Address - House Number: 256
  • Street Direction: W
  • Address - Street Name: Elbert
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C001
  • 4-Digit Zip Code: 3418
  • Zip Code: 46217

Valuation

    Tax

  • Total Area: 1,416
  • Tax Year: 2022
  • Tax Amount: $1,978
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2466
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 236,787
  • High Value: 295,188
  • Low Value: 178,387

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,500
  • First Open Lien Mortgage Lender: GATEWAY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 27, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $101,500
  • 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: $162,500
  • Market Land Value: $17,100
  • Market Improvement Value: $145,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,500
  • Assessed Land Value: $17,100
  • Assessed Improvements Value: $145,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 2020
  • Current Sale Recording Date: Apr 27, 2020
  • Current Sale Transaction ID: 11760007207
  • Current Sale Price: $126,900
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: A202000042134
  • Previous Sale Recording Date: Jan 13, 2014
  • Previous Sale Contract Date: Nov 22, 2013
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 27, 2020
  • First Mortgage Loan Amount: $101,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Southdale



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Frequently Asked Questions

What neighborhood is 256 West Elbert Street located in?
The 256 West Elbert Street is a located in the neighborhood of Southdale in Southdale, Indianapolis.
What is the average sales price for listings in 256 West Elbert Street?
The average sales price for units in 256 West Elbert Street is $0 currently.

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