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421 Massachusetts Avenue

421 Massachusetts Avenue, Indianapolis, IN 46204
421 Massachusetts Avenue has been categorized by the local assessors in Indianapolis, IN as a commercial type of property. The building on the property was first built in 1972 and is 52 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 421 Massachusetts Avenue has 1,996 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 288 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. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". 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 brick 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 exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from none system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $375,000 in Mar 10, 2010. Current property owners are expected to pay $5,790 in taxes per year. The property on 421 Massachusetts Avenue was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $194,600. To break that down further, the land itself was valued at $75,000. While improvements to the property were assessed at a total of $119,600. 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. 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.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210416
04/16/2021
Loft
-
-
$775,000
bedrooms
Loft
bathrooms
-
-
-
-
Marissa Bryant
Keller Williams Indy Metro W

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 288
  • Total Building Area: 1,996
  • Gross Building Area: 1,996
  • Building Area: 1,996
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: MASSACHUSETTS RESIDENTIAL CONDOMINIUMS H
  • Land Acres: 0.043
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: MASSACHUSETTS RESIDENTIAL CONDOMINIUMS HPR UNIT 1& 12.5% INT COMMON AREA

Ownership

  • Current Owner : FROESCHLE FAMILY REVOCABLE TRUST
  • Previous Owner : CARDAMONE ANDREW J
  • Owner Before Previous Owner: MASSACHUSETTS AVE HOLDING LLC

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354200

Zoning

  • Zoning: ZO01

Geography

  • District: 0001
  • Section: 1015003
  • Parcel: 49-11-01-194-002.000-101
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7731
  • Longitude: -86.1514

    Address

  • Full Address: 421 Massachusetts Ave
  • Address - House Number: 421
  • Address - Street Name: Massachusetts
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C029
  • 4-Digit Zip Code: 1501
  • Zip Code: 46204

Valuation

    Tax

  • Total Area: 1,996
  • Tax Year: 2021
  • Tax Amount: $5,790
  • Tax Rate Code Area: 101:INDPLS

    Market Valuation

  • Market Total Value: $194,600
  • Market Land Value: $75,000
  • Market Improvement Value: $119,600

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $194,600
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $119,600

    Sales

  • Current Sale Contract Date: Dec 14, 2015
  • Current Sale Recording Date: Jan 13, 2016
  • Current Sale Transaction ID: 1406335157
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201600004538
  • Previous Sale Recording Date: May 06, 2010
  • Previous Sale Contract Date: Mar 10, 2010
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Quit Claim Deed

    Previous Mortgages

  • Previous Mortgage Lender: GELEMA C JACKSON
  • Previous Mortgage Transaction Date: May 06, 2010
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 56
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 24, 2015

About Downtown Indianapolis



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Frequently Asked Questions

What neighborhood is 421 Massachusetts Avenue located in?
The 421 Massachusetts Avenue is a commercial located in the neighborhood of Downtown Indianapolis in Downtown Indianapolis, Indianapolis.
What is the average sales price for listings in 421 Massachusetts Avenue?
The average sales price for units in 421 Massachusetts Avenue is $0 currently.

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