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4227 Sunset Avenue

4227 Sunset Avenue, Indianapolis, IN 46208
Sold Sep 07, 2018
$242,000
$226,000 by Jpmorgan Chase Bank Na
Mortgage Due Feb 01, 2052
Sold Aug 17, 2018
$242,000
Local assessors in Indianapolis, IN have categorized 4227 Sunset Avenue as a residential type of property. The home was built in 1915 and is 109 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 5,445 square feet. The linear feet between the front and back of the lot was measured at 1,360 ft and the front of the lot was measured at 400 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. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 Sunset Avenue has a total of 1,924 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 962 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The building has a roof that is made of asphalt. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4227 Sunset Avenue was last sold in Aug 17, 2018 for $242,000. According to our calculations, that's $83.85 per sqft. Prior to that sales transaction, the property was sold for $242,000 in Jan 1, 1970. Current property owners are expected to pay $3,683 in taxes per year. The property on 4227 Sunset Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $297,300. To break that down further, the land itself was valued at $18,800. While improvements to the property were assessed at a total of $278,500. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 962
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,445
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,886
  • Gross Building Area: 2,886
  • Building Area: 1,924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,924
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARTHUR V BROWNS FAIRMOUNT ADD SECOND SEC
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ARTHUR V BROWNS FAIRMOUNT ADD 2ND SEC L56

Ownership

  • Current Owner : PHILLIPS PATRICK
  • Current Owner 2: ANDREWS LEAH
  • Previous Owner : PHILLIPS CHRISTOPHER A
  • Owner Before Previous Owner: PHILLIPS CHRISTOPHER A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 322000

Zoning

  • Zoning: ZO01

Geography

  • District: 0008
  • Section: 140
  • Parcel: 49-06-14-106-014.000-801
  • Lot: 56
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8329
  • Longitude: -86.1685

    Address

  • Full Address: 4227 Sunset Ave
  • Address - House Number: 4227
  • Address - Street Name: Sunset
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C021
  • 4-Digit Zip Code: 3765
  • Zip Code: 46208

Valuation

    Tax

  • Total Area: 2,886
  • Tax Year: 2022
  • Tax Amount: $3,683
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2261
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 352,309
  • High Value: 431,978
  • Low Value: 272,640

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $226,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 20, 2022
  • First Open Lien Mortgage Loan Amount: $226,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $297,300
  • Market Land Value: $18,800
  • Market Improvement Value: $278,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,300
  • Assessed Land Value: $18,800
  • Assessed Improvements Value: $278,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2018
  • Current Sale Recording Date: Sep 07, 2018
  • Current Sale Transaction ID: 11520392543
  • Current Sale Price: $242,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: A201800091128
  • Previous Sale Recording Date: Aug 17, 2018
  • Previous Sale Amount: $242,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Mortgage Transaction Date: Sep 07, 2018
  • First Mortgage Loan Amount: $234,740
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 4227 Sunset Avenue located in?
The 4227 Sunset Avenue is a located in the neighborhood of Butler - Tarkington in Butler - Tarkington, Indianapolis.
What is the average sales price for listings in 4227 Sunset Avenue?
The average sales price for units in 4227 Sunset Avenue is $0 currently.

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