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5325 Sutton Street

5325 Sutton Street, Indianapolis, IN 46218
Property in Eastside
Sold Dec 10, 2020
$110,000
$55,000 by Trinity Peak Financial Llc
Mortgage Due Dec 01, 2050
Sold Jun 08, 2020
$58,500
Local assessors in Indianapolis, IN have categorized 5325 Sutton Street as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 5,837 square feet. The linear feet between the front and back of the lot was measured at 1,170 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 5325 Sutton Street has a total of 735 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 full basement that is 720 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 400 sqft. There are 2 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 central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 5325 Sutton Street was last sold in Nov 13, 2020 for $110,000. According to our calculations, that's $75.60 per sqft. Prior to that sales transaction, the property was sold for $58,500 in Jun 4, 2020. Current property owners are expected to pay $1,696 in taxes per year. The property on 5325 Sutton Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,400. To break that down further, the land itself was valued at $9,600. While improvements to the property were assessed at a total of $65,800. 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. 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.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: 1953
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 720
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,837
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,455
  • Gross Building Area: 1,455
  • Building Area: 735
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 735
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RITTER PARK REVISED 4TH SEC
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: RITTER PARK REV 4TH SEC L167

Ownership

  • Current Owner : VANTAGE
  • Previous Owner : GRANGER & BROWN INVESTMENTS LLC
  • Owner Before Previous Owner: BECK CHERYL
  • Owner Before Previous Owner 2: BECK WILLIAM MEDLOCK

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 360900

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2230-B7
  • District: 0007
  • Section: 340
  • Parcel: 49-07-34-145-018.000-701
  • Lot: 167
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7956
  • Longitude: -86.0773

    Address

  • Full Address: 5325 Sutton St
  • Address - House Number: 5325
  • Address - Street Name: Sutton
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 4832
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 1,455
  • Tax Year: 2022
  • Tax Amount: $1,696
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 140,530
  • High Value: 176,364
  • Low Value: 104,696

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: TRINITY PEAK FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Dec 10, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $55,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $75,400
  • Market Land Value: $9,600
  • Market Improvement Value: $65,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,400
  • Assessed Land Value: $9,600
  • Assessed Improvements Value: $65,800

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Transaction ID: 11815731970
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000146214
  • Previous Sale Recording Date: Jun 08, 2020
  • Previous Sale Contract Date: Jun 04, 2020
  • Previous Sale Amount: $58,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRINITY PEAK FINANCIAL LLC
  • First Mortgage Transaction Date: Dec 10, 2020
  • First Mortgage Loan Amount: $55,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5325 Sutton Street located in?
The 5325 Sutton Street is a located in the neighborhood of Eastside in Eastside, Indianapolis.
What is the average sales price for listings in 5325 Sutton Street?
The average sales price for units in 5325 Sutton Street is $0 currently.

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