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6025 Compton Street

6025 Compton Street, Indianapolis, IN 46220
Sold Oct 18, 2018
$202,500
$192,375 by Freedom Mortgage
Mortgage
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Local assessors in Indianapolis, IN have categorized 6025 Compton Street as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1981. The property's lot size has been calculated to be 6,578 square feet. The linear feet between the front and back of the lot was measured at 1,570 ft and the front of the lot was measured at 420 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6025 Compton Street has a total of 1,090 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 545 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. 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 frame 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. 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, 6025 Compton Street sold most recently in Oct 5, 2018 for a total of $202,500. If you work out the math, that's approximately a cost of $123.85 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 $2,987 in taxes each year. 6025 Compton Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $263,700. If we break it down further, the land itself was valued at $28,900. Improvements to the property, however, were assessed at a total of $234,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1925
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 545
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,578
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,635
  • Gross Building Area: 1,635
  • Building Area: 1,090
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,090
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WADDY & SPRINGERS ADD
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WADDY & SPRINGER ADD L5 7 1/2FT E & ADJ L5

Ownership

  • Current Owner : HACKETT TAYLOR E
  • Current Owner 2: HACKETT EDWARD F
  • Previous Owner : HANNIGAN JAMES P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 321300

Geography

  • Assessors Map Reference: 2119-E4
  • District: 0008
  • Section: 6016004
  • Parcel: 49-07-06-125-005.000-801
  • Lot: 5
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8647
  • Longitude: -86.1386

    Address

  • Full Address: 6025 Compton St
  • Address - House Number: 6025
  • Address - Street Name: Compton
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C031
  • 4-Digit Zip Code: 2003
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 1,635
  • Tax Year: 2022
  • Tax Amount: $2,987
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.2214
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 345,669
  • High Value: 422,234
  • Low Value: 269,104

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,375
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 18, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $192,375
  • 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: $263,700
  • Market Land Value: $28,900
  • Market Improvement Value: $234,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,700
  • Assessed Land Value: $28,900
  • Assessed Improvements Value: $234,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 2018
  • Current Sale Recording Date: Oct 18, 2018
  • Current Sale Transaction ID: 11533968426
  • Current Sale Price: $202,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800106599

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE
  • First Mortgage Transaction Date: Oct 18, 2018
  • First Mortgage Loan Amount: $192,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 6025 Compton Street located in?
The 6025 Compton Street is a house located in the neighborhood of Broad Ripple in Broad Ripple, Indianapolis.
What is the average sales price for listings in 6025 Compton Street?
The average sales price for units in 6025 Compton Street is $0 currently.

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