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938 North Gray Street

938 North Gray Street, Indianapolis, IN 46201
Property in Rural-Sherman
Sold Nov 06, 2020
$100,000
$75,000 by Union Savings Bank
Mortgage
Sold Jul 12, 2019
$8,250
938 North Gray Street in Indianapolis, IN was first built in 1926 and is 98 years old. Although, the building on the property was most recently renovated and altered in 1968. This has been categorized as a residential property type. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. 938 North Gray Street has 1,216 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,216 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 330 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 4,443 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 484 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system. 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, 938 North Gray Street sold most recently in Oct 9, 2020 for a total of $100,000. If you work out the math, that's approximately a cost of $41.12 per sqft. Before that, the property was also sold for $8,250 in Jul 10, 2019. 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 $2,636 in taxes each year. 938 North Gray Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $102,100. If we break it down further, the land itself was valued at $5,400. Improvements to the property, however, were assessed at a total of $96,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1926
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Concrete block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,216
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,443
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 330
  • Total Building Area: 2,432
  • Gross Building Area: 2,432
  • Building Area: 1,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,216
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KIDDS E 10TH ST ADD
  • Land Acres: 0.102
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: KIDDS E 10TH ST ADD L11

Ownership

  • Current Owner : HARVEY KRISTEN
  • Previous Owner : BLEDSOE MONIQUE
  • Owner Before Previous Owner: RENEW INDIANAPOLIS INC

Neighborhood

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

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-C2
  • District: 0001
  • Section: 5015004
  • Parcel: 49-10-05-227-001.000-101
  • Lot: 11
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.78
  • Longitude: -86.1121

    Address

  • Full Address: 938 N Gray St
  • Address - House Number: 938
  • Street Direction: N
  • Address - Street Name: Gray
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C018
  • 4-Digit Zip Code: 2430
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,432
  • Tax Year: 2022
  • Tax Amount: $2,636
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 172,777
  • High Value: 217,411
  • Low Value: 128,143

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: UNION SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Nov 06, 2020
  • First Open Lien Mortgage Loan Amount: $75,000
  • 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: $102,100
  • Market Land Value: $5,400
  • Market Improvement Value: $96,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,100
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $96,700

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Transaction ID: 11810140167
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000129394
  • Previous Sale Recording Date: Jul 12, 2019
  • Previous Sale Contract Date: Jul 10, 2019
  • Previous Sale Amount: $8,250
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION SAVINGS BANK
  • First Mortgage Transaction Date: Nov 06, 2020
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Near Eastside



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Nearby Rentals

Unit for rent at 740 E North Street, Indianapolis, IN, 46202

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,037 ft²
740 E North Street #202, Indianapolis, IN, 46202 Listing by Patricia Parsons

Frequently Asked Questions

What neighborhood is 938 North Gray Street located in?
The 938 North Gray Street is a located in the neighborhood of Rural-Sherman in Near Eastside, Indianapolis.
What is the average sales price for listings in 938 North Gray Street?
The average sales price for units in 938 North Gray Street is $0 currently.

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