Check Availability

605 Fletcher Avenue

605 Fletcher Avenue, Indianapolis, IN 46203
Property in Fletcher Place
Sold Jul 14, 2016
$445,000
$315,000 by Quicken Loans Inc
Mortgage Due Mar 01, 2041
Sold May 24, 2005
Transfer
Local assessors in Indianapolis, IN have categorized 605 Fletcher Avenue as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 2006. The property's lot size has been calculated to be 5,053 square feet. The linear feet between the front and back of the lot was measured at 1,260 ft and the front of the lot was measured at 400 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. 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 605 Fletcher Avenue has a total of 2,570 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 unknown that is 431 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 644 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. 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, 605 Fletcher Avenue was last sold in Jul 8, 2016 for $445,000. According to our calculations, that's $116.28 per sqft. Current property owners are expected to pay $7,307 in taxes per year. The property on 605 Fletcher Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $521,500. To break that down further, the land itself was valued at $58,800. While improvements to the property were assessed at a total of $462,700. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1900
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 431
  • Garage Type: Detached
  • Garage Square Area: 644
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,053
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,827
  • Gross Building Area: 3,827
  • Building Area: 2,570
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,570
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FLETCHERS ET AL SUB OL94
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FLETCHERS ET AL SUB L498 OL94

Ownership

  • Current Owner : NEWELL WADE
  • Current Owner 2: NEWELL CAROL A
  • Previous Owner : INGRAM KIMBERLY JO
  • Previous Owner 2: INGRAM JEREMIAH
  • Owner Before Previous Owner: MURPHY GEORGE L
  • Owner Before Previous Owner 2: MURPHY SHARON D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 356200

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2337-D4
  • Parcel: 49-11-12-203-033.000-101
  • Lot: 498
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7609
  • Longitude: -86.1468

    Address

  • Full Address: 605 Fletcher Ave
  • Address - House Number: 605
  • Address - Street Name: Fletcher
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C024
  • 4-Digit Zip Code: 1035
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 3,827
  • Tax Year: 2022
  • Tax Amount: $7,307
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 500,329
  • High Value: 612,772
  • Low Value: 387,886

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $315,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2041

    Market Valuation

  • Market Total Value: $521,500
  • Market Land Value: $58,800
  • Market Improvement Value: $462,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $521,500
  • Assessed Land Value: $58,800
  • Assessed Improvements Value: $462,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 08, 2016
  • Current Sale Recording Date: Jul 14, 2016
  • Current Sale Transaction ID: 1639405429
  • Current Sale Price: $445,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201600074793
  • Previous Sale Recording Date: May 24, 2005
  • Previous Sale Contract Date: May 20, 2005
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Jul 14, 2016
  • First Mortgage Loan Amount: $356,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

About Downtown Indianapolis



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1 Virginia Avenue, Indianapolis, IN, 46204

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,661 ft²
1 Virginia Avenue #703, Indianapolis, IN, 46204 Listing by Scott Lindsay

Frequently Asked Questions

What neighborhood is 605 Fletcher Avenue located in?
The 605 Fletcher Avenue is a located in the neighborhood of Fletcher Place in Downtown Indianapolis, Indianapolis.
What is the average sales price for listings in 605 Fletcher Avenue?
The average sales price for units in 605 Fletcher Avenue is $0 currently.

Quantcast