NOT LISTED FOR SALE

5 E 71st St Indianapolis, IN 46220

Arden Neighborhood

Estimated Value: $4,328,000 - $5,513,071

8 Beds
16 Baths
21,075 Sq Ft
$233/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $3,244,500 $154 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $35,402/month

287 Days on Market

Highlights

  • Guest House
  • Tennis Courts
  • Gated Parking
  • North Central High School Rated A-
  • Pool House
  • Updated Kitchen

About This Home

As of April 2024

Set behind large double gates on 2.8+ acres in the heart of Meridian Hills, this prominent estate was designed for exquisite living and entertaining on a grand scale. The lushly landscaped grounds boast formal gardens, swimming pool/spa, cabana, tennis court, gazebo, private guest apartment, and multiple garages for 9 cars. The grand foyer with sun-washed atrium welcomes guests to this sprawling, 8-bedroom estate which also features an elegantly appointed great room with wet bar, hand carved limestone fplc and French doors to the pool, a gourmet kitchen and separate catering kitchen, sophisticated library, totally private primary suite with sitting room and his/hers baths, home office, wine cellar and more! Too many features to list...

Last Agent to Sell the Property

Bif Ward

F.C. Tucker Company Brokerage Email: bif@talktotucker.com License #RB14008792 Listed on: 05/02/2023

F.C. Tucker Company

Last Buyer's Agent

Timeko Whitaker

F.C. Tucker Company License #RB18002040

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 2.84 Acre Lot
  • Sprinkler System
  • Mature Trees
  • Additional Parcels

Parking

  • 4 Car Attached Garage
  • Gated Parking
  • Paver Block
  • Guest Parking

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Bar Fridge
  • Entrance Foyer
  • Great Room with Fireplace
  • 4 Fireplaces
  • Separate Formal Living Room
  • Formal Dining Room
  • Den with Fireplace
  • Wood Flooring
  • Laundry on upper level

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Basement

  • Fireplace in Basement
  • Laundry in Basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Pool House
  • Tennis Courts
  • Screened Patio
  • Outdoor Water Feature
  • Gazebo

Additional Features

  • Guest House
  • Dual Heating Fuel

Listing and Financial Details

  • Tax Lot L1, L2, L10
  • Assessor Parcel Number 490335106001000820

Community Details

Overview

  • No Home Owners Association
  • Meridian Hills Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Tudor
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1940
  • Building Area Total: 21634
  • Garage Y N: Yes
  • Lot Size Acres: 2.84
  • Subdivision Name: Meridian Hills
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: bif@talktotucker.com
  • Attribution Contact: bif@talktotucker.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Appliances: Gas Cooktop, Dishwasher, Double Oven, Refrigerator, Bar Fridge, Ice Maker, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 11
  • Half Bathrooms: 5
  • Total Bathrooms: 16
  • Total Bedrooms: 8
  • Below Grade Sq Ft: 4100
  • Fireplace Features: Basement, Den/Library Fireplace, Great Room, Primary Bedroom
  • Fireplaces: 4
  • Interior Amenities: Built In Book Shelves, Elevator, Entrance Foyer, Hardwood Floors, In-Law Arrangement, Eat-in Kitchen, Walk-in Closet(s), Wet Bar
  • Living Area: 21075
  • Other Equipment: Security Alarm Paid, Smoke Alarm
  • Areas Interior: Living Room Formal
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 7669
  • Basement Half Bathrooms: 2
  • Main Half Bathrooms: 3
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 9306
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 4

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Carriage/Guest House, Pool House, Sprinkler System, Tennis Court(s), Water Feature Fountain
  • Fencing: Fence Complete
  • Foundation Details: Block
  • List Price: 3950000
  • Patio And Porch Features: Gazebo, Open Patio, Screened

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Asphalt, Paver Block, Gated, Guest Parking

Utilities

  • Cooling: Central Electric
  • Heating: Dual
  • Laundry Features: Upper Level, In Basement
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Not In Subdivision, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels Description: L11, L3
  • Additional Parcels: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 75600
  • Parcel Number: 490335106001000820
  • Acres: 1-3 Acres
  • Price Acre: 1142430

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 111804
  • Tax Lot: L1, L2, L10
  • Semi Annual Property Tax Amt: 55902
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Apr 18, 2024
Sold by
Indiana Univer Foundation Inc
Bought by
Siegel Max L and Siegel Jennifer
Seller's Agent
Bif Ward
F.C. Tucker Company
Buyer's Agent
Timeko Whitaker
F.C. Tucker Company
List Price
$4,750,000
Sold Price
$3,244,500
Premium/Discount to List
-$1,505,500
-31.69%
Views
3580
Current Estimated Value
$4,920,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,676,036
Avg. Annual Appreciation
18.08%
Original Mortgage
$150,000
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 2, 2010
Sold by
Tobias Randall L
Bought by
Indiana University Foundation

Purchase Details

Closed on
May 26, 2009
Sold by
Tobias Marianne W
Bought by
Tobias Randall L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Siegel Max L $324,450 None Listed On Document
Indiana University Foundation -- None Available
Tobias Randall L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siegel Max L $300,000
Closed Siegel Max L $150,000
Open Siegel Max L $972,374
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $3,244,500 -17.9% $154 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
09/05/2023 09/05/23 Price Changed $3,950,000 -7.1% $187 / Sq Ft
07/07/2023 07/07/23 Price Changed $4,250,000 -10.5% $202 / Sq Ft
05/02/2023 05/02/23 For Sale $4,750,000 -- $225 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $103,105 $4,195,400 $221,900 $3,973,500
2023 $103,105 $3,914,800 $221,900 $3,692,900
2022 $108,559 $4,170,600 $221,900 $3,948,700
2021 $95,226 $3,600,800 $128,600 $3,472,200
2020 $98,301 $3,923,000 $128,600 $3,794,400
2019 $79,894 $3,385,400 $128,600 $3,256,800
2018 $80,492 $3,488,400 $128,600 $3,359,800
2017 $75,697 $3,317,500 $128,600 $3,188,900
2016 $70,842 $3,315,400 $128,600 $3,186,800
2014 $75,006 $3,598,000 $128,600 $3,469,400
2013 $26,540 $2,827,000 $128,600 $2,698,400
Source: Public Records

Agents Affiliated with this Home

  • Bif Ward

    Seller's Agent in 2024

    Bif Ward

    F.C. Tucker Company

    (317) 590-7871

    5 in this area

    481 Total Sales

    Section Image
  • Timeko Whitaker

    Buyer's Agent in 2024

    Timeko Whitaker

    F.C. Tucker Company

    (317) 710-9533

    1 in this area

    348 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21918040

MIBOR Broker Listing Cooperative®

APN: 49-03-35-106-001.000-820

Indiana Marion County Indianapolis 46220 Arden

5 E 71st St, Indianapolis, IN

This home is located at 5 E 71st St, Indianapolis, IN 46220 since 02 May 2023 and is currently estimated at $4,920,536, approximately $233 per square foot. This property was built in 1940. 5 E 71st St is a home located in Marion County with nearby schools including Fox Hill Elementary School, Northview Middle School, and North Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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