NOT LISTED FOR SALE

5302 Margate Rd Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $145,000 - $191,000

3 Beds
1 Bath
800 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $95,000 $119 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,017/month

4 Days on Market

Highlights

  • Deck
  • Breakfast Room
  • Laundry closet
  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of July 2019

Be amazed at this totally remodeled 3 bedroom ranch. New door, carpet, appliances, flooring, cabinets, windows, and on and on! Lovely lot with mature trees, and beautiful old oak tree in the back for shade. Great location, close to I-465, shopping, and restaurants. 2 car detached garage.

Last Agent to Sell the Property

Susan Hodges

Carpenter, REALTORS® License #RB14029829 Listed on: 06/11/2019

Last Buyer's Agent

Naomi Forbes

Trahan Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1953

Lot Details

  • 6,970

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 800 Sq Ft Home
  • Breakfast Room
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Deck
  • 6,970 Sq Ft Lot

Community Details

  • Newlynn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491236115023000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,514

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1953
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: NEWLYNN
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: Be amazed at this totally remodeled 3 bedroom ranch. New door, carpet, appliances, flooring, cabinets, windows, and on and on! Lovely lot with mature trees, and beautiful old oak tree in the back for shade. Great location, close to I-465, shopping, and restaurants. 2 car detached garage.
  • Transaction Type: Sale
  • Open House Count: 2
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Windows Vinyl,Wood Work Painted
  • Living Area: 800
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Laundry Closet
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 800
  • Main Level Sq Ft: 800
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull with Shower
  • Total Sq Ft: 800
  • Kitchen Features: Kitchen Updated
  • Below Grade Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 95000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491236115023000200
  • Acres: <1/4 Acre
  • Lot Information: Street Lights,Not In Subdivision,Tree Mature
  • Lot Number: 32
  • Lot Size: 6,970

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1514
  • Semi Annual Property Tax Amt: 757
  • Tax Exemption: None

MLS Schools

  • School District: Decatur Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Jul 1, 2019
Sold by
Jorgensen William R
Bought by
Cross Richard D
Seller's Agent
Susan Hodges
Carpenter, REALTORS®
Buyer's Agent
Naomi Forbes
Trahan Realty Group
List Price
$95,000
Sold Price
$95,000
Current Estimated Value
$166,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,156
Avg. Annual Appreciation
9.83%
Original Mortgage
$92,150
Outstanding Balance
$81,591
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$87,678

Purchase Details

Closed on
Jul 9, 2013
Sold by
Mohr Ronald A and Mount Patricia L
Bought by
Jorgensen William R

Purchase Details

Closed on
Jun 25, 2013
Sold by
Mohr Ronald A
Bought by
Jorgensen William R
Source: Public Records

Range of Values:

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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
Cross Richard D -- Chicago Title
Jorgensen William R -- --
Jorgensen William R $8,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cross Richard D $92,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $95,000 0.0% $119 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $95,000 -- $119 / 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 $1,425 $141,300 $14,400 $126,900
2023 $1,425 $123,200 $14,400 $108,800
2022 $1,232 $104,300 $14,400 $89,900
2021 $1,170 $98,500 $14,400 $84,100
2020 $884 $87,700 $14,400 $73,300
2019 $727 $73,300 $14,400 $58,900
2018 $1,592 $66,900 $14,400 $52,500
2017 $1,596 $66,600 $14,400 $52,200
2016 $1,569 $65,600 $14,400 $51,200
2014 $1,476 $64,800 $14,400 $50,400
2013 $1,296 $64,800 $14,400 $50,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Susan Hodges

    Carpenter, REALTORS®

    Section Image

  • N

    Buyer's Agent in 2019

    Naomi Forbes

    Trahan Realty Group

    Section Image

  • H

    Buyer's Agent in 2019

    Heather Perron

    Dropped Members

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21646498

MIBOR Broker Listing Cooperative®

APN: 49-12-36-115-023.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

5302 Margate Rd, Indianapolis, IN

This home is located at 5302 Margate Rd, Indianapolis, IN 46221 since 11 June 2019 and is currently estimated at $166,156, approximately $207 per square foot. This property was built in 1953. 5302 Margate Rd is a home located in Marion County with nearby schools including Blue Academy, Decatur Middle School, and Decatur Central High School.

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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