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507 North Gladstone Avenue

507 North Gladstone Avenue, Indianapolis, IN 46201
1 Units For Sale
Unit for sale at 507 N Gladstone Avenue, Indianapolis, IN 46201

$159,000

  • Studio
507 N Gladstone Avenue, Indianapolis, IN 46201 Listing by Peter Stewart

507 North Gladstone Avenue has been categorized by the local assessors in Indianapolis, IN as a unknown 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 2004. The home has a total of 8 rooms. 4 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, 507 North Gladstone Avenue has 700 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 unknown that is 700 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 1,000 ft and across the front of the lot is 380 ft. The area measurement of the land has been determined as 3,790 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 unknown control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of unknown by the local assessor. The roof of the building is made of unknown. The inside of the home is being cooled with unknown at the moment. In terms of heating, it is utilizing unknown. Finally, the property is currently sourcing its water from unknown 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, 507 North Gladstone Avenue was last sold in Oct 6, 2021 for $140,600. According to our calculations, that's $100.43 per sqft. Current property owners are expected to pay $3,385 in taxes per year. The property on 507 North Gladstone Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $145,900. To break that down further, the land itself was valued at $6,100. While improvements to the property were assessed at a total of $139,800. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230323
03/23/2023
Studio
-
-
$185,000
bedrooms
Studio
bathrooms
-
-
-
-
Peter Stewart
Peter Stewart Realty

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 700
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,790
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 700
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: TUXEDO PARK ADD
  • Land Acres: 0.087
  • Legal Description 1: TUXEDO PARK ADD L14 B13

Ownership

  • Current Owner : BOGDANOFF MICHAEL ALEX
  • Current Owner 2: BOGDANOFF OLGA
  • Previous Owner : YOUNG JENNIFER A
  • Owner Before Previous Owner: IMPERIAL VALLEY PROPERTIES LLC
  • Vacant Flag: unknown
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355300

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-E2
  • District: 0001
  • Section: 4015004
  • Parcel: 49-10-04-119-417.000-101
  • Block: 13
  • Lot: 14
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7751
  • Longitude: -86.0961

    Address

  • Full Address: 507 N Gladstone Ave
  • Address - House Number: 507
  • Street Direction: N
  • Address - Street Name: Gladstone
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C039
  • 4-Digit Zip Code: 2640
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,400
  • Tax Year: 2022
  • Tax Amount: $3,385
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 176,105
  • High Value: 204,912
  • Low Value: 147,298

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,500
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $112,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $145,900
  • Market Land Value: $6,100
  • Market Improvement Value: $139,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,900
  • Assessed Land Value: $6,100
  • Assessed Improvements Value: $139,800

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Transaction ID: 11864475938
  • Current Sale Price: $140,600
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: A202100143040
  • Previous Sale Recording Date: Jun 17, 2021
  • Previous Sale Contract Date: Jun 11, 2021
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Oct 26, 2021
  • First Mortgage Loan Amount: $112,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: unknown

About Near Eastside



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Frequently Asked Questions

What neighborhood is 507 North Gladstone Avenue located in?
The 507 North Gladstone Avenue is a located in the neighborhood of Grace Tuxedo Park in Near Eastside, Indianapolis.
How many listings are currently for sale in 507 North Gladstone Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 507 North Gladstone Avenue?
The average sales price for units in 507 North Gladstone Avenue is $159,000 currently.

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