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4915 Young Avenue

4915 Young Avenue, Indianapolis, IN 46201
Property in Christian Park
Sold Jul 12, 2022
Transfer
Buyer
Seller
$112,000 by American Internet Mortgage Inc
Mortgage Due May 01, 2053
Sold Jul 19, 2018
$85,000
$63,750 by Uif Corp
Mortgage Due Aug 01, 2048
4915 Young 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 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 12 rooms. 4 of these rooms are legally considered as bedrooms. The building has a total of 2 stories. In addition, 4915 Young Avenue has 2,238 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 partial basement that is 747 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 1,080 ft and across the front of the lot is 510 ft. The area measurement of the land has been determined as 5,489 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 360 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 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 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 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. Before that, the property was also sold for $85,000 in Jul 3, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,974 in taxes each year. 4915 Young Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $150,000. If we break it down further, the land itself was valued at $14,300. Improvements to the property, however, were assessed at a total of $135,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1920
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 747
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,489
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 510
  • Total Building Area: 2,985
  • Gross Building Area: 2,985
  • Building Area: 2,238
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,238
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KELLYS HOLLYWOOD ADD YOUNGS 2ND ADD UNIV
  • Land Acres: 0.126
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: KELLYS HOLLYWOOD L20

Ownership

  • Current Owner : DAY MICHAEL
  • Previous Owner : YAVUZ AYBASTI
  • Owner Before Previous Owner: BRUCE RONALD L
  • Owner Before Previous Owner 2: BRUCE HEATHER

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 355500

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2339-A4
  • District: 0001
  • Section: 9015004
  • Parcel: 49-10-09-124-018.000-101
  • Lot: 20
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7633
  • Longitude: -86.0854

    Address

  • Full Address: 4915 Young Ave
  • Address - House Number: 4915
  • Address - Street Name: Young
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 4820
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,985
  • Tax Year: 2022
  • Tax Amount: $2,974
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2577
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 209,218
  • High Value: 263,136
  • Low Value: 155,300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,000
  • First Open Lien Mortgage Lender: AMERICAN INTERNET MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 21, 2023
  • First Open Lien Mortgage Loan Amount: $112,000
  • 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, 2053

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $14,300
  • Market Improvement Value: $135,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,000
  • Assessed Land Value: $14,300
  • Assessed Improvements Value: $135,700

    Sales

  • Current Sale Contract Date: Jul 05, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Transaction ID: 11892134551
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 77869
  • Previous Sale Recording Date: Jul 19, 2018
  • Previous Sale Contract Date: Jul 03, 2018
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: UIF CORP
  • Previous Mortgage Transaction Date: Jul 19, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $63,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2048

About Near Southeast



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4915 Young Avenue located in?
The 4915 Young Avenue is a located in the neighborhood of Christian Park in Near Southeast, Indianapolis.
What is the average sales price for listings in 4915 Young Avenue?
The average sales price for units in 4915 Young Avenue is $0 currently.

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