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301 North Arsenal Avenue

301 North Arsenal Avenue, Indianapolis, IN 46201
Sold Jan 18, 2024
$411,768
$309,600 by Mjw Financial Llc
Mortgage Due Feb 01, 2054
Sold Apr 24, 2023
Transfer
Local assessors in Indianapolis, IN have categorized 301 North Arsenal Avenue as a residential type of property. The home was built in 1886 and is 138 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 5,401 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 400 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. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. 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 301 North Arsenal Avenue has a total of 2,674 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 216 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 detached garage for those who need a place to park their vehicle. The garage on the property is 528 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. 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, 301 North Arsenal Avenue was last sold in Jan 11, 2024 for $411,768. According to our calculations, that's $142.48 per sqft. Current property owners are expected to pay $5,749 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 301 North Arsenal Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $382,400. To break that down further, the land itself was valued at $43,400. While improvements to the property were assessed at a total of $339,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1886
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 216
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,890
  • Gross Building Area: 2,890
  • Building Area: 2,674
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,674
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOUISA A & JOHN C WRIGHTS ADD
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: L A WRIGHTS ADD L1

Ownership

  • Current Owner : CAZARES ALEXANDRO
  • Current Owner 2: CAZARES HAYLEY
  • Previous Owner : MT ROSE VENTURES LLC
  • Owner Before Previous Owner: PARKINSON LISA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354500

Geography

  • Assessors Map Reference: 2338-A3
  • District: 0001
  • Section: 6015004
  • Parcel: 49-10-06-137-018.000-101
  • Lot: 1
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7705
  • Longitude: -86.1331

    Address

  • Full Address: 301 N Arsenal Ave
  • Address - House Number: 301
  • Street Direction: N
  • Address - Street Name: Arsenal
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C030
  • 4-Digit Zip Code: 3001
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 3,498
  • Tax Year: 2022
  • Tax Amount: $5,749
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 415,393
  • High Value: 483,342
  • Low Value: 347,444

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $309,600
  • First Open Lien Mortgage Lender: MJW FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jan 18, 2024
  • First Open Lien Mortgage Loan Amount: $309,600
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $382,400
  • Market Land Value: $43,400
  • Market Improvement Value: $339,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,400
  • Assessed Land Value: $43,400
  • Assessed Improvements Value: $339,000

    Sales

  • Current Sale Contract Date: Jan 11, 2024
  • Current Sale Recording Date: Jan 18, 2024
  • Current Sale Transaction ID: 11919641227
  • Current Sale Price: $411,768
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4447
  • Previous Sale Recording Date: Apr 24, 2023
  • Previous Sale Contract Date: Apr 17, 2023
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: MJW FINANCIAL LLC
  • First Mortgage Transaction Date: Jan 18, 2024
  • First Mortgage Loan Amount: $309,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

About Near Eastside



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Nearby Rentals

Unit for rent at

$995 /mo

  • 3 Beds
  • 3 Baths
  • 1,664 ft²
Listing by Maxwell Richter
Unit for rent at

$1,050 /mo

  • 2 Beds
  • 1 Bath
  • 864 ft²
Listing by Maxwell Richter
Unit for rent at

$925 /mo

  • 4 Beds
  • 2 Baths
  • 1,610 ft²
Listing by Maxwell Richter
Unit for rent at

$1,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,288 ft²
Listing by Maxwell Richter
Unit for rent at

$1,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,288 ft²
Listing by Maxwell Richter
Unit for rent at

$950 /mo

  • 2 Beds
  • 1 Bath
  • 944 ft²
Listing by Evona Watson
Unit for rent at

$975 /mo

  • 2 Beds
  • 1 Bath
  • 1,660 ft²
Listing by Maxwell Richter

Frequently Asked Questions

What neighborhood is 301 North Arsenal Avenue located in?
The 301 North Arsenal Avenue is a house located in the neighborhood of Arsenal Heights in Near Eastside, Indianapolis.
What is the average sales price for listings in 301 North Arsenal Avenue?
The average sales price for units in 301 North Arsenal Avenue is $0 currently.

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