501 INDIAN AVE
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Location
501 INDIAN AVE
Map/Block/Lot/Unit
129/ / 167/ /
Acct#
200400439
Owner
VETER ET NOVA TRUST
Total Market Value
$8,665,400
Appraisal
$8,665,400
PID
5853
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$3,005,400$5,660,000$8,665,400
Assessment
Valuation YearImprovementsLandTotal
2023$3,005,400$5,660,000$8,665,400

Owner of Record
OwnerVETER ET NOVA TRUST
Co-Owner
AddressATTN: MARY TEIXEIRA
PO BOX 656
NEWPORT, RI 02840
Sale Price$0
Certificate
Book & Page 0807/0164
Sale Date11/05/2003
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
VETER ET NOVA TRUST$0 0807/01640011/05/2003
CRAIG GRENVILLE & SANDRA$0 0404/0205UK08/26/1996
TIVERTON TRADING CO$2,250,000 0264/0266UK12/22/1991

Building Information
Building 1 : Section 1
Year Built: 1920
Living Area: 10,628
Replacement Cost: $4,824,405
Building Percent Good: 62
Replacement Cost
Less Depreciation:
$2,991,100
Building Attributes
FieldDescription
Style:Estate
ModelResidential
Grade:Very Good
Stories:1.75
Occupancy1
Exterior Wall 1Stone/Masonry
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverSlate
Interior Wall 1Cust Wd Panel
Interior Wall 2K PINE/A WD
Interior Flr 1Hardwood
Interior Flr 2 
Heat FuelOil
Heat Type:Hot Water
AC Type:Central
Total Bedrooms:8 Bedrooms
Total Bthrms:5
Total Half Baths:1
Total Xtra Fixtrs:2
Total Rooms:14 Rooms
Bath Style:Modern
Kitchen Style:Modern
CON2 
CON1 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
TQSThree Quarter Story 6,620 5,627
BASFirst Floor 4,956 4,956
FUSUpper Story, Finished 45 45
FEPPorch, Enclosed, Finished 448 0
FGRGarage, Frame, Attached 816 0
FOPPorch, Open, Finished 448 0
PTOPatio 2,588 0
UATAttic, Unfinished 5,246 0
UBMBasement, Unfinished 5,724 0
   26,891 10,628

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELEELEVATOR-XSTP1.00 UNITS$3,0001
XKITEXTRA KITCHEN1.00 UNITS$3,1001

Land
Land Use
Use Code1010
DescriptionSingle Fam MDL-01  
ZoneR60
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)4.8
Frontage0
Depth0
Total Market Land$5,660,000
Appraised Value$5,660,000

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
FGR1GARAGE-AVE682.00 S.F.$8,2001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$3,005,400$5,660,000$8,665,400
2024$3,005,400$5,660,000$8,665,400

Assessment
Valuation YearImprovementsLandTotal
2025$3,005,400$5,660,000$8,665,400
2024$3,005,400$5,660,000$8,665,400

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