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5473 North Capitol Avenue

5473 North Capitol Avenue, Indianapolis, IN 46208
Sold Sep 18, 2019
$350,000
$400,000 by Star Financial Bank
Mortgage Due May 22, 2033
5473 North Capitol 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 1938 and is 86 years old. However, we must point out that the home was most recently renovated and altered in 2022. The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5473 North Capitol Avenue has 3,135 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 821 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,540 ft and across the front of the lot is 1,740 ft. The area measurement of the land has been determined as 7,841 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 399 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. 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 stone control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 5473 North Capitol Avenue was last sold in Aug 29, 2019 for $350,000. According to our calculations, that's $80.37 per sqft. Current property owners are expected to pay $10,019 in taxes per year. The property on 5473 North Capitol Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $668,200. To break that down further, the land itself was valued at $165,500. While improvements to the property were assessed at a total of $502,700. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1938
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Stone
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 821
  • Garage Type: Attached
  • Garage Square Area: 399
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 1,740
  • Total Building Area: 4,355
  • Gross Building Area: 4,355
  • Building Area: 3,135
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,135
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH BUTLER TERRACE
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: NORTH BUTLER TERRACE L114 L115 L116 & 12 VAC ALLEY N & ADJ L116

Ownership

  • Current Owner : KOBERT ERNEST M
  • Current Owner 2: KOBERT SUSAN G
  • Previous Owner : SMITH ALISON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 321800

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2119-C6
  • District: 0008
  • Section: 110
  • Parcel: 49-06-11-104-141.000-801
  • Lot: 115
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8522
  • Longitude: -86.1615

    Address

  • Full Address: 5473 N Capitol Ave
  • Address - House Number: 5473
  • Street Direction: N
  • Address - Street Name: Capitol
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C018
  • 4-Digit Zip Code: 2631
  • Zip Code: 46208

Valuation

    Tax

  • Total Area: 2,989
  • Tax Year: 2022
  • Tax Amount: $10,019
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2261
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 597,556
  • High Value: 732,683
  • Low Value: 462,428

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: STAR FINANCIAL BANK
  • First Open Lien Mortgage Recording Date: Jun 05, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: May 22, 2033

    Market Valuation

  • Market Total Value: $668,200
  • Market Land Value: $165,500
  • Market Improvement Value: $502,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $668,200
  • Assessed Land Value: $165,500
  • Assessed Improvements Value: $502,700

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Transaction ID: 11656602305
  • Current Sale Price: $350,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: A201900090944

    Last Sale Mortgage

  • First Mortgage Lender: STAR FINANCIAL BANK
  • First Mortgage Transaction Date: Sep 18, 2019
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Butler - Tarkington



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Frequently Asked Questions

What neighborhood is 5473 North Capitol Avenue located in?
The 5473 North Capitol Avenue is a located in the neighborhood of Butler - Tarkington in Butler - Tarkington, Indianapolis.
What is the average sales price for listings in 5473 North Capitol Avenue?
The average sales price for units in 5473 North Capitol Avenue is $0 currently.

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