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41 1st Street Southeast

41 1st Street Southeast, Carmel, IN 46032
Property in Clay
41 1st Street Southeast has been categorized by the local assessors in Carmel, IN as a exempt 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 1978. The home has a total of 14 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 41 1st Street Southeast has 2,360 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 580 ft. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 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 concrete 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 and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $37,240,000 in Nov 3, 2023. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,738 in taxes each year. 41 1st Street Southeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $278,200. If we break it down further, the land itself was valued at $176,300. Improvements to the property, however, were assessed at a total of $101,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete
  • Building Style: Unknown
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,360
  • Gross Building Area: 2,360
  • Building Area: 2,360
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,360
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Exempt
  • Subdivision: DAVIS & BALES
  • Land Acres: 0.17
  • Standard Land Use Code: City, municipal, town, village owned
  • Legal Description 1: ACREAGE .00, SECTION 30, TOWNSHIP 18, RANGE 4, DAVIS & BALES, LOT PT 7

Ownership

  • Current Owner : OLD TOWN NORTH LLC
  • Previous Owner : LOR RANGELINE LLC
  • Owner Before Previous Owner: CITY OF CARMEL REDEVELOPMENT COMMISSION
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Carmel Clay Schools
  • Census Tract: 111007

Geography

  • Parcel: 29-10-30-301-010.000-018
  • Lot: 7
  • Municipality: DELAWARE TOWNSHIP
  • Latitude: 39.9774
  • Longitude: -86.126

    Address

  • Full Address: 41 1st St Se
  • Address - House Number: 41
  • Street Segment Direction: SE
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: IN
  • City Name: Carmel
  • Carrier Code: C018
  • 4-Digit Zip Code: 2160
  • Zip Code: 46032

Valuation

    Tax

  • Total Area: 2,360
  • Tax Year: 2022
  • Tax Amount: $5,738
  • Tax Rate Code Area: 16

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $10,126,000
  • First Open Lien Mortgage Lender: FIRST INTERNET BANK OF INDIANA
  • First Open Lien Mortgage Recording Date: Feb 08, 2024
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $10,126,000
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 31, 2026

    Market Valuation

  • Market Total Value: $278,200
  • Market Land Value: $176,300
  • Market Improvement Value: $101,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $278,200
  • Assessed Land Value: $176,300
  • Assessed Improvements Value: $101,900

    Sales

  • Current Sale Contract Date: Jan 08, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Transaction ID: 11920194708
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1852
  • Previous Sale Recording Date: Nov 09, 2023
  • Previous Sale Contract Date: Nov 03, 2023
  • Previous Sale Amount: $37,240,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FARMERS BANK & TRUST CO.
  • Previous Mortgage Transaction Date: Nov 09, 2023
  • Previous Mortgage Loan Amount: $28,000,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 15, 2028

About Carmel



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Frequently Asked Questions

What neighborhood is 41 1st Street Southeast located in?
The 41 1st Street Southeast is a located in the neighborhood of Clay in Carmel, Carmel.
What is the average sales price for listings in 41 1st Street Southeast?
The average sales price for units in 41 1st Street Southeast is $0 currently.

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