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3524 Lambert Street

3524 Lambert Street, Indianapolis, IN 46241
Sold Oct 03, 2008
$60,700
3524 Lambert Street has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1952 and is 72 years old. However, we must point out that the home was most recently renovated and altered in 1984. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3524 Lambert Street has 720 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 720 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 870 ft. The area measurement of the land has been determined as 11,761 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 672 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The property was last sold in Sep 17, 2008 for $60,700. That's $28.74 per sqft. 3524 Lambert Street was last assessed in 2023. The total value of the property was assessed at $87,400. Specifically, the land the property is located on was valued at $9,100. While improvements on the property were assessed at a total of $78,300. 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 $1,050. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 720
  • Garage Type: Attached
  • Garage Square Area: 672
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 870
  • Total Building Area: 2,112
  • Gross Building Area: 2,112
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MORRIS PARK 2ND SEC
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MORRIS PARK 2ND SEC L45

Ownership

  • Current Owner : WOOD ADAM J
  • Previous Owner : SCHAEFER JOHN W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 342400

Geography

  • Assessors Map Reference: 2336-B6
  • District: 0009
  • Section: 170
  • Parcel: 49-11-17-107-044.000-900
  • Lot: 45
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7485
  • Longitude: -86.2178

    Address

  • Full Address: 3524 Lambert St
  • Address - House Number: 3524
  • Address - Street Name: Lambert
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C015
  • 4-Digit Zip Code: 4139
  • Zip Code: 46241

Valuation

    Tax

  • Total Area: 1,440
  • Tax Year: 2022
  • Tax Amount: $1,050
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.2398
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 141,522
  • High Value: 175,462
  • Low Value: 107,581

    Market Valuation

  • Market Total Value: $87,400
  • Market Land Value: $9,100
  • Market Improvement Value: $78,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,400
  • Assessed Land Value: $9,100
  • Assessed Improvements Value: $78,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 17, 2008
  • Current Sale Recording Date: Oct 03, 2008
  • Current Sale Transaction ID: 1179718281
  • Current Sale Price: $60,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2008-0115085

    Last Sale Mortgage

  • First Mortgage Lender: GMAC MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 03, 2008
  • First Mortgage Loan Amount: $59,927
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2023

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Frequently Asked Questions

What neighborhood is 3524 Lambert Street located in?
The 3524 Lambert Street is a located in the neighborhood of West Indianapolis in West Indianapolis, Indianapolis.
What is the average sales price for listings in 3524 Lambert Street?
The average sales price for units in 3524 Lambert Street is $0 currently.

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