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3231 North College Avenue

3231 North College Avenue, Indianapolis, IN 46205
Sold Oct 15, 2021
$225,600
$180,500 by Ruoff Mortgage Co Inc
Mortgage
Local assessors in Indianapolis, IN have categorized 3231 North College Avenue as a residential type of property. The home was built in 1921 and is 103 years old. It was most recently renovated and altered in 1966. The property's lot size has been calculated to be 7,187 square feet. The linear feet between the front and back of the lot was measured at 1,440 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. 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 3231 North College Avenue has a total of 2,608 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 partial basement that is 432 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 3231 North College Avenue sold most recently in Aug 9, 2021 for a total of $225,600. If you work out the math, that's approximately a cost of $86.50 per sqft. 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 $2,164 in taxes each year. 3231 North College Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $199,100. If we break it down further, the land itself was valued at $36,800. Improvements to the property, however, were assessed at a total of $162,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 432
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,608
  • Gross Building Area: 2,608
  • Building Area: 2,608
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,608
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OSGOODS FOREST PARK ADD 4TH SEC
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: OSGOODS FOREST PARK L202

Ownership

  • Current Owner : GREGORY DOMONIQUE W
  • Current Owner 2: MOORE JENNIFER J
  • Previous Owner : GREGORY RAYMOND MANSFIELD
  • Previous Owner 2: GREGORY PAULA JERINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • District: 0001
  • Section: 240
  • Parcel: 49-06-24-127-004.000-101
  • Lot: 202
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8149
  • Longitude: -86.1446

    Address

  • Full Address: 3231 N College Ave
  • Address - House Number: 3231
  • Street Direction: N
  • Address - Street Name: College
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C024
  • 4-Digit Zip Code: 3856
  • Zip Code: 46205

Valuation

    Tax

  • Total Area: 2,608
  • Tax Year: 2022
  • Tax Amount: $2,164
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 283,075
  • High Value: 342,350
  • Low Value: 223,799

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,500
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Oct 15, 2021
  • First Open Lien Mortgage Loan Amount: $180,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $199,100
  • Market Land Value: $36,800
  • Market Improvement Value: $162,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,100
  • Assessed Land Value: $36,800
  • Assessed Improvements Value: $162,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11861216622
  • Current Sale Price: $225,600
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: A202100138635

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE CO INC
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $180,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 3231 North College Avenue located in?
The 3231 North College 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 3231 North College Avenue?
The average sales price for units in 3231 North College Avenue is $0 currently.

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