NOT LISTED FOR SALE

5143 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $129,000 - $212,741

2 Beds
2 Baths
1,100 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $180,700 $164 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,196/month

Highlights

  • Traditional Architecture
  • No HOA
  • Ceramic Tile Flooring
  • Ben Davis University High School Rated A
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of May 2023

A Must See! This 2/BR 2/BA home built in 2018 with no HOA has a spacious floorplan, large eat-in kitchen, master suite, walk-in closet in the guest bedroom, separate laundry room, full privacy fence, and FANTASTIC outdoor space for entertaining. All appliances stay, new tile flooring, the crawlspace has a sump pump, and the storage shed has electricity, perfect for a she-shed or man-cave. This is a great opportunity to own a home that is only 5 yrs old from top to bottom. Schedule your showing today! Don't let this one get away!

Last Agent to Sell the Property

Jacqueline Barnett

Brownstone Realty Group License #RB14047767 Listed on: 04/05/2023

Last Buyer's Agent

Jen Morris

The Stewart Home Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,290

Year Built

  • Built in 2018

Lot Details

  • 4,704 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Drexel Gardens Subdivision

Listing and Financial Details

  • Tax Lot 4909
  • Assessor Parcel Number 491118113016000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,290

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2018
  • Building Area Total: 1100
  • Garage Y N: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Drexel Gardens
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: info@brownstoneindy.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1100
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1100
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Block
  • List Price: 174900

Utilities

  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Lot Size Sq Ft: 4704
  • Parcel Number: 491118113016000900
  • Acres: <1/4 Acre
  • Price Acre: 1129375

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2290
  • Tax Lot: 4909
  • Semi Annual Property Tax Amt: 1145
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
May 4, 2023
Sold by
Guevara Odalis S Nuno
Bought by
Bonner Kendell and Smith Samantha
Seller's Agent
Jacqueline Barnett
Brownstone Realty Group
Buyer's Agent
Jen Morris
The Stewart Home Group
List Price
$174,900
Sold Price
$180,700
Premium/Discount to List
$5,800
3.32%
Views
48
Current Estimated Value
$182,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,383
Avg. Annual Appreciation
0.12%
Original Mortgage
$180,700
Outstanding Balance
$176,576
Interest Rate
6.32%
Mortgage Type
Construction
Estimated Equity
$4,617

Purchase Details

Listed on
Aug 21, 2020
Closed on
Nov 24, 2020
Sold by
Guevara Olalis S Nuno
Bought by
Guevara Olalis S Nuno and Castaneda Bryan
Seller's Agent
Jackie Deppe
Carpenter, REALTORS®
Buyer's Agent
Jacqueline Barnett
Brownstone Realty Group
List Price
$120,000
Sold Price
$129,500
Premium/Discount to List
$9,500
7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$127,153
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 6, 2020
Sold by
Chasteen Marc R
Bought by
Guevara Odalis S Nuno
Seller's Agent
Jackie Deppe
Carpenter, REALTORS®
Buyer's Agent
Jacqueline Barnett
Brownstone Realty Group
List Price
$120,000
Sold Price
$129,500
Premium/Discount to List
$9,500
7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,153
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 24, 2018
Sold by
Butts Authorized Jeffrey
Bought by
Chasteen Marc R
Seller's Agent
Jackie Deppe
Carpenter, REALTORS®
Buyer's Agent
Cherie Smith
True Realty
List Price
$99,900
Sold Price
$94,000
Premium/Discount to List
-$5,900
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%
Original Mortgage
$71,733
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 20, 2018
Closed on
Jul 18, 2018
Sold by
Indy Gateway Inc
Bought by
Mason Christopher M
Seller's Agent
Jackie Deppe
Carpenter, REALTORS®
Buyer's Agent
Cherie Smith
True Realty
List Price
$99,900
Sold Price
$94,000
Premium/Discount to List
-$5,900
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,733
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 2016
Sold by
Marion County Board Of Commissioners
Bought by
Gateway Indy

Purchase Details

Closed on
Oct 13, 2016
Sold by
Marion County
Bought by
Indy Gateway Inc
Source: Public Records

Range of Values:

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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
Bonner Kendell $180,700 Quality Title
Guevara Olalis S Nuno -- None Available
Guevara Odalis S Nuno $129,500 The Abstract & Title Guaranty
Chasteen Marc R $94,000 --
Chasteen Marc R -- Abstract & Title
Mason Christopher M $99,900 Abstract & Title
Gateway Indy -- None Available
Indy Gateway Inc $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonner Kendell $180,700
Previous Owner Guevara Odalis S Nuno $127,153
Previous Owner Chasteen Marc R $82,400
Previous Owner Chasteen Marc R $71,733
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $180,700 +3.3% $164 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $174,900 +35.1% $159 / Sq Ft
10/06/2020 10/06/20 Sold $129,500 +7.9% $118 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $120,000 +27.7% $109 / Sq Ft
08/24/2018 08/24/18 Sold $94,000 -5.9% $85 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $99,900 -- $91 / 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 $2,452 $199,300 $13,100 $186,200
2023 $2,452 $203,400 $13,100 $190,300
2022 $2,290 $186,600 $13,100 $173,500
2021 $1,775 $132,100 $13,100 $119,000
2020 $1,069 $104,500 $13,100 $91,400
2019 $1,068 $104,500 $13,100 $91,400
2018 $0 $85,500 $13,100 $72,400
2017 $0 $6,700 $6,700 $0
2016 $103 $4,400 $4,400 $0
2014 $88 $4,400 $4,400 $0
2013 $88 $4,400 $4,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Barnett

    Seller's Agent in 2023

    Jacqueline Barnett

    Brownstone Realty Group

    (317) 657-3191

    2 in this area

    101 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jen Morris

    The Stewart Home Group

    Section Image
  • Jackie Deppe

    Seller's Agent in 2020

    Jackie Deppe

    Carpenter, REALTORS®

    (317) 965-6397

    5 in this area

    29 Total Sales

    Section Image
  • Cherie Smith

    Buyer's Agent in 2018

    Cherie Smith

    True Realty

    (765) 438-5971

    145 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21914149

MIBOR Broker Listing Cooperative®

APN: 49-11-18-113-016.000-900

Indiana Marion County Indianapolis 46241 Stout Field

5143 Melrose Ave, Indianapolis, IN

This home is located at 5143 Melrose Ave, Indianapolis, IN 46241 since 05 April 2023 and is currently estimated at $183,935, approximately $167 per square foot. This property was built in 2018. 5143 Melrose Ave is a home located in Marion County with nearby schools including Maplewood Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University 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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