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970 Burbank Road

970 Burbank Road, Indianapolis, IN 46219
Property in East Gate
Sold Dec 14, 2018
$156,000
$153,174 by Land Home Financial Svcs Inc
Mortgage Due Dec 14, 2048
Local assessors in Indianapolis, IN have categorized 970 Burbank Road as a residential type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 18,818 square feet. The linear feet between the front and back of the lot was measured at 1,920 ft and the front of the lot was measured at 980 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 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 970 Burbank Road has a total of 2,407 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 768 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 attached garage for those who need a place to park their vehicle. The garage on the property is 450 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 970 Burbank Road was last sold in Dec 6, 2018 for $156,000. According to our calculations, that's $43.03 per sqft. Current property owners are expected to pay $1,953 in taxes per year. The property on 970 Burbank Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $167,200. To break that down further, the land itself was valued at $24,600. While improvements to the property were assessed at a total of $142,600. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 768
  • Garage Type: Attached
  • Garage Square Area: 450
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 18,818
  • Lot Size Depth Feet: 1,920
  • Lot Size Frontage Feet: 980
  • Total Building Area: 3,625
  • Gross Building Area: 3,625
  • Building Area: 2,407
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,407
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BURBANK PARK
  • Land Acres: 0.432
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: BURBANK PARK L3

Ownership

  • Current Owner : WALLACE DONALD L
  • Current Owner 2: WALLACE CYNTHIA D
  • Previous Owner : SCHNEIDER JEFFREY
  • Previous Owner 2: SCHNEIDER THERESA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warren Township Metropolitan School District
  • Census Tract: 360602

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2340-A2
  • District: 0007
  • Section: 1015004
  • Parcel: 49-10-01-122-007.000-700
  • Lot: 3
  • Municipality: WARREN TOWNSHIP
  • Latitude: 39.781
  • Longitude: -86.0362

    Address

  • Full Address: 970 Burbank Rd
  • Address - House Number: 970
  • Address - Street Name: Burbank
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C001
  • 4-Digit Zip Code: 5023
  • Zip Code: 46219

Valuation

    Tax

  • Total Area: 3,175
  • Tax Year: 2022
  • Tax Amount: $1,953
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.2343
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 67
  • Final Value: 257,367
  • High Value: 317,682
  • Low Value: 197,052

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $208,378
  • First Open Lien Mortgage Lender: LAND HOME FINANCIAL SVCS INC
  • First Open Lien Mortgage Recording Date: Dec 14, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $153,174
  • 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: Dec 14, 2048
  • Second Open Lien Mortgage Lender: HUD
  • Second Open Lien Mortgage Recording Date: May 14, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $5,204
  • Second Open Lien Mortgage Term: 331
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2049
  • Third Open Lien Mortgage Lender: IN HSNG & CMTY DEV AUTHORITY
  • Third Open Lien Mortgage Recording Date: Jan 25, 2024
  • Third Open Lien Mortgage Loan Amount: $50,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Jan 25, 2054

    Market Valuation

  • Market Total Value: $167,200
  • Market Land Value: $24,600
  • Market Improvement Value: $142,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,200
  • Assessed Land Value: $24,600
  • Assessed Improvements Value: $142,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 06, 2018
  • Current Sale Recording Date: Dec 14, 2018
  • Current Sale Transaction ID: 11559659452
  • Current Sale Price: $156,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201800125887

    Last Sale Mortgage

  • First Mortgage Lender: LAND HOME FINANCIAL SVCS INC
  • First Mortgage Transaction Date: Dec 14, 2018
  • First Mortgage Loan Amount: $153,174
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About East Gate



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Frequently Asked Questions

What neighborhood is 970 Burbank Road located in?
The 970 Burbank Road is a located in the neighborhood of East Gate in East Gate, Indianapolis.
What is the average sales price for listings in 970 Burbank Road?
The average sales price for units in 970 Burbank Road is $0 currently.

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