NOT LISTED FOR SALE

5124 Indianola Ave Edina, MN 55424

Arden Park Neighborhood

Estimated Value: $1,961,000 - $2,803,000

5 Beds
5 Baths
4,356 Sq Ft
$566/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $2,375,000 $545 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $15,555/month

Highlights

  • No HOA
  • Game Room
  • Home Gym
  • Concord Elementary School Rated A
  • Home Office
  • 4-minute walk to Arden Park

About This Home

As of November 2023

Sold before print.

Last Agent to Sell the Property

John Adams

Compass Listed on: 08/09/2023

Compass

Last Buyer's Agent

Anne Shaeffer

Lakes Sotheby's International Realty

Lakes Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,138

Year Built

  • Built in 2012

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 105 x 80
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Insulated Garage

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room
  • Home Gym

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Additional Features

  • Sod Farm
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1802824410129

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,138

Year Built

Built in 2012

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 3187
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Concrete, Sump Pump
  • Appliances: Cooktop, Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator, Wall Oven
  • Fireplace Features: Family Room, Gas
  • Living Area: 4356
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1169
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Informal Dining Room, Study, Amusement Room, Bedroom 5, Exercise Room
  • SqFtTotal: 0.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Insulated Garage
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Edina
  • SchoolDistrictNumber: 273
  • SchoolDistrictPhone: 952-848-3900

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 105 X 80
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Lot Features: Sod Included in Price, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1802824410129
  • Tax Annual Amount: 24138
  • TaxWithAssessments: 24137.9000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Nov 15, 2023
Sold by
London Steven D and London Trisha L
Bought by
Volden Benjamin and Volden Jennifer
Seller's Agent
John Adams
Compass
Buyer's Agent
Anne Shaeffer
Lakes Sotheby's International Realty
List Price
$2,495,000
Sold Price
$2,375,000
Premium/Discount to List
-$120,000
-4.81%
Views
44
Current Estimated Value
$2,465,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,115
Avg. Annual Appreciation
-1.17%
Original Mortgage
$1,900,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2012
Closed on
Apr 12, 2012
Sold by
Great Heighborhood Homes Inc
Bought by
London Steven D and London Trisha L
Seller's Agent
John Wanninger
Lakes Sotheby's International
Buyer's Agent
Karen London
Lakes Sotheby's International
List Price
$1,495,000
Sold Price
$1,518,000
Premium/Discount to List
$23,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$1,125,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2011
Sold by
Schultz Kevin and Schultz Jenny
Bought by
Great Neighborhood Homes Inc

Purchase Details

Closed on
Jul 10, 2008
Sold by
Earling Helen E and Earling John P
Bought by
Schultz Kevin and Schultz Jenny

Purchase Details

Closed on
Jun 1, 1998
Sold by
Olson Robert E and Olson Barbara J
Bought by
Everett Helen M
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
Volden Benjamin $2,375,000 Chb Title
London Steven D $1,518,000 Executive Title Inc
Great Neighborhood Homes Inc $495,000 --
Schultz Kevin $540,000 --
Everett Helen M $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volden Benjamin $1,916,100
Closed Volden Benjamin $1,900,000
Previous Owner London Steven D $1,030,000
Previous Owner London Steven D $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $2,375,000 -4.8% $545 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $2,495,000 +64.4% $573 / Sq Ft
04/12/2012 04/12/12 Sold $1,518,000 +1.5% $348 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $1,495,000 -- $343 / Sq Ft
Source: NorthstarMLS

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
2023 $26,719 $1,870,900 $607,500 $1,263,400
2022 $24,972 $1,739,100 $540,000 $1,199,100
2021 $24,726 $1,635,400 $472,500 $1,162,900
2020 $25,278 $1,615,200 $450,000 $1,165,200
2019 $24,480 $1,622,600 $455,000 $1,167,600
2018 $25,108 $1,573,900 $437,500 $1,136,400
2017 $25,113 $1,541,100 $402,500 $1,138,600
2016 $23,431 $1,474,800 $402,500 $1,072,300
2015 $21,399 $1,407,600 $423,300 $984,300
2014 -- $1,323,000 $338,700 $984,300
Source: Public Records

Agents Affiliated with this Home

  • John Adams

    Seller's Agent in 2023

    John Adams

    Compass

    (612) 269-9438

    6 in this area

    123 Total Sales

    John Adams
    Section Image
  • Anne Shaeffer

    Buyer's Agent in 2023

    Anne Shaeffer

    Lakes Sotheby's International Realty

    (612) 759-1846

    13 in this area

    137 Total Sales

    Anne Shaeffer
    Section Image

  • J

    Seller's Agent in 2012

    John Wanninger

    Lakes Sotheby's International

  • K

    Buyer's Agent in 2012

    Karen London

    Lakes Sotheby's International

See All Agents

Map

Source: NorthstarMLS

MLS Number: 6381990

NorthstarMLS

APN: 18-028-24-41-0129

Minnesota Hennepin County Edina 55424 Arden Park

5124 Indianola Ave, Edina, MN

This home is located at 5124 Indianola Ave, Edina, MN 55424 since 09 August 2023 and is currently estimated at $2,465,115, approximately $565 per square foot. This property was built in 2012. 5124 Indianola Ave is a home located in Hennepin County with nearby schools including Concord Elementary School, South View Middle School, and Edina High School.

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