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729 South Emerson Avenue

729 South Emerson Avenue, Indianapolis, IN 46203
Sold May 03, 2021
$159,200
$157,102 by Bailey & Wood Financial Group
Mortgage Due May 01, 2051
Sold Feb 25, 2020
$129,900
$123,400 by Purdue Fcu
Mortgage
Local assessors in Indianapolis, IN have categorized 729 South Emerson Avenue as a residential type of property. The home was built in 1929 and is 95 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 7,318 square feet. The linear feet between the front and back of the lot was measured at 1,700 ft and the front of the lot was measured at 430 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, 3 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 is one full bathroom. There are also 2 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 729 South Emerson Avenue has a total of 1,440 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 full basement that is 1,440 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 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. The property was last sold in Apr 30, 2021 for $159,200. That's $55.28 per sqft. Prior to that sales transaction, the property was also sold in Feb 21, 2020 for $129,900. 729 South Emerson Avenue was last assessed in 2023. The total value of the property was assessed at $160,100. Specifically, the land the property is located on was valued at $7,700. While improvements on the property were assessed at a total of $152,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,694. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: Full basement
  • Basement Area: 1,440
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,318
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 430
  • Total Building Area: 2,880
  • Gross Building Area: 2,880
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: IVANHOE HEIGHTS REVISED
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: IVANHOE HTS REV L71

Ownership

  • Current Owner : MINER CHRISTOPHER
  • Previous Owner : PATRICK KRISTIN M
  • Owner Before Previous Owner: REDLINE MANAGEMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2339-A5
  • District: 0007
  • Section: 100
  • Parcel: 49-10-10-116-052.000-701
  • Lot: 71
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.7581
  • Longitude: -86.0826

    Address

  • Full Address: 729 S Emerson Ave
  • Address - House Number: 729
  • Street Direction: S
  • Address - Street Name: Emerson
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C033
  • 4-Digit Zip Code: 1636
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 2,880
  • Tax Year: 2022
  • Tax Amount: $1,694
  • Tax Rate Code Area: 701

    Appraisal Valuation

  • Standard Deviation: 0.2434
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 221,025
  • High Value: 274,841
  • Low Value: 167,209

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,102
  • First Open Lien Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: May 18, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $157,102
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $160,100
  • Market Land Value: $7,700
  • Market Improvement Value: $152,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,100
  • Assessed Land Value: $7,700
  • Assessed Improvements Value: $152,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Transaction ID: 11836073759
  • Current Sale Price: $159,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100058153
  • Previous Sale Recording Date: Feb 25, 2020
  • Previous Sale Contract Date: Feb 21, 2020
  • Previous Sale Amount: $129,900
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAILEY & WOOD FINANCIAL GROUP
  • First Mortgage Transaction Date: May 03, 2021
  • First Mortgage Loan Amount: $157,102
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: PURDUE FCU
  • Previous Mortgage Transaction Date: Feb 25, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $123,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 729 South Emerson Avenue located in?
The 729 South Emerson Avenue is a house located in the neighborhood of Glenroy Village in Southeast Indianapolis, Indianapolis.
What is the average sales price for listings in 729 South Emerson Avenue?
The average sales price for units in 729 South Emerson Avenue is $0 currently.

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