NOT LISTED FOR SALE

5235 Ford St Indianapolis, IN 46224

Estimated Value: $276,000 - $365,000

3 Beds
2.5 Baths
2,202 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $263,000 $119 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,855/month

Highlights

  • Updated Kitchen
  • Deck
  • No HOA
  • Speedway Junior High School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of August 2023

Welcome home to this beautiful ranch in Speedway Indiana. You will feel right at home as you walk into this house. From the comfortable front living room, to the huge back rec room, there is plenty of space to relax and play! The finished basement offers its own living room and an "office" that would allow company to comfortably spend the night on the queen sized bed and have their own private FULL bathroom! As you walk out to the back deck, it feels like your in your own little paradise. With room to roam, play, or plant a garden, there is plenty to do! Have a lot of "stuff"? Well, this detached 2 car garage is JUST what you need! Think you'll fill it up fast? NO WORRIES, there is a storage shed attached to the back of the garage!

Last Agent to Sell the Property

Kendrick Davis

Compass Indiana, LLC Brokerage Email: kdavis@highpointrealtygroup.com License #RB15000562 Listed on: 08/03/2023

Compass Indiana, LLC

Last Buyer's Agent

Angela Casey

Trueblood Real Estate

Trueblood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,802

Year Built

  • Built in 1947

Lot Details

  • 7,797

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Partial Basement
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Deck
  • 7,797 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Rosners Speedway Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490631112004000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,802

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1947
  • Building Area Total: 2310
  • Garage Y N: Yes
  • Lot Size Acres: 0.179
  • On Market Date: 2023-08-03
  • Subdivision Name: Rosners Speedway Place
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: kdavis@highpointrealtygroup.com
  • Attribution Contact: kdavis@highpointrealtygroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Gas Water Heater, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 795
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 2202
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1407
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Some Updates
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • List Price: 262500
  • Patio And Porch Features: Deck Main Level

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Forced Air, Natural Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 7797
  • Parcel Number: 490631112004000914
  • Acres: <1/4 Acre
  • Price Acre: 1469274

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2802
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1401
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 30, 2023
Sold by
Ludwig Kurtis David
Bought by
Ludwig Revocable Family Trust and Ludwig
Seller's Agent
Kendrick Davis
Compass Indiana, LLC
Buyer's Agent
Angela Casey
Trueblood Real Estate
List Price
$262,500
Sold Price
$263,000
Premium/Discount to List
$500
0.19%
Views
50
Current Estimated Value
$303,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,142
Avg. Annual Appreciation
7.14%
Original Mortgage
$210,400
Outstanding Balance
$205,785
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$97,357

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 25, 2023
Sold by
Ludwig Kurtis David
Bought by
Ludwig Revocable Family Trust and Ludwig
Seller's Agent
Kendrick Davis
Compass Indiana, LLC
Buyer's Agent
Angela Casey
Trueblood Real Estate
List Price
$262,500
Sold Price
$263,000
Premium/Discount to List
$500
0.19%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Outstanding Balance
$205,785
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$97,357

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 24, 2023
Sold by
Paden Katie E and Paden Nicholas S
Bought by
Ludwig Kurtis David
Seller's Agent
Kendrick Davis
Compass Indiana, LLC
Buyer's Agent
Angela Casey
Trueblood Real Estate
List Price
$262,500
Sold Price
$263,000
Premium/Discount to List
$500
0.19%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Outstanding Balance
$205,785
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$97,357

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 18, 2018
Sold by
Stone Investments Llc
Bought by
Paden Katie E and Paden Nicholas S
Seller's Agent
Matthew Reffeitt
Keller Williams Indy Metro W
Buyer's Agent
Matthew Reffeitt
Keller Williams Indy Metro W
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%
Original Mortgage
$145,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2017
Closed on
Apr 26, 2017
Seller's Agent
Jennifer Wilmoth
Wilmoth Group
Buyer's Agent
Matthew Reffeitt
Keller Williams Indy Metro W
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.69%

Purchase Details

Listed on
Mar 22, 2017
Closed on
Apr 11, 2017
Sold by
Us Bank Na
Bought by
Stone Investments Llc
Seller's Agent
Jennifer Wilmoth
Wilmoth Group
Buyer's Agent
Matthew Reffeitt
Keller Williams Indy Metro W
List Price
$85,000
Sold Price
$85,000

Purchase Details

Closed on
Sep 23, 2016
Sold by
Sheriff Of Marion County
Bought by
Mortgage Equity Conversion Asset Trust 2 and Us Bank National Association
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
Ludwig Revocable Family Trust -- None Listed On Document
Ludwig Revocable Family Trust $263,000 None Listed On Document
Ludwig Kurtis David $263,000 None Listed On Document
Paden Katie E $150,000 Chicago Title
-- $85,000 --
Stone Investments Llc -- --
Mortgage Equity Conversion Asset Trust 2 $70,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludwig Kurtis David $210,400
Previous Owner Paden Katie E $142,510
Previous Owner Paden Katie E $145,500
Previous Owner Nichols Patricia A $184,500
Closed Mortgage Equity Conversion Asset Trust 2 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $263,000 +0.2% $119 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $262,500 +75.0% $119 / Sq Ft
07/18/2018 07/18/18 Sold $150,000 0.0% $107 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $150,000 +76.5% $107 / Sq Ft
04/26/2017 04/26/17 Sold $85,000 0.0% $37 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $85,000 -- $37 / 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 $3,044 $258,700 $19,800 $238,900
2023 $3,044 $243,400 $19,800 $223,600
2022 $3,044 $250,200 $19,800 $230,400
2021 $1,995 $161,100 $19,800 $141,300
2020 $1,892 $154,800 $19,800 $135,000
2019 $1,796 $147,400 $19,800 $127,600
2018 $697 $86,400 $19,800 $66,600
2017 $2,801 $111,700 $19,800 $91,900
2016 $465 $111,700 $19,800 $91,900
2014 $447 $108,800 $19,800 $89,000
2013 $430 $106,900 $19,800 $87,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21935679

MIBOR Broker Listing Cooperative®

APN: 49-06-31-112-004.000-914