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359 Burgess Avenue

359 Burgess Avenue, Indianapolis, IN 46219
Property in Irvington
Sold Oct 02, 2020
$196,000
$186,000 by First Internet Bank Of Indiana
Mortgage
Sold Jun 02, 2010
$89,100
$71,250 by Bank Of America Na
Mortgage Due Jun 01, 2040
Local assessors in Indianapolis, IN have categorized 359 Burgess Avenue as a residential type of property. The home was built in 1921 and is 103 years old. It was most recently renovated and altered in 2003. The property's lot size has been calculated to be 6,926 square feet. The linear feet between the front and back of the lot was measured at 1,440 ft and the front of the lot was measured at 480 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 359 Burgess Avenue has a total of 1,587 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 384 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 252 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 359 Burgess Avenue was last sold in Sep 18, 2020 for $196,000. According to our calculations, that's $99.44 per sqft. Prior to that sales transaction, the property was sold for $89,100 in May 10, 2010. Current property owners are expected to pay $3,996 in taxes per year. The property on 359 Burgess Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $225,700. To break that down further, the land itself was valued at $22,100. While improvements to the property were assessed at a total of $203,600. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1921
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 384
  • Garage Type: Detached
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,926
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,971
  • Gross Building Area: 1,971
  • Building Area: 1,587
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,587
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JULIAN JOHNSONS RAWLS & GOODES ADD
  • Land Acres: 0.159
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: J J R & GS SUB W 1/2 STRIP 100 FT OFF E SIDEL140

Ownership

  • Current Owner : PAYNE WILLIAM HENRY
  • Previous Owner : LMNO PROPERTIES LLC
  • Owner Before Previous Owner: PRAIRIE STATE REAL ESTATE INVESTMENTS LL

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 361200

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2339-B4
  • District: 0007
  • Section: 100
  • Parcel: 49-10-10-178-214.000-701
  • Lot: 140
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7637
  • Longitude: -86.0727

    Address

  • Full Address: 359 Burgess Ave
  • Address - House Number: 359
  • Address - Street Name: Burgess
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 7126
  • Zip Code: 46219

Valuation

    Tax

  • Total Area: 1,971
  • Tax Year: 2022
  • Tax Amount: $3,996
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.233
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 280,516
  • High Value: 345,879
  • Low Value: 215,153

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $186,000
  • First Open Lien Mortgage Lender: FIRST INTERNET BANK OF INDIANA
  • First Open Lien Mortgage Recording Date: Oct 02, 2020
  • First Open Lien Mortgage Loan Amount: $186,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $225,700
  • Market Land Value: $22,100
  • Market Improvement Value: $203,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,700
  • Assessed Land Value: $22,100
  • Assessed Improvements Value: $203,600

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Transaction ID: 11802254536
  • Current Sale Price: $196,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000111659
  • Previous Sale Recording Date: Jun 02, 2010
  • Previous Sale Contract Date: May 10, 2010
  • Previous Sale Amount: $89,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST INTERNET BANK OF INDIANA
  • First Mortgage Transaction Date: Oct 02, 2020
  • First Mortgage Loan Amount: $186,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jun 02, 2010
  • Previous Mortgage Loan Amount: $71,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2040

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Frequently Asked Questions

What neighborhood is 359 Burgess Avenue located in?
The 359 Burgess Avenue is a located in the neighborhood of Irvington in Irvington, Indianapolis.
What is the average sales price for listings in 359 Burgess Avenue?
The average sales price for units in 359 Burgess Avenue is $0 currently.

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