See Home Value
$90,000 - $100,000
House - Off Market

2631 Adams Street

Indianapolis, IN 46218
bedrooms
2 Beds
bathrooms
1 Bath
square feet
811 Sqft
Sold Oct 08, 2020
$48,500
$2,000 by The Union Savings Bank
Mortgage Due Jan 01, 2028
Sold Jan 11, 2018
$3,500
Buyer

About This Property

Looking to make home ownership more affordable? This home qualifies for a loan program and $5000 grant thru Key Bank. The loan program requires no down payment and no private mortgage insurance, and the $5000 grant can be combined with the loan program to help cover closing costs, prepaids, or points to buy down your interest rate!  Check out this wildlife refuge in the middle of the city!  This front yard boasts hundreds of perennials and attracts butterflies and birds galore. Inside, this home was remodeled just over 3 years ago. Home has refinished hardwoods throughout the living room and bedrooms. Tiled bath that fits nicely in between the two bedrooms Jack and Jill style. Updated kitchen. Huge basement with plenty of room for storage and extras. All new electrical with 200 amp service, All new pex plumbing throughout, newer waste lines, refinished hardwoods, HVAC, roof, exterior. So whether you are looking for a primary residence or a rental, you will not want to wait long for this one. Grant and loan options are only available if the home is used as a primary residence.

The manager has listed the unit size as 811 square feet.
Unit Size
811Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$113
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Apr 15, 2024 No longer available -
No longer available
Jan 30, 2024 In contract -
In contract
Jan 24, 2024 Price Decreased $92,000
↓ $7K (7.1%)
Price Decreased
Dec 6, 2023 Relisted $99,000
Relisted
Nov 21, 2023 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 576
  • Garage Type: Detached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,704
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LENOX PLACE ADD SEC 2
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LENOX PLACE 2ND SEC L343

Ownership

  • Current Owner : MARTIN KIMBERLY S
  • Previous Owner : SALL WAYNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352100

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2229-C5
  • District: 0001
  • Section: 290
  • Parcel: 49-07-29-135-058.000-101
  • Lot: 343
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8054
  • Longitude: -86.1095

    Address

  • Full Address: 2631 Adams St
  • Address - House Number: 2631
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C027
  • 4-Digit Zip Code: 2977
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 1,248
  • Tax Year: 2022
  • Tax Amount: $514
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 126,589
  • High Value: 147,296
  • Low Value: 105,882

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000
  • First Open Lien Mortgage Lender: THE UNION SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Mar 22, 2023
  • First Open Lien Mortgage Loan Amount: $2,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2028

    Market Valuation

  • Market Total Value: $59,300
  • Market Land Value: $4,600
  • Market Improvement Value: $54,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,300
  • Assessed Land Value: $4,600
  • Assessed Improvements Value: $54,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 02, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Transaction ID: 11804737326
  • Current Sale Price: $48,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000114629
  • Previous Sale Recording Date: Jan 11, 2018
  • Previous Sale Amount: $3,500
  • Previous Sale Document Type: Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
720 ft²
$139/ft²
$100,000 Jan 18, 2024
-
-
House
3 Beds
1 Bath
1,168 ft²
$94/ft²
$109,900 Aug 16, 2023
-
-
House
3 Beds
1 Bath
1,509 ft²
$56/ft²
$85,000 Dec 19, 2023
-
-
Multifamily
Stu
-
-
$110,000 Jan 26, 2024
-
-
Multifamily
Stu
-
-
$110,000 Jan 26, 2024
-
-

About Martindale - Brightwood


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Frequently Asked Questions

When was property at 2631 Adams Street built and last sold?
The property at 2631 Adams Street was built in 1930 and last sold on Oct 2, 2020 for $48,500.
How much is this home worth?
The estimated value of the home located at 2631 Adams Street is $93,501.
What are some comparable homes to 2631 Adams Street?
There are currently no comparable homes to 2631 Adams Street.

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