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3916 North Pennsylvania Street

3916 North Pennsylvania Street, Indianapolis, IN 46205
Property in Meridian Kessler
Sold Aug 06, 2020
$515,000
Buyer
Seller
$489,250 by First Merchants Bank Na
Mortgage
3916 North Pennsylvania Street in Indianapolis, IN was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1987. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 3916 North Pennsylvania Street has 3,318 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,560 sqft and has been categorized as a full basement. In total, the area measurement of the land is 16,712 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 720 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating 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, 3916 North Pennsylvania Street was last sold in Jul 30, 2020 for $515,000. According to our calculations, that's $91.87 per sqft. Current property owners are expected to pay $6,751 in taxes per year. The property on 3916 North Pennsylvania Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $574,600. To break that down further, the land itself was valued at $91,900. While improvements to the property were assessed at a total of $482,700. 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. 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!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: 1925
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,560
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 16,712
  • Total Building Area: 5,606
  • Gross Building Area: 5,606
  • Building Area: 3,318
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,318
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MARTINDALE & COS SUBDIVISION
  • Land Acres: 0.384
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MARTINDALE & COS ADD L17 BEG 5FT W & 33FT N OF SECOR 95.5FT EL BY 175FT SL

Ownership

  • Current Owner : CHENEY KEITH
  • Previous Owner : HERD LYNETTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 322000

Geography

  • Assessors Map Reference: 2228-C2
  • District: 0008
  • Section: 130
  • Parcel: 49-06-13-150-088.000-801
  • Lot: 17
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8273
  • Longitude: -86.1551

    Address

  • Full Address: 3916 N Pennsylvania St
  • Address - House Number: 3916
  • Street Direction: N
  • Address - Street Name: Pennsylvania
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C029
  • 4-Digit Zip Code: 2654
  • Zip Code: 46205

Valuation

    Tax

  • Total Area: 4,958
  • Tax Year: 2022
  • Tax Amount: $6,751
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 510,346
  • High Value: 625,040
  • Low Value: 395,652

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $489,250
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Open Lien Mortgage Recording Date: Aug 06, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $489,250
  • 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: $574,600
  • Market Land Value: $91,900
  • Market Improvement Value: $482,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $574,600
  • Assessed Land Value: $91,900
  • Assessed Improvements Value: $482,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Transaction ID: 11784957801
  • Current Sale Price: $515,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000084428

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK NA
  • First Mortgage Transaction Date: Aug 06, 2020
  • First Mortgage Loan Amount: $489,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Meridian Kessler



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Frequently Asked Questions

What neighborhood is 3916 North Pennsylvania Street located in?
The 3916 North Pennsylvania Street is a located in the neighborhood of Meridian Kessler in Meridian Kessler, Indianapolis.
What is the average sales price for listings in 3916 North Pennsylvania Street?
The average sales price for units in 3916 North Pennsylvania Street is $0 currently.

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