NOT LISTED FOR SALE

5302 Carrollton Ave Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $392,000 - $418,000

2 Beds
-- Bath
1,047 Sq Ft
$387/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $165,000 $158 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,631/month

54 Days on Market

About This Home

As of February 2016

Great opportunity for investment income, live in one side rent the other, 1929 home built as a duplex with the eras charm character, time period kitchen incl appliances (one unit has n awesome vintage gas range) living-room w full length bay window & fplc corner cabinet in the dining rm.Updates incl New roof, HVAC, floors refinished & ext. painted since 2007. Each unit has w/d incl in the bsmts. Corner lot & has as driveway & 2 car gar. 2 huge front porches & partial fence at the rear unit.

Last Agent to Sell the Property

Beth Adams

Carpenter, REALTORS® License #RB14019398 Listed on: 12/22/2015

Carpenter, REALTORS®

Last Buyer's Agent

Sharon Bulmann

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,792

Year Built

  • Built in 1929

Lot Details

  • 6,586

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Brick Foundation

Additional Features

  • 2-Story Property
  • 6,586 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for inshazard taxes
  • Assessor Parcel Number 490612135005000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,792

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer,Victorian
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1929
  • Lot Size Acres: 0.1512
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: Great opportunity for investment income, live in one side rent the other, 1929 home built as a duplex with the eras charm character, time period kitchen incl appliances (one unit has n awesome vintage gas range) living-room w full length bay window & fplc corner cabinet in the dining rm.Updates incl New roof, HVAC, floors refinished & ext. painted since 2007. Each unit has w/d incl in the bsmts. Corner lot & has as driveway & 2 car gar. 2 huge front porches & partial fence at the rear unit.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: InsHazard,Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 2094
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Brick
  • List Price: 198900
  • Road Access: CityStreet

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1
  • HVAC: new since 2007

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490612135005000801
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Tree Mature
  • Lot Number: 1
  • Lot Size: 6,586

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3792
  • Semi Annual Property Tax Amt: 1896
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2015
Closed on
Apr 1, 2016
Sold by
Engelman Naomi
Bought by
Engelspoon Properties Llc
Seller's Agent
Beth Adams
Carpenter, REALTORS®
Buyer's Agent
Sharon Bulmann
CENTURY 21 Scheetz
List Price
$1,988,900
Sold Price
$165,000
Premium/Discount to List
-$1,823,900
-91.7%
Current Estimated Value
$405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,000
Avg. Annual Appreciation
7.86%
Original Mortgage
$123,750
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 22, 2015
Closed on
Feb 26, 2016
Sold by
Bishop Walter
Bought by
Engelman Naomi
Seller's Agent
Beth Adams
Carpenter, REALTORS®
Buyer's Agent
Sharon Bulmann
CENTURY 21 Scheetz
List Price
$1,988,900
Sold Price
$165,000
Premium/Discount to List
-$1,823,900
-91.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2007
Sold by
Gruber David S
Bought by
Quick Apple

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,877
Interest Rate
6.66%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Engelspoon Properties Llc -- None Available
Engelman Naomi -- First American Title Ins Co
Quick Apple -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engelman Naomi $123,750
Previous Owner Quick Apple $160,877
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $165,000 0.0% $158 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
01/15/2016 01/15/16 Off Market $165,000 -- --
12/22/2015 12/22/15 For Sale $1,988,900 -- $1,900 / 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 $5,288 $242,000 $44,000 $198,000
2023 $5,288 $217,900 $44,000 $173,900
2022 $5,581 $217,900 $44,000 $173,900
2021 $4,688 $198,200 $25,700 $172,500
2020 $4,704 $198,200 $25,700 $172,500
2019 $4,792 $198,200 $25,700 $172,500
2018 $4,504 $184,400 $25,700 $158,700
2017 $4,003 $183,400 $25,700 $157,700
2016 $3,791 $177,300 $25,700 $151,600
2014 $3,791 $247,200 $25,700 $221,500
2013 $1,578 $247,200 $25,700 $221,500
Source: Public Records

Agents Affiliated with this Home

  • Beth Adams

    Seller's Agent in 2016

    Beth Adams

    Carpenter, REALTORS®

    (317) 281-6009

    47 Total Sales

    Beth Adams
    Section Image

  • S

    Buyer's Agent in 2016

    Sharon Bulmann

    CENTURY 21 Scheetz

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21391948

MIBOR Broker Listing Cooperative®

APN: 49-06-12-135-005.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

5302 Carrollton Ave, Indianapolis, IN

This home is located at 5302 Carrollton Ave, Indianapolis, IN 46220 since 22 December 2015 and is currently estimated at $405,000, approximately $386 per square foot. This property was built in 1929. 5302 Carrollton 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 No. 721.

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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