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315 South Gerrard Drive

315 South Gerrard Drive, Indianapolis, IN 46241
House in Garden City
Sold Aug 11, 2021
$53,000
Sold Oct 12, 2017
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315 South Gerrard Drive in Indianapolis, IN was first built in 1931 and is 93 years old. 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, 2 are bedrooms. 315 South Gerrard Drive has 914 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 linear feet across the front of the lot is 520 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 7,536 square feet.

Learn more about the property and building on this page. 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 576 sqft. There are a total of 2 available parking spaces. 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 no air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Oct 12, 2017 for $53,000. That's $57.99 per sqft. 315 South Gerrard Drive was last assessed in 2023. The total value of the property was assessed at $90,800. Specifically, the land the property is located on was valued at $3,200. While improvements on the property were assessed at a total of $87,600. 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 $1,235. The initial tax year of delinquency was in 2021. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,536
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 520
  • Total Building Area: 914
  • Gross Building Area: 914
  • Building Area: 914
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 914
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RINEHARTS LINHURST ADD
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: RINEHARTS LINHURST L21

Ownership

  • Current Owner : PERALTA ARTEAGA MARIA CRUZ
  • Previous Owner : CO & CO LLC
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 342500

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2335-C4
  • District: 0009
  • Section: 7015003
  • Parcel: 49-11-07-117-015.000-930
  • Lot: 21
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7596
  • Longitude: -86.2478

    Address

  • Full Address: 315 S Gerrard Dr
  • Address - House Number: 315
  • Street Direction: S
  • Address - Street Name: Gerrard
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 0737
  • Zip Code: 46241

Valuation

    Tax

  • Total Area: 914
  • Tax Year: 2022
  • Tax Amount: $1,235
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 930

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 136,281
  • High Value: 166,909
  • Low Value: 105,653

    Market Valuation

  • Market Total Value: $90,800
  • Market Land Value: $3,200
  • Market Improvement Value: $87,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,800
  • Assessed Land Value: $3,200
  • Assessed Improvements Value: $87,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 12, 2017
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Transaction ID: 11850697369
  • Current Sale Price: $53,000
  • Current Sale Document Type: Land Contract
  • Current Sale Input Document Number: A202100106641
  • Previous Sale Recording Date: Oct 12, 2017
  • Previous Sale Document Type: Deed

About Garden City



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Frequently Asked Questions

What neighborhood is 315 South Gerrard Drive located in?
The 315 South Gerrard Drive is a house located in the neighborhood of Garden City in Garden City, Indianapolis.
What is the average sales price for listings in 315 South Gerrard Drive?
The average sales price for units in 315 South Gerrard Drive is $0 currently.

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