See Home Value
$79,552*
House - Off Market

3660 Adams Street

Indianapolis, IN 46218
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1008 Sqft
$80,000 - $90,000
Reference Base Price*
-0.56%
Since Sep 1, 2023
National-US
Primary Model
Sold Aug 30, 2023
$81,529
$61,300 by Commercial Lender Llc
Mortgage Due Sep 01, 2024
Sold Jun 15, 2018
$48,000

About This Property

Cash flowing rental that meets the 1% rule.  Current rent is $825 and lease runs through 02/2024.  Tenants rights apply.  Do not disturb tenants

The manager has listed the unit size as 1008 square feet.
Unit Size
1,008Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$79
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Aug 30, 2023 No longer available -
No longer available
Aug 30, 2023 Sold $81,529
Sold
Jul 25, 2023 In contract -
In contract
Jun 23, 2023 Listed $80,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Concrete block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 750
  • Garage Type: Detached
  • Garage Square Area: 375
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,756
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,758
  • Gross Building Area: 1,758
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GLENCROFT ADD 2ND SEC
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: GLENCROFT L32

Ownership

  • Current Owner : 3360 ADAMS LLC
  • Previous Owner : 1IND2018 LLC
  • Owner Before Previous Owner: MORRIS INVEST LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 350600

Zoning

  • Zoning: ZO01

Geography

  • District: 0001
  • Section: 200
  • Parcel: 49-07-20-101-022.000-101
  • Lot: 32
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8231
  • Longitude: -86.1087

    Address

  • Full Address: 3660 Adams St
  • Address - House Number: 3660
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C035
  • 4-Digit Zip Code: 1327
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 1,758
  • Tax Year: 2022
  • Tax Amount: $1,583
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 113,697
  • High Value: 142,689
  • Low Value: 84,705

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $61,300
  • First Open Lien Mortgage Lender: COMMERCIAL LENDER LLC
  • First Open Lien Mortgage Recording Date: Aug 30, 2023
  • First Open Lien Mortgage Loan Amount: $61,300
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2024

    Market Valuation

  • Market Total Value: $68,200
  • Market Land Value: $4,500
  • Market Improvement Value: $63,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,200
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $63,700

    Sales

  • Current Sale Contract Date: Aug 23, 2023
  • Current Sale Recording Date: Aug 30, 2023
  • Current Sale Transaction ID: 11912012913
  • Current Sale Price: $81,529
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 72286
  • Previous Sale Recording Date: Jun 15, 2018
  • Previous Sale Contract Date: Jun 08, 2018
  • Previous Sale Amount: $48,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL LENDER LLC
  • First Mortgage Transaction Date: Aug 30, 2023
  • First Mortgage Loan Amount: $61,300
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
926 ft²
$86/ft²
$79,900 Jun 29, 2023
-
-
House
3 Beds
1 Bath
1,360 ft²
$63/ft²
$85,000 Jul 6, 2023
-
-
House
2 Beds
1 Bath
988 ft²
$91/ft²
$90,000 Jun 17, 2023
-
-
House
2 Beds
1 Bath
863 ft²
$96/ft²
$83,000 Jul 19, 2023
-
-

About Meadows


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Frequently Asked Questions

When was property at 3660 Adams Street built and last sold?
The property at 3660 Adams Street was built in 1925 and last sold on Aug 23, 2023 for $81,529.
How much is this home worth?
The estimated value of the home located at 3660 Adams Street is $83,124.
What are some comparable homes to 3660 Adams Street?
There are currently no comparable homes to 3660 Adams Street.

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