NOT LISTED FOR SALE

5125 Michigan Rd Indianapolis, IN 46228

Wynnedale-Spring Hill Neighborhood

Estimated Value: $237,000 - $277,000

3 Beds
1.5 Baths
1,976 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 26, 2017

Last sale price $145,000 $73 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,850/month

Highlights

  • 1.5-Story Property
  • Thermal Windows
  • Forced Air Heating and Cooling System
  • North Central High School Rated A-
  • Monitored
  • Garage

About This Home

As of September 2018

Enjoy the wine rack, fireplace, built-in bookshelves, and updated flooring in this ranch home in Washington Township. Central air, microwave, dishwasher, refrigerator and oven included. Fully fenced back yard is great for this pet friendly home. Oversized two car garage and unfinished basement for storage. Available for immediate move-in!

Last Agent to Rent the Property

Evona Watson

Triple E Realty, LLC License #RB14038857 Listed on: 09/01/2018

Last Renter's Agent

Evona Watson

Triple E Realty, LLC License #RB14038857 Listed on: 09/01/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Back Yard Fenced

Home Design

  • 1.5-Story Property
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,976 Sq Ft Home
  • Thermal Windows
  • Family Room with Fireplace
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater

Community Details

  • The Highlands Subdivision

Listing and Financial Details

  • Security Deposit $1,200
  • Tenant pays for electricity, gas, insurance, sewer, all utilities, water
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 490610105033000800

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Sewer, All Utilities, Water
  • Lease Price: 1200.00
  • Min Lease Req: 12
  • Pet Deposit: 200
  • Security Deposit: 1200
  • Leased Type: Leased

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1950
  • Garage Y N: Yes
  • Lot Size Acres: 0.3326
  • Subdivision Name: THE HIGHLANDS
  • Inspection Warranties: Not Applicable
  • Property Description: Enjoy the wine rack, fireplace, built-in bookshelves, and updated flooring in this ranch home in Washington Township. Central air, microwave, dishwasher, refrigerator and oven included. Fully fenced back yard is great for this pet friendly home. Oversized two car garage and unfinished basement for storage. Available for immediate move-in!
  • Transaction Type: Lease
  • F H A Certified: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Windows Thermal
  • Living Area: 1976
  • Other Equipment: Security Alarm Monitored, Security Alarm Paid, Smoke Detector, Sump Pump
  • Owner Pays: Insurance, Taxes
  • Room Count: 7
  • Areas Interior: Bedroom Other on Main,Foyer Small,Laundry Room Main Level
  • Eating Area: Kitchen Updated,Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1317
  • Main Level Sq Ft: 1317
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 1976
  • Below Grade Sq Ft: 659
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Full Rear
  • Foundation Details: Block, Crawl Space
  • List Price: 1200
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490610105033000800
  • Acres: 1/4-1/2 Acre
  • Lot Information: Street Lights,Tree Mature,Trees Small
  • Lot Number: 23
  • Lot Size: 14,488

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1568
  • Semi Annual Property Tax Amt: 784
  • Tax Exemption: None

MLS Schools

  • School District: Washington Township
  • Schools: Crooked Creek Elementary,North Central High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2017
Closed on
Sep 26, 2017
Sold by
Michael B
Bought by
Candis J
Seller's Agent
Chuck McCollum
eXp Realty, LLC
Buyer's Agent
Keisha Lewis
Fathom Realty
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%
Current Estimated Value
$263,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,768
Avg. Annual Appreciation
8.00%
Original Mortgage
$137,750
Outstanding Balance
$116,433
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$149,214

Purchase Details

Closed on
Dec 30, 2010
Sold by
Niles Michael B and Niles Cheryl L
Bought by
Niles Michael B and Niles Cheryl L
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
Candis J $145,000 --
Lavallais Candis J $145,000 Meridian Title Corporation
Niles Michael B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavallais Candis J $137,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2018 09/19/18 Rented $1,200 0.0% --
09/11/2018 09/11/18 Under Contract -- -- --
09/01/2018 09/01/18 For Rent $1,200 0.0% --
09/26/2017 09/26/17 Sold $145,000 -3.3% $110 / Sq Ft
08/02/2017 08/02/17 Price Changed $150,000 -6.3% $114 / Sq Ft
07/15/2017 07/15/17 For Sale $160,000 -- $121 / 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 $5,409 $222,700 $32,400 $190,300
2023 $5,409 $208,200 $32,400 $175,800
2022 $4,571 $210,400 $32,400 $178,000
2021 $4,374 $162,200 $30,100 $132,100
2020 $4,180 $163,600 $30,100 $133,500
2019 $3,734 $155,000 $30,100 $124,900
2018 $1,727 $151,800 $30,100 $121,700
2017 $1,675 $150,000 $30,100 $119,900
2016 $1,127 $117,400 $30,100 $87,300
2014 $875 $112,900 $30,100 $82,800
2013 $929 $112,900 $30,100 $82,800
Source: Public Records

Agents Affiliated with this Home

  • Evona Watson

    Landlord's Agent in 2018

    Evona Watson

    Triple E Realty, LLC

    (317) 281-9280

    128 Total Sales

    Section Image

  • C

    Seller's Agent in 2017

    Chuck McCollum

    eXp Realty, LLC

    Section Image

  • K

    Buyer's Agent in 2017

    Keisha Lewis

    Fathom Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21593148

MIBOR Broker Listing Cooperative®

APN: 49-06-10-105-033.000-800

Indiana Marion County Indianapolis 46228 Wynnedale-Spring Hill

5125 Michigan Rd, Indianapolis, IN

This home is located at 5125 Michigan Rd, Indianapolis, IN 46228 since 01 September 2018 and is currently priced at $262,531. This property was built in 1950. 5125 Michigan Rd is a home located in Marion County with nearby schools including Crooked Creek Elementary School, Westlane Middle School, and North 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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