Check Availability

5576 South Walcott Street

5576 South Walcott Street, Indianapolis, IN 46227
Property in Edgewood
Sold Jan 30, 2018
$169,900
$161,405 by Forum Cu
Mortgage
Sold Jan 26, 2018
$169,900
Buyer
5576 South Walcott Street 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 1923 and is 101 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 9 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, 5576 South Walcott Street has 1,680 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 2,000 ft and across the front of the lot is 2,100 ft. The area measurement of the land has been determined as 42,000 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 detached garage for those who require parking. The garage measured 912 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5576 South Walcott Street sold most recently in Jan 26, 2018 for a total of $169,900. If you work out the math, that's approximately a cost of $101.13 per sqft. Before that, the property was also sold for $169,900 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,362 in taxes each year. 5576 South Walcott Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $259,500. If we break it down further, the land itself was valued at $34,700. Improvements to the property, however, were assessed at a total of $224,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 912
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 42,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,100
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,680
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ELDERS EDGEWOOD 3RD SEC
  • Land Acres: 0.964
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ELDERS 3RD EDGEWOOD L156 & L157

Ownership

  • Current Owner : LYNCH ARTHUR F
  • Current Owner 2: LYNCH DEELYN R
  • Previous Owner : STUMPF RICHARD L
  • Previous Owner 2: STUMPF TERESA J
  • Owner Before Previous Owner: STUMPF RICHARD L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Perry Township Metropolitan School District
  • Census Tract: 380800

Geography

  • Assessors Map Reference: 2556-A1
  • District: 0005
  • Section: 6014004
  • Parcel: 49-15-06-124-044.000-500
  • Lot: 157
  • Municipality: PERRY TOWNSHIP
  • Latitude: 39.6855
  • Longitude: -86.1289

    Address

  • Full Address: 5576 S Walcott St
  • Address - House Number: 5576
  • Street Direction: S
  • Address - Street Name: Walcott
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C001
  • 4-Digit Zip Code: 4616
  • Zip Code: 46227

Valuation

    Tax

  • Total Area: 1,680
  • Tax Year: 2022
  • Tax Amount: $3,362
  • Tax Rate Code Area: 500

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 290,054
  • High Value: 354,398
  • Low Value: 225,709

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,405
  • First Open Lien Mortgage Lender: FORUM CU
  • First Open Lien Mortgage Recording Date: Jan 30, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $161,405
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $259,500
  • Market Land Value: $34,700
  • Market Improvement Value: $224,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,500
  • Assessed Land Value: $34,700
  • Assessed Improvements Value: $224,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2018
  • Current Sale Recording Date: Jan 30, 2018
  • Current Sale Transaction ID: 11438800450
  • Current Sale Price: $169,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201800009718
  • Previous Sale Recording Date: Jan 26, 2018
  • Previous Sale Amount: $169,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FORUM CU
  • First Mortgage Transaction Date: Jan 30, 2018
  • First Mortgage Loan Amount: $161,405
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Edgewood



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 429 E Edgewood Avenue, Indianapolis, IN, 46227

$1,750 /mo

  • 5 Beds
  • 1.5 Baths
  • 1,092 ft²
429 E Edgewood Avenue, Indianapolis, IN, 46227 Listing by Maxwell Richter
Unit for rent at 3315 Chamberlin Drive, Indianapolis, IN, 46237

$2,395 /mo

  • 3 Beds
  • 2 Baths
  • 997 ft²
3315 Chamberlin Drive, Indianapolis, IN, 46237 Listing by Teresa Lents
Unit for rent at 3935 Mistletoe Dr, Indianapolis, IN, 46237

$2,500 /mo

  • 1 Bed
  • 1 Bath
3935 Mistletoe Dr, Indianapolis, IN, 46237 Listing by Manager
Unit for rent at 6933 Buckridge West Drive, Indianapolis, IN, 46227

$845 /mo

  • 1 Bed
  • 1 Bath
  • 620 ft²
6933 Buckridge West Drive #6928 Buckridge East Drive Apt A, Indianapolis, IN, 46227 Listing by Manager

Frequently Asked Questions

What neighborhood is 5576 South Walcott Street located in?
The 5576 South Walcott Street is a located in the neighborhood of Edgewood in Edgewood, Indianapolis.
What is the average sales price for listings in 5576 South Walcott Street?
The average sales price for units in 5576 South Walcott Street is $0 currently.

Quantcast