5244 Shelbyville Road

5244 Shelbyville Road 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 1961 and is 63 years old. However, we must point out that the home was most recently renovated and altered in 1992. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5244 Shelbyville Road has 1,526 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 67,518 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 garage for those who require parking. The garage measured 550 sqft. According to our sources, there are a total of 2 available parking spaces. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from unknown system. The property was last sold in Aug 14, 2014 for $85,000. That's $40.94 per sqft. Prior to that sales transaction, the property was also sold in Mar 4, 2014 for $95,985. 5244 Shelbyville Road was last assessed in 2023. The total value of the property was assessed at $208,900. Specifically, the land the property is located on was valued at $34,100. While improvements on the property were assessed at a total of $174,800. 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 $4,446. 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.