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3006 North Delaware Street

3006 North Delaware Street, Indianapolis, IN 46205
Multifamily in Meridian Park
3006 North Delaware 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 1910 and is 114 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. The building has a total of 2 stories. In addition, 3006 North Delaware Street has 1,511 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 750 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 2,220 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,705 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 central 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. 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, 3006 North Delaware Street sold most recently in May 21, 2021 for a total of $265,600. If you work out the math, that's approximately a cost of $88.21 per sqft. 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 $2,935 in taxes each year. 3006 North Delaware Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $190,400. If we break it down further, the land itself was valued at $28,000. Improvements to the property, however, were assessed at a total of $162,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

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
20210122
01/22/2021
Studio
-
-
$215,000
bedrooms
Studio
bathrooms
-
$265,600 +23.53%
05/27/2021
Cheryl Woodrum

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 750
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,705
  • Lot Size Depth Feet: 2,220
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,011
  • Gross Building Area: 3,011
  • Building Area: 1,511
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,511
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OSGOODS 2ND MERIDIAN PARK ADD
  • Land Acres: 0.108
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: OSGOOD 2ND MERIDIAN PK ADD 30FT SOUTH SIDE EX 4FT X 38FT SW COR 10FT W SIDE COR L75 & 10FT N SIDE OF92.5FT E END L76

Ownership

  • Current Owner : WOODRUM CHERYL ANN
  • Current Owner 2: WOODRUM KEVIN LEE
  • Previous Owner : BULLOCK MAURICE
  • Owner Before Previous Owner: BULLOCK MAURICE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 351000

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2228-D4
  • District: 0001
  • Section: 250
  • Parcel: 49-06-25-106-003.000-101
  • Lot: 75
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8105
  • Longitude: -86.1535

    Address

  • Full Address: 3006 N Delaware St
  • Address - House Number: 3006
  • Street Direction: N
  • Address - Street Name: Delaware
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C024
  • 4-Digit Zip Code: 3917
  • Zip Code: 46205

Valuation

    Tax

  • Total Area: 3,011
  • Tax Year: 2022
  • Tax Amount: $2,935
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 310,828
  • High Value: 385,056
  • Low Value: 236,600

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $212,500
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $212,500
  • 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, 2051

    Market Valuation

  • Market Total Value: $190,400
  • Market Land Value: $28,000
  • Market Improvement Value: $162,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,400
  • Assessed Land Value: $28,000
  • Assessed Improvements Value: $162,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11839577338
  • Current Sale Price: $265,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100070525
  • Previous Sale Recording Date: May 01, 2013
  • Previous Sale Contract Date: May 01, 2013
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $212,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Mapleton - Fall Creek



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Frequently Asked Questions

What neighborhood is 3006 North Delaware Street located in?
The 3006 North Delaware Street is a multifamily located in the neighborhood of Meridian Park in Mapleton - Fall Creek, Indianapolis.
What is the average sales price for listings in 3006 North Delaware Street?
The average sales price for units in 3006 North Delaware Street is $250,000 currently.

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