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318 North Forest Avenue

318 North Forest Avenue, Indianapolis, IN 46201
Multifamily in Near Eastside
318 North Forest Avenue in Indianapolis, IN was first built in 1980 and is 44 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. There are 3 partial bathrooms. 318 North Forest Avenue has 1,008 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 252 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 350 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 3,485 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. 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 C. 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. Prior to that sales transaction, the property was also sold in Jan 29, 2021 for $136,500. 318 North Forest Avenue was last assessed in 2021. The total value of the property was assessed at $148,400. Specifically, the land the property is located on was valued at $6,200. While improvements on the property were assessed at a total of $142,200. 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 $3,513. 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. 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

Wood Exterior

Parking

Guest Parking
On-Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200331
03/31/2020
Studio
-
-
$92,500
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 252
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OGLE ET AL E PARK ADD
  • Land Acres: 0.08
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: OGLE ET AL E PARK ADD L20

Ownership

  • Current Owner : MONTAGUE ASSET MANAGEMENT LLC
  • Previous Owner : MONTAGUE JAMES A
  • Previous Owner 2: MONTAGUE MEGAN T
  • Owner Before Previous Owner: MONTAGUE JAMES A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355000

Zoning

  • Zoning: ZO01

Geography

  • District: 0001
  • Section: 5015004
  • Parcel: 49-10-05-187-002.000-101
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7723
  • Longitude: -86.1211

    Address

  • Full Address: 318 N Forest Ave
  • Address - House Number: 318
  • Street Direction: N
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C026
  • 4-Digit Zip Code: 3224
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,260
  • Tax Year: 2021
  • Tax Amount: $3,513
  • Tax Rate Code Area: 101:INDPLS

    Appraisal Valuation

  • Standard Deviation: 0.2596
  • Valuation Date: Oct 05, 2022
  • Confidence Score: 63
  • Final Value: 210,195
  • High Value: 264,771
  • Low Value: 155,620

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $663,000
  • First Open Lien Mortgage Lender: ELEMENTS FINANCIAL FCU
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $663,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2026

    Market Valuation

  • Market Total Value: $148,400
  • Market Land Value: $6,200
  • Market Improvement Value: $142,200

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $148,400
  • Assessed Land Value: $6,200
  • Assessed Improvements Value: $142,200

    Sales

  • Current Sale Contract Date: Aug 10, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Transaction ID: 11853681750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100108576
  • Previous Sale Recording Date: Feb 05, 2021
  • Previous Sale Contract Date: Jan 29, 2021
  • Previous Sale Amount: $136,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Previous Mortgages

  • Previous Mortgage Lender: ALLY BANK
  • Previous Mortgage Transaction Date: Feb 05, 2021
  • Previous Mortgage Loan Amount: $109,195
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Near Eastside



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Frequently Asked Questions

What neighborhood is 318 North Forest Avenue located in?
The 318 North Forest Avenue is a multifamily located in the neighborhood of Near Eastside in Near Eastside, Indianapolis.
What is the average sales price for listings in 318 North Forest Avenue?
The average sales price for units in 318 North Forest Avenue is $0 currently.

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