Check Availability

2653 Foltz Street

2653 Foltz Street, Indianapolis, IN 46241
Property in Mars Hill
Sold Mar 09, 2022
$48,000
$131,250 by Kiavi Funding Inc
Mortgage
Sold Nov 10, 2021
$53,400
$42,701 by Goldsmith Martin
Mortgage
2653 Foltz Street has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 1964. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2653 Foltz Street has 690 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,184 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with stone control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 2653 Foltz Street sold most recently in Feb 28, 2022 for a total of $48,000. If you work out the math, that's approximately a cost of $69.57 per sqft. Before that, the property was also sold for $53,400 in Oct 29, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,482 in taxes each year. 2653 Foltz Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $102,000. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $97,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1959
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Stone
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,184
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 690
  • Gross Building Area: 690
  • Building Area: 690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 690
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MARS HILL
  • Land Acres: 0.119
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: MARS HILL L1316

Ownership

  • Current Owner : CAMPOS REAL ESTATE LLC
  • Previous Owner : MCNICHOLAS PROPERTIES LLC
  • Owner Before Previous Owner: SMITH JO ANN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 342300

Geography

  • Assessors Map Reference: 2444-E2
  • District: 0009
  • Section: 200
  • Parcel: 49-11-20-119-029.000-900
  • Lot: 1316
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7263
  • Longitude: -86.2296

    Address

  • Full Address: 2653 Foltz St
  • Address - House Number: 2653
  • Address - Street Name: Foltz
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C047
  • 4-Digit Zip Code: 5705
  • Zip Code: 46241

Valuation

    Tax

  • Total Area: 690
  • Tax Year: 2022
  • Tax Amount: $2,482
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.2507
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 145,201
  • High Value: 181,615
  • Low Value: 108,788

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $131,250
  • First Open Lien Mortgage Lender: KIAVI FUNDING INC
  • First Open Lien Mortgage Recording Date: Oct 20, 2022
  • First Open Lien Mortgage Loan Amount: $131,250
  • 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: $102,000
  • Market Land Value: $5,000
  • Market Improvement Value: $97,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,000
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $97,000

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 09, 2022
  • Current Sale Transaction ID: 11881841376
  • Current Sale Price: $48,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 29369
  • Previous Sale Recording Date: Nov 10, 2021
  • Previous Sale Contract Date: Oct 29, 2021
  • Previous Sale Amount: $53,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEARL FUNDING LLC
  • First Mortgage Transaction Date: Mar 09, 2022
  • First Mortgage Loan Amount: $88,600
  • First Mortgage Terms: 6
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Oct 01, 2022

    Previous Mortgages

  • Previous Mortgage Lender: GOLDSMITH MARTIN
  • Previous Mortgage Transaction Date: Nov 10, 2021
  • Previous Mortgage Loan Amount: $42,701
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Mars Hill



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2653 Foltz Street located in?
The 2653 Foltz Street is a located in the neighborhood of Mars Hill in Mars Hill, Indianapolis.
What is the average sales price for listings in 2653 Foltz Street?
The average sales price for units in 2653 Foltz Street is $0 currently.

Quantcast