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450 North Kealing Avenue

450 North Kealing Avenue, Indianapolis, IN 46201
Multifamily in Rural-Sherman
Sold Oct 19, 2023
Transfer
Sold May 12, 2023
$170,572
$128,250 by Novus Home Mortgage
Mortgage Due Jun 01, 2053
Local assessors in Indianapolis, IN have categorized 450 North Kealing Avenue as a residential type of property. The home was built in 1930 and is 94 years old. It was most recently renovated and altered in 1957. The property's lot size has been calculated to be 4,574 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 380 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 are 11 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. 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 450 North Kealing Avenue has a total of 1,118 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 partial basement that is 510 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 440 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 fair. 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 - C. The building has a roof that is made of asphalt. Residents rely on no 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. Prior to that sales transaction, the property was sold for $170,572 in May 5, 2023. Current property owners are expected to pay $3,390 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 450 North Kealing Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $133,100. To break that down further, the land itself was valued at $5,500. While improvements to the property were assessed at a total of $127,600. 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

Aluminum Siding
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 510
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,574
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,628
  • Gross Building Area: 1,628
  • Building Area: 1,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JENNINGS EAST ADD ROBISON & VOORHEES ADD
  • Land Acres: 0.105
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: JENNINGS E ADD L2

Ownership

  • Current Owner : WOODRUFF MATTHEW
  • Previous Owner : NHR INDY 1 LLC
  • Owner Before Previous Owner: NHR INDY 1 LLC

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355100

Geography

  • Assessors Map Reference: 2338-D2
  • District: 0001
  • Section: 5015004
  • Parcel: 49-10-05-123-027.000-101
  • Lot: 2
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7744
  • Longitude: -86.1042

    Address

  • Full Address: 450 N Kealing Ave
  • Address - House Number: 450
  • Street Direction: N
  • Address - Street Name: Kealing
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 3458
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,628
  • Tax Year: 2022
  • Tax Amount: $3,390
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2577
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 193,426
  • High Value: 243,274
  • Low Value: 143,577

    Market Valuation

  • Market Total Value: $133,100
  • Market Land Value: $5,500
  • Market Improvement Value: $127,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,100
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $127,600

    Sales

  • Current Sale Contract Date: Oct 12, 2023
  • Current Sale Recording Date: Oct 19, 2023
  • Current Sale Transaction ID: 11915047386
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 87135
  • Previous Sale Recording Date: May 12, 2023
  • Previous Sale Contract Date: May 05, 2023
  • Previous Sale Amount: $170,572
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NOVUS HOME MORTGAGE
  • Previous Mortgage Transaction Date: May 12, 2023
  • Previous Mortgage Loan Amount: $128,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2053

About Near Eastside



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Nearby Rentals

Unit for rent at

$1,650 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,856 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 450 North Kealing Avenue located in?
The 450 North Kealing Avenue is a multifamily located in the neighborhood of Rural-Sherman in Near Eastside, Indianapolis.
What is the average sales price for listings in 450 North Kealing Avenue?
The average sales price for units in 450 North Kealing Avenue is $0 currently.

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