See Home Value
$124,000 - $150,000
House - Off Market

3318 S Oakland Avenue

Indianapolis, IN 46237
bedrooms
2 Beds
bathrooms
1 Bath
square feet
856 Sqft
Sold Mar 29, 2024
$174,163
$130,950 by United Wholesale Mortgage Llc
Mortgage Due Apr 01, 2054
Sold Apr 16, 2020
$58,400
$46,720 by Caliber Home Loans Inc
Mortgage

About This Property

Ready for you! Updates include brand new flooring throughout, fresh paint, fresh clean, updated siding, updated kitchen, updated bath, water heater 1 yr. old, 2 yr. refrigerator and oven/range, new range exhaust fan, furnace and a/c 10 yrs. Washer/Dryer1 yr. Privacy Fence Low utilities Gas $120, Elec. $50 Water $30 No exemptions filed - former rental - will come down with new owner that files for homestead.

The manager has listed the unit size as 856 square feet.
Unit Size
856Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$160
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942

Price History

Date / Event Date Event Price
Mar 29, 2024 No longer available -
No longer available
Mar 10, 2024 In contract -
In contract
Feb 29, 2024 Listed $137,000
Listed
Nov 30, 2023 No longer available -
No longer available
Aug 8, 2023 Listed $125,000
Listed
***THIS HOME IS FOR SALE AN INVESTMENT ONLY!*** The current tenants still have 2.5 years left on their contract. Looking for a new landlord to purchase the property. Current tenants pay $800 a month. Lease does appear to allow landlord to raise the rent. Lease attached to BLC. Updates include new roof, new siding, carpet, vinyl flooring in kitchen and interior paint. The manager has listed the unit size as 856 square feet.
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,820
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 756
  • Gross Building Area: 756
  • Building Area: 756
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 756
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HANSING PARK SUR
  • Land Acres: 0.455
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: 165FT SL 120FT WL BEG 711.7FT N OF SL & 515FT WOF EL SE1/4 NW1/4 S29 T15 R4 .46AC TRS114 & 115HANSING PARK

Ownership

  • Current Owner : THANG LIAN ZA
  • Previous Owner : GARSULAO IVORY ROSE D
  • Owner Before Previous Owner: 9TH DEGREE RENOVATIONS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380301

Geography

  • Assessors Map Reference: 2447-C3
  • District: 0005
  • Section: 290
  • Parcel: 49-10-29-122-077.000-574
  • Meridian: SEC 29 TWN 15 RNG 4
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.7181
  • Longitude: -86.1127

    Address

  • Full Address: 3318 S Oakland Ave
  • Address - House Number: 3318
  • Street Direction: S
  • Address - Street Name: Oakland
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 1155
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 756
  • Tax Year: 2022
  • Tax Amount: $1,498
  • Tax Rate Code Area: 574

    Appraisal Valuation

  • Standard Deviation: 0.1642
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 142,483
  • High Value: 165,880
  • Low Value: 119,087

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,950
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 29, 2024
  • First Open Lien Mortgage Loan Amount: $130,950
  • 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, 2054

    Market Valuation

  • Market Total Value: $58,900
  • Market Land Value: $15,800
  • Market Improvement Value: $43,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,900
  • Assessed Land Value: $15,800
  • Assessed Improvements Value: $43,100

    Sales

  • Current Sale Contract Date: Mar 22, 2024
  • Current Sale Recording Date: Mar 29, 2024
  • Current Sale Transaction ID: 11923637399
  • Current Sale Price: $174,163
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 23912
  • Previous Sale Recording Date: Apr 16, 2020
  • Previous Sale Contract Date: Apr 10, 2020
  • Previous Sale Amount: $58,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 29, 2024
  • First Mortgage Loan Amount: $130,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Apr 16, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $46,720
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
Condo
2 Beds
1.5 Baths
1,009 ft²
$159/ft²
$160,500 Feb 2, 2024
-
$150/mo
Commercial
Loft
-
1,114 ft²
$117/ft²
$129,900 Mar 19, 2023
-
-

About University Heights


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Frequently Asked Questions

When was property at 3318 South Oakland Avenue built and last sold?
The property at 3318 South Oakland Avenue was built in 1942 and last sold on Mar 22, 2024 for $174,163.
How much is this home worth?
The estimated value of the home located at 3318 South Oakland Avenue is $132,340.
What are some comparable homes to 3318 South Oakland Avenue?
Homes that are comparable to 3318 South Oakland Avenue include a commercial property at 9 North 18th Avenue, a condo property at 1925 Ticen Court, which are both great to check out.

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