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417 Arthur Avenue

417 Arthur Avenue, Indianapolis, IN 46222
Multifamily in Near Westside
Sold Sep 06, 2019
$90,000
$67,500 by Centier Bank
Mortgage
417 Arthur Avenue in Indianapolis, IN was first built in 1958 and is 66 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. This is a single bedroom home. 417 Arthur Avenue has 575 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 575 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 420 ft and the linear feet between the front and back of the lot is 1,260. In total, the area measurement of the land is 5,271 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. 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 D. 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 no air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Aug 29, 2019 for $90,000. That's $78.26 per sqft. 417 Arthur Avenue was last assessed in 2023. The total value of the property was assessed at $106,500. Specifically, the land the property is located on was valued at $2,700. While improvements on the property were assessed at a total of $103,800. 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 $2,546. 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

Brick Exterior

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Brick
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 575
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,271
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,150
  • Gross Building Area: 1,150
  • Building Area: 575
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 575
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MICHIGAN TERRACE
  • Land Acres: 0.121
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: MICHIGAN TERRACE L26

Ownership

  • Current Owner : KOSENKO OLEH
  • Previous Owner : WILCOX MANAGEMENT CORP
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 341702

Geography

  • Assessors Map Reference: 2335-E3
  • District: 0009
  • Section: 5015003
  • Parcel: 49-11-05-107-031.000-982
  • Lot: 26
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7723
  • Longitude: -86.2329

    Address

  • Full Address: 417 Arthur Ave
  • Address - House Number: 417
  • Address - Street Name: Arthur
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C028
  • 4-Digit Zip Code: 3212
  • Zip Code: 46222

Valuation

    Tax

  • Total Area: 1,150
  • Tax Year: 2022
  • Tax Amount: $2,546
  • Tax Rate Code Area: 982

    Appraisal Valuation

  • Standard Deviation: 0.2504
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 164,730
  • High Value: 205,981
  • Low Value: 123,479

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $67,500
  • First Open Lien Mortgage Lender: CENTIER BANK
  • First Open Lien Mortgage Recording Date: Sep 06, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $67,500
  • 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: $106,500
  • Market Land Value: $2,700
  • Market Improvement Value: $103,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,500
  • Assessed Land Value: $2,700
  • Assessed Improvements Value: $103,800

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Sep 06, 2019
  • Current Sale Transaction ID: 11646074320
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900086344

    Last Sale Mortgage

  • First Mortgage Lender: CENTIER BANK
  • First Mortgage Transaction Date: Sep 06, 2019
  • First Mortgage Loan Amount: $67,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 417 Arthur Avenue located in?
The 417 Arthur Avenue is a multifamily located in the neighborhood of Near Westside in Near Westside, Indianapolis.
What is the average sales price for listings in 417 Arthur Avenue?
The average sales price for units in 417 Arthur Avenue is $0 currently.

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