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2911 Ludwig Drive

2911 Ludwig Drive, Indianapolis, IN 46239
House in Five Points
Sold Jun 04, 2018
$147,000
$142,590 by Huntington National Bank
Mortgage Due Jun 01, 2048
Sold May 31, 2018
$147,000
2911 Ludwig Drive 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 2004 and is 20 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2911 Ludwig Drive has 2,095 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,227 square feet.

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 attached garage for those who require parking. The garage measured 380 sqft. According to our sources, there is one available parking space. 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 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2911 Ludwig Drive was last sold in May 31, 2018 for $147,000. According to our calculations, that's $59.39 per sqft. Prior to that sales transaction, the property was sold for $147,000 in Jan 1, 1970. Current property owners are expected to pay $2,082 in taxes per year. The property on 2911 Ludwig Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $226,800. To break that down further, the land itself was valued at $24,300. While improvements to the property were assessed at a total of $202,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,475
  • Gross Building Area: 2,475
  • Building Area: 2,095
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,095
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: HANOVER NORTH SEC 1
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HANOVER NORTH SEC 1 L 64

Ownership

  • Current Owner : HERNANDEZ TOMAS A
  • Previous Owner : SHORT CHANEL K
  • Owner Before Previous Owner: SHORT CHANEL K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warren Township Metropolitan School District
  • Census Tract: 361401

Geography

  • Assessors Map Reference: 2449-B2
  • District: 0007
  • Section: 240
  • Parcel: 49-10-24-103-069.000-700
  • Lot: 64
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7266
  • Longitude: -86.0296

    Address

  • Full Address: 2911 Ludwig Dr
  • Address - House Number: 2911
  • Address - Street Name: Ludwig
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R079
  • 4-Digit Zip Code: 6929
  • Zip Code: 46239

Valuation

    Tax

  • Total Area: 2,095
  • Tax Year: 2022
  • Tax Amount: $2,082
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.2278
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 273,649
  • High Value: 335,998
  • Low Value: 211,300

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $192,590
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 04, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $142,590
  • 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: Jun 01, 2048
  • Second Open Lien Mortgage Lender: INDIANA HOUSING AND COMMUNITY
  • Second Open Lien Mortgage Recording Date: May 26, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $226,800
  • Market Land Value: $24,300
  • Market Improvement Value: $202,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,800
  • Assessed Land Value: $24,300
  • Assessed Improvements Value: $202,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2018
  • Current Sale Recording Date: Jun 04, 2018
  • Current Sale Transaction ID: 11479871032
  • Current Sale Price: $147,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800054618
  • Previous Sale Recording Date: May 31, 2018
  • Previous Sale Amount: $147,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Jun 04, 2018
  • First Mortgage Loan Amount: $142,590
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Five Points



Similar Buildings

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Nearby Rentals

Unit for rent at 8044 Beechwood Avenue, Indianapolis, IN, 46219

$1,425 /mo

  • 3 Beds
  • 2 Baths
  • 1,107 ft²
8044 Beechwood Avenue, Indianapolis, IN, 46219 Listing by Evona Watson

Frequently Asked Questions

What neighborhood is 2911 Ludwig Drive located in?
The 2911 Ludwig Drive is a house located in the neighborhood of Five Points in Five Points, Indianapolis.
What is the average sales price for listings in 2911 Ludwig Drive?
The average sales price for units in 2911 Ludwig Drive is $147,000 , or $70/sqft. currently.

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