NOT LISTED FOR SALE

5120 Michigan Rd Indianapolis, IN 46228

Wynnedale-Spring Hill Neighborhood

Estimated Value: $210,000 - $300,909

3 Beds
1 Bath
3,415 Sq Ft
$72/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $180,000 $53 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,503/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Engineered Wood Flooring
  • 2 Car Detached Garage
  • North Central High School Rated A-
  • Breakfast Room
  • Eat-In Kitchen

About This Home

As of April 2022

FANTASTIC OPPORTUNITY UNDER $200,000 ON OVER A HALF ACRE! This 3 bedroom, 1 bathroom home is located in ideal location on Indy's west side, less than 5 minute drive to interstate and no HOA. Large great room upon entry, wood fireplace, and neutral décor throughout. Main level master bedroom. Huge back yard with so much potential! The home does need some polishing and some unfinished projects that need attention, but what an opportunity at $180,000! Hurry!

Last Agent to Sell the Property

Scott Armstrong

Armstrong Real Estate Brokerag Listed on: 02/18/2022

Last Buyer's Agent

Theresa Bartels

The Indy Realty Shop

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $810

Year Built

  • Built in 1938

Lot Details

  • 0.57 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Breakfast Room
  • Attic Access Panel
  • Eat-In Kitchen
  • Unfinished Basement

Flooring

  • Engineered Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 490610111011000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$810

Year Built

Built in 1938

Lot Details

0.57 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: CapeCod
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2006
  • Year Built: 1938
  • Building Area Total: 3415
  • Garage Y N: Yes
  • Lot Size Acres: 0.57
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Other Equipment: Not Applicable
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2397
  • Main Level Sq Ft: 1347
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 1018
  • Upper Level Sq Ft: 1050
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490610111011000800
  • Acres: 1/2-1 Acre
  • Lot Number: 0
  • Lot Size: E80X303

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 810
  • Semi Annual Property Tax Amt: 405
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 8, 2022
Sold by
Schluttenhofer Michael L
Bought by
Coddington Patrick C
Seller's Agent
Scott Armstrong
Armstrong Real Estate Brokerag
Buyer's Agent
Theresa Bartels
The Indy Realty Shop
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$245,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,227
Avg. Annual Appreciation
8.14%
Original Mortgage
$162,000
Outstanding Balance
$149,687
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$95,540

Purchase Details

Closed on
Nov 13, 2006
Sold by
Jackson Alphonso and Secretary Of Hud Of Washington
Bought by
Schluttenhofer Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2006
Sold by
Chase Home Finance Llc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jul 10, 2006
Sold by
Sltepherd Jeffrey D and Vnzant Todd M
Bought by
Chase Home Finance Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coddington Patrick C $180,000 Chicago Title
Schluttenhofer Michael L -- None Available
Secretary Of Hud -- None Available
Chase Home Finance Llc $86,214 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coddington Patrick C $162,000
Previous Owner Schluttenhofer Michael L $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $180,000 0.0% $53 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $180,000 -- $53 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $2,722 $220,400 $43,700 $176,700
2024 $2,731 $222,100 $43,700 $178,400
2023 $2,731 $222,100 $43,700 $178,400
2022 $3,003 $224,900 $43,700 $181,200
2021 $2,832 $207,400 $43,700 $163,700
2020 $2,686 $207,400 $43,700 $163,700
2019 $2,522 $206,600 $43,700 $162,900
2018 $2,415 $202,300 $43,700 $158,600
2017 $2,222 $191,300 $43,700 $147,600
2016 $2,092 $190,400 $43,700 $146,700
2014 $1,813 $190,300 $43,700 $146,600
2013 $1,722 $189,500 $43,700 $145,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Scott Armstrong

    Armstrong Real Estate Brokerag

    Section Image

  • T

    Buyer's Agent in 2022

    Theresa Bartels

    The Indy Realty Shop

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21838786

MIBOR Broker Listing Cooperative®

APN: 49-06-10-111-011.000-800

Indiana Marion County Indianapolis 46228 Wynnedale-Spring Hill

5120 Michigan Rd, Indianapolis, IN

Not Listed for Sale

Detached

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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.
Based on information submitted to the MLS GRID

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