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880 Fletcher Avenue

880 Fletcher Avenue, Indianapolis, IN 46203
Multifamily in Near Southeast
Local assessors in Indianapolis, IN have categorized 880 Fletcher Avenue as a residential type of property. The home was built in 1933 and is 91 years old. The property's lot size has been calculated to be 9,409 square feet. The linear feet between the front and back of the lot was measured at 1,570 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 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 880 Fletcher Avenue has a total of 4,634 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 987 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 384 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 fair. 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 - D. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 880 Fletcher Avenue sold most recently in Feb 25, 2021 for a total of $417,200. If you work out the math, that's approximately a cost of $60.36 per sqft. Before that, the property was also sold for $175,000 in May 26, 2010. 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 $3,828 in taxes each year. 880 Fletcher Avenue was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $237,600. If we break it down further, the land itself was valued at $61,000. Improvements to the property, however, were assessed at a total of $176,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Wood Exterior

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
20200217
02/17/2020
Studio
-
-
$500,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 987
  • Garage Type: Detached
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,409
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 600
  • Total Building Area: 6,912
  • Gross Building Area: 6,912
  • Building Area: 4,634
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,634
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FLETCHERS ET AL SUB EX 40.5FT N END
  • Land Acres: 0.216
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: FLETCHERS ET AL SUB EX 40.5FT N END L99 OL96

Ownership

  • Current Owner : PONOMAREV PAVEL V
  • Current Owner 2: CHAVEZ MIGUEL
  • Previous Owner : BOYD ERIN
  • Owner Before Previous Owner: WARHOLAK DAVID M
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 06, 2022

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355900

Zoning

  • Zoning: ZO01

Geography

  • District: 0001
  • Section: 120
  • Parcel: 49-11-12-236-435.000-101
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7593
  • Longitude: -86.1418

    Address

  • Full Address: 880 Fletcher Ave
  • Address - House Number: 880
  • Address - Street Name: Fletcher
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C014
  • 4-Digit Zip Code: 1038
  • Zip Code: 46203

Valuation

    Tax

  • Total Area: 6,912
  • Tax Year: 2021
  • Tax Amount: $3,828
  • Tax Rate Code Area: 101:INDPLS

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Oct 05, 2022
  • Confidence Score: 70
  • Final Value: 429,466
  • High Value: 521,579
  • Low Value: 337,353

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $333,750
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL CO
  • First Open Lien Mortgage Recording Date: Mar 15, 2021
  • First Open Lien Mortgage Loan Amount: $333,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Recording Date: Mar 15, 2021
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $237,600
  • Market Land Value: $61,000
  • Market Improvement Value: $176,600

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $237,600
  • Assessed Land Value: $61,000
  • Assessed Improvements Value: $176,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Mar 15, 2021
  • Current Sale Transaction ID: 11831520718
  • Current Sale Price: $417,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100033859
  • Previous Sale Recording Date: Jul 02, 2010
  • Previous Sale Contract Date: May 26, 2010
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL CO
  • First Mortgage Transaction Date: Mar 15, 2021
  • First Mortgage Loan Amount: $333,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: ALLY BANK
  • Previous Mortgage Transaction Date: Jul 02, 2010
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2040

About Near Southeast



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Frequently Asked Questions

What neighborhood is 880 Fletcher Avenue located in?
The 880 Fletcher Avenue is a multifamily located in the neighborhood of Near Southeast in Near Southeast, Indianapolis.
What is the average sales price for listings in 880 Fletcher Avenue?
The average sales price for units in 880 Fletcher Avenue is $0 currently.

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