NOT LISTED FOR SALE

5132 N College Ave Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated Value: $448,000 - $490,548

2 Beds
-- Bath
1,288 Sq Ft
$363/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $385,500 $299 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,069/month

3 Days on Market

About This Home

As of May 2021

This well maintained Meridian Kessler zone 6 duplex has 3 bed 1 bath mirroring sides with original hardwood floors and parking for 5 out back. 5132 side is currently vacant and ready for you to move in or place a tenant. It features an updated kitchen with quartz countertops, white subway tile backsplash, stainless steel appliances, new flooring in the kitchen and bathroom and a new water heater. 5134 side has a tenant in place through the end of May paying $1200 a month. All appliances included.

You’re just a short walk from some of Indy’s best breweries, restaurants, and a fresh market. You’ll also have the option of hopping on the redline to broad ripple or downtown.

Last Agent to Sell the Property

Tyler Willis

@properties License #RB21000475 Listed on: 04/22/2021

@properties

Last Buyer's Agent

Tyler Willis

@properties License #RB21000475 Listed on: 04/22/2021

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,594

Year Built

  • Built in 1915

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement

Community Details

  • A V Browns Central Subdivision

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for inshazard, insurance, lawncare, taxes, no utilities
  • Assessor Parcel Number 490612203037000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,594

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1915
  • Lot Size Acres: 0.17
  • Structure Type: Duplex
  • Subdivision Name: A V BROWNS CENTRAL
  • Inspection Warranties: Not Applicable
  • Property Description: This well maintained Meridian Kessler zone 6 duplex has 3 bed 1 bath mirroring sides with original hardwood floors and parking for 5 out back. 5132 side is currently vacant and ready for you to move in or place a tenant. It features an updated kitchen with quartz countertops, white subway tile backsplash, stainless steel appliances, new flooring in the kitchen and bathroom and a new water heater. 5134 side has a tenant in place through the end of May paying $1200 a month. All appliances included. You’re just a short walk from some of Indy’s best breweries, restaurants, and a fresh market. You’ll also have the option of hopping on the redline to broad ripple or downtown.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: InsHazard, Insurance, Lawncare, Taxes, No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • List Price: 375000

Garage/Parking

  • Unit Parking: On Street,Parking Lot

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490612203037000801
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Busline,Curbs,Sidewalks
  • Lot Number: 28
  • Lot Size: E 53X140

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7594
  • Semi Annual Property Tax Amt: 3797
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 20, 2021
Sold by
Holloway Johnathan H
Bought by
Schrage Lindsey
Seller's Agent
Tyler Willis
@properties
Buyer's Agent
Tyler Willis
@properties
List Price
$375,000
Sold Price
$385,500
Premium/Discount to List
$10,500
2.8%
Current Estimated Value
$467,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,016
Avg. Annual Appreciation
4.49%
Original Mortgage
$308,400
Interest Rate
2.9%

Purchase Details

Closed on
Dec 29, 2006
Sold by
Osborne Tracy R
Bought by
Dennis Michael D and Dennis Rebekah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
8.02%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Schrage Lindsey $385,500 None Available
Dennis Michael D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schrage Lindsey $308,400
Previous Owner Dennis Michael D $153,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $385,500 +2.8% $299 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $375,000 -- $291 / 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 $7,074 $406,300 $45,500 $360,800
2023 $7,074 $406,300 $45,500 $360,800
2022 $6,923 $406,300 $45,500 $360,800
2021 $5,675 $327,300 $32,900 $294,400
2020 $7,580 $320,100 $32,900 $287,200
2019 $7,722 $320,100 $32,900 $287,200
2018 $4,296 $174,200 $32,900 $141,300
2017 $3,813 $172,900 $32,900 $140,000
2016 $3,580 $165,800 $32,900 $132,900
2014 $3,381 $278,500 $32,900 $245,600
2013 $5,822 $278,500 $32,900 $245,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tyler Willis

    @properties

    (317) 353-4762

    4 in this area

    35 Total Sales

    Tyler Willis
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21779308

MIBOR Broker Listing Cooperative®

APN: 49-06-12-203-037.000-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

5132 N College Ave, Indianapolis, IN

This home is located at 5132 N College Ave, Indianapolis, IN 46205 since 22 April 2021 and is currently estimated at $467,516, approximately $362 per square foot. This property was built in 1915. 5132 N College Ave is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School No. 721.

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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