See Home Value
$400,909*
House - Off Market

306 North Arsenal Avenue

Indianapolis, IN 46201
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3520 Sqft
$342,000 - $416,000
Reference Base Price*
5.53%
Since Dec 1, 2022
National-US
Primary Model
Sold Nov 21, 2022
$343,800
$275,000 by Mjw Financial Llc
Mortgage Due Dec 01, 2052

About This Property

This 4-bedroom 2-bath Victorian home is a short walk from all downtown Indy has to offer, including Mass Ave, Bottleworks, and Fletcher Place. A breezy front porch for relaxing plus the fully fenced backyard has a refreshing pool. The original wood floors add a pop of character you won't find anywhere else. Fresh neutral paints presents a blank slate for interior design. The kitchen features new granite counters, new gas stove, plenty of natural light through 2 double doors that open to the deck and pool. Bedrooms are nice size with an extra space that could be used as BR (no closet), sitting room, office, nursery, dressing area - whatever you need.  Unfinished attic space is waiting for your touch. Basement provides lots of storage space.

The manager has listed the unit size as 3520 square feet.
Unit Size
3,520Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$108
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Nov 17, 2022 No longer available -
No longer available
Oct 15, 2022 In contract -
In contract
Sep 19, 2022 Price Decreased $379,900
↓ $20K (5%)
Price Decreased
Jul 9, 2022 Price Decreased $399,900
↓ $15K (3.6%)
Price Decreased
Jun 28, 2022 Price Decreased $414,900
↓ $10K (2.4%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 928
  • Garage Type: Garage
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,140
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 380
  • Total Building Area: 3,520
  • Gross Building Area: 3,520
  • Building Area: 2,592
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,592
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARSENAL PARK ADD
  • Land Acres: 0.118
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ARSENAL PARK ADD L9

Ownership

  • Current Owner : SCOTT DEBRA K
  • Current Owner 2: LOCKHART LAURA
  • Previous Owner : GROTH MARILYN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354400

Geography

  • Assessors Map Reference: 2338-A3
  • District: 0001
  • Section: 6015004
  • Parcel: 49-10-06-161-052.000-101
  • Lot: 9
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7706
  • Longitude: -86.1337

    Address

  • Full Address: 306 N Arsenal Ave
  • Address - House Number: 306
  • Street Direction: N
  • Address - Street Name: Arsenal
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C030
  • 4-Digit Zip Code: 3002
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 3,520
  • Tax Year: 2022
  • Tax Amount: $3,268
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2452
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 445,554
  • High Value: 554,848
  • Low Value: 336,260

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: MJW FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Nov 21, 2022
  • First Open Lien Mortgage Loan Amount: $275,000
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $329,400
  • Market Land Value: $43,200
  • Market Improvement Value: $286,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,400
  • Assessed Land Value: $43,200
  • Assessed Improvements Value: $286,200

    Sales

  • Current Sale Contract Date: Nov 14, 2022
  • Current Sale Recording Date: Nov 21, 2022
  • Current Sale Transaction ID: 11899078367
  • Current Sale Price: $343,800
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 124982

    Last Sale Mortgage

  • First Mortgage Lender: MJW FINANCIAL LLC
  • First Mortgage Transaction Date: Nov 21, 2022
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
3,500 ft²
$93/ft²
$324,900 Nov 11, 2022
-
$716/mo
House
4 Beds
3.5 Baths
2,161 ft²
$176/ft²
$379,900 Jan 5, 2023
-
$95/mo
House
4 Beds
3 Baths
2,350 ft²
$160/ft²
$375,000 Jul 15, 2022
-
$205/mo
House
3 Beds
3 Baths
2,040 ft²
$210/ft²
$429,000 Jan 5, 2023
-
$317/mo
House
3 Beds
2.5 Baths
1,869 ft²
$209/ft²
$389,900 Mar 9, 2023
-
-
House
3 Beds
2.5 Baths
1,728 ft²
$190/ft²
$329,000 Oct 20, 2022
-
$21/mo
House
3 Beds
3 Baths
1,774 ft²
$242/ft²
$429,900 Jan 23, 2023
-
-
House
3 Beds
2 Baths
1,794 ft²
$178/ft²
$319,900 Feb 9, 2023
-
-
House
3 Beds
2.5 Baths
1,600 ft²
$283/ft²
$452,000 Sep 21, 2021
-
$8/mo
Condo
3 Beds
2 Baths
1,771 ft²
$246/ft²
$435,000 Sep 2, 2022
-
$3,087/mo
House
2 Beds
2 Baths
1,125 ft²
$289/ft²
$325,000 Jan 12, 2023
-
-
Condo
2 Beds
2 Baths
1,303 ft²
$330/ft²
$429,900 Nov 23, 2022
-
$1,009/mo

About Near Eastside


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Frequently Asked Questions

When was property at 306 North Arsenal Avenue built and last sold?
The property at 306 North Arsenal Avenue was built in 1910 and last sold on Nov 14, 2022 for $343,800.
How much is this home worth?
The estimated value of the home located at 306 North Arsenal Avenue is $393,434.
What are some comparable homes to 306 North Arsenal Avenue?
There are currently no comparable homes to 306 North Arsenal Avenue.

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