NOT LISTED FOR SALE

5010 W Southport Rd Indianapolis, IN 46221

West Newton Neighborhood

Estimated Value: $401,000 - $470,000

4 Beds
2.5 Baths
4,048 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $245,000 $61 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,615/month

41 Days on Market

Highlights

  • 2 Acre Lot
  • Wood Flooring
  • Covered patio or porch
  • Living Room with Fireplace
  • Victorian Architecture
  • Formal Dining Room

About This Home

As of October 2019

Your chance to escape! This Gothic Revival farmhouse, known as the Nicholson-Rand House, offers you the perfect getaway from the hustle and bustle of the city. Prominent architectural detail, including ornate exterior carvings, an exceptional stairhall, original plaster moulding, and encaustic tile, will leave you speechless! Soaring ceilings and a truly spacious floor plan allow the home to accommodate for most any lifestyle. Looking to entertain? An impressively scaled living space opens onto a back porch that begs for late summer night cocktails! The location is ideal – close enough for last minute dinner plans Downtown, yet far enough to cultivate a proper hobby farm on an expansive plot of land!

Last Agent to Sell the Property

Joe Everhart

Everhart Studio, Ltd. License #RB14039264 Listed on: 07/29/2019

Co-Listed By

Wade Everhart

Everhart Studio, Ltd. License #RB18001554

Last Buyer's Agent

Michael Price

RE/MAX Centerstone License #RB14047065

RE/MAX Centerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,554

Year Built

  • Built in 1876

Lot Details

  • 2 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Victorian Architecture
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Wood Frame Window
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 491418103007000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,554

Year Built

Built in 1876

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1876
  • Co List Office Phone: 317-916-1052
  • Garage Y N: Yes
  • Lot Size Acres: 2
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: SeeRemarks
  • Property Description: Your chance to escape! This Gothic Revival farmhouse, known as the Nicholson-Rand House, offers you the perfect getaway from the hustle and bustle of the city. Prominent architectural detail, including ornate exterior carvings, an exceptional stairhall, original plaster moulding, and encaustic tile, will leave you speechless! Soaring ceilings and a truly spacious floor plan allow the home to accommodate for most any lifestyle. Looking to entertain? An impressively scaled living space opens onto a back porch that begs for late summer night cocktails! The location is ideal – close enough for last minute dinner plans Downtown, yet far enough to cultivate a proper hobby farm on an expansive plot of land!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Dishwasher, Dryer, Microwave, Gas Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Den/Library Fireplace, Living Room
  • Fireplaces: 2
  • Interior Amenities: Built In Book Shelves, Hardwood Floors, Windows Wood, Wood Work Painted
  • Living Area: 4048
  • Other Equipment: Smoke Detector, Sump Pump
  • Room Count: 8
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 3248
  • Main Level Sq Ft: 1624
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: See Remarks
  • Total Sq Ft: 4048
  • Kitchen Features: Pantry
  • Below Grade Sq Ft: 800
  • Upper Level Sq Ft: 1624
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage
  • Foundation Details: Block
  • List Price: 250000
  • Association Maintained Building Exterior: 0
  • Construction Stage: Resale
  • Porch: Covered Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491418103007000200
  • Acres: 1-3 Acres
  • Lot Information: Corner
  • Lot Number: 0
  • Lot Size: 87120

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1554
  • Semi Annual Property Tax Amt: 777
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Decatur Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Oct 15, 2019
Sold by
Mork Robert Gordon
Bought by
Smith Thomas G and Smith Jessica E Richardson
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Michael Price
RE/MAX Centerstone
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Total Days on Market
41
Current Estimated Value
$428,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,645
Avg. Annual Appreciation
9.53%
Original Mortgage
$196,000
Outstanding Balance
$173,959
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$235,062

Purchase Details

Closed on
Apr 14, 2012
Sold by
Mork Robert Gordon and Mork Gordon Robert
Bought by
Mork Robert Gordon and Mork Gordon Robert
Source: Public Records

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Range of Values:

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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
Smith Thomas G -- None Available
Mork Robert Gordon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Thomas G $50,000
Open Smith Thomas G $196,000
Previous Owner Mork Robert G $160,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $245,000 -2.0% $61 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $250,000 -- $62 / 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 $4,083 $380,800 $28,100 $352,700
2023 $4,083 $338,800 $28,100 $310,700
2022 $3,634 $296,700 $28,100 $268,600
2021 $6,003 $252,700 $28,100 $224,600
2020 $5,396 $235,300 $28,100 $207,200
2019 $1,847 $139,800 $28,100 $111,700
2018 $1,711 $130,000 $28,100 $101,900
2017 $1,639 $123,500 $28,100 $95,400
2016 $1,611 $121,700 $28,100 $93,600
2014 $1,444 $120,300 $28,100 $92,200
2013 $1,275 $120,300 $28,100 $92,200
Source: Public Records

Agents Affiliated with this Home

  • Joe Everhart

    Seller's Agent in 2019

    Joe Everhart

    Everhart Studio, Ltd.

    (317) 701-0479

    242 Total Sales

    Joe Everhart
    Section Image

  • W

    Seller Co-Listing Agent in 2019

    Wade Everhart

    Everhart Studio, Ltd.

  • Michael Price

    Buyer's Agent in 2019

    Michael Price

    RE/MAX Centerstone

    (317) 292-6553

    1 in this area

    394 Total Sales

    Michael Price
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21658490

MIBOR Broker Listing Cooperative®

APN: 49-14-18-103-007.000-200

Indiana Marion County Indianapolis 46221 West Newton

5010 W Southport Rd, Indianapolis, IN

This home is located at 5010 W Southport Rd, Indianapolis, IN 46221 since 29 July 2019 and is currently estimated at $428,645, approximately $105 per square foot. This property was built in 1876. 5010 W Southport Rd is a home located in Marion County with nearby schools including West Newton 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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