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5202 West Morris Street

5202 West Morris Street, Indianapolis, IN 46241
Property in Stout Field
Sold Oct 05, 2005
$92,600
$74,050 by Southstar Funding Llc
Mortgage Due Oct 01, 2035
Local assessors in Indianapolis, IN have categorized 5202 West Morris Street as a residential type of property. The home was built in 1916 and is 108 years old. It was most recently renovated and altered in 2002. The property's lot size has been calculated to be 47,568 square feet. The linear feet between the front and back of the lot was measured at 6,100 ft and the front of the lot was measured at 1,560 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. 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 5202 West Morris Street has a total of 1,096 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 700 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 824 sqft. There are 7 available parking spaces so it's a great situation for those with more than one car. 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 - D. The building has a roof that is made of asphalt. Residents rely on no 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, 5202 West Morris Street sold most recently in Sep 14, 2005 for a total of $92,600. If you work out the math, that's approximately a cost of $51.56 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 $3,083 in taxes each year. 5202 West Morris Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $181,200. If we break it down further, the land itself was valued at $21,700. Improvements to the property, however, were assessed at a total of $159,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 700
  • Garage Type: Detached
  • Garage Square Area: 824
  • Parking Space Count: 7

    Dimensions

  • Lot Size Square Feet: 47,568
  • Lot Size Depth Feet: 6,100
  • Lot Size Frontage Feet: 1,560
  • Total Building Area: 1,796
  • Gross Building Area: 1,796
  • Building Area: 1,096
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,096
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: W D SMITSONS SECOND SUBDIVISION
  • Land Acres: 1.092
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: W. D. SMITSONS SECOND SUBDIVISION PT L4 78FTW SIDE L4

Ownership

  • Current Owner : FORD EARNESTINE
  • Previous Owner : MILLER PHILLIP J
  • Previous Owner 2: MILLER SANDRA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 342500

Geography

  • Assessors Map Reference: 2335-D6
  • District: 0009
  • Section: 7015003
  • Parcel: 49-11-07-105-015.000-930
  • Lot: 4
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.7509
  • Longitude: -86.2476

    Address

  • Full Address: 5202 W Morris St
  • Address - House Number: 5202
  • Street Direction: W
  • Address - Street Name: Morris
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C001
  • 4-Digit Zip Code: 3545
  • Zip Code: 46241

Valuation

    Tax

  • Total Area: 1,796
  • Tax Year: 2022
  • Tax Amount: $3,083
  • Tax Rate Code Area: 930

    Appraisal Valuation

  • Standard Deviation: 0.2538
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 64
  • Final Value: 205,696
  • High Value: 257,918
  • Low Value: 153,474

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $94,050
  • First Open Lien Mortgage Lender: SOUTHSTAR FUNDING LLC
  • First Open Lien Mortgage Recording Date: Oct 05, 2005
  • First Open Lien Mortgage Loan Amount: $74,050
  • 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: Oct 01, 2035
  • Second Open Lien Mortgage Lender: SOUTHSTAR FUNDING LLC
  • Second Open Lien Mortgage Recording Date: Oct 05, 2005
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $181,200
  • Market Land Value: $21,700
  • Market Improvement Value: $159,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,200
  • Assessed Land Value: $21,700
  • Assessed Improvements Value: $159,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 14, 2005
  • Current Sale Recording Date: Oct 05, 2005
  • Current Sale Transaction ID: 1179714656
  • Current Sale Price: $92,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2005-0164978

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHSTAR FUNDING LLC
  • First Mortgage Transaction Date: Oct 05, 2005
  • First Mortgage Loan Amount: $74,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2035

About Stout Field



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Frequently Asked Questions

What neighborhood is 5202 West Morris Street located in?
The 5202 West Morris Street is a located in the neighborhood of Stout Field in Stout Field, Indianapolis.
What is the average sales price for listings in 5202 West Morris Street?
The average sales price for units in 5202 West Morris Street is $0 currently.

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