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2727 South Capitol Avenue

2727 South Capitol Avenue, Indianapolis, IN 46225
Sold Oct 20, 2023
$246,382
$185,250 by Fairway Independent Mtg Corp
Mortgage Due Nov 01, 2053
Sold Sep 11, 2018
$174,900
$180,671 by Fairway Independent Mtg Corp
Mortgage Due Sep 01, 2048
2727 South Capitol Avenue in Indianapolis, IN was first built in 1960 and is 64 years old. Although, the building on the property was most recently renovated and altered in 1984. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2727 South Capitol Avenue has 1,664 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. The basement is 1,664 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 1,230 ft and the linear feet between the front and back of the lot is 1,320. In total, the area measurement of the land is 16,248 square feet.

Learn more about the property and building on this page. 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. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 792 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 frame 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 13, 2023 for $246,382. That's $59.80 per sqft. Prior to that sales transaction, the property was also sold in Aug 22, 2018 for $174,900. 2727 South Capitol Avenue was last assessed in 2023. The total value of the property was assessed at $249,600. Specifically, the land the property is located on was valued at $22,800. While improvements on the property were assessed at a total of $226,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,016. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,664
  • Garage Type: Attached
  • Garage Square Area: 792
  • Parking Space Count: 3
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 16,248
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 1,230
  • Total Building Area: 4,120
  • Gross Building Area: 4,120
  • Building Area: 1,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,664
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SECTION 23 TOWNSHIP 15 R 03
  • Land Acres: 0.373
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: 123.3FT X 131.97FT BEG GIMBER & CAPITOL AVES23 T15 R3 SE1/4 .37AC

Ownership

  • Current Owner : HUNT STACIA LYNN
  • Previous Owner : WAGER MICHAEL LEE
  • Owner Before Previous Owner: STEGEMOLLER DUANE W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 358000

Geography

  • Assessors Map Reference: 2446-C2
  • District: 0001
  • Section: 230
  • Parcel: 49-11-23-119-004.000-101
  • Meridian: SEC 23 TWN 15 RNG 3
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7278
  • Longitude: -86.1609

    Address

  • Full Address: 2727 S Capitol Ave
  • Address - House Number: 2727
  • Street Direction: S
  • Address - Street Name: Capitol
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C018
  • 4-Digit Zip Code: 2212
  • Zip Code: 46225

Valuation

    Tax

  • Total Area: 3,328
  • Tax Year: 2022
  • Tax Amount: $3,016
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 269,704
  • High Value: 334,788
  • Low Value: 204,621

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,250
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Oct 20, 2023
  • First Open Lien Mortgage Loan Amount: $185,250
  • 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: Nov 01, 2053

    Market Valuation

  • Market Total Value: $249,600
  • Market Land Value: $22,800
  • Market Improvement Value: $226,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,600
  • Assessed Land Value: $22,800
  • Assessed Improvements Value: $226,800

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Transaction ID: 11915065349
  • Current Sale Price: $246,382
  • Current Sale Document Type: Affidavit
  • Current Sale Input Document Number: 87710
  • Previous Sale Recording Date: Sep 11, 2018
  • Previous Sale Contract Date: Aug 22, 2018
  • Previous Sale Amount: $174,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Oct 20, 2023
  • First Mortgage Loan Amount: $185,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • Previous Mortgage Transaction Date: Sep 11, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $180,671
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2048

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Frequently Asked Questions

What neighborhood is 2727 South Capitol Avenue located in?
The 2727 South Capitol Avenue is a house located in the neighborhood of Garfield Park in Garfield Park, Indianapolis.
What is the average sales price for listings in 2727 South Capitol Avenue?
The average sales price for units in 2727 South Capitol Avenue is $0 currently.

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