Check Availability

5156 North College Avenue

5156 North College Avenue, Indianapolis, IN 46205
Property in Meridian Kessler
Sold Aug 25, 2006
$192,000
$153,600 by First Horizon Home Loan Corp
Mortgage Due Aug 01, 2036
5156 North College Avenue in Indianapolis, IN was first built in 1922 and is 102 years old. Although, the building on the property was most recently renovated and altered in 1950. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 2 are bedrooms. 5156 North College Avenue has 1,260 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 630 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 510 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 7,144 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system. The property was last sold in Aug 1, 2006 for $192,000. That's $101.59 per sqft. 5156 North College Avenue was last assessed in 2023. The total value of the property was assessed at $156,900. Specifically, the land the property is located on was valued at $43,500. While improvements on the property were assessed at a total of $113,400. 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 $4,191. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 630
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,144
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,890
  • Gross Building Area: 1,890
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HARTMANS COLLEGE AVENUE ADDITION
  • Land Acres: 0.164
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: HARTMANS COLLEGE AVE ADD L24

Ownership

  • Current Owner : TIMMIS LAURA L
  • Current Owner 2: TIMMIS KIMBERLY R
  • Previous Owner : ELSON ROBERT BRADFORD
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 322300

Geography

  • Assessors Map Reference: 2119-D6
  • District: 0008
  • Section: 120
  • Parcel: 49-06-12-153-029.000-801
  • Lot: 24
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8465
  • Longitude: -86.1461

    Address

  • Full Address: 5156 N College Ave
  • Address - House Number: 5156
  • Street Direction: N
  • Address - Street Name: College
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C034
  • 4-Digit Zip Code: 1136
  • Zip Code: 46205

Valuation

    Tax

  • Total Area: 1,890
  • Tax Year: 2022
  • Tax Amount: $4,191
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 278,857
  • High Value: 345,450
  • Low Value: 212,263

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,600
  • First Open Lien Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • First Open Lien Mortgage Recording Date: Aug 25, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $153,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Market Valuation

  • Market Total Value: $156,900
  • Market Land Value: $43,500
  • Market Improvement Value: $113,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,900
  • Assessed Land Value: $43,500
  • Assessed Improvements Value: $113,400

    Sales

  • Current Sale Contract Date: Aug 01, 2006
  • Current Sale Recording Date: Aug 25, 2006
  • Current Sale Transaction ID: 1078092884
  • Current Sale Price: $192,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006-0128551

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • First Mortgage Transaction Date: Aug 25, 2006
  • First Mortgage Loan Amount: $153,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Meridian Kessler



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 4923 Carvel Avenue, Indianapolis, IN, 46205

$1,475 /mo

  • 2 Beds
  • 1 Bath
  • 1,720 ft²
4923 Carvel Avenue, Indianapolis, IN, 46205 Listing by Tom Mattingly
Unit for rent at 4249 Rookwood Ave, Indianapolis, IN, 46208

$1,470 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,001 ft²
4249 Rookwood Ave, Indianapolis, IN, 46208 Listing by Manager
Unit for rent at 402 W 38th St., Indianapolis, IN, 46208

$1,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,403 ft²
402 W 38th St. #402 W 38th St., Indianapolis, IN, 46208 Listing by Manager

Frequently Asked Questions

What neighborhood is 5156 North College Avenue located in?
The 5156 North College Avenue is a located in the neighborhood of Meridian Kessler in Meridian Kessler, Indianapolis.
What is the average sales price for listings in 5156 North College Avenue?
The average sales price for units in 5156 North College Avenue is $0 currently.

Quantcast