4725 East 16th Street

4725 East 16th 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 1947 and is 77 years old. However, we must point out that the home was most recently renovated and altered in 1971. The home has a total of 5 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, 4725 East 16th Street has 744 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 744 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 1,370 ft and across the front of the lot is 410 ft. The area measurement of the land has been determined as 5,619 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 240 sqft. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as poor. 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 D 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. 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, 4725 East 16th Street was last sold in Feb 24, 2022 for $54,926. According to our calculations, that's $36.91 per sqft. Prior to that sales transaction, the property was sold for $54,159 in Jul 17, 2019. Current property owners are expected to pay $1,641 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 4725 East 16th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $67,300. To break that down further, the land itself was valued at $22,800. While improvements to the property were assessed at a total of $44,500. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.