5240 Palisade Way Indianapolis, IN 46237
South Emerson Neighborhood
3
Beds
1
Bath
1,320
Sq Ft
9,040
Sq Ft Lot
Highlights
- Mature Trees
- Family Room with Fireplace
- Engineered Wood Flooring
- Franklin Central High School Rated A-
- Ranch Style House
- Cathedral Ceiling
About This Home
As of October 2024This home is located at 5240 Palisade Way, Indianapolis, IN 46237 and is currently priced at $215,000, approximately $162 per square foot. This property was built in 1982. 5240 Palisade Way is a home located in Marion County with nearby schools including Franklin Central High School, Gray Road Christian School, and Indianapolis Southside Christian Academy.
Last Agent to Sell the Property
Indianapolis Homes Realty Group Brokerage Email: Ashley@indyhomesrealty.com License #RB21002839 Listed on: 08/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,466
Year Built
- Built in 1982
Lot Details
- 9,040 Sq Ft Lot
- Cul-De-Sac
- Corner Lot
- Mature Trees
Parking
- 2 Car Detached Garage
Home Design
- Ranch Style House
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,320 Sq Ft Home
- Cathedral Ceiling
- Free Standing Fireplace
- Gas Log Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Separate Formal Living Room
- Fire and Smoke Detector
- Eat-In Kitchen
- Laundry closet
Flooring
- Engineered Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Attic
- Attic Access Panel
- Pull Down Stairs to Attic
Outdoor Features
- Porch
Schools
- Arlington Elementary School
- Edgewood Intermediate School
- Franklin Central High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Arlington Acres Subdivision
Listing and Financial Details
- Legal Lot and Block Lot 217 / 1
- Assessor Parcel Number 491503133004000300
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2024
Closed on
Oct 30, 2024
Sold by
Church Kenneth
Bought by
Stoneroad Barbara A
Seller's Agent
Ashley Sparks
Indianapolis Homes Realty Group
Buyer's Agent
Paul Commons
F.C. Tucker Company
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,938
Avg. Annual Appreciation
0.99%
Purchase Details
Closed on
Apr 8, 2022
Sold by
Lindsay Butler
Bought by
Church Kenneth
Purchase Details
Closed on
May 16, 2019
Sold by
Butler Lindsay and Church Kenneth
Bought by
Butler Lindsay and Church Kenneth Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,750
Interest Rate
4.1%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 23, 2013
Closed on
Jan 16, 2014
Sold by
Connerly William R and Connerly Monica H
Bought by
Butler Lindsay and Butler Kenneth
Seller's Agent
Robert VanHook
Premier Agent Network
Buyer's Agent
Jan Herr
Carpenter, REALTORS®
List Price
$89,900
Sold Price
$88,000
Premium/Discount to List
-$1,900
-2.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$85,958
Interest Rate
4.87%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 20, 2009
Sold by
Jervis Jeffrey B
Bought by
Connerly William R and Connerly Monica H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,675
Interest Rate
5.11%
Mortgage Type
VA
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $215,000 | None Listed On Document | |
| Quit Claim Deed | -- | Garner Britt C | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $88,000 | Mvp National Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $101,885 | FHA | |
| Previous Owner | $101,750 | FHA | |
| Previous Owner | $85,958 | FHA | |
| Previous Owner | $89,675 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2024 10/30/24 | Sold | $215,000 | -2.3% | $163 / Sq Ft |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 09/27/2024 09/27/24 | Price Changed | $220,000 | -0.7% | $167 / Sq Ft |
| 09/19/2024 09/19/24 | Price Changed | $221,499 | -2.2% | $168 / Sq Ft |
| 09/13/2024 09/13/24 | Price Changed | $226,499 | -1.5% | $172 / Sq Ft |
| 08/30/2024 08/30/24 | For Sale | $230,000 | +161.4% | $174 / Sq Ft |
| 01/16/2014 01/16/14 | Sold | $88,000 | -2.1% | $67 / Sq Ft |
| 01/11/2014 01/11/14 | Pending | -- | -- | -- |
| 10/23/2013 10/23/13 | For Sale | $89,900 | -- | $68 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $3,126 | $167,400 | $24,400 | $143,000 |
| 2023 | $3,126 | $149,400 | $24,400 | $125,000 |
| 2022 | $1,571 | $138,400 | $24,400 | $114,000 |
| 2021 | $1,458 | $133,500 | $24,400 | $109,100 |
| 2020 | $1,308 | $118,900 | $24,400 | $94,500 |
| 2019 | $1,204 | $108,900 | $16,300 | $92,600 |
| 2018 | $1,161 | $104,900 | $16,300 | $88,600 |
| 2017 | $1,182 | $107,200 | $16,300 | $90,900 |
| 2016 | $1,128 | $102,000 | $16,300 | $85,700 |
| 2014 | $876 | $85,400 | $16,300 | $69,100 |
| 2013 | $879 | $85,400 | $16,300 | $69,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Ashley Sparks
Indianapolis Homes Realty Group
(317) 966-7665
3 in this area
34 Total Sales
-
Buyer's Agent in 2024
Paul Commons
F.C. Tucker Company
(317) 804-1456
1 in this area
65 Total Sales
-
Seller's Agent in 2014
Robert VanHook
Premier Agent Network
(317) 507-9320
2 in this area
133 Total Sales
-
J
Buyer's Agent in 2014
Jan Herr
Carpenter, REALTORS®
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21998217
APN: 49-15-03-133-004.000-300
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