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4346 Norwaldo Avenue

4346 Norwaldo Avenue, Indianapolis, IN 46205
House in Fairgrounds
Sold Sep 28, 2020
$132,000
$125,512 by Home Point Financial Corp
Mortgage
Sold Jul 05, 2019
Transfer
4346 Norwaldo Avenue 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 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4346 Norwaldo Avenue has 732 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 732 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 390 ft. The area measurement of the land has been determined as 5,445 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. 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 frame 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 no air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 4346 Norwaldo Avenue sold most recently in Sep 21, 2020 for a total of $132,000. If you work out the math, that's approximately a cost of $90.16 per sqft. 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 $1,829 in taxes each year. 4346 Norwaldo Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $159,200. If we break it down further, the land itself was valued at $13,600. Improvements to the property, however, were assessed at a total of $145,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 732
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,445
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MONTROSE
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MONTROSE L225

Ownership

  • Current Owner : KELM AMY
  • Previous Owner : SURFACE CHRISTIAN SCOTT
  • Owner Before Previous Owner: BARROS BILL C
  • Owner Before Previous Owner 2: BARROS SHARON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 322500

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2229-A1
  • District: 0008
  • Section: 180
  • Parcel: 49-07-18-103-576.000-801
  • Lot: 225
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8361
  • Longitude: -86.1291

    Address

  • Full Address: 4346 Norwaldo Ave
  • Address - House Number: 4346
  • Address - Street Name: Norwaldo
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C028
  • 4-Digit Zip Code: 2114
  • Zip Code: 46205

Valuation

    Tax

  • Total Area: 1,464
  • Tax Year: 2022
  • Tax Amount: $1,829
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 216,076
  • High Value: 264,636
  • Low Value: 167,515

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,512
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Sep 28, 2020
  • First Open Lien Mortgage Loan Amount: $125,512
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $159,200
  • Market Land Value: $13,600
  • Market Improvement Value: $145,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,200
  • Assessed Land Value: $13,600
  • Assessed Improvements Value: $145,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Transaction ID: 11799689692
  • Current Sale Price: $132,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000109048
  • Previous Sale Recording Date: Jul 05, 2019
  • Previous Sale Contract Date: May 29, 2019
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORP
  • First Mortgage Transaction Date: Sep 28, 2020
  • First Mortgage Loan Amount: $125,512
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Fairgrounds



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Frequently Asked Questions

What neighborhood is 4346 Norwaldo Avenue located in?
The 4346 Norwaldo Avenue is a house located in the neighborhood of Fairgrounds in Fairgrounds, Indianapolis.
What is the average sales price for listings in 4346 Norwaldo Avenue?
The average sales price for units in 4346 Norwaldo Avenue is $0 currently.

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