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5218 North Richardt Avenue

5218 North Richardt Avenue, Indianapolis, IN 46226
Property in Lawrence
Sold Oct 22, 2008
$103,100
$82,450 by M & I Marshall & Ilsley Bank
Mortgage Due Oct 01, 2038
5218 North Richardt Avenue has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 2001. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5218 North Richardt Avenue has 2,194 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 870 ft. The area measurement of the land has been determined as 8,712 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 336 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating 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, 5218 North Richardt Avenue was last sold in Sep 19, 2008 for $103,100. According to our calculations, that's $46.99 per sqft. Current property owners are expected to pay $1,410 in taxes per year. The property on 5218 North Richardt Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $139,800. To break that down further, the land itself was valued at $13,400. While improvements to the property were assessed at a total of $126,400. 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. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 870
  • Total Building Area: 2,194
  • Gross Building Area: 2,194
  • Building Area: 2,194
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,194
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROOKSIDE PARK ADD
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BROOKSIDE PARK ADD L6 B7

Ownership

  • Current Owner : BERUMEN AGUSTIN
  • Current Owner 2: ARCE SANDRA GARCIA
  • Previous Owner : JILES JUNE Y
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lawrence Township Metropolitan School District
  • Census Tract: 330600

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2122-A6
  • Parcel: 49-07-12-108-015.000-407
  • Block: 7
  • Lot: 6
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.8488
  • Longitude: -86.0371

    Address

  • Full Address: 5218 N Richardt Ave
  • Address - House Number: 5218
  • Street Direction: N
  • Address - Street Name: Richardt
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C040
  • 4-Digit Zip Code: 1972
  • Zip Code: 46226

Valuation

    Tax

  • Total Area: 1,458
  • Tax Year: 2022
  • Tax Amount: $1,410
  • Tax Rate Code Area: 407

    Appraisal Valuation

  • Standard Deviation: 0.0198
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 89
  • Final Value: 178,000
  • High Value: 198,000
  • Low Value: 159,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,450
  • First Open Lien Mortgage Lender: M & I MARSHALL & ILSLEY BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2008
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $82,450
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2038

    Market Valuation

  • Market Total Value: $139,800
  • Market Land Value: $13,400
  • Market Improvement Value: $126,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,800
  • Assessed Land Value: $13,400
  • Assessed Improvements Value: $126,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2008
  • Current Sale Recording Date: Oct 22, 2008
  • Current Sale Transaction ID: 1078571490
  • Current Sale Price: $103,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2008-0122116

    Last Sale Mortgage

  • First Mortgage Lender: M & I MARSHALL & ILSLEY BANK
  • First Mortgage Transaction Date: Oct 22, 2008
  • First Mortgage Loan Amount: $82,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2038

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5218 North Richardt Avenue located in?
The 5218 North Richardt Avenue is a located in the neighborhood of Lawrence in Lawrence, Indianapolis.
What is the average sales price for listings in 5218 North Richardt Avenue?
The average sales price for units in 5218 North Richardt Avenue is $0 currently.

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