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2837 Caroline Avenue

2837 Caroline Avenue, Indianapolis, IN 46218
Property in Oakhill
Sold Aug 21, 2020
$73,000
$95,000 by Fairway Independent Mortgage C
Mortgage Due May 01, 2052
Sold Apr 25, 2018
$30,000
2837 Caroline Avenue 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 1962 and is 62 years old. However, we must point out that the home was most recently renovated and altered in 2004. The home has a total of 6 rooms. 3 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, 2837 Caroline Avenue has 1,272 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,290 ft and across the front of the lot is 540 ft. The area measurement of the land has been determined as 6,970 square feet.

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 576 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central 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. 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, 2837 Caroline Avenue sold most recently in Aug 20, 2020 for a total of $73,000. If you work out the math, that's approximately a cost of $57.39 per sqft. Before that, the property was also sold for $30,000 in Apr 19, 2018. 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 $1,125 in taxes each year. 2837 Caroline Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $97,800. If we break it down further, the land itself was valued at $8,500. Improvements to the property, however, were assessed at a total of $89,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1962
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SANGSTER HARRISON & COS OAK HILL ADD
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SANGSTER HARRISON & CO OAK HILL 34.9FT N SIDEL9 & 19.3FT S SIDE L10 B22

Ownership

  • Current Owner : BELL KENTE
  • Previous Owner : MILLER DOREEN L
  • Owner Before Previous Owner: CONNER RANDELL E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 351900

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2229-B5
  • District: 0001
  • Section: 300
  • Parcel: 49-07-30-114-513.000-101
  • Lot: 10
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.8082
  • Longitude: -86.1248

    Address

  • Full Address: 2837 Caroline Ave
  • Address - House Number: 2837
  • Address - Street Name: Caroline
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C012
  • 4-Digit Zip Code: 2712
  • Zip Code: 46218

Valuation

    Tax

  • Total Area: 1,272
  • Tax Year: 2022
  • Tax Amount: $1,125
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 149,666
  • High Value: 187,830
  • Low Value: 111,503

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 28, 2022
  • First Open Lien Mortgage Loan Amount: $95,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $97,800
  • Market Land Value: $8,500
  • Market Improvement Value: $89,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,800
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $89,300

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Transaction ID: 11788170974
  • Current Sale Price: $73,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000091589
  • Previous Sale Recording Date: Apr 25, 2018
  • Previous Sale Contract Date: Apr 19, 2018
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Aug 21, 2020
  • First Mortgage Loan Amount: $70,563
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Martindale - Brightwood



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Frequently Asked Questions

What neighborhood is 2837 Caroline Avenue located in?
The 2837 Caroline Avenue is a located in the neighborhood of Oakhill in Martindale - Brightwood, Indianapolis.
What is the average sales price for listings in 2837 Caroline Avenue?
The average sales price for units in 2837 Caroline Avenue is $0 currently.

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