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5602 Hollister Drive

5602 Hollister Drive, Indianapolis, IN 46224
Property in Speedway
Sold Jun 27, 2017
$112,000
$109,971 by Caliber Home Loans Inc
Mortgage Due Jul 01, 2047
Sold Jun 23, 2017
$112,000
5602 Hollister Drive 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 1961 and is 63 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 7 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, 5602 Hollister Drive has 2,037 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 1,200 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 10,193 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 440 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 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 masonry 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. 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, 5602 Hollister Drive was last sold in Jun 23, 2017 for $112,000. According to our calculations, that's $45.22 per sqft. Prior to that sales transaction, the property was sold for $112,000 in Jan 1, 1970. Current property owners are expected to pay $2,677 in taxes per year. The property on 5602 Hollister Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $227,900. To break that down further, the land itself was valued at $26,900. While improvements to the property were assessed at a total of $201,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1961
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,193
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,477
  • Gross Building Area: 2,477
  • Building Area: 2,037
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,037
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARKVIEW ESTATES 1ST SEC
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PARKVIEW ESTATES ADD L16

Ownership

  • Current Owner : COOK MELISSA M
  • Current Owner 2: COOK BENJAMIN D
  • Previous Owner : BARBARA G FATH
  • Owner Before Previous Owner: BARBARA G FATH TRUSTEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Speedway School Town
  • Census Tract: 340202

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2226-B5
  • District: 0009
  • Section: 250
  • Parcel: 49-05-25-109-018.000-914
  • Lot: 16
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.807
  • Longitude: -86.2589

    Address

  • Full Address: 5602 Hollister Dr
  • Address - House Number: 5602
  • Address - Street Name: Hollister
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C047
  • 4-Digit Zip Code: 3323
  • Zip Code: 46224

Valuation

    Tax

  • Total Area: 2,037
  • Tax Year: 2022
  • Tax Amount: $2,677
  • Tax Rate Code Area: 914

    Appraisal Valuation

  • Standard Deviation: 0.0595
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 91
  • Final Value: 268,000
  • High Value: 289,000
  • Low Value: 248,000

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $114,218
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 27, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $109,971
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Oct 24, 2023
  • Second Open Lien Mortgage Loan Amount: $4,247
  • Second Open Lien Mortgage Term: 333
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $227,900
  • Market Land Value: $26,900
  • Market Improvement Value: $201,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,900
  • Assessed Land Value: $26,900
  • Assessed Improvements Value: $201,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2017
  • Current Sale Recording Date: Jun 27, 2017
  • Current Sale Transaction ID: 11356189801
  • Current Sale Price: $112,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A201700072972
  • Previous Sale Recording Date: Jun 23, 2017
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jun 27, 2017
  • First Mortgage Loan Amount: $109,971
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 5602 Hollister Drive located in?
The 5602 Hollister Drive is a located in the neighborhood of Speedway in Speedway, Indianapolis.
What is the average sales price for listings in 5602 Hollister Drive?
The average sales price for units in 5602 Hollister Drive is $0 currently.

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