NOT LISTED FOR SALE

5023 N Capitol Ave Indianapolis, IN 46208

Butler-Tarkington/Rocky Ripple Neighborhood

Estimated Value: $459,000 - $473,000

4 Beds
2 Baths
2,380 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $360,000 $151 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,835/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Wood Frame Window
  • Wood Flooring
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of May 2021

Butler Tarkington is calling your name! Come & see this majestic Colonial that proves pride of ownership! Step inside to a welcoming living rm area, beautiful hardwood flooring w a functional wood burning stove! Plenty of space w a versatile addition that can be used as a 4th bdrm or more living space! A spacious kitchen has been thoughtfully updated! Other updates include new AC in 2020 & a tankless water heater! Enjoy the fresh air & character w all original & operational wooden windows! Meticulously cared for w a location perfect for bike rides to Butler's campus, Holcomb Gardens & the Canal Towpath! Walk to 56th & Illinois St. Shops, the iconic RIVI or just hang out on your back patio complete with a native Indiana flower garden!

Last Agent to Sell the Property

Jennifer Melind

Berkshire Hathaway Home License #RB14046004 Listed on: 04/08/2021

Berkshire Hathaway Home

Last Buyer's Agent

Matthew Mielke

Envoy Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1926

Lot Details

  • 6,952 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Wood Frame Window
  • Window Screens
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Wheelers Illinois Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490611124028000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,064

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1926
  • Garage Y N: Yes
  • Lot Size Acres: 0.1596
  • Subdivision Name: WHEELERS ILLINOIS HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: Butler Tarkington is calling your name! Come & see this majestic Colonial that proves pride of ownership! Step inside to a welcoming living rm area, beautiful hardwood flooring w a functional wood burning stove! Plenty of space w a versatile addition that can be used as a 4th bdrm or more living space! A spacious kitchen has been thoughtfully updated! Other updates include new AC in 2020 & a tankless water heater! Enjoy the fresh air & character w all original & operational wooden windows! Meticulously cared for w a location perfect for bike rides to Butler's campus, Holcomb Gardens & the Canal Towpath! Walk to 56th & Illinois St. Shops, the iconic RIVI or just hang out on your back patio complete with a native Indiana flower garden!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Hardwood Floors, Screens Some, Windows Wood, Wood Work Stained
  • Living Area: 2380
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Areas Interior: Living Room Formal,Laundry in Basement
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1704
  • Main Level Sq Ft: 1028
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Patio,TubFull with Shower
  • Total Sq Ft: 2380
  • Kitchen Features: Kitchen Eat In,Kitchen Updated,Pantry
  • Below Grade Sq Ft: 676
  • Upper Level Sq Ft: 676
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Partial
  • Foundation Details: Block, Crawl Space
  • List Price: 375000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 440

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Tankless

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490611124028000801
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Not In Subdivision,Tree Mature
  • Lot Number: 32
  • Lot Size: 6,952

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3064
  • Semi Annual Property Tax Amt: 1532
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 11, 2021
Sold by
Miller Richard W and Miller Ellen G
Bought by
Parcell Eric W and Parcell Megan L
Seller's Agent
Jennifer Melind
Berkshire Hathaway Home
Buyer's Agent
Matthew Mielke
Envoy Real Estate, LLC
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$465,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,539
Avg. Annual Appreciation
5.95%
Original Mortgage
$342,000
Outstanding Balance
$309,453
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$156,086
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
Parcell Eric W $360,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parcell Eric W $342,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2021 05/11/21 Sold $360,000 -4.0% $151 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $375,000 -- $158 / 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 $4,485 $372,100 $37,600 $334,500
2023 $4,485 $366,700 $37,600 $329,100
2022 $4,530 $366,700 $37,600 $329,100
2021 $3,156 $262,900 $38,800 $224,100
2020 $3,160 $261,600 $38,800 $222,800
2019 $3,162 $256,800 $38,800 $218,000
2018 $3,189 $256,800 $38,800 $218,000
2017 $2,791 $253,200 $38,800 $214,400
2016 $2,687 $249,400 $38,800 $210,600
2014 $2,643 $244,100 $38,800 $205,300
2013 $2,005 $193,400 $38,800 $154,600
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Melind

    Seller's Agent in 2021

    Jennifer Melind

    Berkshire Hathaway Home

    (317) 418-4064

    11 in this area

    164 Total Sales

    Jennifer Melind
    Section Image

  • M

    Buyer's Agent in 2021

    Matthew Mielke

    Envoy Real Estate, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21776897

MIBOR Broker Listing Cooperative®

APN: 49-06-11-124-028.000-801

Indiana Marion County Indianapolis 46208 Butler-Tarkington/Rocky Ripple

5023 N Capitol Ave, Indianapolis, IN

This home is located at 5023 N Capitol Ave, Indianapolis, IN 46208 since 08 April 2021 and is currently estimated at $465,539, approximately $195 per square foot. This property was built in 1926. 5023 N Capitol Ave is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Robert Lee Frost School 106, and Charles Warren Fairbanks School 105.

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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