NOT LISTED FOR SALE

5242 N Park Ave Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $503,000 - $640,000

5 Beds
2.5 Baths
3,752 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 23, 2016

Last sale price $206,300 $55 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $3,822/month

41 Days on Market

Highlights

  • Vaulted Ceiling
  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • Thermal Windows
  • Attic Fan
  • Garage

About This Home

As of November 2016

Attention savvy buyers! Amazing opportunity in prime Meridian Kessler location. HUGE 5 BED ROOM home has newer windows, roof, siding, and new dual HVAC system. OVER 3,000 SQ/FT (not including basement) ready for your finishing touches. Home needs updating but has spacious kitchen area, 10' ceilings in the great room, and an awesome 2 car garage in back with carriage house potential. Incredible walk-ability to the areas best pubs, dining, Monon, etc. Bring your imagination and an offer!

Last Agent to Sell the Property

Kyle Williams

Compass Indiana, LLC License #RB14042717 Listed on: 08/31/2016

Compass Indiana, LLC

Last Buyer's Agent

Mark Nottingham

@properties

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 1935

Lot Details

  • 7,039 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Non-Functioning Fireplace
  • Thermal Windows
  • Window Screens
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • Garage
  • Driveway

Utilities

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

Community Details

  • Warrington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490612233148000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,042

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer, Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1935
  • Garage Y N: Yes
  • Lot Size Acres: 0.1616
  • Subdivision Name: WARRINGTON
  • Inspection Warranties: Not Applicable
  • Property Description: Attention savvy buyers! Amazing opportunity in prime Meridian Kessler location. HUGE 5 BED ROOM home has newer windows, roof, siding, and new dual HVAC system. OVER 3,000 SQ/FT (not including basement) ready for your finishing touches. Home needs updating but has spacious kitchen area, 10' ceilings in the great room, and an awesome 2 car garage in back with carriage house potential. Incredible walk-ability to the areas best pubs, dining, Monon, etc. Bring your imagination and an offer!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Kit Exhaust, Electric Oven
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Non Functional
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Raised Ceiling(s), Walk-in Closet(s), Screens Some, Windows Thermal
  • Living Area: 3752
  • Other Equipment: Smoke Detector
  • Room Count: 11
  • Areas Interior: Laundry in Basement
  • Eating Area: Dining Combo/Family Room,Eat In Kitchen,Walk In Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3204
  • Main Level Sq Ft: 1602
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 3752
  • Below Grade Sq Ft: 548
  • Upper Level Sq Ft: 1602
  • Pct Optional Level Finished: 50-75%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear
  • Foundation Details: Block
  • List Price: 219000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Glass Enclosed Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached
  • Garage Parking Other: Garage Door Opener,Keyless Entry,Service Door,Storage Area,Workshop
  • Num Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Cooling: Attic Fan, Central Air, Heat Pump
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490612233148000801
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 32
  • Lot Size: 7,039

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3042
  • Semi Annual Property Tax Amt: 1521
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Nov 23, 2016
Sold by
Brown Thomas P and Brown Debby K
Bought by
Lee Hui Bae Harold and Lee Jessica Clark
Seller's Agent
Kyle Williams
Compass Indiana, LLC
Buyer's Agent
Mark Nottingham
@properties
List Price
$244,900
Sold Price
$206,300
Premium/Discount to List
-$38,600
-15.76%
Current Estimated Value
$588,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,668
Avg. Annual Appreciation
12.78%

Purchase Details

Closed on
Jan 30, 2013
Sold by
Fleischauer Roxane L
Bought by
Fleischauer Andrew R and Fleischauer Roxane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Interest Rate
3.32%
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
Lee Hui Bae Harold -- First American Title
Fleischauer Andrew R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fleischauer Andrew R $138,500
Previous Owner Brown Thomas P $273,760
Previous Owner Brown Thomas P $252,000
Previous Owner Brown Thomas P $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2016 11/23/16 Sold $206,300 -5.8% $55 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
10/10/2016 10/10/16 Price Changed $219,000 -10.6% $58 / Sq Ft
09/29/2016 09/29/16 For Sale $244,900 0.0% $65 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $244,900 -- $65 / 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 $7,169 $316,200 $55,700 $260,500
2023 $7,169 $296,200 $55,700 $240,500
2022 $6,610 $296,200 $55,700 $240,500
2021 $6,003 $254,700 $34,000 $220,700
2020 $5,686 $240,200 $34,000 $206,200
2019 $5,619 $233,000 $34,000 $199,000
2018 $5,117 $323,300 $34,000 $289,300
2017 $6,614 $303,100 $34,000 $269,100
2016 $3,003 $263,300 $34,000 $229,300
2014 $3,154 $268,500 $34,000 $234,500
2013 $3,277 $287,800 $34,000 $253,800
Source: Public Records

Agents Affiliated with this Home

  • Kyle Williams

    Seller's Agent in 2016

    Kyle Williams

    Compass Indiana, LLC

    (317) 445-0701

    25 in this area

    197 Total Sales

    Section Image

  • M

    Buyer's Agent in 2016

    Mark Nottingham

    @properties

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21439484

MIBOR Broker Listing Cooperative®

APN: 49-06-12-233-148.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

5242 N Park Ave, Indianapolis, IN

This home is located at 5242 N Park Ave, Indianapolis, IN 46220 since 31 August 2016 and is currently estimated at $588,968, approximately $156 per square foot. This property was built in 1935. 5242 N Park Ave is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School (9-12).

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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