Check Availability

838 North Gray Street

838 North Gray Street, Indianapolis, IN 46201
Multifamily in Rural-Sherman
838 North Gray Street 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 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1922. The home has a total of 5 rooms. 2 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, 838 North Gray Street has 784 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 784 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,619 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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 324 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 C 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 a water system. The building on the property is connected to a sewer system. The property was last sold in Aug 31, 2021 for $6,098,800. That's $3,889.54 per sqft. Prior to that sales transaction, the property was also sold in Jun 27, 2019 for $51,875. 838 North Gray Street was last assessed in 2023. The total value of the property was assessed at $95,600. Specifically, the land the property is located on was valued at $6,600. While improvements on the property were assessed at a total of $89,000. 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 $2,263. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190302
03/02/2019
Studio
-
-
$65,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 784
  • Garage Type: Detached
  • Garage Square Area: 324
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,619
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THEODORE D LAYMANS ADD
  • Land Acres: 0.129
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: T D LAYMANS ADD L20

Ownership

  • Current Owner : TERRA FIRMA RENTALS LLC
  • Previous Owner : TERRA FIRMA LLP
  • Owner Before Previous Owner: LAS INVESTMENTS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354900

Geography

  • Assessors Map Reference: 2338-C2
  • District: 0001
  • Section: 5015004
  • Parcel: 49-10-05-151-017.000-101
  • Lot: 20
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7785
  • Longitude: -86.1121

    Address

  • Full Address: 838 N Gray St
  • Address - House Number: 838
  • Street Direction: N
  • Address - Street Name: Gray
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C018
  • 4-Digit Zip Code: 2428
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,568
  • Tax Year: 2022
  • Tax Amount: $2,263
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2639
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 156,603
  • High Value: 197,938
  • Low Value: 115,268

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,879,000
  • First Open Lien Mortgage Lender: COREVEST AMERICAN FINANCE
  • First Open Lien Mortgage Recording Date: Sep 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $4,879,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $95,600
  • Market Land Value: $6,600
  • Market Improvement Value: $89,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,600
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $89,000

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 27, 2021
  • Current Sale Transaction ID: 11858629302
  • Current Sale Price: $6,098,800
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: A202100128946
  • Previous Sale Recording Date: Jul 09, 2019
  • Previous Sale Contract Date: Jun 27, 2019
  • Previous Sale Amount: $51,875
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COREVEST AMERICAN FINANCE
  • First Mortgage Transaction Date: Sep 27, 2021
  • First Mortgage Loan Amount: $4,879,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Near Eastside



Similar Buildings

Multifamily at 838 North Gray Street,

610 North Parker Avenue

  • 1 Unit for Sale
  • 1 Story
610 North Parker Avenue, Indianapolis, IN 46201 House in Rural-Sherman
Multifamily at 838 North Gray Street,

527 North Dearborn Street

  • 1 Unit for Sale
  • 1 Story
527 North Dearborn Street, Indianapolis, IN 46201 House in Rural-Sherman
Multifamily at 838 North Gray Street,

913 North Temple Avenue

  • 1 Unit for Sale
  • 1 Story
913 North Temple Avenue, Indianapolis, IN 46201 House in Rural-Sherman
Multifamily at 838 North Gray Street,

3504 East 10th Street

  • 1 Unit for Sale
  • 2 Stories
3504 East 10th Street, Indianapolis, IN 46201 House in Rural-Sherman
Multifamily at 838 North Gray Street,

838 North Temple Avenue

  • 1 Unit for Sale
  • 1 Story
838 North Temple Avenue, Indianapolis, IN 46201 House in Rural-Sherman
Multifamily at 838 North Gray Street,

544 North Eastern Avenue

  • 1 Unit for Sale
544 North Eastern Avenue, Indianapolis, IN 46201 House in Rural-Sherman
Multifamily at 838 North Gray Street,

909 North Tacoma Avenue

  • 1 Unit for Sale
  • 1 Story
909 North Tacoma Avenue, Indianapolis, IN 46201 House in Rural-Sherman
Multifamily at 838 North Gray Street,

1227 North Rural Street

  • 1 Unit for Sale
  • 1 Story
1227 North Rural Street, Indianapolis, IN 46201 House in Rural-Sherman
Multifamily at 838 North Gray Street,

3542 Robson Street

  • 1 Unit for Sale
  • 1 Story
3542 Robson Street, Indianapolis, IN 46201 House in Rural-Sherman

Nearby Rentals

Unit for rent at 913 North Bosart Avenue, Indianapolis, IN, 46201

$850 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
913 North Bosart Avenue, Indianapolis, IN, 46201 Listing by Maxwell Richter
Unit for rent at 206 North Summit Street, Indianapolis, IN, 46201

$1,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,788 ft²
206 North Summit Street, Indianapolis, IN, 46201 Listing by Amanda Wade
Unit for rent at 118 North Linwood Avenue, Indianapolis, IN, 46201

$775 /mo

  • 2 Beds
  • 1 Bath
  • 1,925 ft²
118 North Linwood Avenue, Indianapolis, IN, 46201 Listing by Maxwell Richter
Unit for rent at 3419 East 10th Street, Indianapolis, IN, 46201

$1,100 /mo

  • Studio
3419 East 10th Street, Indianapolis, IN, 46201 Listing by Charles Szabo
Unit for rent at 1912 Lexington Avenue, Indianapolis, IN, 46203

$725 /mo

  • Studio
  • 1 Bath
  • 661 ft²
1912 Lexington Avenue, Indianapolis, IN, 46203 Listing by Maxwell Richter
Unit for rent at 918 North Hamilton Avenue, Indianapolis, IN, 46201

$1,975 /mo

  • 2 Beds
  • 2 Baths
  • 2,075 ft²
918 North Hamilton Avenue, Indianapolis, IN, 46201 Listing by Kristen Yazel
Unit for rent at 1429 East New York Street, Indianapolis, IN, 46201

$895 /mo

  • 2 Beds
  • 1 Bath
  • 1,683 ft²
1429 East New York Street, Indianapolis, IN, 46201 Listing by Maxwell Richter

Frequently Asked Questions

What neighborhood is 838 North Gray Street located in?
The 838 North Gray Street is a multifamily located in the neighborhood of Rural-Sherman in Near Eastside, Indianapolis.
What is the average sales price for listings in 838 North Gray Street?
The average sales price for units in 838 North Gray Street is $0 currently.

Quantcast