5251 Michigan Rd Indianapolis, IN 46228
Wynnedale-Spring Hill Neighborhood
2
Beds
1
Bath
1,304
Sq Ft
0.37
Acres
Highlights
- Cape Cod Architecture
- Wood Flooring
- Formal Dining Room
- North Central High School Rated A-
- No HOA
- 2 Car Detached Garage
About This Home
As of March 2025Very well built all brick home with lots of room for expansion. A few cosmetics without a doubt would make this a great home for a first time home buyer. This home far exceeds what you would typically get in this price range, come and see!
Last Agent to Sell the Property
Realty Options, LLC Brokerage Email: realtyoptions2@gmail.com License #RB14041106 Listed on: 01/02/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Parking
- 2 Car Detached Garage
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 1,304 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Formal Dining Room
- Attic Access Panel
- Basement
Flooring
- Wood
- Brick
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Accessible Home Design
- Accessibility Features
- Accessible Doors
Additional Features
- 0.37 Acre Lot
- Baseboard Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 70x229
- Assessor Parcel Number 490610110005000800
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 2, 2025
Closed on
Mar 27, 2025
Sold by
Waidelich Matthew J
Bought by
Stults Investment Properties Llc
Seller's Agent
Eric Walker
Realty Options, LLC
Buyer's Agent
Randy Wasmuth
Highgarden Real Estate
List Price
$199,900
Sold Price
$157,000
Premium/Discount to List
-$42,900
-21.46%
Views
79
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
$15,740
Avg. Annual Appreciation
24.25%
Purchase Details
Closed on
Jun 5, 2007
Sold by
Adams Scott D
Bought by
Waicelich Matthew J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
6.2%
Mortgage Type
New Conventional
Similar Homes in Indianapolis, IN
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 Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $72,100 | New Conventional | |
| Closed | $74,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $157,000 | -21.5% | $120 / Sq Ft |
| 02/08/2025 02/08/25 | Pending | -- | -- | -- |
| 01/02/2025 01/02/25 | For Sale | $199,900 | -- | $153 / 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 | $4,999 | $191,300 | $68,900 | $122,400 |
| 2023 | $4,999 | $191,300 | $68,900 | $122,400 |
| 2022 | $4,666 | $194,400 | $68,900 | $125,500 |
| 2021 | $4,265 | $157,400 | $50,900 | $106,500 |
| 2020 | $4,042 | $157,400 | $50,900 | $106,500 |
| 2019 | $3,783 | $156,400 | $50,900 | $105,500 |
| 2018 | $3,595 | $151,900 | $50,900 | $101,000 |
| 2017 | $3,280 | $139,900 | $50,900 | $89,000 |
| 2016 | $3,157 | $144,000 | $50,900 | $93,100 |
| 2014 | $2,851 | $138,300 | $50,900 | $87,400 |
| 2013 | $2,860 | $137,500 | $50,900 | $86,600 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Walker
E
Seller's Agent in 2025
Eric Walker
Realty Options, LLC
1 in this area
10 Total Sales
-
Randy Wasmuth
R
Buyer's Agent in 2025
Randy Wasmuth
Highgarden Real Estate
(317) 258-8631
1 in this area
100 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22015808
APN: 49-06-10-110-005.000-800
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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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