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3502 6th Street

3502 6th Street, Indianapolis, IN 46221
Property in Mars Hill
Sold Dec 08, 2021
$174,600
$139,680 by Eustis Mortgage Corp
Mortgage Due Dec 01, 2051
Local assessors in Indianapolis, IN have categorized 3502 6th Street as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 9,017 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 600 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, 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 3502 6th Street has a total of 1,392 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 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 - 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. 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, 3502 6th Street sold most recently in Nov 19, 2021 for a total of $174,600. If you work out the math, that's approximately a cost of $125.43 per sqft. 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 $839 in taxes each year. 3502 6th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $110,700. If we break it down further, the land itself was valued at $10,500. Improvements to the property, however, were assessed at a total of $100,200. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Fair
  • 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: 9,017
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MAYWOOD MANOR 1ST SEC
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MAYWOOD MANOR 1ST SEC L45

Ownership

  • Current Owner : HAWK ROSANNE M
  • Current Owner 2: BROWN LAURENCE GRADY
  • Previous Owner : COFFEY JONES CATHERINE ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Assessors Map Reference: 2445-B3
  • District: 0002
  • Section: 290
  • Parcel: 49-11-29-103-025.000-200
  • Lot: 45
  • Municipality: DECATUR TOWNSHIP
  • Latitude: 39.7193
  • Longitude: -86.2181

    Address

  • Full Address: 3502 6th Ave E
  • Address - House Number: 3502
  • Street Segment Direction: E
  • Address - Street Name: 6th
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C023
  • 4-Digit Zip Code: 2112
  • Zip Code: 46221

Valuation

    Tax

  • Total Area: 1,392
  • Tax Year: 2022
  • Tax Amount: $839
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 171,899
  • High Value: 210,531
  • Low Value: 133,267

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $139,680
  • First Open Lien Mortgage Lender: EUSTIS MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 14, 2022
  • First Open Lien Mortgage Loan Amount: $139,680
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $110,700
  • Market Land Value: $10,500
  • Market Improvement Value: $100,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,700
  • Assessed Land Value: $10,500
  • Assessed Improvements Value: $100,200

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Transaction ID: 11875038960
  • Current Sale Price: $174,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100163234

    Last Sale Mortgage

  • First Mortgage Lender: EUSTIS MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 08, 2021
  • First Mortgage Loan Amount: $139,680
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Lender: INDIANA HOUSING & CMNTY DEV
  • Second Mortgage Transaction Date: Dec 08, 2021
  • Second Mortgage Loan Amount: $8,640
  • Second Mortgage Loan Due Date: Nov 19, 2030

About Mars Hill



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Frequently Asked Questions

What neighborhood is 3502 6th Street located in?
The 3502 6th Street is a located in the neighborhood of Mars Hill in Mars Hill, Indianapolis.
What is the average sales price for listings in 3502 6th Street?
The average sales price for units in 3502 6th Street is $0 currently.

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