NOT LISTED FOR SALE

5040 W 15th St Indianapolis, IN 46224

Estimated Value: $230,667 - $280,000

3 Beds
1.5 Baths
1,325 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $205,000 $155 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,657/month

8 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Covered patio or porch
  • Speedway Junior High School Rated A
  • No HOA
  • 1 Car Detached Garage

About This Home

As of June 2022

LOCATION, LOCATION & LOCATION!!! YES, the 3 most important words in real estate. Charming 1930 Craftsman Bungalow within walking distance to the heart of Speeday's Main St & IMS. Main level consists of Living Rm, Dining Rm, Kitchen, Master Suite & 2 Bdrms. Hardwood Floors throughtout, Original Trim & Doors & much more. Partial Lower Level provides a workshop/laundry area with an abundance of storage. Fenced yard, 1 CAR GAR, & Concrete Patio.

Last Agent to Sell the Property

Joel McWaters

Berkshire Hathaway Home Brokerage Email: jmcwaters@bhhsIN.com License #RB14041764 Listed on: 05/10/2022

Berkshire Hathaway Home

Co-Listed By

Jessica Wells

Berkshire Hathaway Home Brokerage Email: jmcwaters@bhhsIN.com License #RB21001380

Last Buyer's Agent

Denis O'Brien

Keller Williams Indy Metro S License #RB14047311

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1930

Lot Details

  • 8,712

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Window Screens
  • Entrance Foyer
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Schools

  • Carl G Fisher Elementary School 1
  • Speedway Junior High School
  • Speedway Senior High School

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • 8,712 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Town Of Speedway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490631115012000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1930
  • Building Area Total: 1908
  • Co List Office Phone: 317-595-2100
  • Garage Y N: Yes
  • Lot Size Acres: 0.2
  • Subdivision Name: Town Of Speedway
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: https://www.speedwayin.gov/
  • Accessibility Features YN: No
  • F H A Certified: No
  • Website: https://www.indianapolismotorspeedway.com/
  • MBR_AttributionContact: jmcwaters@bhhsIN.com
  • Active Open House Count: 0
  • Attribution Contact: jmcwaters@bhhsIN.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Appliances: Disposal, Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 87
  • Interior Amenities: Hardwood Floors, Screens Complete, WoodWorkStain/Painted, Entrance Foyer
  • Living Area: 1325
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1238
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Galley
  • Upper Level Sq Ft: 0
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Partial
  • Foundation Details: Block
  • List Price: 195000
  • Patio And Porch Features: Open Patio, Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, Detached, Garage Door Opener
  • Garage Parking Other: Service Door
  • Garage Sq Ft: 360

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Speedway Junior High School

Lot Info

  • Lot Features: Curbs, Sidewalks, Street Lights, Not In Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 8712
  • Parcel Number: 490631115012000914
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1500
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 750
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

MLS Schools

  • Elementary School: Carl G Fisher Elementary School 1
  • High School: Speedway Senior High School
  • Schools: CARL G FISHER ELEMENTARY,SPEEDWAY HIGH,SPEEDWAY MIDDLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
L And L Capital Investments Llc
Bought by
Hardwick Ben and Hardwick Emily
Current Estimated Value
$251,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Outstanding Balance
$180,726
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$55,124

Purchase Details

Closed on
Aug 16, 2022
Sold by
Stroud Candace A
Bought by
I And I Capital Investments Llc

Purchase Details

Listed on
May 10, 2022
Closed on
Jul 13, 2022
Sold by
Stroud Candace A
Bought by
L And L Capital Investments Llc
Seller's Agent
Joel McWaters
Berkshire Hathaway Home
Buyer's Agent
Denis O'Brien
Keller Williams Indy Metro S
List Price
$195,000
Sold Price
$205,000
Premium/Discount to List
$10,000
5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 9, 2022
Sold by
Stroud Candace A
Bought by
L And L Capital Investments Llc
Seller's Agent
Joel McWaters
Berkshire Hathaway Home
Buyer's Agent
Denis O'Brien
Keller Williams Indy Metro S
List Price
$195,000
Sold Price
$205,000
Premium/Discount to List
$10,000
5.13%

Purchase Details

Listed on
May 10, 2022
Closed on
May 17, 2022
Sold by
Stroud Marion R
Bought by
Hartley Rodney
Seller's Agent
Joel McWaters
Berkshire Hathaway Home
Buyer's Agent
Denis O'Brien
Keller Williams Indy Metro S
List Price
$195,000
Sold Price
$205,000
Premium/Discount to List
$10,000
5.13%

Purchase Details

Listed on
May 10, 2022
Closed on
May 5, 2022
Sold by
Stroud Marion R
Bought by
Hartley Rodney
Seller's Agent
Joel McWaters
Berkshire Hathaway Home
Buyer's Agent
Denis O'Brien
Keller Williams Indy Metro S
List Price
$195,000
Sold Price
$205,000
Premium/Discount to List
$10,000
5.13%

Purchase Details

Closed on
Feb 6, 2007
Sold by
Avila Candace A
Bought by
Stroud Marion R and Stroud Candace A

Purchase Details

Closed on
Oct 31, 2003
Sold by
Collins Dorothy D
Bought by
Avila Candace A
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
Hardwick Ben -- None Listed On Document
I And I Capital Investments Llc -- None Listed On Document
L And L Capital Investments Llc -- None Listed On Document
Hartley Rodney -- None Listed On Document
Hartley Rodney -- None Listed On Document
Stroud Marion R -- None Available
Avila Candace A -- None Available
L And L Capital Investments Llc $205,000 Kw Mann
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hardwick Ben $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $205,000 +5.1% $155 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $195,000 -- $147 / 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 $3,387 $121,900 $9,800 $112,100
2023 $3,387 $134,400 $9,800 $124,600
2022 $1,645 $134,400 $9,800 $124,600
2021 $1,411 $117,100 $9,800 $107,300
2020 $1,066 $98,800 $9,800 $89,000
2019 $995 $98,800 $9,800 $89,000
2018 $682 $81,000 $9,800 $71,200
2017 $514 $70,800 $9,800 $61,000
2016 $551 $74,400 $9,800 $64,600
2014 $519 $70,400 $9,800 $60,600
2013 $499 $66,300 $9,800 $56,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21854367

MIBOR Broker Listing Cooperative®

APN: 49-06-31-115-012.000-914