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3318 Laurel Street

3318 Laurel Street, Indianapolis, IN 46227
Sold Jan 20, 2022
$119,800
$95,800 by Huntington National Bank
Mortgage Due Jan 01, 2052
Sold Jan 31, 2020
$110,000
$95,136 by Federal Savings Bank
Mortgage
3318 Laurel Street in Indianapolis, IN was first built in 1964 and is 60 years old. Although, the building on the property was most recently renovated and altered in 2009. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. 3318 Laurel Street has 1,068 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 linear feet across the front of the lot is 620 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 8,364 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 detached garage. The garage is 240 sqft. 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 masonry 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 average. Walk into the home itself and you'll find that it is currently being cooled with central 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, 3318 Laurel Street sold most recently in Jan 5, 2022 for a total of $119,800. If you work out the math, that's approximately a cost of $112.17 per sqft. Before that, the property was also sold for $110,000 in Jan 24, 2020. 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 $3,606 in taxes each year. 3318 Laurel Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $166,200. If we break it down further, the land itself was valued at $13,500. Improvements to the property, however, were assessed at a total of $152,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,364
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,068
  • Gross Building Area: 1,068
  • Building Area: 1,068
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,068
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ELLIS INVESTMENT CO INC 2ND SHELBY ST AD
  • Land Acres: 0.192
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ELLIS INVEST CO INC 2ND SHELBY ST ADD L36

Ownership

  • Current Owner : REYES LUIS
  • Current Owner 2: CASTELLANOS PATRICIA
  • Previous Owner : REYES PRADO LUIS EDUARDO
  • Owner Before Previous Owner: SKY STONE PROPERTY MANAGER LLC
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 380302

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2446-E3
  • District: 0005
  • Section: 300
  • Parcel: 49-10-30-110-001.031-501
  • Lot: 36
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.7181
  • Longitude: -86.1363

    Address

  • Full Address: 3318 Laurel St
  • Address - House Number: 3318
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C015
  • 4-Digit Zip Code: 3221
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 1,068
  • Tax Year: 2022
  • Tax Amount: $3,606
  • Tax Rate Code Area: 501

    Appraisal Valuation

  • Standard Deviation: 0.2478
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 185,462
  • High Value: 231,438
  • Low Value: 139,486

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,800
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jan 20, 2022
  • First Open Lien Mortgage Loan Amount: $95,800
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $166,200
  • Market Land Value: $13,500
  • Market Improvement Value: $152,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,200
  • Assessed Land Value: $13,500
  • Assessed Improvements Value: $152,700

    Sales

  • Current Sale Contract Date: Jan 05, 2022
  • Current Sale Recording Date: Jan 20, 2022
  • Current Sale Transaction ID: 11878538072
  • Current Sale Price: $119,800
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 9791
  • Previous Sale Recording Date: Jan 31, 2020
  • Previous Sale Contract Date: Jan 24, 2020
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Jan 20, 2022
  • First Mortgage Loan Amount: $95,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Jan 31, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $95,136
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About University Heights



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Frequently Asked Questions

What neighborhood is 3318 Laurel Street located in?
The 3318 Laurel Street is a house located in the neighborhood of Carson Heights in University Heights, Indianapolis.
What is the average sales price for listings in 3318 Laurel Street?
The average sales price for units in 3318 Laurel Street is $0 currently.

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