NOT LISTED FOR SALE

5221 Graceland Ave Indianapolis, IN 46208

Butler-Tarkington/Rocky Ripple Neighborhood

Estimated Value: $363,000 - $474,000

3 Beds
1 Bath
2,704 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $231,500 $86 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,481/month

62 Days on Market

Highlights

  • Built-in Bookshelves
  • Bungalow
  • Forced Air Heating and Cooling System
  • Woodwork
  • 1-Story Property
  • Garage

About This Home

As of June 2015

All brick Butler Tarkington bungalow full of the original charm you want & modern updates you need. Hdwds, archways, a gas log frpl & built-ins. Updated kitchen w/solid surface counters & ss appls, new windows & furnace, updated BA, fresh paint throughout, lg dry bsmt w/laundry area & spacious MBR w/access to private fenced bkyd. Enjoy the quiet neighborhood from your front porch or back patio. Walking distance to Hinkle Fieldhouse, Holcomb Gardens, the canal towpath, shops & restaurants.

Last Agent to Sell the Property

Russ Lawrence

F.C. Tucker Company License #RB14042773 Listed on: 03/23/2015

F.C. Tucker Company

Last Buyer's Agent

James Anthony

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,886

Year Built

  • Built in 1949

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 2,704 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Gas Log Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Attic Access Panel
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Sump Pump
  • Basement Lookout

Parking

  • Garage
  • Driveway

Utilities

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

Community Details

  • A B Carters Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490611103030000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,886

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1949
  • Garage Y N: Yes
  • Lot Size Acres: 0.2
  • Subdivision Name: A B CARTERS
  • Inspection Warranties: Not Applicable
  • Property Description: All brick Butler Tarkington bungalow full of the original charm you want & modern updates you need. Hdwds, archways, a gas log frpl & built-ins. Updated kitchen w/solid surface counters & ss appls, new windows & furnace, updated BA, fresh paint throughout, lg dry bsmt w/laundry area & spacious MBR w/access to private fenced bkyd. Enjoy the quiet neighborhood from your front porch or back patio. Walking distance to Hinkle Fieldhouse, Holcomb Gardens, the canal towpath, shops & restaurants.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished, Daylight/Lookout Windows
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Screens Complete, Wood Work Painted
  • Living Area: 2704
  • Other Equipment: Smoke Detector, Sump Pump, Water-Softener Owned
  • Room Count: 6
  • Areas Interior: Foyer Small,Laundry in Basement
  • Eating Area: Formal Dining Room,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1352
  • Main Level Sq Ft: 1352
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: See Remarks
  • Total Sq Ft: 2704
  • Below Grade Sq Ft: 1352
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Daylight Window Basement

Exterior Features

  • Construction Materials: Wood Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear
  • Foundation Details: Block
  • List Price: 239900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • 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: 490611103030000801
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 633
  • Lot Size: 64x138

Tax Info

  • Tax Annual Amount: 1886
  • Semi Annual Property Tax Amt: 943
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
Jun 30, 2015
Sold by
Erdel Blake L and Erdel Katherine G
Bought by
Stone Sean M and Lowe Margaret S
Seller's Agent
Russ Lawrence
F.C. Tucker Company
Buyer's Agent
James Anthony
F.C. Tucker Company
List Price
$244,900
Sold Price
$231,500
Premium/Discount to List
-$13,400
-5.47%
Current Estimated Value
$409,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,054
Avg. Annual Appreciation
5.68%
Original Mortgage
$181,600
Outstanding Balance
$141,452
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$268,102

Purchase Details

Closed on
Sep 22, 2011
Sold by
Erdel Blake L and Gehring Katherine A
Bought by
Erdel Blake L and Erdel Katherine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,600
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 2008
Sold by
Brigance Joseph Steve
Bought by
Erdel Blake L and Gehring Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Stone Sean M -- Attorney
Erdel Blake L -- First American Title Ins Co
Erdel Blake L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Sean M $181,600
Previous Owner Erdel Blake L $192,600
Previous Owner Erdel Blake L $199,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $231,500 -3.5% $86 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
05/15/2015 05/15/15 Price Changed $239,900 -2.0% $89 / Sq Ft
05/07/2015 05/07/15 For Sale $244,900 0.0% $91 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $244,900 -- $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 $3,792 $318,700 $54,300 $264,400
2023 $3,792 $310,100 $54,300 $255,800
2022 $3,589 $310,100 $54,300 $255,800
2021 $3,139 $261,500 $35,900 $225,600
2020 $3,179 $264,000 $35,900 $228,100
2019 $3,082 $251,200 $35,900 $215,300
2018 $3,001 $242,700 $35,900 $206,800
2017 $2,477 $224,500 $35,900 $188,600
2016 $2,379 $220,300 $35,900 $184,400
2014 $1,967 $183,200 $35,900 $147,300
2013 $1,887 $182,200 $35,900 $146,300
Source: Public Records

Agents Affiliated with this Home

  • Russ Lawrence

    Seller's Agent in 2015

    Russ Lawrence

    F.C. Tucker Company

    (317) 439-3081

    2 in this area

    157 Total Sales

    Russ Lawrence
    Section Image

  • J

    Buyer's Agent in 2015

    James Anthony

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21342325

MIBOR Broker Listing Cooperative®

APN: 49-06-11-103-030.000-801

Indiana Marion County Indianapolis 46208 Butler-Tarkington/Rocky Ripple

5221 Graceland Ave, Indianapolis, IN

This home is located at 5221 Graceland Ave, Indianapolis, IN 46208 since 23 March 2015 and is currently estimated at $409,554, approximately $151 per square foot. This property was built in 1949. 5221 Graceland Ave is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Robert Lee Frost School 106, and Charles Warren Fairbanks School 105.

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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