NOT LISTED FOR SALE

5020 E 40th St Indianapolis, IN 46226

Forest Manor Neighborhood

Estimated Value: $121,000 - $179,000

3 Beds
1 Bath
2,160 Sq Ft
$71/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $68,900 $32 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $961/month

123 Days on Market

Highlights

  • 0.36 Acre Lot
  • Breakfast Room
  • Fireplace in Basement
  • Ranch Style House
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of December 2014

Must see this totally updated home with 3 bedrooms and half finished basement! All new carpet, Kitchen cabinets, appliances, fixtures, paint inside and out and mechanicals. All on a nice quiet street. Large backyard with basketball court size concrete area, fence and mature trees for privacy, large mini barn. Please leave by driving west on 40th St. to see the quality of the neighboring homes and in the area. Obviously, a lot of homeowner pride in this neighborhood.

Last Agent to Sell the Property

Julie Morton

Morton Homes Realty, Inc. License #RB14022183 Listed on: 06/13/2014

Last Buyer's Agent

William Wagnon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $622

Year Built

  • Built in 1962

Lot Details

  • 0.36 Acre Lot

Parking

  • Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Dryvit Stucco

Interior Spaces

  • 2,160 Sq Ft Home
  • Woodwork
  • Electric Fireplace
  • Breakfast Room
  • Finished Basement
  • Fireplace in Basement
  • Fire and Smoke Detector
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Stone Crest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490716107053000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$622

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1962
  • Garage Y N: Yes
  • Lot Size Acres: 0.36
  • Subdivision Name: STONE CREST
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: Must see this totally updated home with 3 bedrooms and half finished basement! All new carpet, Kitchen cabinets, appliances, fixtures, paint inside and out and mechanicals. All on a nice quiet street. Large backyard with basketball court size concrete area, fence and mature trees for privacy, large mini barn. Please leave by driving west on 40th St. to see the quality of the neighboring homes and in the area. Obviously, a lot of homeowner pride in this neighborhood.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Electric
  • Fireplaces: 1
  • Interior Amenities: WoodWorkStain/Painted
  • Living Area: 2160
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1080
  • Main Level Sq Ft: 1080
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2160
  • Below Grade Sq Ft: 1080
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Dryvit
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 69900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490716107053000801
  • Acres: <1/4 Acre
  • Lot Number: 69
  • Lot Size: 80X200

Tax Info

  • Tax Annual Amount: 622
  • Semi Annual Property Tax Amt: 311
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2014
Closed on
Dec 19, 2014
Sold by
Accord Properties Llc
Bought by
Mccauley Robin
Seller's Agent
Julie Morton
Morton Homes Realty, Inc.
Buyer's Agent
William Wagnon
List Price
$69,900
Sold Price
$68,900
Premium/Discount to List
-$1,000
-1.43%
Current Estimated Value
$156,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,865
Avg. Annual Appreciation
7.74%
Original Mortgage
$53,900
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2014
Closed on
Apr 23, 2014
Sold by
Jones Sylvia M
Bought by
Accord Properties Llc
Seller's Agent
Brian Wayman
CENTURY 21 Scheetz
Buyer's Agent
Brian Wayman
CENTURY 21 Scheetz
List Price
$49,900
Sold Price
$48,500
Premium/Discount to List
-$1,400
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.23%

Purchase Details

Closed on
Nov 5, 2013
Sold by
Sylvia Jones Revocable Trust
Bought by
Jones Sylvia M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mccauley Robin -- Chicago Title Company Llc
Accord Properties Llc -- Attorneys Title Agency Of In
Jones Sylvia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccauley Robin $35,000
Closed Mccauley Robin $53,900
Closed Mccauley Robin $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $68,900 -1.4% $32 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $69,900 +44.1% $32 / Sq Ft
04/23/2014 04/23/14 Sold $48,500 -16.2% $22 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
03/19/2014 03/19/14 Price Changed $57,900 +16.0% $27 / Sq Ft
03/18/2014 03/18/14 For Sale $49,900 -- $23 / 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 $1,359 $121,400 $12,200 $109,200
2023 $1,359 $121,400 $12,200 $109,200
2022 $1,396 $119,700 $12,200 $107,500
2021 $1,405 $111,400 $12,200 $99,200
2020 $1,051 $93,100 $5,200 $87,900
2019 $894 $84,300 $5,200 $79,100
2018 $930 $85,100 $5,200 $79,900
2017 $837 $86,300 $5,200 $81,100
2016 $697 $81,400 $5,200 $76,200
2014 $869 $92,800 $5,200 $87,600
2013 $874 $92,800 $5,200 $87,600
Source: Public Records

Agents Affiliated with this Home

  • Julie Morton

    Seller's Agent in 2014

    Julie Morton

    Morton Homes Realty, Inc.

    (317) 714-8716

    55 Total Sales

    Julie Morton
    Section Image
  • Brian Wayman

    Seller's Agent in 2014

    Brian Wayman

    CENTURY 21 Scheetz

    (317) 514-6544

    3 in this area

    164 Total Sales

    Brian Wayman
    Section Image
  • David Short

    Seller Co-Listing Agent in 2014

    David Short

    CENTURY 21 Scheetz

    (317) 705-2500

    61 Total Sales

    David Short
    Section Image

  • W

    Buyer's Agent in 2014

    William Wagnon

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21297900

MIBOR Broker Listing Cooperative®

APN: 49-07-16-107-053.000-801

Indiana Marion County Indianapolis 46226 Forest Manor

5020 E 40th St, Indianapolis, IN

This home is located at 5020 E 40th St, Indianapolis, IN 46226 since 13 June 2014 and is currently estimated at $153,393, approximately $71 per square foot. This property was built in 1962. 5020 E 40th St is a home located in Marion County with nearby schools including Robert Lee Frost School 106, James Whitcomb Riley School 43, and Phalen Leadership Academy 93.

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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