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359 South Grand Avenue

359 South Grand Avenue, Indianapolis, IN 46219
House in Irvington
Sold Mar 18, 2020
$70,000
$422,000 by First Mid Illinois Bk & Tr Na
Mortgage Due Apr 05, 2026
359 South Grand 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 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 1986. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. The building has a total of 2 stories. In addition, 359 South Grand Avenue has 1,492 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 partial basement that is 364 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 1,700 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 6,795 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 detached garage for those who require parking. The garage measured 528 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 C 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. The property was last sold in Mar 13, 2020 for $70,000. That's $37.72 per sqft. 359 South Grand Avenue was last assessed in 2023. The total value of the property was assessed at $104,000. Specifically, the land the property is located on was valued at $9,400. While improvements on the property were assessed at a total of $94,600. 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 $2,308. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 364
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,795
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,856
  • Gross Building Area: 1,856
  • Building Area: 1,492
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,492
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MYERS UNIVERSITY PLACE
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MYERS UNIVERSITY PL L3 B 4

Ownership

  • Current Owner : JONES DANIEL T
  • Previous Owner : BLEIER CHRISTOPHER R
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2339-A4
  • District: 0007
  • Section: 100
  • Parcel: 49-10-10-179-108.000-701
  • Block: 4
  • Lot: 3
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7629
  • Longitude: -86.0812

    Address

  • Full Address: 359 S Grand Ave
  • Address - House Number: 359
  • Street Direction: S
  • Address - Street Name: Grand
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 6938
  • Zip Code: 46219

Valuation

    Tax

  • Total Area: 1,856
  • Tax Year: 2022
  • Tax Amount: $2,308
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 165,125
  • High Value: 206,916
  • Low Value: 123,335

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $422,000
  • First Open Lien Mortgage Lender: FIRST MID ILLINOIS BK & TR NA
  • First Open Lien Mortgage Recording Date: Apr 05, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $422,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 05, 2026

    Market Valuation

  • Market Total Value: $104,000
  • Market Land Value: $9,400
  • Market Improvement Value: $94,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,000
  • Assessed Land Value: $9,400
  • Assessed Improvements Value: $94,600

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: Mar 18, 2020
  • Current Sale Transaction ID: 11753822364
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000029472

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Mar 18, 2020
  • First Mortgage Loan Amount: $52,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

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

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