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314 North Chester Avenue

314 North Chester Avenue, Indianapolis, IN 46201
House in Tuxedo Park
Sold May 24, 2021
$130,700
$104,550 by First Merchants Bank Na
Mortgage
Sold May 24, 2021
$123,000
$104,550 by First Merchants Bank Na
Mortgage
Local assessors in Indianapolis, IN have categorized 314 North Chester Avenue as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 5,401 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 400 ft. 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, 2 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 is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 314 North Chester Avenue has a total of 912 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 building with no basement that is 1,170 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 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, 314 North Chester Avenue sold most recently in May 19, 2021 for a total of $130,700. If you work out the math, that's approximately a cost of $143.31 per sqft. Before that, the property was also sold for $123,000 in May 19, 2021. 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 $2,508 in taxes each year. 314 North Chester Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $101,600. If we break it down further, the land itself was valued at $6,100. Improvements to the property, however, were assessed at a total of $95,500. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can 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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,170
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BRADLEY & DENNY & ATKINSONS E WASH ST AD
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BRADLEY ET AL E WASH ST ADD L66

Ownership

  • Current Owner : NEWELL ROBERT
  • Current Owner 2: NEWELL KATRINA
  • Previous Owner : BUY BACK THE BLACK LA 2019 LLC
  • Owner Before Previous Owner: BUY BACK THE BLACK LA 2019 LLC

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-D3
  • District: 0001
  • Section: 4015004
  • Parcel: 49-10-04-122-259.000-101
  • Lot: 66
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7726
  • Longitude: -86.0988

    Address

  • Full Address: 314 N Chester Ave
  • Address - House Number: 314
  • Street Direction: N
  • Address - Street Name: Chester
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 3538
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,145
  • Tax Year: 2022
  • Tax Amount: $2,508
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 169,147
  • High Value: 212,844
  • Low Value: 125,450

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,550
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Loan Amount: $104,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $101,600
  • Market Land Value: $6,100
  • Market Improvement Value: $95,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,600
  • Assessed Land Value: $6,100
  • Assessed Improvements Value: $95,500

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11837800938
  • Current Sale Price: $130,700
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: A202100068087
  • Previous Sale Recording Date: May 24, 2021
  • Previous Sale Contract Date: May 19, 2021
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $104,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MERCHANTS BANK NA
  • Previous Mortgage Transaction Date: May 24, 2021
  • Previous Mortgage Loan Amount: $104,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 314 North Chester Avenue located in?
The 314 North Chester Avenue is a house located in the neighborhood of Tuxedo Park in Near Eastside, Indianapolis.
What is the average sales price for listings in 314 North Chester Avenue?
The average sales price for units in 314 North Chester Avenue is $0 currently.

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