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3216 North Park Avenue

3216 North Park Avenue, Indianapolis, IN 46205
Sold Aug 07, 2020
$258,000
$206,400 by Merchants Bank
Mortgage Due Aug 07, 2050
Sold Jul 01, 2019
$122,000
$196,000 by Finance Of America Mortgage
Mortgage
Local assessors in Indianapolis, IN have categorized 3216 North Park Avenue as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 2013. The property's lot size has been calculated to be 6,621 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. There are also 3 partial bathrooms. 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 3216 North Park Avenue has a total of 2,107 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 unknown that is 448 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 average. 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. The home's a central heating system is the primary heating source. The property was last sold in Aug 4, 2020 for $258,000. That's $100.98 per sqft. Prior to that sales transaction, the property was also sold in Jun 25, 2019 for $122,000. 3216 North Park Avenue was last assessed in 2023. The total value of the property was assessed at $268,600. Specifically, the land the property is located on was valued at $35,500. While improvements on the property were assessed at a total of $233,100. 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 $3,134. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 448
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,621
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,555
  • Gross Building Area: 2,555
  • Building Area: 2,107
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,107
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OSGOODS FOREST PARK ADD 2ND SEC
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: OSGOODS FOREST PARK SEC 2 L69

Ownership

  • Current Owner : BROWN NATHAN
  • Current Owner 2: BROWN DANIELA
  • Previous Owner : MINK KURT
  • Owner Before Previous Owner: GRISE HOME & PROPERTY GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 350900

Geography

  • Assessors Map Reference: 2228-D4
  • Parcel: 49-06-24-118-004.000-101
  • Block: B
  • Lot: 69
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8144
  • Longitude: -86.1476

    Address

  • Full Address: 3216 N Park Ave
  • Address - House Number: 3216
  • Street Direction: N
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C024
  • 4-Digit Zip Code: 3836
  • Zip Code: 46205

Valuation

    Tax

  • Total Area: 2,555
  • Tax Year: 2022
  • Tax Amount: $3,134
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 357,230
  • High Value: 438,210
  • Low Value: 276,251

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,400
  • First Open Lien Mortgage Lender: MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $206,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 07, 2050

    Market Valuation

  • Market Total Value: $268,600
  • Market Land Value: $35,500
  • Market Improvement Value: $233,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,600
  • Assessed Land Value: $35,500
  • Assessed Improvements Value: $233,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 04, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Transaction ID: 11786092130
  • Current Sale Price: $258,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000084875
  • Previous Sale Recording Date: Jul 01, 2019
  • Previous Sale Contract Date: Jun 25, 2019
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERCHANTS BANK
  • First Mortgage Transaction Date: Aug 07, 2020
  • First Mortgage Loan Amount: $206,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE
  • Previous Mortgage Transaction Date: Jul 01, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $196,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 3216 North Park Avenue located in?
The 3216 North Park Avenue is a house located in the neighborhood of Mapleton - Fall Creek in Mapleton - Fall Creek, Indianapolis.
What is the average sales price for listings in 3216 North Park Avenue?
The average sales price for units in 3216 North Park Avenue is $0 currently.

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