Check Availability

2912 Shelby Street

2912 Shelby Street, Indianapolis, IN 46203
Sold Feb 01, 2019
$120,000
$2,491,300 by Celtic Bank Corp
Mortgage Due Sep 09, 2030
Sold Jan 18, 2013
$47,000
2912 Shelby Street in Indianapolis, IN was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. 2912 Shelby Street has 1,992 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 477 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 350 ft and the linear feet between the front and back of the lot is 1,310. In total, the area measurement of the land is 4,574 square feet.

Learn more about the property and building on this page. 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. 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. 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, 2912 Shelby Street sold most recently in Jan 16, 2019 for a total of $120,000. If you work out the math, that's approximately a cost of $48.60 per sqft. Before that, the property was also sold for $47,000 in Jan 1, 1970. 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 $3,861 in taxes each year. 2912 Shelby Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $159,900. If we break it down further, the land itself was valued at $17,500. Improvements to the property, however, were assessed at a total of $142,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 477
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,574
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,469
  • Gross Building Area: 2,469
  • Building Area: 1,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BERKELEY ADD YOKE HEIRS PART SUB
  • Land Acres: 0.105
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: BERKLEY ADD L13

Ownership

  • Current Owner : TCNMS HOLDINGS LLC
  • Previous Owner : HOPKINS RYAN M
  • Owner Before Previous Owner: TAPP DONALD W
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357900

Geography

  • Assessors Map Reference: 2446-E2
  • District: 0001
  • Section: 240
  • Parcel: 49-11-24-129-122.000-101
  • Lot: 13
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7242
  • Longitude: -86.1398

    Address

  • Full Address: 2912 Shelby St
  • Address - House Number: 2912
  • Address - Street Name: Shelby
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C034
  • 4-Digit Zip Code: 5235
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 2,385
  • Tax Year: 2022
  • Tax Amount: $3,861
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2533
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 195,463
  • High Value: 244,978
  • Low Value: 145,948

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,491,300
  • First Open Lien Mortgage Lender: CELTIC BANK CORP
  • First Open Lien Mortgage Recording Date: Sep 10, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,491,300
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 09, 2030

    Market Valuation

  • Market Total Value: $159,900
  • Market Land Value: $17,500
  • Market Improvement Value: $142,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,900
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $142,400

    Sales

  • Current Sale Contract Date: Jan 16, 2019
  • Current Sale Recording Date: Feb 01, 2019
  • Current Sale Transaction ID: 11570692266
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900009604
  • Previous Sale Recording Date: Jan 18, 2013
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: Deed

About Garfield Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3623 Shelby Street, Indianapolis, IN, 46227

$1,500 /mo

  • Studio
3623 Shelby Street, Indianapolis, IN, 46227 Listing by Keith Turnbill
Unit for rent at 2950 South Walcott Street, Indianapolis, IN, 46203

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
2950 South Walcott Street, Indianapolis, IN, 46203 Listing by Ross Graham
Unit for rent at 1661 South Talbott Street, Indianapolis, IN, 46225

$1,495 /mo

  • 3 Beds
  • 1.5 Baths
  • 2,139 ft²
1661 South Talbott Street, Indianapolis, IN, 46225 Listing by Evona Watson
Unit for rent at 55 East Legrande Avenue, Indianapolis, IN, 46225

$1,550 /mo

  • 3 Beds
  • 2 Baths
  • 2,496 ft²
55 East Legrande Avenue, Indianapolis, IN, 46225 Listing by Evona Watson

Frequently Asked Questions

What neighborhood is 2912 Shelby Street located in?
The 2912 Shelby Street is a house located in the neighborhood of Garfield Park in Garfield Park, Indianapolis.
What is the average sales price for listings in 2912 Shelby Street?
The average sales price for units in 2912 Shelby Street is $0 currently.

Quantcast