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305 North Sherman Drive

305 North Sherman Drive, Indianapolis, IN 46201
Commercial in Tuxedo Park
305 North Sherman Drive in Indianapolis, IN was first built in 1930 and is 94 years old. Although, the building on the property was most recently renovated and altered in 1960. This has been categorized as a commercial property type. There are a total of 2 floors. 305 North Sherman Drive has 10,891 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,312 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as fair. The exterior walls of the home are made of concrete block. Prior to that sales transaction, the property was also sold in Nov 30, 2018 for $90,000. 305 North Sherman Drive was last assessed in 2023. The total value of the property was assessed at $231,300. Specifically, the land the property is located on was valued at $27,100. While improvements on the property were assessed at a total of $204,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,693. The initial tax year of delinquency was in 2020. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1960
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 10
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,312
  • Total Building Area: 2,310
  • Gross Building Area: 7,195
  • Building Area: 7,195
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 10,891
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: BRADLEY & DENNY & ATKINSONS E WASH ST AD
  • Land Acres: 0.283
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: BRADLEY ETAL E WASH ST L222 & L223

Ownership

  • Current Owner : 305 SHERMAN LLC
  • Previous Owner : MATA FELIPE M
  • Owner Before Previous Owner: SUNNYSIDE RENTALS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355100

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-D3
  • District: 0001
  • Section: 4015004
  • Parcel: 49-10-04-122-089.000-101
  • Lot: 222
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7723
  • Longitude: -86.1018

    Address

  • Full Address: 305 N Sherman Dr
  • Address - House Number: 305
  • Street Direction: N
  • Address - Street Name: Sherman
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 3565
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 13,089
  • Tax Year: 2022
  • Tax Amount: $5,693
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Market Valuation

  • Market Total Value: $231,300
  • Market Land Value: $27,100
  • Market Improvement Value: $204,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,300
  • Assessed Land Value: $27,100
  • Assessed Improvements Value: $204,200

    Sales

  • Current Sale Contract Date: Sep 20, 2022
  • Current Sale Recording Date: Sep 27, 2022
  • Current Sale Transaction ID: 11896532496
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 106616
  • Previous Sale Recording Date: Dec 10, 2018
  • Previous Sale Contract Date: Nov 30, 2018
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 305 North Sherman Drive located in?
The 305 North Sherman Drive is a commercial located in the neighborhood of Tuxedo Park in Near Eastside, Indianapolis.
What is the average sales price for listings in 305 North Sherman Drive?
The average sales price for units in 305 North Sherman Drive is $0 currently.

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