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4301 Cottage Avenue

4301 Cottage Avenue, Indianapolis, IN 46203
Sold Jun 13, 2018
$83,000
$81,496 by Loan Depot Inc
Mortgage Due Jun 01, 2048
Sold Jun 01, 2018
$83,000
Local assessors in Indianapolis, IN have categorized 4301 Cottage Avenue as a residential type of property. The home was built in 1961 and is 63 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 5,053 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 630 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 4301 Cottage Avenue has a total of 1,300 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 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. 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, 4301 Cottage Avenue sold most recently in Jun 1, 2018 for a total of $83,000. If you work out the math, that's approximately a cost of $63.85 per sqft. Before that, the property was also sold for $83,000 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,599 in taxes each year. 4301 Cottage Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $128,100. If we break it down further, the land itself was valued at $10,300. Improvements to the property, however, were assessed at a total of $117,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Average
  • 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: 5,053
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,300
  • Gross Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THUNDERBIRD HEIGHTS ADD
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: THUNDERBIRD HTS ADD L18

Ownership

  • Current Owner : FAULKNER BRIAN
  • Previous Owner : YOUNAS MUHAMMAD
  • Owner Before Previous Owner: MUHAMMAD YOUNAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2338-E6
  • District: 0001
  • Section: 160
  • Parcel: 49-10-16-100-027.000-101
  • Lot: 18
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7474
  • Longitude: -86.0953

    Address

  • Full Address: 4301 Cottage Ave
  • Address - House Number: 4301
  • Address - Street Name: Cottage
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C038
  • 4-Digit Zip Code: 3408
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 1,300
  • Tax Year: 2022
  • Tax Amount: $1,599
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2566
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 177,717
  • High Value: 223,320
  • Low Value: 132,114

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $90,221
  • First Open Lien Mortgage Lender: LOAN DEPOT INC
  • First Open Lien Mortgage Recording Date: Jun 13, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $81,496
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2048
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Nov 01, 2023
  • Second Open Lien Mortgage Loan Amount: $8,725
  • Second Open Lien Mortgage Term: 294
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2048

    Market Valuation

  • Market Total Value: $128,100
  • Market Land Value: $10,300
  • Market Improvement Value: $117,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,100
  • Assessed Land Value: $10,300
  • Assessed Improvements Value: $117,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2018
  • Current Sale Recording Date: Jun 13, 2018
  • Current Sale Transaction ID: 11488119193
  • Current Sale Price: $83,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800058318
  • Previous Sale Recording Date: Jun 01, 2018
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOAN DEPOT INC
  • First Mortgage Transaction Date: Jun 13, 2018
  • First Mortgage Loan Amount: $81,496
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 4301 Cottage Avenue located in?
The 4301 Cottage Avenue is a house located in the neighborhood of Near Southeast in Near Southeast, Indianapolis.
What is the average sales price for listings in 4301 Cottage Avenue?
The average sales price for units in 4301 Cottage Avenue is $0 currently.

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