NOT LISTED FOR SALE

516 S Raceway Rd Indianapolis, IN 46231

Estimated Value: $301,000 - $350,995

5 Beds
2 Baths
1,150 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $158,000 $137 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,988/month

19 Days on Market

Highlights

  • In Ground Pool
  • 1 Acre Lot
  • Main Floor Primary Bedroom
  • Pine Tree Elementary School Rated A
  • Mature Trees
  • No HOA

About This Home

As of September 2014

Huge 5 Bedroom Home has lots of space for growing family and Handyman with a 3 car garage and storage cabinets. Huge deck over 800 sqft great for entertaining by the pool . Set on an acre of land with a fenced in back yard. Home has 3 Bedrooms on main floor & 2 bedrooms on lower level with walk out basement... Inground pool with new liner and pump. Family room with new carpet and fireplace in the basement. Come see this home you will not be disappointed.

Last Agent to Sell the Property

Kevin Elson

eXp Realty, LLC Listed on: 07/24/2014

eXp Realty, LLC

Co-Listed By

Catherine Epps

eXp Realty, LLC

Last Buyer's Agent

Terah Adams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 1971

Lot Details

  • 1 Acre Lot
  • Mature Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Multi-Level Property
  • Thermal Windows
  • Vinyl Clad Windows
  • Window Screens
  • Family Room with Fireplace
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Glen Elen Subdivision

Listing and Financial Details

  • Legal Lot and Block 86 / 4
  • Assessor Parcel Number 320908435001000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,650

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1971
  • Building Area Total: 2340
  • Garage Y N: Yes
  • Lot Size Acres: 1
  • Subdivision Name: Glen Elen
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • MBR_AttributionContact: Kevin@eppselsonteam.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Walk Out, Sump Pump
  • Appliances: Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1071
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Screens Complete, Windows Thermal, Windows Vinyl, Eat-in Kitchen, Primary Bedroom on Main
  • Living Area: 1150
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1150
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 1150

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Porch
  • Pool Features: Below Ground

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Asphalt, Attached, Garage Door Opener
  • Garage Parking Other: Keyless Entry

Utilities

  • Utilities: Cable Available, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 177
  • Parcel Number: 320908435001000022
  • Acres: 1-3 Acres

Tax Info

  • Tax Annual Amount: 1650
  • Tax Block: 4
  • Tax Lot: 86
  • Semi Annual Property Tax Amt: 825
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2014
Closed on
Sep 19, 2014
Sold by
Boling Travis W
Bought by
Pruelt Robert and Pruelt Nicole
Seller's Agent
Kevin Elson
eXp Realty, LLC
Buyer's Agent
Terah Adams
List Price
$159,900
Sold Price
$158,000
Premium/Discount to List
-$1,900
-1.19%
Current Estimated Value
$330,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,499
Avg. Annual Appreciation
6.86%
Original Mortgage
$150,100
Outstanding Balance
$114,784
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$215,715

Purchase Details

Closed on
Jun 22, 2009
Sold by
Rees Daniel L and Rees Shelley
Bought by
Boling Travis W
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
Pruelt Robert -- --
Boling Travis W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruelt Robert $150,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $158,000 -1.2% $137 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $159,900 -- $139 / 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 $3,099 $273,600 $37,800 $235,800
2023 $2,838 $249,000 $34,400 $214,600
2022 $2,669 $237,700 $32,800 $204,900
2021 $2,255 $200,700 $31,900 $168,800
2020 $2,134 $188,800 $31,900 $156,900
2019 $2,067 $180,400 $30,400 $150,000
2018 $2,143 $177,500 $30,400 $147,100
2017 $1,761 $168,200 $28,900 $139,300
2016 $1,829 $174,300 $28,900 $145,400
2014 $1,559 $149,900 $25,400 $124,500
2013 $1,564 $149,900 $25,400 $124,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21305777

MIBOR Broker Listing Cooperative®

APN: 32-09-08-435-001.000-022