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3302 West Michigan Street

3302 West Michigan Street, Indianapolis, IN 46222
Multifamily in Near Westside
Sold Jan 13, 2022
$175,000
$131,250 by Cibm Bank
Mortgage Due Feb 01, 2047
Sold Sep 24, 2020
$92,755
$69,566 by First Merchants Bank Na
Mortgage
Local assessors in Indianapolis, IN have categorized 3302 West Michigan Street as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 5,271 square feet. The linear feet between the front and back of the lot was measured at 750 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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. 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 West Michigan Street has a total of 2,232 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 1,248 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 average. 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 - D. The building has a roof that is made of asphalt. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jan 7, 2022 for $175,000. That's $42.64 per sqft. Prior to that sales transaction, the property was also sold in Aug 19, 2020 for $92,755. 3302 West Michigan Street was last assessed in 2023. The total value of the property was assessed at $115,600. Specifically, the land the property is located on was valued at $4,600. While improvements on the property were assessed at a total of $111,000. 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 $2,786. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 1,248
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,271
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 700
  • Total Building Area: 4,104
  • Gross Building Area: 4,104
  • Building Area: 2,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MOORE AND TAYLORS SUBDIVISION
  • Land Acres: 0.121
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: MOORE & TAYLORS ADDITION L 32 & L33 EXCEPT 107OFF N PT OF BOTH LOTS

Ownership

  • Current Owner : BOUAZIZ ABDEL
  • Previous Owner : THOMAS WINDERS
  • Owner Before Previous Owner: RABIOU ASHRAF
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 390700

Geography

  • Assessors Map Reference: 2336-B2
  • District: 0009
  • Section: 4015003
  • Parcel: 49-11-04-103-035.000-901
  • Lot: 32,33
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7746
  • Longitude: -86.2136

    Address

  • Full Address: 3302 W Michigan St
  • Address - House Number: 3302
  • Street Direction: W
  • Address - Street Name: Michigan
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C008
  • 4-Digit Zip Code: 3562
  • Zip Code: 46222

Valuation

    Tax

  • Total Area: 4,104
  • Tax Year: 2022
  • Tax Amount: $2,786
  • Tax Rate Code Area: 901

    Appraisal Valuation

  • Standard Deviation: 0.242
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 196,469
  • High Value: 244,030
  • Low Value: 148,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $131,250
  • First Open Lien Mortgage Lender: CIBM BANK
  • First Open Lien Mortgage Recording Date: Jan 13, 2022
  • First Open Lien Mortgage Loan Amount: $131,250
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2047

    Market Valuation

  • Market Total Value: $115,600
  • Market Land Value: $4,600
  • Market Improvement Value: $111,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,600
  • Assessed Land Value: $4,600
  • Assessed Improvements Value: $111,000

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Jan 13, 2022
  • Current Sale Transaction ID: 11879732208
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6733
  • Previous Sale Recording Date: Sep 24, 2020
  • Previous Sale Contract Date: Aug 19, 2020
  • Previous Sale Amount: $92,755
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CIBM BANK
  • First Mortgage Transaction Date: Jan 13, 2022
  • First Mortgage Loan Amount: $131,250
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MERCHANTS BANK NA
  • Previous Mortgage Transaction Date: Sep 24, 2020
  • Previous Mortgage Loan Amount: $69,566
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 3302 West Michigan Street located in?
The 3302 West Michigan Street is a multifamily located in the neighborhood of Near Westside in Near Westside, Indianapolis.
What is the average sales price for listings in 3302 West Michigan Street?
The average sales price for units in 3302 West Michigan Street is $0 currently.

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