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3545 Margaret Avenue

3545 Margaret Avenue, Indianapolis, IN 46203
Property in Near Southeast
Sold Sep 23, 2011
$64,200
$63,352 by Metlife Home Loans
Mortgage Due Sep 01, 2041
3545 Margaret Avenue 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 1966 and is 58 years old. The home has a total of 8 rooms. 3 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, 3545 Margaret Avenue has 1,404 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 740 ft. The area measurement of the land has been determined as 9,757 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 312 sqft. According to our sources, there is one available parking space. 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 building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3545 Margaret Avenue was last sold in Aug 12, 2011 for $64,200. According to our calculations, that's $37.41 per sqft. Current property owners are expected to pay $1,287 in taxes per year. The property on 3545 Margaret Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $128,600. To break that down further, the land itself was valued at $16,900. While improvements to the property were assessed at a total of $111,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 312
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,757
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,716
  • Gross Building Area: 1,716
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEECHCREST ADD 4TH SEC
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BEECHCREST 4TH SEC L84

Ownership

  • Current Owner : GRAY DAVID ALAN
  • Previous Owner : WILKERSON BETTY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357500

Geography

  • Assessors Map Reference: 2447-D1
  • District: 0001
  • Section: 200
  • Parcel: 49-10-20-134-017.000-101
  • Lot: 84
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7331
  • Longitude: -86.1051

    Address

  • Full Address: 3545 Margaret Ave
  • Address - House Number: 3545
  • Address - Street Name: Margaret
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 4738
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,404
  • Tax Year: 2022
  • Tax Amount: $1,287
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2566
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 191,555
  • High Value: 240,708
  • Low Value: 142,402

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,352
  • First Open Lien Mortgage Lender: METLIFE HOME LOANS
  • First Open Lien Mortgage Recording Date: Sep 23, 2011
  • First Open Lien Mortgage Loan Amount: $63,352
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2041

    Market Valuation

  • Market Total Value: $128,600
  • Market Land Value: $16,900
  • Market Improvement Value: $111,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,600
  • Assessed Land Value: $16,900
  • Assessed Improvements Value: $111,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 2011
  • Current Sale Recording Date: Sep 23, 2011
  • Current Sale Transaction ID: 1141041547
  • Current Sale Price: $64,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201100085593

    Last Sale Mortgage

  • First Mortgage Lender: METLIFE HOME LOANS
  • First Mortgage Transaction Date: Sep 23, 2011
  • First Mortgage Loan Amount: $63,352
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2041

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Frequently Asked Questions

What neighborhood is 3545 Margaret Avenue located in?
The 3545 Margaret Avenue is a located in the neighborhood of Near Southeast in Near Southeast, Indianapolis.
What is the average sales price for listings in 3545 Margaret Avenue?
The average sales price for units in 3545 Margaret Avenue is $0 currently.

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