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3201 South Parker Avenue

3201 South Parker Avenue, Indianapolis, IN 46237
Sold Feb 18, 2019
$108,000
$106,043 by Approved Mortgage Corp
Mortgage
Sold Jul 11, 2017
$92,000
$90,333 by Regions Bank
Mortgage Due Jul 01, 2047
3201 South Parker Avenue in Indianapolis, IN was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 2000. 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, 3 are bedrooms. 3201 South Parker Avenue has 1,080 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 1,200 ft and the linear feet between the front and back of the lot is 1,650. In total, the area measurement of the land is 19,820 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. For those who need parking, there is a detached garage. The garage is 440 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 central air conditioning. As for heating, the home is utilizing a central heating 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, 3201 South Parker Avenue sold most recently in Feb 15, 2019 for a total of $108,000. If you work out the math, that's approximately a cost of $100.00 per sqft. Before that, the property was also sold for $92,000 in Jun 28, 2017. 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 $3,421 in taxes each year. 3201 South Parker Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $140,200. If we break it down further, the land itself was valued at $15,800. Improvements to the property, however, were assessed at a total of $124,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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

Parking

Detached Garage
Heated Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,820
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HANSING PARK SUR
  • Land Acres: 0.455
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: HANSING PARK SURVEY BEG 515FT W OF NE COR 120FTEL X 165FT NL SE1/4 NW1/4 S29 T15 R4 0.45AC TR 84 &TR 85

Ownership

  • Current Owner : RITCHIE ASHLEY
  • Previous Owner : REINHOLD AUSTIN Q
  • Previous Owner 2: REINHOLD ALESHA L
  • Owner Before Previous Owner: THOMPSON JOEL IAN
  • Owner Before Previous Owner 2: THOMPSON ABBY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380301

Geography

  • Assessors Map Reference: 2447-C3
  • District: 0005
  • Section: 290
  • Subdivision Tract Number: 84,85
  • Parcel: 49-10-29-122-089.000-574
  • Lot: 1
  • Meridian: SEC 29 TWN 15 RNG 4
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.7194
  • Longitude: -86.1133

    Address

  • Full Address: 3201 S Parker Ave
  • Address - House Number: 3201
  • Street Direction: S
  • Address - Street Name: Parker
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 1148
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 1,080
  • Tax Year: 2022
  • Tax Amount: $3,421
  • Tax Rate Code Area: 574

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 187,668
  • High Value: 234,058
  • Low Value: 141,278

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $137,368
  • First Open Lien Mortgage Lender: APPROVED MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 18, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $106,043
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Jan 06, 2022
  • Second Open Lien Mortgage Loan Amount: $31,325
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $140,200
  • Market Land Value: $15,800
  • Market Improvement Value: $124,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,200
  • Assessed Land Value: $15,800
  • Assessed Improvements Value: $124,400

    Sales

  • Current Sale Contract Date: Feb 15, 2019
  • Current Sale Recording Date: Feb 18, 2019
  • Current Sale Transaction ID: 11589298771
  • Current Sale Price: $108,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900014212
  • Previous Sale Recording Date: Jul 11, 2017
  • Previous Sale Contract Date: Jun 28, 2017
  • Previous Sale Amount: $92,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: APPROVED MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 18, 2019
  • First Mortgage Loan Amount: $106,043
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Jul 11, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $90,333
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About University Heights



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Frequently Asked Questions

What neighborhood is 3201 South Parker Avenue located in?
The 3201 South Parker Avenue is a house located in the neighborhood of University Heights in University Heights, Indianapolis.
What is the average sales price for listings in 3201 South Parker Avenue?
The average sales price for units in 3201 South Parker Avenue is $105,000 , or $97/sqft. currently.

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