5240 Southdale Dr Indianapolis, IN 46217
Southdale Neighborhood
2
Beds
1
Bath
1,580
Sq Ft
0.34
Acres
Highlights
- Family Room with Fireplace
- Ranch Style House
- No HOA
- Perry Meridian Middle School Rated A-
- Wood Flooring
- 2 Car Detached Garage
About This Home
As of May 2025Nice spacious cozy brick ranch home on spacious lot. Located in desirable Perry Township area, close to schools. Priced to sale. Easy access. Home has plenty of features with a large living room and huge family room both with fireplace. Also includes a sunroom with 2 car detached garage and shed for storage with very nice back yard. A must see home All appliances and limited home warranty are included. Seller may be willing to consider offering sellers consessions payable to or on behalf of a buyer at closing. Home is being sold as is.
Last Agent to Sell the Property
Real Estate 1 Brokerage Email: alwalker4001@sbcglobal.net License #RB14022532 Listed on: 11/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,460
Year Built
- Built in 1958
Lot Details
- 0.34 Acre Lot
Parking
- 2 Car Detached Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 1,580 Sq Ft Home
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
Kitchen
- Electric Cooktop
- Kitchen Island
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot S1/2 L34
- Assessor Parcel Number 491402104056000500
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 24, 2024
Closed on
May 8, 2025
Sold by
Mathus Shane Thomas
Bought by
Simple Quarters Llc
Seller's Agent
Alisha Walker
Real Estate 1
List Price
$225,000
Sold Price
$160,000
Premium/Discount to List
-$65,000
-28.89%
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
754.08%
Original Mortgage
$100,000
Outstanding Balance
$100,000
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
$125,507
Purchase Details
Closed on
Sep 12, 2006
Sold by
Walker David K
Bought by
Mathus Thomas J and Mathus Ruth E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,240
Interest Rate
6.58%
Mortgage Type
New Conventional
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 | -- | None Listed On Document | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Construction | |
| Previous Owner | $122,678 | New Conventional | |
| Previous Owner | $79,577 | New Conventional | |
| Previous Owner | $71,000 | New Conventional | |
| Previous Owner | $67,500 | New Conventional | |
| Previous Owner | $53,240 | New Conventional | |
| Previous Owner | $10,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | For Sale | $215,000 | 0.0% | $136 / Sq Ft |
| 06/11/2025 06/11/25 | Pending | -- | -- | -- |
| 06/04/2025 06/04/25 | For Sale | $215,000 | +34.4% | $136 / Sq Ft |
| 05/08/2025 05/08/25 | Sold | $160,000 | 0.0% | $101 / Sq Ft |
| 01/09/2025 01/09/25 | Off Market | $160,000 | -- | -- |
| 11/24/2024 11/24/24 | For Sale | $225,000 | -- | $142 / 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 | $2,622 | $206,200 | $23,000 | $183,200 |
| 2023 | $2,622 | $197,500 | $23,000 | $174,500 |
| 2022 | $2,380 | $176,300 | $23,000 | $153,300 |
| 2021 | $2,046 | $150,300 | $23,000 | $127,300 |
| 2020 | $1,928 | $141,400 | $23,000 | $118,400 |
| 2019 | $1,576 | $122,700 | $9,500 | $113,200 |
| 2018 | $1,461 | $116,300 | $9,500 | $106,800 |
| 2017 | $1,358 | $111,500 | $9,500 | $102,000 |
| 2016 | $1,318 | $108,800 | $9,500 | $99,300 |
| 2014 | $1,014 | $104,800 | $9,500 | $95,300 |
| 2013 | $1,012 | $104,800 | $9,500 | $95,300 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Young
T
Seller's Agent in 2025
Terry Young
Red Bridge Real Estate
(765) 335-1905
274 Total Sales
-
Alisha Walker
A
Seller's Agent in 2025
Alisha Walker
Real Estate 1
(317) 840-2931
1 in this area
16 Total Sales
-
Luis Coronel
Buyer's Agent in 2025
Luis Coronel
Realty of America LLC
(317) 207-0770
931 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22012838
APN: 49-14-02-104-056.000-500
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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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