NOT LISTED FOR SALE

5217 W 16th St Indianapolis, IN 46224

Estimated Value: $308,266 - $399,000

4 Beds
3 Baths
3,686 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 12, 2017

Last sale price $202,500 $55 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,114/month

Highlights

  • Family Room with Fireplace
  • English Architecture
  • Woodwork
  • Speedway Junior High School Rated A
  • Storm Windows
  • Shed

About This Home

As of September 2017

Beautiful & Unique Tudor Bungalow in the heart of Speedway. Historic home with many great features/updates! Refinished Hardwoods! Newer roof, windows, HVAC/high eff furn, gorgeous new kitchen-quartz counters, cherry cabinets, black SS appliances stay. Master BR is truly a retreat with French Door/side lights that open to balcony w/spiral staircase to the patio below. 1 BR on the Main. Fin room in basement W/FP Can be 4th BR. Huge 3-CAR GAR drives thru to backyard. Already SOLD before market.

Last Agent to Sell the Property

Lori Choate

CHOATE REALTY & Consulting License #RB14032289 Listed on: 06/25/2017

Last Buyer's Agent

Lori Choate

CHOATE REALTY & Consulting License #RB14032289 Listed on: 06/25/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1929

Lot Details

  • 6,970 Sq Ft Lot
  • Property is Fully Fenced
  • Privacy Fence

Home Design

  • English Architecture
  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Cement Siding

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Gas Log Fireplace
  • Window Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Attic Access Panel

Kitchen

  • Convection Oven
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Multiple Phone Lines

Community Details

  • Speedway City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490631123027000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,900

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, English/Tudor
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1929
  • Garage Y N: Yes
  • Green Energy Efficient: Windows, HVAC, Insulation, Water Sense Toilet
  • Lot Size Acres: 0.16
  • Subdivision Name: SPEEDWAY CITY
  • Inspection Warranties: Not Applicable
  • Property Description: Beautiful & Unique Tudor Bungalow in the heart of Speedway. Historic home with many great features/updates! Refinished Hardwoods! Newer roof, windows, HVAC/high eff furn, gorgeous new kitchen-quartz counters, cherry cabinets, black SS appliances stay. Master BR is truly a retreat with French Door/side lights that open to balcony w/spiral staircase to the patio below. 1 BR on the Main. Fin room in basement W/FP Can be 4th BR. Huge 3-CAR GAR drives thru to backyard. Already SOLD before market.
  • Transaction Type: Sale
  • Website: www.BuyIndyHouses.com
  • F H A Certified: 1
  • Website: www.HomesForSaleIndiana.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Full, Unfinished, Finished Walls
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, MicroHood, Electric Oven, Convection Oven, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Basement, Family Room, Gas Log, Living Room
  • Fireplaces: 3
  • Interior Amenities: Attic Access, Screens Complete, Storms Complete, WoodWorkStain/Painted
  • Living Area: 3686
  • Other Equipment: Network Ready, Multiple Phone Lines, Smoke Detector, Programmable Thermostat, Water-Softener Owned
  • Room Count: 11
  • Areas Interior: Bedroom Other on Main,Foyer Small,Living Room Formal,Laundry in Basement,Utility Room
  • Eating Area: Breakfast Bar,Formal Dining Room,Kitchen Updated,Walk In Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2490
  • Main Level Sq Ft: 1294
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Bedroom, Split
  • Total Sq Ft: 3686
  • Below Grade Sq Ft: 1196
  • Upper Level Sq Ft: 1196
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Daylight Window Basement

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Concrete, Fence Complete, Fence Privacy
  • Foundation Details: Block, Brick
  • List Price: 212500
  • Association Maintained Building Exterior: 0
  • Porch: Balcony,Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 3 Car Detached
  • Garage Parking Other: Garage Door Opener,Keyless Entry,Courtyard Load Garage,Rear Load Garage,Service Door

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490631123027000914
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 568
  • Lot Size: 40'X175'

Green Features

  • Green Certification Y N: 0
  • Green Features: Other/See Remarks

Tax Info

  • Tax Annual Amount: 1900
  • Semi Annual Property Tax Amt: 950
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Speedway
  • Schools: Carl G Fisher Elementary,Speedway High,Speedway Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2017
Closed on
Sep 12, 2017
Sold by
Choate Lori A
Bought by
Strack Richard W and Strack Vana M
Seller's Agent
Lori Choate
CHOATE REALTY & Consulting
Buyer's Agent
Lori Choate
CHOATE REALTY & Consulting
List Price
$212,500
Sold Price
$202,500
Premium/Discount to List
-$10,000
-4.71%
Current Estimated Value
$343,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,067
Avg. Annual Appreciation
7.33%
Original Mortgage
$75,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2016
Sold by
Choate Steven W
Bought by
Choate Steven W and Choate Lori A

Purchase Details

Closed on
Nov 29, 2006
Sold by
Asher Camden Sandra K and Asher Sandra K
Bought by
Choate Steven W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Strack Richard W $202,500 --
Strack Richard W -- Abstract & Title
Choate Steven W -- None Available
Choate Steven W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strack Richard W $100,000
Closed Strack Richard W $75,000
Previous Owner Choate Steven W $65,000
Previous Owner Choate Steven W $65,300
Previous Owner Choate Steven W $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2017 09/12/17 Sold $202,500 -4.7% $55 / Sq Ft
07/26/2017 07/26/17 For Sale $212,500 0.0% $58 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
06/25/2017 06/25/17 For Sale $212,500 -- $58 / 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 $2,900 $231,900 $15,500 $216,400
2023 $2,900 $232,300 $15,500 $216,800
2022 $2,861 $223,800 $15,500 $208,300
2021 $2,630 $207,000 $15,500 $191,500
2020 $2,154 $173,300 $15,500 $157,800
2019 $2,303 $184,300 $15,500 $168,800
2018 $2,218 $176,800 $15,500 $161,300
2017 $2,028 $163,500 $15,500 $148,000
2016 $1,851 $151,200 $15,500 $135,700
2014 $1,767 $147,800 $15,500 $132,300
2013 $1,680 $141,000 $15,500 $125,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21496320

MIBOR Broker Listing Cooperative®

APN: 49-06-31-123-027.000-914