516 Iowa Street

516 Iowa Street in Indianapolis, IN was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 2018. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 7 are bedrooms. There are 5 partial bathrooms. 516 Iowa Street has 2,339 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 193 sqft and has been categorized as a unknown. The linear feet across the front of the lot is 390 ft and the linear feet between the front and back of the lot is 1,430. In total, the area measurement of the land is 5,576 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. For those who need parking, there is a detached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. 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 D. The condition of the building has been evaluated as fair. 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 central heating 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, 516 Iowa Street sold most recently in Jan 26, 2023 for a total of $436,905. If you work out the math, that's approximately a cost of $172.55 per sqft. 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 $4,486 in taxes each year. The initial year of tax delinquency occurred in 2020. 516 Iowa Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $343,200. If we break it down further, the land itself was valued at $20,700. Improvements to the property, however, were assessed at a total of $322,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.