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4255 Cossell Road

4255 Cossell Road, Indianapolis, IN 46222
Multifamily in Near Westside
Sold Apr 09, 2019
$90,000
Local assessors in Indianapolis, IN have categorized 4255 Cossell Road as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 10,237 square feet. The linear feet between the front and back of the lot was measured at 1,220 ft and the front of the lot was measured at 840 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. 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 4255 Cossell Road has a total of 792 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 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 brick 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 central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 4255 Cossell Road was last sold in Apr 8, 2019 for $90,000. According to our calculations, that's $113.64 per sqft. Current property owners are expected to pay $3,092 in taxes per year. The property on 4255 Cossell Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $128,600. To break that down further, the land itself was valued at $4,200. While improvements to the property were assessed at a total of $124,400. 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. 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. 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,237
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 840
  • Total Building Area: 792
  • Gross Building Area: 792
  • Building Area: 792
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 792
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MICHIGAN TERRACE
  • Land Acres: 0.235
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: MICHIGAN TERRACE L15 & 16

Ownership

  • Current Owner : PDM PROPERTIES LLC
  • Previous Owner : WILCOX MANAGEMENT CORP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: 2335-E2
  • District: 0009
  • Section: 5015003
  • Parcel: 49-11-05-107-004.000-982
  • Lot: 15
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7733
  • Longitude: -86.2333

    Address

  • Full Address: 4255 Cossell Rd
  • Address - House Number: 4255
  • Address - Street Name: Cossell
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C028
  • 4-Digit Zip Code: 4982
  • Zip Code: 46222

Valuation

    Tax

  • Total Area: 792
  • Tax Year: 2022
  • Tax Amount: $3,092
  • Tax Rate Code Area: 982

    Appraisal Valuation

  • Standard Deviation: 0.2504
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 180,801
  • High Value: 226,076
  • Low Value: 135,526

    Market Valuation

  • Market Total Value: $128,600
  • Market Land Value: $4,200
  • Market Improvement Value: $124,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,600
  • Assessed Land Value: $4,200
  • Assessed Improvements Value: $124,400

    Sales

  • Current Sale Contract Date: Apr 08, 2019
  • Current Sale Recording Date: Apr 09, 2019
  • Current Sale Transaction ID: 11598293356
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900030575

    Last Sale Mortgage

  • First Mortgage Lender: INDIANA MEMBERS CU
  • First Mortgage Transaction Date: Apr 09, 2019
  • First Mortgage Loan Amount: $58,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 4255 Cossell Road located in?
The 4255 Cossell Road is a multifamily located in the neighborhood of Near Westside in Near Westside, Indianapolis.
What is the average sales price for listings in 4255 Cossell Road?
The average sales price for units in 4255 Cossell Road is $0 currently.

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