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55 East 70th Street

55 East 70th Street, Indianapolis, IN 46220
House in Arden
Sold Dec 13, 2022
$550,000
Sold Jul 18, 2019
$512,500
$410,000 by Cibm Bank
Mortgage
Local assessors in Indianapolis, IN have categorized 55 East 70th Street as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 2004. The property's lot size has been calculated to be 19,994 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 55 East 70th Street has a total of 4,788 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 1,485 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 1,056 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 stone 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 - C. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 6, 2022 for $550,000. That's $96.95 per sqft. Prior to that sales transaction, the property was also sold in Jul 16, 2019 for $512,500. 55 East 70th Street was last assessed in 2023. The total value of the property was assessed at $592,900. Specifically, the land the property is located on was valued at $97,800. While improvements on the property were assessed at a total of $495,100. 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 $9,290. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stone Exterior
Vinyl Siding

Parking

Detached Garage
Open Parking
Tandem Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Stone
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,485
  • Garage Type: Detached
  • Garage Square Area: 1,056
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,994
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 5,673
  • Gross Building Area: 5,673
  • Building Area: 4,788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,788
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MERIDIAN HILLS 1ST SEC
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MERIDIAN HILLS 1ST SEC L33 & 15FT E SIDE OFLOTS 23 & 24

Ownership

  • Current Owner : LEDAS COTTAGE LLC
  • Previous Owner : BENJAMIN ARIKA L
  • Owner Before Previous Owner: EMEMRT FRANK
  • Owner Before Previous Owner 2: TAMAN SALMA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320800

Geography

  • Assessors Map Reference: 2119-C2
  • District: 0008
  • Section: 350
  • Parcel: 49-03-35-106-028.000-820
  • Lot: 33
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8799
  • Longitude: -86.1568

    Address

  • Full Address: 55 E 70th St
  • Address - House Number: 55
  • Street Direction: E
  • Address - Street Name: 70th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C005
  • 4-Digit Zip Code: 1001
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 4,800
  • Tax Year: 2022
  • Tax Amount: $9,290
  • Tax Rate Code Area: 820

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 608,876
  • High Value: 731,685
  • Low Value: 486,066

    Market Valuation

  • Market Total Value: $592,900
  • Market Land Value: $97,800
  • Market Improvement Value: $495,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $592,900
  • Assessed Land Value: $97,800
  • Assessed Improvements Value: $495,100

    Sales

  • Current Sale Contract Date: Dec 06, 2022
  • Current Sale Recording Date: Dec 13, 2022
  • Current Sale Transaction ID: 11899806136
  • Current Sale Price: $550,000
  • Current Sale Document Type: Contract of Sale
  • Current Sale Input Document Number: 131755
  • Previous Sale Recording Date: Jul 18, 2019
  • Previous Sale Contract Date: Jul 16, 2019
  • Previous Sale Amount: $512,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CIBM BANK
  • Previous Mortgage Transaction Date: Jul 18, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $410,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Arden



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Nearby Rentals

Unit for rent at

$1,695 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,380 ft²
Listing by Maxwell Richter
Unit for rent at

$1,525 /mo

  • 2 Beds
  • 1 Bath
  • 912 ft²
Listing by Anna Morken-Mullin
Unit for rent at

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 977 ft²
Listing by Daniel Baldini

Frequently Asked Questions

What neighborhood is 55 East 70th Street located in?
The 55 East 70th Street is a house located in the neighborhood of Arden in Arden, Indianapolis.
What is the average sales price for listings in 55 East 70th Street?
The average sales price for units in 55 East 70th Street is $539,000 , or $112/sqft. currently.

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