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3118 West 9th Street

3118 West 9th Street, Indianapolis, IN 46222
Sold Sep 21, 2021
$686,800
$549,440 by Loan Funder Llc
Mortgage Due Sep 01, 2051
Sold Jun 03, 2021
$915,000
3118 West 9th Street in Indianapolis, IN was first built in 1926 and is 98 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3118 West 9th Street has 600 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. The basement is 300 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 360 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 5,053 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 352 sqft. There is one available parking space. 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 D. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Aug 25, 2021 for $686,800. That's $763.11 per sqft. Prior to that sales transaction, the property was also sold in Apr 23, 2021 for $915,000. 3118 West 9th Street was last assessed in 2023. The total value of the property was assessed at $74,800. Specifically, the land the property is located on was valued at $2,300. While improvements on the property were assessed at a total of $72,500. 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 $2,035. 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! 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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 300
  • Garage Type: Detached
  • Garage Square Area: 352
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,053
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 360
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DUVALL & DUPREE COMPANYS FIRST ADDITION
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: DUVALL & DUPREE COMPANYS FIRST ADDITION L11

Ownership

  • Current Owner : TEHRANI FAMILY HOLDINGS 1 LLC
  • Previous Owner : INDY ASSET LLC
  • Owner Before Previous Owner: 6S VENTURES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 341600

Zoning

  • Zoning: ZO01

Geography

  • District: 0009
  • Section: 4015003
  • Parcel: 49-11-04-144-023.000-901
  • Lot: 11
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7799
  • Longitude: -86.2112

    Address

  • Full Address: 3118 W 9th St
  • Address - House Number: 3118
  • Street Direction: W
  • Address - Street Name: 9th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C009
  • 4-Digit Zip Code: 3502
  • Zip Code: 46222

Valuation

    Tax

  • Total Area: 900
  • Tax Year: 2022
  • Tax Amount: $2,035
  • Tax Rate Code Area: 901

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 127,577
  • High Value: 156,248
  • Low Value: 98,905

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $549,440
  • First Open Lien Mortgage Lender: LOAN FUNDER LLC
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $549,440
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $74,800
  • Market Land Value: $2,300
  • Market Improvement Value: $72,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,800
  • Assessed Land Value: $2,300
  • Assessed Improvements Value: $72,500

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11858605237
  • Current Sale Price: $686,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100126197
  • Previous Sale Recording Date: Jun 03, 2021
  • Previous Sale Contract Date: Apr 23, 2021
  • Previous Sale Amount: $915,000
  • Previous Sale Document Type: Land Contract

    Last Sale Mortgage

  • First Mortgage Lender: LOAN FUNDER LLC
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $549,440
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 3118 West 9th Street located in?
The 3118 West 9th Street is a house located in the neighborhood of Near Westside in Near Westside, Indianapolis.
What is the average sales price for listings in 3118 West 9th Street?
The average sales price for units in 3118 West 9th Street is $0 currently.

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