NOT LISTED FOR SALE

5142 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $248,000 - $285,000

3 Beds
2 Baths
2,728 Sq Ft
$96/Sq Ft Est. Value

Last Sold March 11, 2013

Last sale price $54,000 $20 Per Sq Ft

Est. 387% increase in value since last sale

Current estimated payment $1,585/month

13 Days on Market

About This Home

As of March 2013

Love the Swiss Alps but just can't get away? This is the house for you! This custom-built chalet-style home is spread over 3 lots! The great room features beamed ceiling and a wall of windows. The master bedroom is tucked away upstairs away from everyone else and has its own balcony. The back yard is fenced and there's room for a large deck and outdoor recreation. The detached 4! car garage is big enough to fulfill anyone's storage and workshop needs. House needs updating but what a unique home!

Last Agent to Sell the Property

Brenda Bertram-Taylor

My Agent License #RB14027688 Listed on: 02/09/2013

Last Buyer's Agent

Leyton Wellbaum

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,540

Year Built

  • 1990

Lot Details

  • 0.33

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,540

Year Built

1990

Lot Details

0.33 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.taylorpenrod.com
  • Architectural Style: Chalet
  • Directions: From South Lynhurst Dr & W Washington St, go south on Lynhurst past Minnesota. Left onto Melrose Ave to home on left.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: DREXEL GARDENS
  • Special Features: None
  • Year Built: 1990

Interior Features

  • Appliances: Dishwasher
  • Areas Interior: Great Room - 2 Story,Laundry Room Main Level,Bedroom Other on Main
  • Eating Area: Eat In Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2728
  • Main Level Sq Ft: 1616
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Balcony,Sinks Double,Tub Full with Separate Shower,Tub Garden
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1112
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted Ceiling(s), Skylight(s)
  • Other Equipment: Not Applicable

Exterior Features

  • Exterior Features: Driveway Concrete, Fence Privacy, Fire Pit
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Balcony,Deck Main Level
  • Construction Type: Cedar
  • Disclosures: BankOwned

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 4+ Car Detached
  • Garage Parking Other: Service Door,Storage Area,Workshop

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air
  • Solid Waste: 1
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: 1/4-1/2 Acre
  • Lot Information: Not In Subdivision,See Remarks
  • Lot Number: 410
  • Lot Size: 120X118

Tax Info

  • Semi Annual Property Tax Amt: 770
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks
  • Tax Annual Amount: 1540
  • Tax Year: 2012

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2016
Sold by
Hart Lisa
Bought by
Connor Daniel P
Current Estimated Value
$262,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Outstanding Balance
$35,396
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$227,408

Purchase Details

Listed on
Feb 9, 2013
Closed on
Mar 7, 2013
Sold by
Ghosh Michael
Bought by
Hart Lisa
Seller's Agent
Brenda Bertram-Taylor
My Agent
Buyer's Agent
Leyton Wellbaum
Highgarden Real Estate
List Price
$54,000
Sold Price
$54,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%

Purchase Details

Listed on
Feb 9, 2013
Closed on
Mar 5, 2013
Sold by
Federal Home Loan Mortgage Corporatio
Bought by
Hart Lisa
Seller's Agent
Brenda Bertram-Taylor
My Agent
Buyer's Agent
Leyton Wellbaum
Highgarden Real Estate
List Price
$54,000
Sold Price
$54,000

Purchase Details

Closed on
Nov 5, 2012
Sold by
Holloway Everett and Holloway Sheriff
Bought by
Federal Home Loan Mortgage Corporatio

Purchase Details

Closed on
Oct 23, 2012
Sold by
Sheriff John R Layton
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Connor Daniel P -- Chicago Title Company Llc
Hart Lisa $54,000 --
Hart Lisa -- --
Federal Home Loan Mortgage Corporatio -- --
Federal Home Loan Mortgage Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Daniel P $81,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2013 03/11/13 Sold $54,000 0.0% $20 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $54,000 -- $20 / 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 $2,614 $284,000 $13,300 $270,700
2024 $2,790 $223,100 $13,300 $209,800
2023 $2,790 $225,500 $13,300 $212,200
2022 $2,582 $206,700 $13,300 $193,400
2021 $2,083 $148,100 $13,300 $134,800
2020 $1,728 $124,000 $13,300 $110,700
2019 $1,669 $179,900 $13,300 $166,600
2018 $1,959 $157,300 $13,300 $144,000
2017 $1,080 $147,700 $4,400 $143,300
2016 $1,794 $144,500 $4,400 $140,100
2014 $2,890 $144,500 $4,400 $140,100
2013 $1,384 $144,500 $4,400 $140,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Buyer's Agent in 2013

    Leyton Wellbaum

    Highgarden Real Estate

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21215164

MIBOR Broker Listing Cooperative®

APN: 49-11-18-113-032.000-900

Indiana Marion County Indianapolis 46241 Stout Field

5142 Melrose Ave, 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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