Check Availability

4905 North Illinois Street

4905 North Illinois Street, Indianapolis, IN 46208
Sold Sep 24, 2018
$435,000
$364,000 by Cibm Bank
Mortgage Due Apr 01, 2035
Sold Dec 19, 2014
$315,000
$252,000 by Teachers Cu
Mortgage Due Jan 01, 2045
4905 North Illinois 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 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 1998. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4905 North Illinois Street has 2,239 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 partial basement that is 943 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 1,470 ft and across the front of the lot is 480 ft. The area measurement of the land has been determined as 7,057 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 396 sqft. According to our sources, there is one available parking space. 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 other control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B 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. 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, 4905 North Illinois Street sold most recently in Sep 20, 2018 for a total of $435,000. If you work out the math, that's approximately a cost of $125.65 per sqft. Before that, the property was also sold for $315,000 in Dec 5, 2014. 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 $5,515 in taxes each year. 4905 North Illinois Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $484,100. If we break it down further, the land itself was valued at $42,300. Improvements to the property, however, were assessed at a total of $441,800. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Other
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 943
  • Garage Type: Detached
  • Garage Square Area: 396
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,057
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 480
  • Total Building Area: 3,462
  • Gross Building Area: 3,462
  • Building Area: 2,239
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,239
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BERRY HILL ADDITION
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BERRY HILL ADD L1

Ownership

  • Current Owner : DECASTRO GARY S
  • Current Owner 2: DECASTRO SANDRA L
  • Previous Owner : HUMM CYNTHIA M
  • Owner Before Previous Owner: FISHER MARK D
  • Owner Before Previous Owner 2: FISHER MELISSA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 321900

Geography

  • District: 0008
  • Section: 120
  • Parcel: 49-06-12-101-001.000-801
  • Lot: 1
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8429
  • Longitude: -86.1591

    Address

  • Full Address: 4905 N Illinois St
  • Address - House Number: 4905
  • Street Direction: N
  • Address - Street Name: Illinois
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 2609
  • Zip Code: 46208

Valuation

    Tax

  • Total Area: 3,462
  • Tax Year: 2022
  • Tax Amount: $5,515
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2261
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 587,816
  • High Value: 720,741
  • Low Value: 454,891

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $449,500
  • First Open Lien Mortgage Lender: CIBM BANK
  • First Open Lien Mortgage Recording Date: Mar 16, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $364,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2035
  • Second Open Lien Mortgage Lender: FIRST FINANCIAL BANK FSB
  • Second Open Lien Mortgage Recording Date: Apr 20, 2020
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $85,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $484,100
  • Market Land Value: $42,300
  • Market Improvement Value: $441,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $484,100
  • Assessed Land Value: $42,300
  • Assessed Improvements Value: $441,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2018
  • Current Sale Recording Date: Sep 24, 2018
  • Current Sale Transaction ID: 11523128489
  • Current Sale Price: $435,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800097314
  • Previous Sale Recording Date: Dec 19, 2014
  • Previous Sale Contract Date: Dec 05, 2014
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CIBM BANK
  • First Mortgage Transaction Date: Sep 24, 2018
  • First Mortgage Loan Amount: $348,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2033

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TEACHERS CU
  • Previous Mortgage Transaction Date: Dec 19, 2014
  • Previous Mortgage Loan Amount: $252,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2045

About Butler - Tarkington



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3541 N. Meridian St, Indianapolis, IN, 46208

$750 /mo

  • 1 Bed
  • 1 Bath
  • 825 ft²
3541 N. Meridian St #3541 N. Meridian St - 301, Indianapolis, IN, 46208 Listing by Manager

Frequently Asked Questions

What neighborhood is 4905 North Illinois Street located in?
The 4905 North Illinois Street is a house located in the neighborhood of Butler - Tarkington in Butler - Tarkington, Indianapolis.
What is the average sales price for listings in 4905 North Illinois Street?
The average sales price for units in 4905 North Illinois Street is $0 currently.

Quantcast