3124 West 16th Street

3124 West 16th Street has been categorized by the local assessors in Indianapolis, IN as a commercial type of property. The building on the property was first built in 1987 and is 37 years old. However, we must point out that the home was most recently renovated and altered in 1999. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3124 West 16th Street has 876 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 36,154 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. Finally, the property is currently sourcing its water from none system. 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, 3124 West 16th Street was last sold in Sep 13, 2019 for $140,000. According to our calculations, that's $159.82 per sqft. Current property owners are expected to pay $4,042 in taxes per year. The property on 3124 West 16th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $132,800. To break that down further, the land itself was valued at $63,800. While improvements to the property were assessed at a total of $69,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.