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325 Harvard Place

325 Harvard Place, Indianapolis, IN 46208
Sold Dec 19, 2018
$115,000
$113,130 by Newrez Llc
Mortgage Due Nov 01, 2051
Sold Sep 07, 2018
Transfer
325 Harvard Place 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 1921 and is 103 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 325 Harvard Place has 982 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 480 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 900 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 3,615 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 216 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 average. 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 C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central 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, 325 Harvard Place sold most recently in Dec 14, 2018 for a total of $115,000. If you work out the math, that's approximately a cost of $78.66 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 $1,606 in taxes each year. 325 Harvard Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $149,500. If we break it down further, the land itself was valued at $16,700. Improvements to the property, however, were assessed at a total of $132,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 480
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,615
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,462
  • Gross Building Area: 1,462
  • Building Area: 982
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 982
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MAPLE HEIGHTS
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MAPLE HEIGHTS L33

Ownership

  • Current Owner : BARKER JUSTIN DALE
  • Previous Owner : BROOKS HOLDINGS LLC
  • Owner Before Previous Owner: LIONHEART IN LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 322000

Geography

  • Assessors Map Reference: 2228-B2
  • District: 0008
  • Section: 140
  • Parcel: 49-06-14-119-047.000-801
  • Lot: 33
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8255
  • Longitude: -86.1649

    Address

  • Full Address: 325 Harvard Pl
  • Address - House Number: 325
  • Address - Street Name: Harvard
  • Address - Suffix Type: Pl
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C047
  • 4-Digit Zip Code: 3914
  • Zip Code: 46208

Valuation

    Tax

  • Total Area: 1,462
  • Tax Year: 2022
  • Tax Amount: $1,606
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 213,862
  • High Value: 261,925
  • Low Value: 165,799

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $113,130
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Oct 13, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $113,130
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $149,500
  • Market Land Value: $16,700
  • Market Improvement Value: $132,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,500
  • Assessed Land Value: $16,700
  • Assessed Improvements Value: $132,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 14, 2018
  • Current Sale Recording Date: Dec 19, 2018
  • Current Sale Transaction ID: 11558156877
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800127493
  • Previous Sale Recording Date: Sep 07, 2018
  • Previous Sale Contract Date: Aug 28, 2018
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MILESTONE HOME LENDING
  • First Mortgage Transaction Date: Dec 19, 2018
  • First Mortgage Loan Amount: $111,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 325 Harvard Place located in?
The 325 Harvard Place is a house located in the neighborhood of Butler - Tarkington in Butler - Tarkington, Indianapolis.
What is the average sales price for listings in 325 Harvard Place?
The average sales price for units in 325 Harvard Place is $0 currently.

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