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4948 West 12th Street

4948 West 12th Street, Indianapolis, IN 46224
House in Speedway
Sold Mar 08, 2021
$185,000
$148,000 by Caliber Home Loans Inc
Mortgage Due Mar 01, 2051
Sold Jun 16, 2017
$115,000
$111,550 by Hallmark Home Mortgage Llc
Mortgage
Local assessors in Indianapolis, IN have categorized 4948 West 12th Street 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 1958. The property's lot size has been calculated to be 5,445 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 390 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4948 West 12th Street has a total of 912 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 full basement that is 912 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 216 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Feb 25, 2021 for $185,000. That's $101.43 per sqft. Prior to that sales transaction, the property was also sold in Jun 8, 2017 for $115,000. 4948 West 12th Street was last assessed in 2023. The total value of the property was assessed at $167,700. Specifically, the land the property is located on was valued at $13,700. While improvements on the property were assessed at a total of $154,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,041. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • 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: 912
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,445
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,824
  • Gross Building Area: 1,824
  • Building Area: 912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SPEEDWAY CITY
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SPEEDWAY CITY L215

Ownership

  • Current Owner : DENSON JAMES N
  • Current Owner 2: HUDLESON LORI CAROL
  • Previous Owner : EVERTS COLLEEN
  • Owner Before Previous Owner: SEWELL LEANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Speedway School Town
  • Census Tract: 341000

Geography

  • Assessors Map Reference: 2335-D1
  • District: 0009
  • Section: 310
  • Parcel: 49-06-31-101-281.000-914
  • Lot: 215
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7835
  • Longitude: -86.2429

    Address

  • Full Address: 4948 W 12th St
  • Address - House Number: 4948
  • Street Direction: W
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C051
  • 4-Digit Zip Code: 6914
  • Zip Code: 46224

Valuation

    Tax

  • Total Area: 1,824
  • Tax Year: 2022
  • Tax Amount: $2,041
  • Tax Rate Code Area: 914

    Appraisal Valuation

  • Standard Deviation: 0.2325
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 231,119
  • High Value: 284,873
  • Low Value: 177,364

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 08, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $148,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $167,700
  • Market Land Value: $13,700
  • Market Improvement Value: $154,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,700
  • Assessed Land Value: $13,700
  • Assessed Improvements Value: $154,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Transaction ID: 11830439620
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100030574
  • Previous Sale Recording Date: Jun 16, 2017
  • Previous Sale Contract Date: Jun 08, 2017
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Mar 08, 2021
  • First Mortgage Loan Amount: $148,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HALLMARK HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 16, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $111,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Speedway



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Frequently Asked Questions

What neighborhood is 4948 West 12th Street located in?
The 4948 West 12th Street is a house located in the neighborhood of Speedway in Speedway, Indianapolis.
What is the average sales price for listings in 4948 West 12th Street?
The average sales price for units in 4948 West 12th Street is $199,000 , or $158/sqft. currently.

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