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43 West 43rd Street

43 West 43rd Street, Indianapolis, IN 46208
Sold Jan 19, 2021
$1,135,000
$18,900,000 by Centier Bank
Mortgage
Sold Apr 11, 2019
$1,040,000
$856,400 by Mjw Financial Llc
Mortgage
Local assessors in Indianapolis, IN have categorized 43 West 43rd Street as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 28,924 square feet. The linear feet between the front and back of the lot was measured at 2,350 ft and the front of the lot was measured at 1,230 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 43 West 43rd Street has a total of 4,769 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 finished improved basement that is 1,231 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 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 - A. The building has a roof that is made of slate. Residents rely on central 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 43 West 43rd Street sold most recently in Jan 14, 2021 for a total of $1,135,000. If you work out the math, that's approximately a cost of $238.00 per sqft. Before that, the property was also sold for $1,040,000 in Mar 12, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,032 in taxes each year. 43 West 43rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,224,400. If we break it down further, the land itself was valued at $74,200. Improvements to the property, however, were assessed at a total of $1,150,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,231
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 28,924
  • Lot Size Depth Feet: 2,350
  • Lot Size Frontage Feet: 1,230
  • Total Building Area: 4,769
  • Gross Building Area: 4,769
  • Building Area: 4,769
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,769
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FARR & COOKS SUB
  • Land Acres: 0.664
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FARR & COOKS SUB 157.6FT ON SL 43RD ST X 240.5FTBEG 182.91FT W OF WL MERIDIAN ST BEGING LOTS36-37-38 ALSO PTS LOTS 35-39 ALSO PTS VAC ALLEYSADJ

Ownership

  • Current Owner : MORALES JACKIE ALITA
  • Current Owner 2: MORALES SETH MICHAEL
  • Previous Owner : DAVIS JORDAN
  • Previous Owner 2: DAVIS RACHEL
  • Owner Before Previous Owner: CLARKE D SCOTT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2228-C1
  • District: 0008
  • Section: 130
  • Parcel: 49-06-13-136-005.000-801
  • Lot: 36
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8335
  • Longitude: -86.158

    Address

  • Full Address: 43 W 43rd St
  • Address - House Number: 43
  • Street Direction: W
  • Address - Street Name: 43rd
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 3721
  • Zip Code: 46208

Valuation

    Tax

  • Total Area: 4,217
  • Tax Year: 2022
  • Tax Amount: $15,032
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2275
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 1,112,301
  • High Value: 1,365,430
  • Low Value: 859,172

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $18,900,000
  • First Open Lien Mortgage Lender: CENTIER BANK
  • First Open Lien Mortgage Recording Date: Jul 11, 2023
  • First Open Lien Mortgage Loan Amount: $18,900,000
  • 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: $1,224,400
  • Market Land Value: $74,200
  • Market Improvement Value: $1,150,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,224,400
  • Assessed Land Value: $74,200
  • Assessed Improvements Value: $1,150,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 14, 2021
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Transaction ID: 11822754234
  • Current Sale Price: $1,135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100007463
  • Previous Sale Recording Date: Apr 11, 2019
  • Previous Sale Contract Date: Mar 12, 2019
  • Previous Sale Amount: $1,040,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TEACHERS CU
  • First Mortgage Transaction Date: Jan 19, 2021
  • First Mortgage Loan Amount: $908,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MJW FINANCIAL LLC
  • Previous Mortgage Transaction Date: Apr 11, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $856,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Butler - Tarkington



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Frequently Asked Questions

What neighborhood is 43 West 43rd Street located in?
The 43 West 43rd Street is a house located in the neighborhood of Butler - Tarkington in Butler - Tarkington, Indianapolis.
What is the average sales price for listings in 43 West 43rd Street?
The average sales price for units in 43 West 43rd Street is $1,135,000 , or $247/sqft. currently.

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