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3268 Broadway Street

3268 Broadway Street, Indianapolis, IN 46205
Sold Mar 08, 2021
$180,000
$144,000 by Cibm Bank
Mortgage Due Apr 01, 2051
Sold Oct 19, 2017
$53,000
$52,040 by Loan Depot Inc
Mortgage Due Oct 01, 2047
Local assessors in Indianapolis, IN have categorized 3268 Broadway Street as a residential type of property. The home was built in 1910 and is 114 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 4,792 square feet. The linear feet between the front and back of the lot was measured at 960 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 7 rooms in the home. Of these, 3 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3268 Broadway Street has a total of 1,408 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 704 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 good. 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. The property was last sold in Mar 4, 2021 for $180,000. That's $85.23 per sqft. Prior to that sales transaction, the property was also sold in Sep 25, 2017 for $53,000. 3268 Broadway Street was last assessed in 2023. The total value of the property was assessed at $167,500. Specifically, the land the property is located on was valued at $30,100. While improvements on the property were assessed at a total of $137,400. 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 $1,834. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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

Brick Exterior / Wood Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 704
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,112
  • Gross Building Area: 2,112
  • Building Area: 1,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OSGOODS FOREST PARK ADD
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: OSGOODS FOREST PARK 96FT E END L126

Ownership

  • Current Owner : RICE MADISON E
  • Previous Owner : ALEXANDER MARCELL
  • Previous Owner 2: NOWLIN MIKELL D
  • Owner Before Previous Owner: LENDING PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2228-D4
  • District: 0001
  • Section: 240
  • Parcel: 49-06-24-142-036.000-101
  • Lot: 126
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8157
  • Longitude: -86.1464

    Address

  • Full Address: 3268 Broadway St
  • Address - House Number: 3268
  • Address - Street Name: Broadway
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C024
  • 4-Digit Zip Code: 3824
  • Zip Code: 46205

Valuation

    Tax

  • Total Area: 2,112
  • Tax Year: 2022
  • Tax Amount: $1,834
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 254,874
  • High Value: 312,154
  • Low Value: 197,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,000
  • First Open Lien Mortgage Lender: CIBM BANK
  • First Open Lien Mortgage Recording Date: Mar 08, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $144,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $167,500
  • Market Land Value: $30,100
  • Market Improvement Value: $137,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,500
  • Assessed Land Value: $30,100
  • Assessed Improvements Value: $137,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Transaction ID: 11830439562
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100030266
  • Previous Sale Recording Date: Oct 19, 2017
  • Previous Sale Contract Date: Sep 25, 2017
  • Previous Sale Amount: $53,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CIBM BANK
  • First Mortgage Transaction Date: Mar 08, 2021
  • First Mortgage Loan Amount: $144,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: LOAN DEPOT INC
  • Previous Mortgage Transaction Date: Oct 19, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $52,040
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2047

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Frequently Asked Questions

What neighborhood is 3268 Broadway Street located in?
The 3268 Broadway Street 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 3268 Broadway Street?
The average sales price for units in 3268 Broadway Street is $165,000 , or $78/sqft. currently.

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