NOT LISTED FOR SALE

5307 Madison Ave Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $182,858

2 Beds
1 Bath
1,156 Sq Ft
$158/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2014

Last sale price $78,000 $67 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,321 / mo

39 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Woodwork
  • Formal Dining Room
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of June 2014

Freshly painted interior and new flooring help make this a move in ready home for you to enjoy and available at closing! Brick ranch home with western exposure for natural lighting. Large gathering room flows to eating area and nice size kitchen with plenty of cabinet space. Covered patio overlooking full privacy fenced rear yard with mature trees. Bedrooms located off full bath and offers nice size closet space. Full basement with daylight windows.

Last Agent to Sell the Property

Mike Duncan

Mike Duncan Real Estate Group Brokerage Email: mike@duncansemail.com License #RB14027252 Listed on: 04/07/2014

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1955

Lot Details

  • 0.4

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,156 Sq Ft Home
  • Woodwork
  • Formal Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Indianapolis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491506122007000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,938

Year Built

Built in 1955

Lot Details

0.4 Acres

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1955
  • Building Area Total: 2312
  • Garage Y N: Yes
  • Subdivision Name: Indianapolis
  • Transaction Type: Sale
  • Utility Prim Sewage Disp: Municipal Sewer Connected
  • Attribution Contact: mike@duncansemail.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Appliances: Dryer, Washer, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Attic Access, Wood Work Painted, Eat-in Kitchen, Primary Bedroom on Main
  • Living Area: 1156
  • Other Equipment: Smoke Alarm
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1156
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • MBR_RoomFlooring: Carpeting
  • MBR_RoomFlooring: Carpeting
  • MBR_RoomFlooring: Carpeting
  • MBR_RoomFlooring: Carpeting
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Other

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Fencing: Full, Privacy
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Concrete

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Features: Sidewalks, Storm Sewer
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.4
  • Parcel Number: 491506122007000500
  • Acres: <1/2 Acre

Tax Info

  • Tax Annual Amount: 1938
  • Semi Annual Property Tax Amt: 969

MLS Schools

  • Schools: 1170,10640,100590

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jun 30, 2014
Sold by
Kitchens Gerald T
Bought by
Seller's Agent
Mike Duncan
Mike Duncan Real Estate Group
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$90,000
Sold Price
$78,000
Premium/Discount to List
-$12,000
-13.33%
Current Estimated Value
$182,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,858
Avg. Annual Appreciation
7.22%
Original Mortgage
$76,587
Outstanding Balance
$55,752
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$127,106

Purchase Details

Closed on
May 1, 2006
Sold by
Southeastern Insurance Agency Inc
Bought by
Kitchens Gerald T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.56%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Edgewood, IN

  • Summer Hudson Real Estate Agent - eXp Realty, LLC

    Summer Hudson

    eXp Realty, LLC

    (463) 465-5943

    427 Total Sales

    2 in Edgewood

    $235K - $375K Price Range

    Summer Hudson
     Section Image
  • Eric Forney Real Estate Agent - Keller Williams Indy Metro Partners

    Eric Forney

    Keller Williams Indy Metro Partners

    (463) 215-6116

    993 Total Sales

    2 in Edgewood

    $107K - $220K Price Range

    Eric Forney
     Section Image
  • Devina Cagle Real Estate Agent - Indy House and Home

    Devina Cagle

    Indy House and Home

    (888) 502-3127

    89 Total Sales

    1 in Edgewood

    $125,000 Price

    Devina Cagle
     Section Image
  • Lisa Bohr Real Estate Agent - Berkshire Hathaway Home

    Lisa Bohr

    Berkshire Hathaway Home

    (317) 854-4905

    81 Total Sales

    1 in Edgewood

    $165,000 Price

    Lisa Bohr
     Section Image
  • Derrin Phoenix Real Estate Agent - Carpenter, REALTORS®

    Derrin Phoenix

    Carpenter, REALTORS®

    (833) 983-5492

    178 Total Sales

    1 in Edgewood

    $200,000 Price

    Derrin Phoenix
     Section Image
  • Brian Wignall Real Estate Agent - F.C. Tucker Company

    Brian Wignall

    F.C. Tucker Company

    (877) 506-2672

    347 Total Sales

    1 in Edgewood

    $189,900 Price

    Brian Wignall
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company Llc
Trible Megan L $78,000 Chicago Title Company Llc
Kitchens Gerald T -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $9,808
Open Trible Megan L $76,587
Previous Owner Kitchens Gerald T $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $78,000 -13.3% $67 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $90,000 -- $78 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,373 $149,900 $14,700 $135,200
2024 $3,499 $132,500 $14,700 $117,800
2023 $3,499 $133,400 $14,700 $118,700
2022 $3,259 $124,000 $14,700 $109,300
2021 $2,905 $108,700 $14,700 $94,000
2020 $2,650 $98,400 $14,700 $83,700
2019 $2,518 $92,900 $13,200 $79,700
2018 $2,328 $86,600 $13,200 $73,400
2017 $2,290 $85,100 $13,200 $71,900
2016 $2,231 $82,800 $13,200 $69,600
2014 $1,944 $80,700 $13,200 $67,500
2013 $1,962 $80,700 $13,200 $67,500
Source: Public Records

Agents Affiliated with this Home

  • Mike Duncan Real Estate Agent - Mike Duncan Real Estate Group

    Seller's Agent in 2014

    Mike Duncan

    Mike Duncan Real Estate Group

    (317) 888-7000

    16 Total Sales

    Mike Duncan
    Section Image

  • NM

    Buyer's Agent in 2014

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21400634S

MIBOR Broker Listing Cooperative®

APN: 49-15-06-122-007.000-500

Indiana Marion County Indianapolis 46227 Edgewood

5307 Madison Ave, Indianapolis, IN

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® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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