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325 North Lasalle Street

325 North Lasalle Street, Indianapolis, IN 46201
Multifamily in Rural-Sherman
Sold Mar 23, 2022
$110,600
$88,500 by Movement Mortgage Llc
Mortgage Due Apr 01, 2052
Sold Mar 23, 2022
$110,600
$88,500 by Movement Mortgage Llc
Mortgage Due Apr 01, 2052
325 North Lasalle Street in Indianapolis, IN was first built in 1917 and is 107 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 17 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 325 North Lasalle Street has 1,088 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 basement is 500 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 380 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 5,314 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. The property is connected to a sewer system. For those who need parking, there is a garage. There is one available parking space. 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 C. The condition of the building has been evaluated as fair. Walk into the home itself and you'll find that it is currently being cooled with no 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, 325 North Lasalle Street sold most recently in Mar 18, 2022 for a total of $110,600. If you work out the math, that's approximately a cost of $69.65 per sqft. Before that, the property was also sold for $110,600 in Mar 18, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,421 in taxes each year. 325 North Lasalle Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $134,500. If we break it down further, the land itself was valued at $7,300. Improvements to the property, however, were assessed at a total of $127,200. 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.

Building Features

Exterior

Aluminum Siding
Vinyl Siding

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 17
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 500
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,314
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,588
  • Gross Building Area: 1,588
  • Building Area: 1,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,088
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOLLANDS SUB ROBISON & VOORHEES
  • Land Acres: 0.122
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: J W HOLLANDS SUB ROBINSON & VOORHEES ADD L7

Ownership

  • Current Owner : WENTZEL LISA
  • Current Owner 2: WENTZEL SHAWN
  • Previous Owner : LISA WENTZEL
  • Owner Before Previous Owner: SHAWN WENTZEL

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355000

Geography

  • Assessors Map Reference: 2338-C3
  • District: 0001
  • Section: 5015004
  • Parcel: 49-10-05-148-005.000-101
  • Lot: 7
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7727
  • Longitude: -86.1094

    Address

  • Full Address: 325 N Lasalle St
  • Address - House Number: 325
  • Street Direction: N
  • Address - Street Name: Lasalle
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 3405
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,588
  • Tax Year: 2022
  • Tax Amount: $3,421
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 211,643
  • High Value: 259,208
  • Low Value: 164,079

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,500
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 23, 2022
  • First Open Lien Mortgage Loan Amount: $88,500
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $134,500
  • Market Land Value: $7,300
  • Market Improvement Value: $127,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,500
  • Assessed Land Value: $7,300
  • Assessed Improvements Value: $127,200

    Sales

  • Current Sale Contract Date: Mar 18, 2022
  • Current Sale Recording Date: Mar 23, 2022
  • Current Sale Transaction ID: 11883613672
  • Current Sale Price: $110,600
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 35364
  • Previous Sale Recording Date: Mar 23, 2022
  • Previous Sale Contract Date: Mar 18, 2022
  • Previous Sale Amount: $110,600
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 23, 2022
  • First Mortgage Loan Amount: $88,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 23, 2022
  • Previous Mortgage Loan Amount: $88,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2052

About Near Eastside



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Nearby Rentals

Unit for rent at 1219 Spann Avenue, Indianapolis, IN, 46203

$3,700 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,027 ft²
1219 Spann Avenue, Indianapolis, IN, 46203 Listing by James Hart

Frequently Asked Questions

What neighborhood is 325 North Lasalle Street located in?
The 325 North Lasalle Street is a multifamily located in the neighborhood of Rural-Sherman in Near Eastside, Indianapolis.
What is the average sales price for listings in 325 North Lasalle Street?
The average sales price for units in 325 North Lasalle Street is $0 currently.

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