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7204 New Augusta Road

7204 New Augusta Road, Indianapolis, IN 46268
Sold Feb 13, 2020
$59,900
$1,725,000 by Live Oak Banking Company
Mortgage Due Feb 07, 2033
Sold Nov 22, 2019
$40,000
7204 New Augusta Road 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 1880 and is 144 years old. However, we must point out that the home was most recently renovated and altered in 1926. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7204 New Augusta Road has 918 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 1,150 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 9,757 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 400 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 D by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with no 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 none 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, 7204 New Augusta Road was last sold in Jan 31, 2020 for $59,900. According to our calculations, that's $65.25 per sqft. Prior to that sales transaction, the property was sold for $40,000 in Nov 15, 2019. Current property owners are expected to pay $2,114 in taxes per year. The property on 7204 New Augusta Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $100,500. To break that down further, the land itself was valued at $22,500. While improvements to the property were assessed at a total of $78,000. 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. 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.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: 1880
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,757
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 850
  • Total Building Area: 918
  • Gross Building Area: 918
  • Building Area: 918
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 918
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: HOSBROOK
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HOSBROOK L5 & 25 OF VAC PT OF HERNER AVE

Ownership

  • Current Owner : BURROWS SCOTT
  • Previous Owner : EQUITY TRUST CO
  • Owner Before Previous Owner: BANNISTER BRADLEY A

Neighborhood

  • School District Name: Pike Township Metropolitan School District
  • Census Tract: 310201

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2117-E1
  • District: 0006
  • Section: 300
  • Parcel: 49-03-30-101-017.000-600
  • Lot: 5,25
  • Meridian: SEC 30 TWN 17N RNG 03
  • Municipality: PIKE TOWNSHIP
  • Latitude: 39.884
  • Longitude: -86.2366

    Address

  • Full Address: 7204 New Augusta Rd
  • Address - House Number: 7204
  • Address - Street Name: New Augusta
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C097
  • 4-Digit Zip Code: 2232
  • Zip Code: 46268

Valuation

    Tax

  • Total Area: 918
  • Tax Year: 2022
  • Tax Amount: $2,114
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.1191
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 90
  • Final Value: 153,000
  • High Value: 171,000
  • Low Value: 137,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,725,000
  • First Open Lien Mortgage Lender: LIVE OAK BANKING COMPANY
  • First Open Lien Mortgage Recording Date: Mar 08, 2023
  • First Open Lien Mortgage Loan Amount: $1,725,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 07, 2033

    Market Valuation

  • Market Total Value: $100,500
  • Market Land Value: $22,500
  • Market Improvement Value: $78,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,500
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $78,000

    Sales

  • Current Sale Contract Date: Jan 31, 2020
  • Current Sale Recording Date: Feb 13, 2020
  • Current Sale Transaction ID: 11735359450
  • Current Sale Price: $59,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000016775
  • Previous Sale Recording Date: Nov 22, 2019
  • Previous Sale Contract Date: Nov 15, 2019
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AXIS BANK
  • First Mortgage Transaction Date: Feb 13, 2020
  • First Mortgage Loan Amount: $47,920
  • 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 7204 New Augusta Road located in?
The 7204 New Augusta Road is a house located in the neighborhood of Augusta Green in Augusta - New Augusta, Indianapolis.
What is the average sales price for listings in 7204 New Augusta Road?
The average sales price for units in 7204 New Augusta Road is $0 currently.

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