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2926 South Oakland Avenue

2926 South Oakland Avenue, Indianapolis, IN 46203
Property in Near Southeast
Sold Oct 31, 2018
$118,900
$150,590 by Rocket Mortgage Llc
Mortgage Due Sep 01, 2052
Sold Oct 25, 2018
$118,900
Local assessors in Indianapolis, IN have categorized 2926 South Oakland Avenue as a residential type of property. The home was built in 1961 and is 63 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 7,971 square feet. The linear feet between the front and back of the lot was measured at 1,080 ft and the front of the lot was measured at 740 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 2926 South Oakland Avenue has a total of 1,872 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. 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, 2926 South Oakland Avenue sold most recently in Oct 25, 2018 for a total of $118,900. If you work out the math, that's approximately a cost of $52.33 per sqft. Before that, the property was also sold for $118,900 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,255 in taxes each year. 2926 South Oakland Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $182,100. If we break it down further, the land itself was valued at $18,100. Improvements to the property, however, were assessed at a total of $164,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,971
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 740
  • Total Building Area: 2,272
  • Gross Building Area: 2,272
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GOLFMOOR ADD 2ND SEC
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: GOLFMOOR ADD 2ND SEC L115

Ownership

  • Current Owner : HICKS STEVEN
  • Current Owner 2: TURNER CHELSEA
  • Previous Owner : SOUTHERN JONATHAN A
  • Owner Before Previous Owner: JONATHAN A SOUTHERN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357602

Geography

  • Assessors Map Reference: 2447-C2
  • District: 0001
  • Section: 200
  • Parcel: 49-10-20-128-014.000-101
  • Lot: 115
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7245
  • Longitude: -86.1125

    Address

  • Full Address: 2926 S Oakland Ave
  • Address - House Number: 2926
  • Street Direction: S
  • Address - Street Name: Oakland
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C003
  • 4-Digit Zip Code: 5536
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,872
  • Tax Year: 2022
  • Tax Amount: $2,255
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2566
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 221,277
  • High Value: 278,057
  • Low Value: 164,497

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,590
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 08, 2022
  • First Open Lien Mortgage Loan Amount: $150,590
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $182,100
  • Market Land Value: $18,100
  • Market Improvement Value: $164,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,100
  • Assessed Land Value: $18,100
  • Assessed Improvements Value: $164,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 25, 2018
  • Current Sale Recording Date: Oct 31, 2018
  • Current Sale Transaction ID: 11535316449
  • Current Sale Price: $118,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800111170
  • Previous Sale Recording Date: Oct 25, 2018
  • Previous Sale Amount: $118,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Oct 31, 2018
  • First Mortgage Loan Amount: $116,745
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Near Southeast



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Frequently Asked Questions

What neighborhood is 2926 South Oakland Avenue located in?
The 2926 South Oakland Avenue is a located in the neighborhood of Near Southeast in Near Southeast, Indianapolis.
What is the average sales price for listings in 2926 South Oakland Avenue?
The average sales price for units in 2926 South Oakland Avenue is $0 currently.

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