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320 East Southern Avenue

320 East Southern Avenue, Indianapolis, IN 46225
Sold Oct 09, 2020
$61,600
Sold Aug 05, 2020
$81,125
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320 East Southern Avenue has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1930 and is 94 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 320 East Southern Avenue has 952 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 714 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 410 ft. The area measurement of the land has been determined as 5,314 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 320 East Southern Avenue sold most recently in Sep 18, 2020 for a total of $61,600. If you work out the math, that's approximately a cost of $36.97 per sqft. Before that, the property was also sold for $81,125 in Jul 22, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,170 in taxes each year. 320 East Southern Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $89,500. If we break it down further, the land itself was valued at $13,200. Improvements to the property, however, were assessed at a total of $76,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Aluminum Siding
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: 6
  • Bedroom Count: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 714
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,314
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,666
  • Gross Building Area: 1,666
  • Building Area: 952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GRINSLADE PARKSIDE HEIGHTS ADD DUVALL HE
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: GRINSDALE PARKSIDE HGTS L13

Ownership

  • Current Owner : SFR3 LLC
  • Previous Owner : RUSSO MICHELE
  • Previous Owner 2: SCHWARTZ KENNETH
  • Owner Before Previous Owner: JARDECTAN CORP
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357900

Geography

  • Assessors Map Reference: 2446-D1
  • District: 0001
  • Section: 240
  • Parcel: 49-11-24-145-008.000-101
  • Lot: 13
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7301
  • Longitude: -86.1509

    Address

  • Full Address: 320 E Southern Ave
  • Address - House Number: 320
  • Street Direction: E
  • Address - Street Name: Southern
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 2123
  • Zip Code: 46225

Valuation

    Tax

  • Total Area: 1,666
  • Tax Year: 2022
  • Tax Amount: $2,170
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 175,608
  • High Value: 220,387
  • Low Value: 130,830

    Market Valuation

  • Market Total Value: $89,500
  • Market Land Value: $13,200
  • Market Improvement Value: $76,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,500
  • Assessed Land Value: $13,200
  • Assessed Improvements Value: $76,300

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Transaction ID: 11804833416
  • Current Sale Price: $61,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000115592
  • Previous Sale Recording Date: Aug 05, 2020
  • Previous Sale Contract Date: Jul 22, 2020
  • Previous Sale Amount: $81,125
  • Previous Sale Document Type: Warranty Deed

About Garfield Park



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Frequently Asked Questions

What neighborhood is 320 East Southern Avenue located in?
The 320 East Southern Avenue is a house located in the neighborhood of Garfield Park in Garfield Park, Indianapolis.
What is the average sales price for listings in 320 East Southern Avenue?
The average sales price for units in 320 East Southern Avenue is $0 currently.

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