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3950 Broadway Street

3950 Broadway Street, Indianapolis, IN 46205
Sold May 10, 2019
$302,000
$291,600 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2051
Sold Oct 31, 2005
$44,300
$35,400 by Irwin Mortgage Corp
Mortgage Due Nov 01, 2035
3950 Broadway 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 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3950 Broadway Street has 1,872 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 972 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 1,320 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,621 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 252 sqft. According to our sources, there is one available parking space. 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 A 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. There is a single fireplace in the home. Perfect for those wintery nights. 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 May 2, 2019 for $302,000. That's $106.19 per sqft. Prior to that sales transaction, the property was also sold in Oct 12, 2005 for $44,300. 3950 Broadway Street was last assessed in 2023. The total value of the property was assessed at $332,200. Specifically, the land the property is located on was valued at $42,500. While improvements on the property were assessed at a total of $289,700. 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 $4,405. The initial tax year of delinquency was in 2020. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1920
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 972
  • Garage Type: Detached
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,621
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,844
  • Gross Building Area: 2,844
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARDMORE
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ARDMORE L120

Ownership

  • Current Owner : BLANCHETTE NICK P
  • Current Owner 2: BLANCHETTE MARGARET A
  • Previous Owner : LAFAY MARK C
  • Previous Owner 2: LAFAY CARRIE D
  • Owner Before Previous Owner: METROSPACE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 322100

Geography

  • Assessors Map Reference: 2228-D2
  • District: 0008
  • Section: 130
  • Parcel: 49-06-13-125-032.000-801
  • Lot: 120
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8281
  • Longitude: -86.1465

    Address

  • Full Address: 3950 Broadway St
  • Address - House Number: 3950
  • Address - Street Name: Broadway
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C029
  • 4-Digit Zip Code: 2729
  • Zip Code: 46205

Valuation

    Tax

  • Total Area: 2,844
  • Tax Year: 2022
  • Tax Amount: $4,405
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 415,370
  • High Value: 499,654
  • Low Value: 331,085

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $291,600
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Apr 06, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $291,600
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $332,200
  • Market Land Value: $42,500
  • Market Improvement Value: $289,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,200
  • Assessed Land Value: $42,500
  • Assessed Improvements Value: $289,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 02, 2019
  • Current Sale Recording Date: May 10, 2019
  • Current Sale Transaction ID: 11608418729
  • Current Sale Price: $302,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900041410
  • Previous Sale Recording Date: Oct 31, 2005
  • Previous Sale Contract Date: Oct 12, 2005
  • Previous Sale Amount: $44,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JP MORGAN CHASE BANK
  • First Mortgage Transaction Date: May 10, 2019
  • First Mortgage Loan Amount: $292,940
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: IRWIN MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 31, 2005
  • Previous Mortgage Loan Amount: $35,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Second
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Meridian Kessler



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Nearby Rentals

Unit for rent at

$1,625 /mo

  • 3 Beds
  • 1.5 Baths
  • 2,049 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 3950 Broadway Street located in?
The 3950 Broadway Street is a house located in the neighborhood of Meridian Kessler in Meridian Kessler, Indianapolis.
What is the average sales price for listings in 3950 Broadway Street?
The average sales price for units in 3950 Broadway Street is $0 currently.

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