Check Availability

3302 Collier Street

3302 Collier Street, Indianapolis, IN 46221
Property in Mars Hill
Sold May 12, 2020
$110,500
$108,989 by Plaza Home Mortgage Bank
Mortgage
Sold May 31, 2019
$40,000
Local assessors in Indianapolis, IN have categorized 3302 Collier Street as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 10,411 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 800 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. There are also 3 partial bathrooms. 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 3302 Collier Street has a total of 944 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 218 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 none 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 768 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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, 3302 Collier Street sold most recently in May 7, 2020 for a total of $110,500. If you work out the math, that's approximately a cost of $95.09 per sqft. Before that, the property was also sold for $40,000 in May 30, 2019. 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 $2,077 in taxes each year. 3302 Collier Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $181,900. If we break it down further, the land itself was valued at $6,700. Improvements to the property, however, were assessed at a total of $175,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1940
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 218
  • Garage Type: Detached
  • Garage Square Area: 768
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,411
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,162
  • Gross Building Area: 1,162
  • Building Area: 944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: MARS HILL
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MARS HILL L0919 & L0920

Ownership

  • Current Owner : MELENDEZ LILLAN
  • Current Owner 2: MELENDEZ JOSE A
  • Previous Owner : GREGORY KIMBERLY
  • Previous Owner 2: GREGORY DANNY
  • Owner Before Previous Owner: MILLER MERRILL
  • Owner Before Previous Owner 2: MILLER VENICE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Decatur Township Metropolitan School District
  • Census Tract: 370204

Geography

  • Assessors Map Reference: 2444-E3
  • District: 0002
  • Section: 290
  • Parcel: 49-11-29-111-537.000-200
  • Lot: 919
  • Municipality: DECATUR TOWNSHIP
  • Latitude: 39.7148
  • Longitude: -86.2313

    Address

  • Full Address: 3302 Collier St
  • Address - House Number: 3302
  • Address - Street Name: Collier
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C027
  • 4-Digit Zip Code: 2314
  • Zip Code: 46221

Valuation

    Tax

  • Total Area: 1,092
  • Tax Year: 2022
  • Tax Amount: $2,077
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2333
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 232,757
  • High Value: 287,073
  • Low Value: 178,440

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,989
  • First Open Lien Mortgage Lender: PLAZA HOME MORTGAGE BANK
  • First Open Lien Mortgage Recording Date: May 12, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $108,989
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $181,900
  • Market Land Value: $6,700
  • Market Improvement Value: $175,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,900
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $175,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 07, 2020
  • Current Sale Recording Date: May 12, 2020
  • Current Sale Transaction ID: 11762104188
  • Current Sale Price: $110,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000047330
  • Previous Sale Recording Date: May 31, 2019
  • Previous Sale Contract Date: May 30, 2019
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAZA HOME MORTGAGE BANK
  • First Mortgage Transaction Date: May 12, 2020
  • First Mortgage Loan Amount: $108,989
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Mars Hill



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3420 Southwest Drive, Indianapolis, IN, 46241

$1,585 /mo

  • 3 Beds
  • 1 Bath
  • 1,688 ft²
3420 Southwest Drive, Indianapolis, IN, 46241 Listing by Teresa Lents
Unit for rent at 4409 Tucson Drive, Indianapolis, IN, 46241

$1,680 /mo

  • 3 Beds
  • 2 Baths
  • 1,008 ft²
4409 Tucson Drive, Indianapolis, IN, 46241 Listing by Teresa Lents

Frequently Asked Questions

What neighborhood is 3302 Collier Street located in?
The 3302 Collier Street is a located in the neighborhood of Mars Hill in Mars Hill, Indianapolis.
What is the average sales price for listings in 3302 Collier Street?
The average sales price for units in 3302 Collier Street is $0 currently.

Quantcast