NOT LISTED FOR SALE

5027 Reeder St Indianapolis, IN 46203

Near Southeast Neighborhood

Estimated Value: $138,000 - $185,000

3 Beds
1.5 Baths
1,308 Sq Ft
$126/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $149,000 $114 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $984/month

131 Days on Market

Highlights

  • Deck
  • No HOA
  • Thermal Windows
  • Separate Formal Living Room
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of May 2023

Great, move-in ready, rehabbed, 3 BR / 1.5 bath home close to downtown Indianapolis perfect for an investor or a new family! The home features three bedrooms, 1.5 baths and a large attached garage, large front porch, fenced back yard with mini-barn and privacy with a set back location off Reeder Street. Lots of recent updates including a NEW ROOF, fresh paint inside and out, NEW A/C and FURNACE systems, upgraded electrical and added outlets throughout the home, all new flooring, carpeting and padding throughout, 3 new windows and a resurfaced garage floor.

Last Agent to Sell the Property

Meighan Wise

Keller Williams Indpls Metro N License #RB14047813 Listed on: 12/07/2022

Keller Williams Indpls Metro N

Co-Listed By

Andrew Sullivan

Keller Williams Indpls Metro N License #RB20000430

Last Buyer's Agent

Natalie Lyons

Best Life Realty Group

Best Life Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 1938

Lot Details

  • 50 Sq Ft Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Thermal Windows
  • Window Screens
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Days Southeastern Subdivision

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 491016112051000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,036

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1938
  • Building Area Total: 1308
  • Co List Office Phone: 317-595-2100
  • Garage Y N: Yes
  • Lot Size Acres: 0.21
  • Subdivision Name: Days Southeastern
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: meighanwise@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Water Heater, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Handicap Accessible Interior, Hi-Speed Internet Availbl, Eat-in Kitchen, Programmable Thermostat, Screens Complete, Storms Complete, Windows Thermal, Wood Work Stained
  • Living Area: 1308
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Areas Interior: Living Room Formal
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1088
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 220
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Barn Mini, Exterior Handicap Accessible
  • Fencing: Fence Full Rear, Partial
  • Foundation Details: Block
  • List Price: 159500
  • Patio And Porch Features: Deck Main Level, Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached
  • Garage Parking Other: Finished Garage

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Storm Sewer, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 50
  • Parcel Number: 491016112051000101
  • Acres: <1/4 Acre
  • Price Acre: 709523.80952381

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2036
  • Tax Lot: 58
  • Semi Annual Property Tax Amt: 1018
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2013
Sold by
Cossner Creek Properties Llc
Bought by
Camino Investment Llc
Current Estimated Value
$164,514

Purchase Details

Closed on
Apr 9, 2013
Sold by
Adams Aif Aaron
Bought by
Paul N Glasser Manager

Purchase Details

Closed on
Nov 2, 2012
Sold by
Runyon E Shirley G E and Runyon Sheriff
Bought by
Cossner Creek Properties Llc

Purchase Details

Closed on
Oct 17, 2012
Sold by
Layton John R
Bought by
Cossner Creek Properties Llc

Purchase Details

Closed on
May 24, 2006
Sold by
Pate Barbara
Bought by
Runyon Shirley G and Brummett George D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,345
Interest Rate
6.62%
Mortgage Type
FHA
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
Camino Investment Llc -- --
Paul N Glasser Manager $30,000 --
Cossner Creek Properties Llc -- --
Cossner Creek Properties Llc $15,000 --
Runyon Shirley G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Runyon Shirley G $67,345
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $149,000 -6.6% $114 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $159,500 +7.0% $122 / Sq Ft
04/06/2023 04/06/23 Off Market $149,000 -- --
04/04/2023 04/04/23 Price Changed $159,500 -3.3% $122 / Sq Ft
02/28/2023 02/28/23 Price Changed $164,950 -3.0% $126 / Sq Ft
01/26/2023 01/26/23 Price Changed $170,000 -2.9% $130 / Sq Ft
12/07/2022 12/07/22 For Sale $175,000 -- $134 / 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 $1,336 $121,100 $11,100 $110,000
2023 $1,336 $121,100 $11,100 $110,000
2022 $3,032 $122,500 $11,100 $111,400
2021 $2,173 $88,300 $11,100 $77,200
2020 $2,071 $83,700 $11,100 $72,600
2019 $2,091 $83,100 $7,100 $76,000
2018 $1,889 $74,000 $7,100 $66,900
2017 $1,634 $71,200 $7,100 $64,100
2016 $1,525 $67,700 $7,100 $60,600
2014 $1,578 $73,000 $7,100 $65,900
2013 $1,537 $74,500 $7,100 $67,400
Source: Public Records

Agents Affiliated with this Home

  • Meighan Wise

    Seller's Agent in 2023

    Meighan Wise

    Keller Williams Indpls Metro N

    (317) 937-0134

    2 in this area

    618 Total Sales

    Meighan Wise
    Section Image
  • Andrew Sullivan

    Seller Co-Listing Agent in 2023

    Andrew Sullivan

    Keller Williams Indpls Metro N

    (310) 779-6610

    1 in this area

    76 Total Sales

    Andrew Sullivan
    Section Image

  • N

    Buyer's Agent in 2023

    Natalie Lyons

    Best Life Realty Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21896050

MIBOR Broker Listing Cooperative®

APN: 49-10-16-112-051.000-101

Indiana Marion County Indianapolis 46203 Near Southeast

5027 Reeder St, Indianapolis, IN

This home is located at 5027 Reeder St, Indianapolis, IN 46203 since 07 December 2022 and is currently estimated at $164,514, approximately $125 per square foot. This property was built in 1938. 5027 Reeder St is a home located in Marion County with nearby schools including Paul I. Miller School No. 114, Arlington Community Middle School, and Arsenal Technical 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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