NOT LISTED FOR SALE

5039 Richard St Indianapolis, IN 46221

Valley Mills Neighborhood

Estimated Value: $360,000 - $527,000

3 Beds
4 Baths
3,088 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $440,000 $142 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,691/month

63 Days on Market

Highlights

  • Multiple Garages
  • Mature Trees
  • No HOA
  • 1.56 Acre Lot
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of April 2023

Beautiful big all-brick custom ranch home. Gorgeous trim, deluxe master suite, and convenient home office. Full finished basement with wet bar and huge laundry/craft room. Large fully finished, heated 1500 SF 2nd garage building, with bathroom & kitchenette, feels like a recreation center and would be a great place for a home-based business. 3rd garage 676 SF offers many options and there is ample space for parking multiple vehicles. House sits majestically off the road on 1.56 acres in a quiet neighborhood.

Last Agent to Sell the Property

Jeneene West

Jeneene West Realty, LLC License #RB14038544 Listed on: 01/02/2023

Co-Listed By

Gregg West

Jeneene West Realty, LLC License #RB14034645

Last Buyer's Agent

Alison Fernandez

The Stewart Home Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,072

Year Built

  • Built in 1992

Lot Details

  • 1.56 Acre Lot
  • Mature Trees

Parking

  • 4 Car Garage
  • Multiple Garages
  • Workshop in Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Tray Ceiling
  • Thermal Windows
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Sump Pump with Backup
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cottage Park On The River Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 491406104024000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,072

Year Built

Built in 1992

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1992
  • Building Area Total: 3204
  • Co List Office Phone: 317-856-4719
  • Garage Y N: Yes
  • Lot Size Acres: 1.56
  • Subdivision Name: Cottage Park On The River
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.JWestRealty.com
  • MBR_AttributionContact: jwest@jwestrealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Sump Pump w/Backup
  • Appliances: Dishwasher, Electric Oven, Refrigerator, MicroHood, Electric Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1036
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Tray Ceiling(s), Windows Thermal, Breakfast Bar, Pantry
  • Living Area: 3088
  • Main Level Bedrooms: 3
  • Areas Interior: Living Room Formal
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2052
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage
  • Fencing: Partial
  • Foundation Details: Concrete Perimeter
  • List Price: 440000
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Asphalt, Attached, Detached, Garage Door Opener, Rear/Side Entry, Workshop in Garage
  • Garage Parking Description: Multiple Garages
  • Garage Parking Other: Finished Garage,Service Door
  • Garage Sq Ft: 528

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: In Basement
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Suburb, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 67954
  • Parcel Number: 491406104024000200
  • Acres: 1-3 Acres
  • Price Acre: 282051.282051282

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3072
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1536
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Apr 5, 2023
Sold by
Freund Katherine
Bought by
Rhodes Kristy and Rhodes Kenneth
Seller's Agent
Jeneene West
Jeneene West Realty, LLC
Buyer's Agent
Alison Fernandez
The Stewart Home Group
List Price
$440,000
Sold Price
$440,000
Views
119
Current Estimated Value
$449,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,352
Avg. Annual Appreciation
0.84%
Original Mortgage
$308,000
Outstanding Balance
$299,518
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$149,834
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
Rhodes Kristy $440,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhodes Kristy $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $440,000 0.0% $142 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $440,000 0.0% $142 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $440,000 -4.3% $142 / Sq Ft
01/02/2023 01/02/23 For Sale $460,000 -- $149 / 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 $3,786 $408,000 $26,800 $381,200
2023 $3,786 $244,200 $26,800 $217,400
2022 $3,643 $227,400 $26,800 $200,600
2021 $3,451 $214,400 $26,800 $187,600
2020 $3,048 $214,400 $26,800 $187,600
2019 $2,826 $173,900 $26,800 $147,100
2018 $2,643 $163,600 $26,800 $136,800
2017 $2,458 $155,000 $26,800 $128,200
2016 $2,268 $142,800 $26,800 $116,000
2014 $1,827 $135,200 $26,800 $108,400
2013 $1,670 $135,200 $26,800 $108,400
Source: Public Records

Agents Affiliated with this Home

  • Jeneene West

    Seller's Agent in 2023

    Jeneene West

    Jeneene West Realty, LLC

    (317) 856-4719

    88 in this area

    461 Total Sales

    Jeneene West
    Section Image
  • Gregg West

    Seller Co-Listing Agent in 2023

    Gregg West

    Jeneene West Realty, LLC

    (317) 374-1507

    79 in this area

    309 Total Sales

    Gregg West
    Section Image

  • A

    Buyer's Agent in 2023

    Alison Fernandez

    The Stewart Home Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21898505

MIBOR Broker Listing Cooperative®

APN: 49-14-06-104-024.000-200

Indiana Marion County Indianapolis 46221 Valley Mills

5039 Richard St, Indianapolis, IN

This home is located at 5039 Richard St, Indianapolis, IN 46221 since 02 January 2023 and is currently estimated at $449,352, approximately $145 per square foot. This property was built in 1992. 5039 Richard St is a home located in Marion County with nearby schools including Stephen Decatur 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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