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302 North Walcott Street

302 North Walcott Street, Indianapolis, IN 46201
Multifamily in Arsenal Heights
1 Units For Sale
Unit for sale at 302-304 North Walcott Street, Indianapolis, IN 46201

$465,000

  • Studio
302-304 North Walcott Street, Indianapolis, IN 46201 Listing by Deborah Brandon

Local assessors in Indianapolis, IN have categorized 302 North Walcott Street as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 1,156 square feet. The linear feet between the front and back of the lot was measured at 680 ft and the front of the lot was measured at 170 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 302 North Walcott Street has a total of 1,284 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 full basement that is 588 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. 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. 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, 302 North Walcott Street sold most recently in Oct 22, 2020 for a total of $133,000. If you work out the math, that's approximately a cost of $71.05 per sqft. Before that, the property was also sold for $96,000 in Sep 27, 2019. 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 $2,895 in taxes each year. The initial year of tax delinquency occurred in 2022. 302 North Walcott Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $185,200. If we break it down further, the land itself was valued at $4,800. Improvements to the property, however, were assessed at a total of $180,400. 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.

Building Features

Exterior

Aluminum Siding
Vinyl Siding
Wood Exterior

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
20190726
07/26/2019
Studio
-
-
$115,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 588
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,156
  • Lot Size Depth Feet: 680
  • Lot Size Frontage Feet: 170
  • Total Building Area: 1,872
  • Gross Building Area: 1,872
  • Building Area: 1,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,284
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BECKY SUE SUBDIVISION
  • Land Acres: 0.027
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BECKY SUE SUBDIVISION L1

Ownership

  • Current Owner : REAL A SLICE INVESTMENT CLUBS LLC
  • Previous Owner : DAVID BARNES INVESTMENT HOLDINGS LLC
  • Owner Before Previous Owner: LTA RETAIL SALES INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-A3
  • District: 0001
  • Section: 6015004
  • Parcel: 49-10-06-154-037.000-101
  • Lot: 1
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7706
  • Longitude: -86.1298

    Address

  • Full Address: 302 N Walcott St
  • Address - House Number: 302
  • Street Direction: N
  • Address - Street Name: Walcott
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C030
  • 4-Digit Zip Code: 3055
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,818
  • Tax Year: 2021
  • Tax Amount: $2,895
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 484,583
  • High Value: 564,292
  • Low Value: 404,873

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $519,600
  • First Open Lien Mortgage Lender: LIMA ONE CAPITAL, LLC
  • First Open Lien Mortgage Recording Date: Feb 14, 2024
  • First Open Lien Mortgage Loan Amount: $324,800
  • First Open Lien Mortgage Term: 335
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052
  • Second Open Lien Mortgage Lender: LIMA ONE CAPITAL LLC
  • Second Open Lien Mortgage Recording Date: Jan 31, 2022
  • Second Open Lien Mortgage Loan Amount: $156,800
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2052
  • Third Open Lien Mortgage Lender: INTEGRATED LNDG SERVICES LLC
  • Third Open Lien Mortgage Recording Date: Mar 05, 2024
  • Third Open Lien Mortgage Loan Amount: $38,000
  • Third Open Lien Mortgage Term: 12
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Feb 28, 2025

    Market Valuation

  • Market Total Value: $185,200
  • Market Land Value: $4,800
  • Market Improvement Value: $180,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,200
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $180,400

    Sales

  • Current Sale Contract Date: Oct 22, 2020
  • Current Sale Recording Date: Oct 28, 2020
  • Current Sale Transaction ID: 11809387822
  • Current Sale Price: $133,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000124582
  • Previous Sale Recording Date: Oct 03, 2019
  • Previous Sale Contract Date: Sep 27, 2019
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL LENDING LLC
  • First Mortgage Transaction Date: Oct 28, 2020
  • First Mortgage Loan Amount: $234,680
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 01, 2021

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Near Eastside



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Nearby Rentals

Unit for rent at

$2,350 /mo

  • Studio
Listing by Jim Lane
Unit for rent at

$2,600 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,715 ft²
Listing by Guadalupe Ortiz
Unit for rent at

$3,000 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,280 ft²
Listing by Tony Papalia
Unit for rent at

$1,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,788 ft²
Listing by Amanda Wade
Unit for rent at

$2,350 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,938 ft²
Listing by Mitch Rolsky
Unit for rent at

$2,300 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,944 ft²
Listing by Eric Reed
Unit for rent at

$725 /mo

  • Studio
  • 1 Bath
  • 661 ft²
Listing by Maxwell Richter

Frequently Asked Questions

What neighborhood is 302 North Walcott Street located in?
The 302 North Walcott Street is a multifamily located in the neighborhood of Arsenal Heights in Near Eastside, Indianapolis.
How many listings are currently for sale in 302 North Walcott Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 302 North Walcott Street?
The average sales price for units in 302 North Walcott Street is $465,000 currently.

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