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50 North Grant Avenue

50 North Grant Avenue, Indianapolis, IN 46201
Property in Tuxedo Park
1 Units For Sale
Unit for sale at 50 N Grant Avenue, Indianapolis, IN 46201

$140,000 ↓ $10K

  • Studio
50 N Grant Avenue, Indianapolis, IN 46201 Listing by Alex Montagano

Local assessors in Indianapolis, IN have categorized 50 North Grant Avenue as a residential type of property. The home was built in 1906 and is 118 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 5,401 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 50 North Grant Avenue has a total of 1,808 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 299 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 480 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the 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. 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, 50 North Grant Avenue sold most recently in Jan 3, 2024 for a total of $136,657. If you work out the math, that's approximately a cost of $50.52 per sqft. Before that, the property was also sold for $16,900 in Oct 28, 2021. 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 $2,833 in taxes each year. 50 North Grant Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $114,700. If we break it down further, the land itself was valued at $7,300. Improvements to the property, however, were assessed at a total of $107,400. 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!

Building Features

Exterior

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

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 299
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,705
  • Gross Building Area: 2,705
  • Building Area: 1,808
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,808
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TUXEDO PARK ADD
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TUXEDO PARK L13 B1

Ownership

  • Current Owner : ARAGON ERIC
  • Current Owner 2: ARAGON ANTONIA
  • Previous Owner : GSC BLUE HORIZONS LLC
  • Owner Before Previous Owner: KARO STEVEN L
  • Ownership Rights Codes: Tenants in Common

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-D3
  • District: 0001
  • Section: 4015004
  • Parcel: 49-10-04-119-108.000-101
  • Lot: 13
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.771
  • Longitude: -86.0976

    Address

  • Full Address: 50 N Grant Ave
  • Address - House Number: 50
  • Street Direction: N
  • Address - Street Name: Grant
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 3608
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,705
  • Tax Year: 2022
  • Tax Amount: $2,833
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 132,449
  • High Value: 154,114
  • Low Value: 110,783

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $102,750
  • First Open Lien Mortgage Lender: CITADEL SERVICING CORPORATION
  • First Open Lien Mortgage Recording Date: Jan 10, 2024
  • First Open Lien Mortgage Loan Amount: $102,750
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $114,700
  • Market Land Value: $7,300
  • Market Improvement Value: $107,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,700
  • Assessed Land Value: $7,300
  • Assessed Improvements Value: $107,400

    Sales

  • Current Sale Contract Date: Jan 03, 2024
  • Current Sale Recording Date: Jan 10, 2024
  • Current Sale Transaction ID: 11919171131
  • Current Sale Price: $136,657
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2603
  • Previous Sale Recording Date: Nov 08, 2021
  • Previous Sale Contract Date: Oct 28, 2021
  • Previous Sale Amount: $16,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITADEL SERVICING CORPORATION
  • First Mortgage Transaction Date: Jan 10, 2024
  • First Mortgage Loan Amount: $102,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: KARO STEVEN
  • Previous Mortgage Transaction Date: Nov 08, 2021
  • Previous Mortgage Loan Amount: $13,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Dec 01, 2024

About Near Eastside



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Frequently Asked Questions

What neighborhood is 50 North Grant Avenue located in?
The 50 North Grant Avenue is a located in the neighborhood of Tuxedo Park in Near Eastside, Indianapolis.
How many listings are currently for sale in 50 North Grant Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 50 North Grant Avenue?
The average sales price for units in 50 North Grant Avenue is $140,000 currently.

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