$71,500
SOLD OCT 6, 2020

5214 Terrace Ave Indianapolis, IN 46203

Southeast Indianapolis Neighborhood
2 Beds
1 Bath
936 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$76 Per Sq Ft

1 Day on Market

Highlights

  • Formal Dining Room
  • Thermal Windows
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • 1-Story Property
  • Utility Room

About This Home

As of November 2022

This is a great opportunity for a first-time homebuyer or for investing in a rental property, you should take the time to look at his nice 2 bedroom 1 bathroom bunglalow that sits on a corner lot. There is a detached 1 car garage, with a new garage door, that has ample storage space for mechanic or workshop. You'll notice a covered porch to sit back and relax in cool evenings, to haveing a cook out out back on the open patio with family and friends. All appliances stay. It's only 15 minutes drive to downtown Indy and close access to 465.

Last Agent to Sell the Property

Scot Stiles

Coldwell Banker Stiles License #RB17000519 Listed on: 08/26/2020

Coldwell Banker Stiles

Last Buyer's Agent

Melissa Perfetti

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

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

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

$1,094

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1920
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: COLUMBIA TERRACE
  • Inspection Warranties: General
  • Property Description: This is a great opportunity for a first-time homebuyer or for investing in a rental property, you should take the time to look at his nice 2 bedroom 1 bathroom bunglalow that sits on a corner lot. There is a detached 1 car garage, with a new garage door, that has ample storage space for mechanic or workshop. You'll notice a covered porch to sit back and relax in cool evenings, to haveing a cook out out back on the open patio with family and friends. All appliances stay. It's only 15 minutes drive to downtown Indy and close access to 465.
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Thermal
  • Living Area: 936
  • Other Equipment: Not Applicable
  • Room Count: 6
  • 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
  • Total Sq Ft: 936

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Block
  • List Price: 71500
  • 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: 1094
  • Semi Annual Property Tax Amt: 547
  • 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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $71,500 Near North Title Group
Warranty Deed -- None Available
Assessor Sales History -- Quality Title Insurance Inc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,000 New Conventional
Previous Owner $64,350 New Conventional
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

    12 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: MBR21734909

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 and is currently priced at $71,500, approximately $76 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.

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