4505 Grace Street

4505 Grace Street in Indianapolis, IN was first built in 1935 and is 89 years old. Although, the building on the property was most recently renovated and altered in 1968. This has been categorized as a residential property type. It is a single story home. There are a total of 10 rooms in the home, of which, 2 are bedrooms. 4505 Grace Street has 850 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,170 ft and the linear feet between the front and back of the lot is 1,550. In total, the area measurement of the land is 18,135 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating 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, 4505 Grace Street sold most recently in Nov 9, 2021 for a total of $75,000. If you work out the math, that's approximately a cost of $88.24 per sqft. Before that, the property was also sold for $89,300 in Oct 25, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,617 in taxes each year. 4505 Grace Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $64,100. If we break it down further, the land itself was valued at $26,900. Improvements to the property, however, were assessed at a total of $37,200. 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.