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3729 East Vermont Street

3729 East Vermont Street, Indianapolis, IN 46201
Multifamily in Rural-Sherman
Sold Feb 28, 2022
$112,500
$90,000 by Caliber Home Loans Inc
Mortgage Due Mar 01, 2052
Sold Dec 14, 2020
$60,000
$48,000 by Mjw Financial Llc
Mortgage
3729 East Vermont 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 1937 and is 87 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3729 East Vermont Street has 772 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 750 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 400 ft. The area measurement of the land has been determined as 5,401 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 no 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 Feb 18, 2022 for $112,500. That's $73.92 per sqft. Prior to that sales transaction, the property was also sold in Oct 30, 2020 for $60,000. 3729 East Vermont Street was last assessed in 2023. The total value of the property was assessed at $105,300. Specifically, the land the property is located on was valued at $6,100. While improvements on the property were assessed at a total of $99,200. 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 $2,692. 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

Vinyl Siding

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 750
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,522
  • Gross Building Area: 1,522
  • Building Area: 772
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 772
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HARTMANS ADD ROBISON & VOORHEES
  • Land Acres: 0.124
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: HARTMANS ADD ROBISON & VOORHEES ADD L43

Ownership

  • Current Owner : MINICH JACOB A
  • Current Owner 2: MINICH SAMANTHA R
  • Previous Owner : JOSHUA DRUMMOND
  • Owner Before Previous Owner: DRUMMOND WORLDWIDE LLC
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355100

Geography

  • Assessors Map Reference: 2338-D3
  • District: 0001
  • Section: 5015004
  • Parcel: 49-10-05-133-045.000-101
  • Lot: 43
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7728
  • Longitude: -86.1028

    Address

  • Full Address: 3729 E Vermont St
  • Address - House Number: 3729
  • Street Direction: E
  • Address - Street Name: Vermont
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 3452
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,522
  • Tax Year: 2022
  • Tax Amount: $2,692
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 169,399
  • High Value: 207,469
  • Low Value: 131,328

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 28, 2022
  • First Open Lien Mortgage Loan Amount: $90,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $105,300
  • Market Land Value: $6,100
  • Market Improvement Value: $99,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,300
  • Assessed Land Value: $6,100
  • Assessed Improvements Value: $99,200

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Transaction ID: 11880478334
  • Current Sale Price: $112,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 24510
  • Previous Sale Recording Date: Dec 14, 2020
  • Previous Sale Contract Date: Oct 30, 2020
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Feb 28, 2022
  • First Mortgage Loan Amount: $90,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MJW FINANCIAL LLC
  • Previous Mortgage Transaction Date: Dec 14, 2020
  • Previous Mortgage Loan Amount: $48,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Near Eastside



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Frequently Asked Questions

What neighborhood is 3729 East Vermont Street located in?
The 3729 East Vermont Street is a multifamily located in the neighborhood of Rural-Sherman in Near Eastside, Indianapolis.
What is the average sales price for listings in 3729 East Vermont Street?
The average sales price for units in 3729 East Vermont Street is $0 currently.

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