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5950 Rawles Avenue

5950 Rawles Avenue, Indianapolis, IN 46219
House in Irvington
Sold Sep 18, 2020
$143,000
$140,409 by Caliber Home Loans Inc
Mortgage
Sold Mar 28, 2016
Transfer
5950 Rawles 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 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 1978. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. There are 3 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, 5950 Rawles Avenue has 1,536 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 430 ft. The area measurement of the land has been determined as 8,581 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 576 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 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 5950 Rawles Avenue sold most recently in Sep 4, 2020 for a total of $143,000. If you work out the math, that's approximately a cost of $93.10 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,036 in taxes each year. 5950 Rawles Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $161,000. If we break it down further, the land itself was valued at $21,600. Improvements to the property, however, were assessed at a total of $139,400. 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.

Building Features

Exterior

Vinyl Siding

Parking

Guest Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 960
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,581
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WALKERS 4TH SUB
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WALKERS 4TH SUB L10

Ownership

  • Current Owner : STONE RILEY
  • Previous Owner : WALTERS CHONG S
  • Owner Before Previous Owner: RAY DANNY LEE
  • Owner Before Previous Owner 2: RAY MARY LOU
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 361200

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2339-C4
  • District: 0007
  • Section: 100
  • Parcel: 49-10-10-130-001.000-701
  • Lot: 10
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7618
  • Longitude: -86.0649

    Address

  • Full Address: 5950 Rawles Ave
  • Address - House Number: 5950
  • Address - Street Name: Rawles
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C031
  • 4-Digit Zip Code: 8136
  • Zip Code: 46219

Valuation

    Tax

  • Total Area: 1,920
  • Tax Year: 2022
  • Tax Amount: $2,036
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.2387
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 220,920
  • High Value: 273,668
  • Low Value: 168,173

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,409
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 18, 2020
  • First Open Lien Mortgage Loan Amount: $140,409
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $161,000
  • Market Land Value: $21,600
  • Market Improvement Value: $139,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,000
  • Assessed Land Value: $21,600
  • Assessed Improvements Value: $139,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 18, 2020
  • Current Sale Transaction ID: 11795112566
  • Current Sale Price: $143,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000104745
  • Previous Sale Recording Date: Mar 28, 2016
  • Previous Sale Contract Date: Mar 23, 2016
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Sep 18, 2020
  • First Mortgage Loan Amount: $140,409
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 5950 Rawles Avenue located in?
The 5950 Rawles Avenue is a house located in the neighborhood of Irvington in Irvington, Indianapolis.
What is the average sales price for listings in 5950 Rawles Avenue?
The average sales price for units in 5950 Rawles Avenue is $0 currently.

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