$194,000
SOLD MAY 15, 2025
3 Beds
2 Baths
1,217 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

2% Above List Price

11 Days on Market

Highlights

  • Updated Kitchen
  • Mature Trees
  • Wood Flooring
  • North Central High School Rated A-
  • Ranch Style House
  • Corner Lot

About This Home

As of May 2025

Welcome to 5061 Sylvan Road, a charming 3-bedroom, 2-bath ranch home offering a fantastic opportunity to add your personal touch. With approximately 1,200 square feet of living space, this home features a spacious layout that combines comfort and functionality. The inviting living room and family room both boast beautiful hardwood floors, creating a warm and cohesive flow throughout the home. The hardwood extends into all three bedrooms, giving the spaces a classic, timeless appeal. The kitchen has been thoughtfully updated with new cabinets, providing a great foundation for anyone who loves to cook or entertain. While the home is in need of some updates, its solid bones and inviting atmosphere present an excellent opportunity for the right buyer to make it their own. Additional highlights include a 2-car attached garage, and convenient city water and sewer. The property offers easy access to downtown Indianapolis, making it a prime location for commuters and city lovers alike. Whether you're looking to explore the local dining scene, attend events, or enjoy the vibrant city life, you'll appreciate the proximity to all the action. Located in a peaceful neighborhood, 5061 Sylvan Road provides the perfect balance of suburban tranquility and urban convenience. With a little creativity and vision, this home has the potential to be a true gem. Don't miss out on this fantastic opportunity to invest in a home with endless possibilities!

Last Agent to Sell the Property

Lisa Phillips

Compass Indiana, LLC Brokerage Email: lisa.phillips@compass.com License #RB14038063 Listed on: 04/07/2025

Compass Indiana, LLC

Last Buyer's Agent

angelica escobar

Compass Indiana, LLC License #RB23001112

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1972

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,217 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Morningside Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 490609115098000800
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1972
  • Building Area Total: 1217
  • Garage Y N: Yes
  • Lot Size Acres: 0.2
  • Subdivision Name: Morningside
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: lisa.phillips@compass.com
  • Attribution Contact: lisa.phillips@compass.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • Living Area: 1217
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Spa Y N: No
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1217
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Crawl Space
  • List Price: 190000
  • Patio And Porch Features: Open Patio
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Sq Ft: 483

Utilities

  • Utilities: Cable Connected
  • Heating: Forced Air, Natural Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot, Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 8712
  • Parcel Number: 490609115098000800
  • Acres: <1/4 Acre
  • Price Acre: 970000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1850
  • Tax Lot: 14
  • Semi Annual Property Tax Amt: 925
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2025
Closed on
May 15, 2025
Sold by
Fuller Jason
Bought by
Jacome Pedro Gonzalez and Banuelos Veronica Martinez
Seller's Agent
Lisa Phillips
Compass Indiana, LLC
Buyer's Agent
angelica escobar
Compass Indiana, LLC
List Price
$190,000
Sold Price
$194,000
Premium/Discount to List
$4,000
2.11%
Views
131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.51%
Original Mortgage
$181,875
Outstanding Balance
$181,875
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$11,831

Purchase Details

Listed on
May 21, 2014
Closed on
Jun 26, 2014
Sold by
Reed Bryan T and Reed Angela R
Bought by
Fuller Jason
Seller's Agent
Edward Wieckowski
Buyer's Agent
Lisa Phillips
Compass Indiana, LLC
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$83,460
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed $85,000 Title Services Llc
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $181,875 New Conventional
Previous Owner $80,700 New Conventional
Previous Owner $83,460 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $194,000 +2.1% $159 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $190,000 +123.5% $156 / Sq Ft
06/26/2014 06/26/14 Sold $85,000 0.0% $70 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $85,000 -- $70 / 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 $1,754 $158,100 $31,600 $126,500
2023 $1,754 $158,100 $31,600 $126,500
2022 $1,754 $115,700 $31,600 $84,100
2021 $1,378 $123,600 $20,900 $102,700
2020 $1,241 $118,700 $20,900 $97,800
2019 $1,039 $110,500 $20,900 $89,600
2018 $859 $100,100 $20,900 $79,200
2017 $856 $100,800 $20,900 $79,900
2016 $697 $92,600 $20,900 $71,700
2014 $630 $98,500 $20,900 $77,600
2013 $603 $93,700 $20,900 $72,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22030269

MIBOR Broker Listing Cooperative®

APN: 49-06-09-115-098.000-800