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606 East Minnesota Street

606 East Minnesota Street, Indianapolis, IN 46203
Sold Dec 15, 2021
$618,600
$494,910 by Primelending
Mortgage
Sold Nov 30, 2020
$62,000
Local assessors in Indianapolis, IN have categorized 606 East Minnesota Street as a residential type of property. The home was built in 1890 and is 134 years old. It was most recently renovated and altered in 2021. The property's lot size has been calculated to be 6,098 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 530 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. 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 606 East Minnesota Street has a total of 2,856 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 776 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 576 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 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 - A. 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. 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, 606 East Minnesota Street sold most recently in Oct 29, 2021 for a total of $618,600. If you work out the math, that's approximately a cost of $170.32 per sqft. Before that, the property was also sold for $62,000 in Nov 17, 2020. 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 $6,914 in taxes each year. The initial year of tax delinquency occurred in 2020. 606 East Minnesota Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $579,700. If we break it down further, the land itself was valued at $43,100. Improvements to the property, however, were assessed at a total of $536,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1890
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 776
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 530
  • Total Building Area: 3,632
  • Gross Building Area: 3,632
  • Building Area: 2,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,856
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MINTERS SUB SEIDENSTICKER & NALTNERS ADD
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MINTERS SUB SEIDENSTICKER & NALTNERS ADD L6 W1/2 L7

Ownership

  • Current Owner : RIVA CARLOS DE LA
  • Current Owner 2: DERIVA KARLA DE
  • Previous Owner : INNOVATIVE HOMES LLC
  • Owner Before Previous Owner: KRAUS MATTHEW E
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 357000

Geography

  • Assessors Map Reference: 2337-D6
  • District: 0001
  • Section: 130
  • Parcel: 49-11-13-197-017.000-101
  • Lot: 6,7
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7451
  • Longitude: -86.1481

    Address

  • Full Address: 606 E Minnesota St
  • Address - House Number: 606
  • Street Direction: E
  • Address - Street Name: Minnesota
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C018
  • 4-Digit Zip Code: 3949
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 930
  • Tax Year: 2022
  • Tax Amount: $6,914
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.256
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 623,035
  • High Value: 782,550
  • Low Value: 463,521

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $494,910
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $494,910
  • 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: $579,700
  • Market Land Value: $43,100
  • Market Improvement Value: $536,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $579,700
  • Assessed Land Value: $43,100
  • Assessed Improvements Value: $536,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11875818958
  • Current Sale Price: $618,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100167746
  • Previous Sale Recording Date: Nov 30, 2020
  • Previous Sale Contract Date: Nov 17, 2020
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $494,910
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 606 East Minnesota Street located in?
The 606 East Minnesota Street is a located in the neighborhood of Bates - Hendricks in Near Southside, Indianapolis.
What is the average sales price for listings in 606 East Minnesota Street?
The average sales price for units in 606 East Minnesota Street is $0 currently.

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