NOT LISTED FOR SALE

5243 Padre Ln Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $196,000 - $215,975

3 Beds
1.5 Baths
1,160 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 26, 2023

Last sale price $183,500 $158 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,228/month

7 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Detached Garage
  • Franklin Central High School Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of January 2023

Must see this 3 bedroom with backyard with 6 ft fence , large 2 car garage Title work and escrow with Nation Title

Last Agent to Sell the Property

Bob Sargent

Sargent Realty Group LLC License #RB14036688 Listed on: 12/15/2022

Last Buyer's Agent

Jackie Lovell

Artisan, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,050

Year Built

  • Built in 1981

Lot Details

  • 9,104 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,160 Sq Ft Home
  • Formal Dining Room
  • Laminate Flooring
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Arlington Elementary School
  • Franklin Central High School

Utilities

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

Community Details

  • No Home Owners Association
  • Arlington Acres North Subdivision

Listing and Financial Details

  • Legal Lot and Block 229 / 2
  • Assessor Parcel Number 491503127014000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,050

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1981
  • Building Area Total: 1160
  • Garage Y N: Yes
  • Lot Size Acres: 0.209
  • Subdivision Name: Arlington Acres North
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: sargentteam@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Disposal, Microwave, Electric Oven, Refrigerator, Kitchen Exhaust, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Eat-in Kitchen
  • Living Area: 1160
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1160
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 1160

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 192500

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, 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: 9104
  • Parcel Number: 491503127014000300
  • Acres: <1/4 Acre
  • Price Acre: 877990.43062201

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1050
  • Tax Block: 2
  • Tax Lot: 229
  • Semi Annual Property Tax Amt: 525
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

MLS Schools

  • Elementary School: Arlington Elementary School
  • High School: Franklin Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Feb 23, 2023
Sold by
Bockbrader Cody
Bought by
Massey William D
Seller's Agent
Bob Sargent
Sargent Realty Group LLC
Buyer's Agent
Jackie Lovell
Artisan, REALTORS®
List Price
$192,500
Sold Price
$183,500
Premium/Discount to List
-$9,000
-4.68%
Views
30
Current Estimated Value
$208,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,494
Avg. Annual Appreciation
4.92%
Original Mortgage
$165,150
Outstanding Balance
$159,798
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$49,196

Purchase Details

Listed on
Jul 20, 2018
Closed on
Sep 14, 2018
Sold by
Natalie Carpenter
Bought by
Cody Bockbrader
Seller's Agent
Brooke Wall
Roger Webb Real Estate, Inc
Buyer's Agent
Bob Sargent
Sargent Realty Group LLC
List Price
$118,000
Sold Price
$120,000
Premium/Discount to List
$2,000
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$117,826
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 22, 2017
Closed on
Jun 23, 2017
Sold by
Skelly Joanne T
Bought by
Carpenter Natalie
Seller's Agent
Denise Wilson
RE/MAX At The Crossing
Buyer's Agent
Matthew Jones
The Modglin Group
List Price
$95,000
Sold Price
$104,000
Premium/Discount to List
$9,000
9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$102,116
Interest Rate
3.95%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2010
Sold by
Residential Fund 181 Llc
Bought by
Skelly Joanne T

Purchase Details

Closed on
Feb 20, 2010
Sold by
Kestner Cecilia and Kestner Eugene
Bought by
Residential Fund 181 Llc

Purchase Details

Closed on
Nov 8, 2005
Sold by
Quebbeman Brent A
Bought by
Kestner Cecilia and Kestner Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,320
Interest Rate
6.04%
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
Massey William D -- --
Cody Bockbrader $120,000 --
Brockbrader Cody $120,000 Chicago Title
Carpenter Natalie $104,000 --
Carpenter Natalie $104,000 Chicago Title
Skelly Joanne T -- None Available
Skelly Joanne T -- None Available
Residential Fund 181 Llc -- None Available
Kestner Cecilia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massey William D $165,150
Previous Owner Brockbrader Cody $117,826
Previous Owner Carpenter Natalie $102,116
Previous Owner Kestner Cecilia $76,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2023 01/26/23 Sold $183,500 -4.7% $158 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $192,500 +60.4% $166 / Sq Ft
09/14/2018 09/14/18 Sold $120,000 +1.7% $103 / Sq Ft View Prior Sale
07/22/2018 07/22/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $118,000 +13.5% $102 / Sq Ft
06/23/2017 06/23/17 Sold $104,000 +9.5% $90 / Sq Ft View Prior Sale
06/01/2017 06/01/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $95,000 -- $82 / 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 $1,442 $173,900 $24,700 $149,200
2023 $1,442 $140,300 $24,700 $115,600
2022 $1,396 $129,000 $24,700 $104,300
2021 $1,356 $125,200 $24,700 $100,500
2020 $1,219 $111,800 $24,700 $87,100
2019 $1,128 $102,900 $16,500 $86,400
2018 $1,043 $99,000 $16,500 $82,500
2017 $1,050 $98,100 $16,500 $81,600
2016 $2,033 $97,100 $16,500 $80,600
2014 $1,688 $84,000 $16,500 $67,500
2013 $844 $84,000 $16,500 $67,500
Source: Public Records

Agents Affiliated with this Home

  • Bob Sargent

    Seller's Agent in 2023

    Bob Sargent

    Sargent Realty Group LLC

    (317) 695-3805

    3 in this area

    130 Total Sales

    Bob Sargent
    Section Image

  • J

    Buyer's Agent in 2023

    Jackie Lovell

    Artisan, REALTORS®

    Section Image

  • B

    Seller's Agent in 2018

    Brooke Wall

    Roger Webb Real Estate, Inc

    (317) 371-0010

    43 Total Sales

    Brooke Wall
    Section Image

  • D

    Seller's Agent in 2017

    Denise Wilson

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2017

    Matthew Jones

    The Modglin Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21897155

MIBOR Broker Listing Cooperative®

APN: 49-15-03-127-014.000-300

Indiana Marion County Indianapolis 46237 South Emerson

5243 Padre Ln, Indianapolis, IN

This home is located at 5243 Padre Ln, Indianapolis, IN 46237 since 15 December 2022 and is currently estimated at $208,994, approximately $180 per square foot. This property was built in 1981. 5243 Padre Ln is a home located in Marion County with nearby schools including Franklin Central High School, Gray Road Christian School, and Indianapolis Southside Christian Academy.

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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