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4315 East 42nd Street

4315 East 42nd Street, Indianapolis, IN 46226
House in Devon
Sold Apr 13, 2021
$149,300
$147,283 by Bailey & Wood Financial Group
Mortgage
Sold Jul 21, 2017
$145,000
$140,650 by Huntington National Bank
Mortgage Due Jul 01, 2047
4315 East 42nd Street has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1996. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4315 East 42nd Street has 2,402 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,930 ft and across the front of the lot is 1,040 ft. The area measurement of the land has been determined as 20,081 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 775 sqft. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 4315 East 42nd Street was last sold in Mar 10, 2021 for $149,300. According to our calculations, that's $62.16 per sqft. Prior to that sales transaction, the property was sold for $145,000 in Jun 30, 2017. Current property owners are expected to pay $2,601 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 4315 East 42nd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $199,900. To break that down further, the land itself was valued at $26,400. While improvements to the property were assessed at a total of $173,500. 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. 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!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

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 775
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 20,081
  • Lot Size Depth Feet: 1,930
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 2,402
  • Gross Building Area: 2,402
  • Building Area: 2,402
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,402
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DEVON LEA
  • Land Acres: 0.461
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: DEVON LEA ADD L2

Ownership

  • Current Owner : BROWN MARIE
  • Previous Owner : WRIGHT JANELLE
  • Owner Before Previous Owner: SMITH BARBARA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 322700

Geography

  • District: 0008
  • Section: 160
  • Parcel: 49-07-16-102-001.000-801
  • Lot: 2
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8326
  • Longitude: -86.0951

    Address

  • Full Address: 4315 E 42nd St
  • Address - House Number: 4315
  • Street Direction: E
  • Address - Street Name: 42nd
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C020
  • 4-Digit Zip Code: 4458
  • Zip Code: 46226

Valuation

    Tax

  • Total Area: 1,962
  • Tax Year: 2022
  • Tax Amount: $2,601
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2547
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 272,346
  • High Value: 341,727
  • Low Value: 202,965

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $158,200
  • First Open Lien Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Loan Amount: $147,283
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Sep 21, 2023
  • Second Open Lien Mortgage Loan Amount: $10,917
  • Second Open Lien Mortgage Term: 330
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $199,900
  • Market Land Value: $26,400
  • Market Improvement Value: $173,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,900
  • Assessed Land Value: $26,400
  • Assessed Improvements Value: $173,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 10, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11834353736
  • Current Sale Price: $149,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100048040
  • Previous Sale Recording Date: Jul 21, 2017
  • Previous Sale Contract Date: Jun 30, 2017
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Mortgage Transaction Date: Apr 13, 2021
  • First Mortgage Loan Amount: $147,283
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: HUNTINGTON NATIONAL BANK
  • Previous Mortgage Transaction Date: Jul 21, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $140,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Devon



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Frequently Asked Questions

What neighborhood is 4315 East 42nd Street located in?
The 4315 East 42nd Street is a house located in the neighborhood of Devon in Devon, Indianapolis.
What is the average sales price for listings in 4315 East 42nd Street?
The average sales price for units in 4315 East 42nd Street is $0 currently.

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