NOT LISTED FOR SALE

5214 Terrace Ave Indianapolis, IN 46203

Southeast Indianapolis Neighborhood

Estimated Value: $111,000 - $142,762

2 Beds
1 Bath
936 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $105,000 $112 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $758/month

1 Day on Market

Highlights

  • Formal Dining Room
  • Thermal Windows
  • Bungalow
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of November 2022

Solid 2 bedroom, 1 bathroom bungalow w/ 1 car detached garage w/ carport on a corner lot. Perfect for new home or investment property. Kitchen features lots of counter & cabinet space. Spacious Great Room & Dining Room areas for entertaining friends & family. Shared bathroom between bedrooms. All the following updates within the last 3 years: replacement of roof shingles on home & garage, roof decking on home, gas water heater & foundation tuck pointed. Oversized laundry room for storage or flex space. Sewer line was scoped to the street & inspected 2 years ago. HVAC replaced approximately 6 years ago. Great yard w/ cement patio & plenty of space for kids to play.

Last Agent to Sell the Property

Roger Webb

Roger Webb Real Estate, Inc Listed on: 10/21/2022

Last Buyer's Agent

Karen Kelly

Fathom Realty

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Formal Dining Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Columbia Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491015118034000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,626

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1920
  • Building Area Total: 936
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: COLUMBIA TERRACE
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • MBR_AttributionContact: webb4homes@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer, Microwave, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Thermal
  • Other Equipment: Not Applicable
  • Areas Interior: Utility Room
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 936
  • Main Level Sq Ft: 936
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Eat In

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Block
  • List Price: 105000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Finished Garage
  • Garage Sq Ft: 400

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491015118034000700
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 73
  • Lot Size: 7,797

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1626
  • Semi Annual Property Tax Amt: 813
  • Tax Exemption: None

MLS Schools

  • School District: Warren Township
  • Schools: Lowell Elementary,Raymond Park Middle,Warren Central High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 23, 2022
Sold by
Oliphant Michael A
Bought by
Veernait Holly Michelle
Seller's Agent
Roger Webb
Roger Webb Real Estate, Inc
Buyer's Agent
Karen Kelly
Fathom Realty
List Price
$105,000
Sold Price
$105,000
Views
12
Current Estimated Value
$122,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,441
Avg. Annual Appreciation
6.31%
Original Mortgage
$84,000
Outstanding Balance
$81,943
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$41,682

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 6, 2020
Sold by
Jones Rebecca D
Bought by
Oliphant Michael A
Seller's Agent
Scot Stiles
Coldwell Banker Stiles
Buyer's Agent
Melissa Perfetti
CENTURY 21 Scheetz
List Price
$71,500
Sold Price
$71,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.77%
Original Mortgage
$64,350
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2018
Sold by
Twg Ii Llc
Bought by
Twg Iii Llc

Purchase Details

Closed on
Mar 20, 2014
Sold by
Jones Rebecca Deloris Atty In Fa
Bought by
Jones Stevie G and Jones Rebecca D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Veernait Holly Michelle -- --
Oliphant Michael A $71,500 Near North Title Group
Twg Iii Llc -- None Available
Jones Stevie G -- Quality Title Insurance Inc
Jones Stevie G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veernait Holly Michelle $84,000
Previous Owner Oliphant Michael A $64,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $105,000 0.0% $112 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $105,000 +46.9% $112 / Sq Ft
10/06/2020 10/06/20 Sold $71,500 0.0% $76 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $71,500 -- $76 / 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 $960 $105,400 $11,200 $94,200
2023 $960 $98,100 $11,200 $86,900
2022 $1,058 $98,100 $11,200 $86,900
2021 $1,627 $69,000 $11,200 $57,800
2020 $1,325 $55,700 $11,200 $44,500
2019 $1,192 $49,400 $4,900 $44,500
2018 $1,265 $52,800 $4,900 $47,900
2017 $1,136 $52,000 $4,900 $47,100
2016 $1,115 $51,000 $4,900 $46,100
2014 $4 $47,400 $4,900 $42,500
2013 $83 $47,400 $4,900 $42,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Roger Webb

    Roger Webb Real Estate, Inc

    Section Image

  • K

    Buyer's Agent in 2022

    Karen Kelly

    Fathom Realty

    Section Image

  • S

    Seller's Agent in 2020

    Scot Stiles

    Coldwell Banker Stiles

    (317) 652-5287

    1 in this area

    13 Total Sales

    Scot Stiles
    Section Image

  • M

    Buyer's Agent in 2020

    Melissa Perfetti

    CENTURY 21 Scheetz

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21889645

MIBOR Broker Listing Cooperative®

APN: 49-10-15-118-034.000-700

Indiana Marion County Indianapolis 46203 Southeast Indianapolis

5214 Terrace Ave, Indianapolis, IN

This home is located at 5214 Terrace Ave, Indianapolis, IN 46203 since 21 October 2022 and is currently estimated at $122,441, approximately $130 per square foot. This property was built in 1920. 5214 Terrace Ave is a home located in Marion County with nearby schools including Lowell Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle 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.

Nearby Homes