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315 East Fall Creek Pkwy South Drive

315 East Fall Creek Pkwy South Drive, Indianapolis, IN 46205
Property in Fall Creek Place
Sold Oct 28, 2022
Transfer
Sold Feb 26, 2018
$262,500
$210,000 by Ocmbc Inc
Mortgage Due Mar 01, 2048
Local assessors in Indianapolis, IN have categorized 315 East Fall Creek Pkwy South Drive as a residential type of property. The home was built in 1930 and is 94 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 3,311 square feet. The linear feet between the front and back of the lot was measured at 660 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 315 East Fall Creek Pkwy South Drive has a total of 1,485 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 full basement that is 743 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 fair. 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 no air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $262,500 in Feb 21, 2018. Current property owners are expected to pay $5,626 in taxes per year. The property on 315 East Fall Creek Pkwy South Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $245,000. To break that down further, the land itself was valued at $49,000. While improvements to the property were assessed at a total of $196,000. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 743
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,311
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,970
  • Gross Building Area: 2,970
  • Building Area: 1,485
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,485
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DOUGLASS PARK ADD
  • Land Acres: 0.076
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: DOUGLASS PARK ADD E1/2 L129 & LOTI

Ownership

  • Current Owner : ENTERPRISE REAL ESTATE PROPERTIES LLC
  • Previous Owner : BOYD ATIENO
  • Owner Before Previous Owner: BOYD ATIENO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 322500

Zoning

  • Zoning: ZO01

Geography

  • District: 0001
  • Section: 250
  • Parcel: 49-06-25-186-078.000-101
  • Lot: 129
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8051
  • Longitude: -86.1515

    Address

  • Full Address: 315 E Fall Creek Pw S Dr
  • Address - House Number: 315
  • Street Direction: E
  • Address - Street Name: Fall Creek Pw S
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Zip Code: 46205

Valuation

    Tax

  • Total Area: 2,970
  • Tax Year: 2022
  • Tax Amount: $5,626
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 75
  • Final Value: 282,170
  • High Value: 334,211
  • Low Value: 230,129

    Market Valuation

  • Market Total Value: $245,000
  • Market Land Value: $49,000
  • Market Improvement Value: $196,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,000
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $196,000

    Sales

  • Current Sale Contract Date: Jul 19, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Transaction ID: 11898245282
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 117997
  • Previous Sale Recording Date: Feb 26, 2018
  • Previous Sale Contract Date: Feb 21, 2018
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Previous Mortgages

  • Previous Mortgage Lender: OCMBC INC
  • Previous Mortgage Transaction Date: Feb 26, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2048

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Frequently Asked Questions

What neighborhood is 315 East Fall Creek Pkwy South Drive located in?
The 315 East Fall Creek Pkwy South Drive is a located in the neighborhood of Fall Creek Place in Near Northside, Indianapolis.
What is the average sales price for listings in 315 East Fall Creek Pkwy South Drive?
The average sales price for units in 315 East Fall Creek Pkwy South Drive is $0 currently.

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