NOT LISTED FOR SALE

5005 Lucas Ln Indianapolis, IN 46221

Valley Mills Neighborhood

Estimated Value: $250,102 - $257,000

3 Beds
2 Baths
1,436 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $242,000 $169 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,524/month

51 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Eat-In Kitchen
  • No HOA
  • 2 Car Attached Garage
  • Shed

About This Home

As of August 2023

Welcome Home to this beautiful one story home featuring many updates! Come inside to first find sitting room with natural lighting. Open Concept living, dining, and kitchen! Kitchen features new soft close cabinets, granite countertops, and appliances. Enjoy the living room with fireplace. 3 bedrooms with New carpet installed within the last 2 years. 2 full bath rooms including primary bedroom. 2 car attached garage. Nice covered back patio with 2 sheds. Side Driveway makes for extra parking. Windows, Back Patio Slider, Front Door all replaced within the last year.

Last Agent to Sell the Property

Mercedes Shafford

Dyar Real Estate Inc License #RB17000083 Listed on: 04/28/2023

Last Buyer's Agent

Carolyn Osborne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,906

Year Built

  • Built in 1973

Lot Details

  • 0.31 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,436 Sq Ft Home
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Valley Mills Elementary School
  • Decatur Middle School
  • Decatur Central High School

Utilities

  • Forced Air Heating System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Honey Manor Subdivision

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 491301107038000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,906

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1973
  • Building Area Total: 1436
  • Garage Y N: Yes
  • Lot Size Acres: 0.31
  • Subdivision Name: Honey Manor
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: mercedes.shafford@yahoo.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Windows Vinyl
  • Living Area: 1436
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1436
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Barn Mini
  • Foundation Details: Brick
  • List Price: 249900
  • Patio And Porch Features: Covered Patio, Covered Porch
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Heat Pump
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Decatur Middle School

Lot Info

  • Property Attached Yn: No
  • Lot Size Sq Ft: 13504
  • Parcel Number: 491301107038000200
  • Acres: 1/4-1/2 Acre
  • Price Acre: 780645.161290322

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1906
  • Tax Lot: 109
  • Semi Annual Property Tax Amt: 953

MLS Schools

  • Elementary School: Valley Mills Elementary School
  • High School: Decatur Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jul 12, 2023
Sold by
Shafford Ivan G and Shafford Cynthia K
Bought by
Forbes-Phillips Kane A
Seller's Agent
Mercedes Shafford
Dyar Real Estate Inc
Buyer's Agent
Carolyn Osborne
List Price
$259,000
Sold Price
$242,000
Premium/Discount to List
-$17,000
-6.56%
Views
88
Current Estimated Value
$254,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,026
Avg. Annual Appreciation
2.21%
Original Mortgage
$234,740
Outstanding Balance
$229,057
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$24,969

Purchase Details

Listed on
Nov 17, 2020
Closed on
Dec 21, 2020
Sold by
Ivy Betty J
Bought by
Shafford Ivan G and Shafford Cynthia K
Seller's Agent
Jake Stiles
Coldwell Banker Stiles
Buyer's Agent
Jake Stiles
Coldwell Banker Stiles
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$140,000
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Forbes-Phillips Kane A $242,000 Chicago Title
Shafford Ivan G -- Mvp National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forbes-Phillips Kane A $234,740
Previous Owner Shafford Ivan G $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2023 08/10/23 Sold $242,000 -3.2% $169 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
05/29/2023 05/29/23 Price Changed $249,900 -3.5% $174 / Sq Ft
05/20/2023 05/20/23 For Sale $259,000 0.0% $180 / Sq Ft
04/28/2023 04/28/23 For Sale $259,000 +48.0% $180 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
12/21/2020 12/21/20 Sold $175,000 0.0% $122 / Sq Ft View Prior Sale
11/19/2020 11/19/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $175,000 -- $122 / 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 $2,304 $226,300 $17,900 $208,400
2023 $2,304 $195,100 $17,900 $177,200
2022 $2,186 $183,500 $17,900 $165,600
2021 $2,043 $168,000 $17,900 $150,100
2020 $1,257 $131,800 $17,900 $113,900
2019 $1,373 $125,100 $17,900 $107,200
2018 $1,457 $126,200 $17,900 $108,300
2017 $1,333 $121,200 $17,900 $103,300
2016 $1,153 $114,100 $17,900 $96,200
2014 $920 $104,700 $17,900 $86,800
2013 $843 $105,700 $17,900 $87,800
Source: Public Records

Agents Affiliated with this Home

  • Mercedes Shafford

    Seller's Agent in 2023

    Mercedes Shafford

    Dyar Real Estate Inc

    (812) 798-4681

    1 in this area

    127 Total Sales

    Mercedes Shafford
    Section Image

  • C

    Buyer's Agent in 2023

    Carolyn Osborne

    Section Image
  • Jake Stiles

    Seller's Agent in 2020

    Jake Stiles

    Coldwell Banker Stiles

    (317) 201-4092

    5 in this area

    367 Total Sales

    Jake Stiles
    Section Image
  • Autumn Stivers

    Seller Co-Listing Agent in 2020

    Autumn Stivers

    Steve Lew Real Estate Group, LLC

    (317) 985-1383

    1 in this area

    64 Total Sales

    Autumn Stivers
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21918126

MIBOR Broker Listing Cooperative®

APN: 49-13-01-107-038.000-200

Indiana Marion County Indianapolis 46221 Valley Mills

5005 Lucas Ln, Indianapolis, IN

This home is located at 5005 Lucas Ln, Indianapolis, IN 46221 since 28 April 2023 and is currently estimated at $254,026, approximately $176 per square foot. This property was built in 1973. 5005 Lucas Ln is a home located in Marion County with nearby schools including Valley Mills Elementary School, Decatur Middle School, and Decatur 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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