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28 South Webster Avenue

28 South Webster Avenue, Indianapolis, IN 46219
Multifamily in Irvington
28 South Webster Avenue 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 1950 and is 74 years old. The home has a total of 5 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, 28 South Webster Avenue has 728 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 728 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 10,411 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 480 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central 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, 28 South Webster Avenue sold most recently in May 28, 2020 for a total of $129,000. If you work out the math, that's approximately a cost of $88.60 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,499 in taxes each year. 28 South Webster Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $138,200. If we break it down further, the land itself was valued at $14,600. Improvements to the property, however, were assessed at a total of $123,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Aluminum Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200116
01/16/2020
Studio
-
-
$850,000
bedrooms
Studio
bathrooms
-
$129,000 -84.82%
06/08/2020
-
Maxwell Richter

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 728
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,411
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,456
  • Gross Building Area: 1,456
  • Building Area: 728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TILFORD & THRASHERS EAST ADD
  • Land Acres: 0.239
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: TILFORD & THRASHERS EAST L39 & L40

Ownership

  • Current Owner : 33 DOORS LLC
  • Previous Owner : HEREFORD 1993 LLC
  • Owner Before Previous Owner: NEUMANN GARY S
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 360700

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2339-C3
  • District: 0007
  • Section: 2015004
  • Parcel: 49-10-02-110-047.000-701
  • Lot: 40
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7703
  • Longitude: -86.063

    Address

  • Full Address: 28 S Webster Ave
  • Address - House Number: 28
  • Street Direction: S
  • Address - Street Name: Webster
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C026
  • 4-Digit Zip Code: 6621
  • Zip Code: 46219

Valuation

    Tax

  • Total Area: 1,456
  • Tax Year: 2022
  • Tax Amount: $2,499
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 75
  • Final Value: 207,025
  • High Value: 245,207
  • Low Value: 168,843

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,225,500
  • First Open Lien Mortgage Lender: GRANT COUNTY STATE BANK
  • First Open Lien Mortgage Recording Date: Jul 01, 2022
  • First Open Lien Mortgage Loan Amount: $1,225,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 24, 2042

    Market Valuation

  • Market Total Value: $138,200
  • Market Land Value: $14,600
  • Market Improvement Value: $123,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,200
  • Assessed Land Value: $14,600
  • Assessed Improvements Value: $123,600

    Sales

  • Current Sale Contract Date: May 28, 2020
  • Current Sale Recording Date: Jun 08, 2020
  • Current Sale Transaction ID: 11769579362
  • Current Sale Price: $129,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000057143
  • Previous Sale Recording Date: Aug 02, 2017
  • Previous Sale Contract Date: Jul 27, 2017
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HEREFORD 1993 LLC
  • First Mortgage Transaction Date: Jun 08, 2020
  • First Mortgage Loan Amount: $103,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Irvington



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Nearby Rentals

Unit for rent at

$1,650 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,856 ft²
Listing by Manager
Unit for rent at

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,394 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 28 South Webster Avenue located in?
The 28 South Webster Avenue is a multifamily located in the neighborhood of Irvington in Irvington, Indianapolis.
What is the average sales price for listings in 28 South Webster Avenue?
The average sales price for units in 28 South Webster Avenue is $69,900 currently.

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