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324 East 7th Street

324 East 7th Street, Indianapolis, IN 46202
324 East 7th Street is a condo located in Renaissance Place, Indianapolis. The building was first built in 1982 and is 42 years old. In total, 324 East 7th Street has a total floor area of 1,470 square feet. 324 East 7th Street has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 106 days and tend to sell above the original asking price of $289,400 by 5.07%. Meaning, listings tend to sell at a median of $258 price per square foot. The transaction that took the longest to complete was listed on Jan 06, 2021 for $309,900. This particular unit ultimately sold 106 days later for $325,600. The most recent transaction which was first advertised on Jan 06, 2021, sold for $325,600 on Apr 22, 2021. Fun fact, the oldest transaction we have on record took place on Apr 22, 2021. See the full transaction history for 324 East 7th Street below.

Renaissance Place, where 324 East 7th Street is located, has a median asking price of $383,500 for condo buildings. Meanwhile, the building itself has a median asking price of $289,400. For interested buyers, that means the building's median asking price is around 0.25% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210106
01/06/2021
2 Bed
1.5 Bath
1120 ft²
$309,900
bedrooms
2 Bed
bathrooms
1.5 Bath
square feet
1120 ft²
$325,600 +5.07%
04/22/2021
Jennifer Wolfe

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Row home
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 350
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,941
  • Total Building Area: 1,470
  • Gross Building Area: 1,470
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RENAISSANCE PLACE REPLAT
  • Land Acres: 0.068
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: RENAISSANCE PLACE REPLAT L29 OL39

Ownership

  • Current Owner : ROWLEY THOMAS
  • Previous Owner : MORRIS MELVIN D
  • Previous Owner 2: MORRIS KAYLA K
  • Owner Before Previous Owner: NEWSOM ERIC T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354202

Geography

  • Assessors Map Reference: 2337-D2
  • District: 0001
  • Section: 1015003
  • Parcel: 49-11-01-206-019.000-101
  • Lot: 29
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7774
  • Longitude: -86.1516

    Address

  • Full Address: 324 E 7th St
  • Address - House Number: 324
  • Street Direction: E
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C049
  • 4-Digit Zip Code: 3356
  • Zip Code: 46202

Valuation

    Tax

  • Total Area: 1,120
  • Tax Year: 2022
  • Tax Amount: $3,511
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 365,682
  • High Value: 447,754
  • Low Value: 283,609

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,460
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Apr 22, 2021
  • First Open Lien Mortgage Loan Amount: $260,460
  • 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: $289,800
  • Market Land Value: $56,900
  • Market Improvement Value: $232,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,800
  • Assessed Land Value: $56,900
  • Assessed Improvements Value: $232,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 13, 2021
  • Current Sale Recording Date: Apr 22, 2021
  • Current Sale Transaction ID: 11835250084
  • Current Sale Price: $325,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100053399
  • Previous Sale Recording Date: Apr 13, 2017
  • Previous Sale Contract Date: Apr 07, 2017
  • Previous Sale Amount: $254,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Apr 22, 2021
  • First Mortgage Loan Amount: $260,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: RUOFF MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Apr 13, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $249,399
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2047

About Downtown Indianapolis



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Nearby Rentals

Unit for rent at

$3,000 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,280 ft²
Listing by Tony Papalia
Unit for rent at

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,750 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 324 East 7th Street located in?
The 324 East 7th Street is a condo located in the neighborhood of Renaissance Place in Downtown Indianapolis, Indianapolis.
What is the average sales price for listings in 324 East 7th Street?
The average sales price for units in 324 East 7th Street is $289,400 , or $258/sqft. currently.

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