NOT LISTED FOR SALE

5026 Madison Ave Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $193,000 - $283,000

3 Beds
1.5 Baths
2,362 Sq Ft
$96/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2020

Last sale price $160,000 $68 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,326 / mo

9 Days on Market

Highlights

  • 1.09 Acre Lot
  • Wood Flooring
  • Walk-In Closet
  • Arts and Crafts Architecture
  • Woodwork
  • 1-Story Property

About This Home

As of January 2020

Early 20th Century - Craftsman Style/Bungalow REMODEL. 1+ acre lot. Perry Township. 2200 sq ft, 2 Bed/1.5 Bath w Fireplace & Full Walkout Basement. NEW in 2019: Kitchen, Flooring (carpet, vinyl), Bathrooms, Countertops/Cabinets, SS Appliances, Granite Center Island & Granite Sink, H2O Htr, Furnace/AC, Roof, LED Lights, Paint, Windows, Washer/Dryer. No stone unturned. Also featuring: tree-lined, fenced backyard, creek on property, 10x14 Covered Porch, Huge Wrap-around Patio. Lots of Parking. Unfin. Bsmt w/ 20x12 Workshop & rooms w lots of potential & storing w/ private entrance. LIVING RM: Original Hardwoods, Working WoodFP. Spacious Eat-In KITCHEN w UpgradeCounters & BRKFST Rm. Main Level LNDRY. Jack & Jill Bath. YOU HAVE TO SEE THIS ONE.

Last Agent to Sell the Property

Jeff Paxson

Jeff Paxson Team License #RB14044826 Listed on: 12/13/2019

Last Buyer's Agent

Kyle Morris

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1921

Lot Details

  • 1.09 Acre Lot
  • Back Yard Fenced

Parking

  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture
  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Dryvit Stucco

Interior Spaces

  • 2,362 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • Energy-Efficient Lighting

Utilities

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

Community Details

  • Turks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491506114001000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,512

Year Built

Built in 1921

Lot Details

1.09 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts&Crafts/Craftsman, Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1921
  • Garage Y N: No
  • Green Energy Efficient: Lighting
  • Lot Size Acres: 1.091
  • Subdivision Name: TURKS
  • Inspection Warranties: Not Applicable
  • Property Description: Early 20th Century - Craftsman Style/Bungalow REMODEL. 1+ acre lot. Perry Township. 2200 sq ft, 2 Bed/1.5 Bath w Fireplace & Full Walkout Basement. NEW in 2019: Kitchen, Flooring (carpet, vinyl), Bathrooms, Countertops/Cabinets, SS Appliances, Granite Center Island & Granite Sink, H2O Htr, Furnace/AC, Roof, LED Lights, Paint, Windows, Washer/Dryer. No stone unturned. Also featuring: tree-lined, fenced backyard, creek on property, 10x14 Covered Porch, Huge Wrap-around Patio. Lots of Parking. Unfin. Bsmt w/ 20x12 Workshop & rooms w lots of potential & storing w/ private entrance. LIVING RM: Original Hardwoods, Working WoodFP. Spacious Eat-In KITCHEN w UpgradeCounters & BRKFST Rm. Main Level LNDRY. Jack & Jill Bath. YOU HAVE TO SEE THIS ONE.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Disposal, LndryCnUnt, MicroHood, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors, Windows Vinyl, Wood Work Painted
  • Living Area: 2362
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Areas Interior: Bath Jack-n-Jill,Foyer Small,Laundry Room Main Level
  • Eating Area: Breakfast Room,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1181
  • Main Level Sq Ft: 1181
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in
  • Total Sq Ft: 2362
  • Kitchen Features: Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 1181
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick, Dryvit
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Full Rear
  • Foundation Details: Block, Full
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None
  • Garage Parking Other: Courtyard Load Garage,Rear Load Garage,Side Load Garage,Storage Area

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: 491506114001000500
  • Acres: 1-3 Acres
  • Lot Information: Creek On Property,Not In Subdivision,Tree Mature
  • Lot Number: 2
  • Lot Size: 47524

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2512
  • Semi Annual Property Tax Amt: 1256
  • Tax Exemption: None
  • Multiple Tax I D: 491506114014000500

MLS Schools

  • School District: Perry Township

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2019
Closed on
Jan 21, 2020
Sold by
Bought by
Seller's Agent
Jeff Paxson
Jeff Paxson Team
Buyer's Agent
Kyle Morris
F.C. Tucker Company
List Price
$164,900
Sold Price
$160,000
Premium/Discount to List
-$4,900
-2.97%
Current Estimated Value
$226,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,717
Avg. Annual Appreciation
5.56%

Purchase Details

Listed on
May 30, 2017
Closed on
Sep 28, 2017
Sold by
Bought by
Seller's Agent
Chad Mann
Buyer's Agent
Chad Mann
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$160,000 Security Title
$80,000 --
$80,000 Royal Title Services
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2020 01/31/20 Sold $160,000 -3.0% $68 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
12/12/2019 12/12/19 For Sale $164,900 +106.1% $70 / Sq Ft
09/28/2017 09/28/17 Sold $80,000 0.0% $34 / Sq Ft View Prior Sale
08/21/2017 08/21/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $80,000 -- $34 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,304 $196,400 $22,500 $173,900
2024 $1,517 $186,200 $22,500 $163,700
2023 $1,517 $190,300 $22,500 $167,800
2022 $1,452 $173,500 $22,500 $151,000
2021 $1,139 $152,500 $22,500 $130,000
2020 $230 $106,100 $21,400 $84,700
2019 $2,130 $74,700 $17,000 $57,700
2018 $2,070 $73,200 $17,000 $56,200
2017 $3,634 $104,100 $17,000 $87,100
2016 $2,850 $102,400 $17,000 $85,400
2014 $2,479 $100,600 $17,000 $83,600
2013 $2,503 $100,600 $17,000 $83,600
Source: Public Records

Agents Affiliated with this Home

  • Jeff Paxson

    Seller's Agent in 2020

    Jeff Paxson

    Jeff Paxson Team

    (317) 883-2121

    7 in this area

    426 Total Sales

    Jeff Paxson
    Section Image

  • K

    Buyer's Agent in 2020

    Kyle Morris

    F.C. Tucker Company

    Section Image

  • C

    Seller's Agent in 2017

    Chad Mann

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21685998

MIBOR Broker Listing Cooperative®

APN: 49-15-06-114-001.000-500

Indiana Marion County Indianapolis 46227 Edgewood

5026 Madison Ave, Indianapolis, IN

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MIBOR Broker Listing Cooperative® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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