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2848 North Arlington Avenue

2848 North Arlington Avenue, Indianapolis, IN 46218
Sold Nov 28, 2018
$115,000
$115,807 by Caliber Home Loans Inc
Mortgage Due Oct 01, 2051
Sold Nov 17, 2018
$115,000
Local assessors in Indianapolis, IN have categorized 2848 North Arlington Avenue as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 32,844 square feet. The linear feet between the front and back of the lot was measured at 3,100 ft and the front of the lot was measured at 1,060 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2848 North Arlington Avenue has a total of 1,266 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 714 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 384 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 17, 2018 for $115,000. That's $58.08 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $115,000. 2848 North Arlington Avenue was last assessed in 2023. The total value of the property was assessed at $96,100. Specifically, the land the property is located on was valued at $22,800. While improvements on the property were assessed at a total of $73,300. 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 $954. 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. 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: 1925
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 714
  • Garage Type: Detached
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 32,844
  • Lot Size Depth Feet: 3,100
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 1,980
  • Gross Building Area: 1,980
  • Building Area: 1,266
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,266
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FORREST ACRES
  • Land Acres: 0.754
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FORREST ACRES L7

Ownership

  • Current Owner : SULLIVAN PHILIP E
  • Current Owner 2: CRAIG DIANNA LYNE
  • Previous Owner : HAYS DONNA M
  • Owner Before Previous Owner: HAYS DONNA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 360101

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2230-C5
  • District: 0007
  • Section: 270
  • Parcel: 49-07-27-110-007.000-701
  • Lot: 7
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.8089
  • Longitude: -86.0653

    Address

  • Full Address: 2848 N Arlington Ave
  • Address - House Number: 2848
  • Street Direction: N
  • Address - Street Name: Arlington
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 3325
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 1,980
  • Tax Year: 2022
  • Tax Amount: $954
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 147,908
  • High Value: 181,149
  • Low Value: 114,667

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,807
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 09, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $115,807
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $96,100
  • Market Land Value: $22,800
  • Market Improvement Value: $73,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,100
  • Assessed Land Value: $22,800
  • Assessed Improvements Value: $73,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2018
  • Current Sale Recording Date: Nov 28, 2018
  • Current Sale Transaction ID: 11543827657
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800120325
  • Previous Sale Recording Date: Nov 17, 2018
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Nov 28, 2018
  • First Mortgage Loan Amount: $115,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 2848 North Arlington Avenue located in?
The 2848 North Arlington Avenue is a house located in the neighborhood of Arlington Woods in Arlington Woods, Indianapolis.
What is the average sales price for listings in 2848 North Arlington Avenue?
The average sales price for units in 2848 North Arlington Avenue is $0 currently.

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