Check Availability

4227 East Minnesota Street

4227 East Minnesota Street, Indianapolis, IN 46203
Sold Feb 03, 2020
$52,000
Local assessors in Indianapolis, IN have categorized 4227 East Minnesota Street as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 7,884 square feet. The linear feet between the front and back of the lot was measured at 1,750 ft and the front of the lot was measured at 450 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4227 East Minnesota Street has a total of 1,069 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Jan 29, 2020 for $52,000. That's $48.64 per sqft. 4227 East Minnesota Street was last assessed in 2023. The total value of the property was assessed at $62,000. Specifically, the land the property is located on was valued at $6,300. While improvements on the property were assessed at a total of $55,700. 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 $1,462. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,884
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,069
  • Gross Building Area: 1,069
  • Building Area: 1,069
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,069
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SECTION 16 TOWNSHIP 15 R 04 SW1/4
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: PT NE1/4 SW1/4 S16 T15 R4 626.6 W NE COR P.O.B. W45 S175 E45 N175 TO BEG

Ownership

  • Current Owner : VB ONE LLC
  • Previous Owner : JLH & IN & IN & R1 & 02 LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357400

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-E6
  • District: 0001
  • Section: 160
  • Parcel: 49-10-16-136-056.000-101
  • Meridian: SEC 16 TWN 15 RNG 4
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7452
  • Longitude: -86.0946

    Address

  • Full Address: 4227 E Minnesota St
  • Address - House Number: 4227
  • Street Direction: E
  • Address - Street Name: Minnesota
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C038
  • 4-Digit Zip Code: 3444
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,069
  • Tax Year: 2022
  • Tax Amount: $1,462
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2566
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 116,354
  • High Value: 146,210
  • Low Value: 86,497

    Market Valuation

  • Market Total Value: $62,000
  • Market Land Value: $6,300
  • Market Improvement Value: $55,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,000
  • Assessed Land Value: $6,300
  • Assessed Improvements Value: $55,700

    Sales

  • Current Sale Contract Date: Jan 29, 2020
  • Current Sale Recording Date: Feb 03, 2020
  • Current Sale Transaction ID: 11724585331
  • Current Sale Price: $52,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000011752

About Near Southeast



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,650 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,309 ft²
Listing by Xuekai Zheng

Frequently Asked Questions

What neighborhood is 4227 East Minnesota Street located in?
The 4227 East Minnesota Street is a house located in the neighborhood of Near Southeast in Near Southeast, Indianapolis.
What is the average sales price for listings in 4227 East Minnesota Street?
The average sales price for units in 4227 East Minnesota Street is $0 currently.

Quantcast