NOT LISTED FOR SALE

5307 Madison Ave Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $154,000 - $203,290

2 Beds
1 Bath
2,312 Sq Ft
$76/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2014

Last sale price $78,000 $34 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,245 / mo

46 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Garage
  • Covered Patio or Porch

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 License #RB14027252 Listed on: 04/07/2014

Co-Listed By

Jared Duncan

Mike Duncan Real Estate Group License #RB14030006

Last Buyer's Agent

Jared Nelson

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1955

Lot Details

  • 0.4

Parking

  • Garage

Home Design

  • 2,312 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Laundry in Basement
  • Basement Lookout

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 17,424 Sq Ft Lot

Community Details

  • Stantons Madison Ave 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

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1955
  • Garage Y N: Yes
  • Lot Size Acres: 0.4
  • Subdivision Name: STANTONS MADISON AVE
  • Inspection Warranties: Not Applicable
  • Property Description: 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.
  • Transaction Type: Sale
  • Website: www.homesbymikeduncan.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows
  • Appliances: Dryer,Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access,Wood Work Painted
  • Living Area: 2312
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Laundry in Basement
  • Eating Area: Eat In Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1156
  • Main Level Sq Ft: 1156
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 2312
  • Below Grade Sq Ft: 1156
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Full Rear,Fence Privacy
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached
  • Garage Parking Other: Finished Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491506122007000500
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Storm Sewer,Tree Mature
  • Lot Number: 0
  • Lot Size: .40

Tax Info

  • Tax Annual Amount: 1938
  • Semi Annual Property Tax Amt: 969
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

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
Bought by
Seller's Agent
Mike Duncan
Mike Duncan Real Estate Group
Buyer's Agent
Jared Nelson
Keller Williams Indpls Metro N
List Price
$85,000
Sold Price
$78,000
Premium/Discount to List
-$7,000
-8.24%
Current Estimated Value
$175,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,573
Avg. Annual Appreciation
6.94%
Original Mortgage
$76,587
Interest Rate
0.0387%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2006
Sold by
Bought by

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
0.0656%
Mortgage Type
New Conventional
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$78,000 Chicago Title Company Llc
-- 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 $76,587
Previous Owner $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 -8.2% $34 / Sq Ft
06/06/2014 06/06/14 For Sale $85,000 0.0% $37 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
05/09/2014 05/09/14 Price Changed $85,000 -5.6% $37 / Sq Ft
04/07/2014 04/07/14 For Sale $90,000 -- $39 / 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

    Seller's Agent in 2014

    Mike Duncan

    Mike Duncan Real Estate Group

    (317) 888-7000

    19 Total Sales

    Mike Duncan
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Jared Duncan

    Mike Duncan Real Estate Group

    (317) 888-7000

    Jared Duncan
    Section Image

  • J

    Buyer's Agent in 2014

    Jared Nelson

    Keller Williams Indpls Metro N

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21283718

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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