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3004 East Michigan Street

3004 East Michigan Street, Indianapolis, IN 46201
Multifamily in Rural-Sherman
3004 East Michigan Street 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 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. The building has a total of 2 stories. In addition, 3004 East Michigan Street has 1,376 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 688 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 880 ft and across the front of the lot is 390 ft. The area measurement of the land has been determined as 3,441 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. 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 no 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $62,000 in Jun 1, 2019. Current property owners are expected to pay $4,486 in taxes per year. The property on 3004 East Michigan Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $192,200. To break that down further, the land itself was valued at $5,200. While improvements to the property were assessed at a total of $187,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Aluminum Siding

Parking

On-Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190518
05/18/2019
Studio
-
-
$65,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 688
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,441
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 390
  • Total Building Area: 2,064
  • Gross Building Area: 2,064
  • Building Area: 1,376
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,376
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LANGES EAST MICHIGAN ST ADD
  • Land Acres: 0.079
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: LANGES E MICH ST ADD 88FT S END L7

Ownership

  • Current Owner : 1-2-3 INVESTMENTS LLC
  • Previous Owner : HERNANDEZ YOAN
  • Owner Before Previous Owner: PHUOC VU JONNY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354900

Geography

  • Assessors Map Reference: 2338-C2
  • District: 0001
  • Section: 5015004
  • Parcel: 49-10-05-155-035.000-101
  • Lot: 7
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7747
  • Longitude: -86.1129

    Address

  • Full Address: 3004 E Michigan St
  • Address - House Number: 3004
  • Street Direction: E
  • Address - Street Name: Michigan
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C032
  • 4-Digit Zip Code: 3314
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,064
  • Tax Year: 2022
  • Tax Amount: $4,486
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 246,105
  • High Value: 301,414
  • Low Value: 190,796

    Market Valuation

  • Market Total Value: $192,200
  • Market Land Value: $5,200
  • Market Improvement Value: $187,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,200
  • Assessed Land Value: $5,200
  • Assessed Improvements Value: $187,000

    Sales

  • Current Sale Contract Date: Feb 01, 2024
  • Current Sale Recording Date: Feb 05, 2024
  • Current Sale Transaction ID: 11920678817
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 8586
  • Previous Sale Recording Date: Jun 05, 2019
  • Previous Sale Contract Date: Jun 01, 2019
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

About Near Eastside



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Frequently Asked Questions

What neighborhood is 3004 East Michigan Street located in?
The 3004 East Michigan Street is a multifamily located in the neighborhood of Rural-Sherman in Near Eastside, Indianapolis.
What is the average sales price for listings in 3004 East Michigan Street?
The average sales price for units in 3004 East Michigan Street is $0 currently.

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