NOT LISTED FOR SALE

5308 Terrace Ave Indianapolis, IN 46203

Southeast Indianapolis Neighborhood

Estimated Value: $59,000 - $65,454

1 Bed
1 Bath
600 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $42,000 $70 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $351/month

7 Days on Market

Highlights

  • Mature Trees
  • Woodwork
  • Forced Air Heating System
  • Formal Dining Room
  • 1-Story Property

About This Home

As of October 2020

Fixer-upper or Investors Special! Great investment opportunity to either fix this it up or tear down and build a new home. Very nice lot. Utilities are on site.

Last Agent to Sell the Property

Phil Hotle

RE/MAX At The Crossing License #RB14041637 Listed on: 10/05/2020

RE/MAX At The Crossing

Last Buyer's Agent

Jesus Cuevas

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $444

Year Built

  • Built in 1900

Lot Details

  • 0.43 Acre Lot
  • Mature Trees

Home Design

  • Slab Foundation

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Formal Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Schillings Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491015100012000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$444

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1900
  • Garage Y N: No
  • Lot Size Acres: 0.425
  • Subdivision Name: SCHILLINGS TERRACE
  • Inspection Warranties: Not Applicable
  • Property Description: Fixer-upper or Investors Special! Great investment opportunity to either fix this it up or tear down and build a new home. Very nice lot. Utilities are on site.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Wood Work Painted
  • Living Area: 600
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 600
  • Main Level Sq Ft: 600
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 600

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 39000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491015100012000700
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 5
  • Lot Size: 18,513

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 444
  • Semi Annual Property Tax Amt: 222
  • Tax Exemption: None

MLS Schools

  • School District: Warren Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Oct 23, 2020
Sold by
Schell Kevin W and Schell Barbara D
Bought by
Barradas Marco Antonio
Seller's Agent
Phil Hotle
RE/MAX At The Crossing
Buyer's Agent
Jesus Cuevas
Carpenter, REALTORS®
List Price
$39,000
Sold Price
$42,000
Premium/Discount to List
$3,000
7.69%
Current Estimated Value
$62,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,818
Avg. Annual Appreciation
15.18%

Purchase Details

Closed on
Jul 1, 2019
Sold by
Mullenik Marvin and Mullenik Darlene
Bought by
Schell Kevin W and Schell Barbara D
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
Barradas Marco Antonio $42,000 Enterprise Title
Barradas Marco Antonio $42,000 Enterprise Title
Schell Kevin W -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $42,000 +7.7% $70 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $39,000 -- $65 / 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 $109 $15,800 $15,700 $100
2023 $109 $15,800 $15,700 $100
2022 $303 $27,900 $15,700 $12,200
2021 $301 $25,800 $15,700 $10,100
2020 $669 $25,800 $15,700 $10,100
2019 $541 $20,100 $10,000 $10,100
2018 $539 $20,100 $10,000 $10,100
2017 $494 $20,100 $10,000 $10,100
2016 $486 $19,800 $10,000 $9,800
2014 $388 $19,400 $10,000 $9,400
2013 $386 $19,400 $10,000 $9,400
Source: Public Records

Agents Affiliated with this Home

  • Phil Hotle

    Seller's Agent in 2020

    Phil Hotle

    RE/MAX At The Crossing

    (317) 919-8504

    1 in this area

    42 Total Sales

    Phil Hotle
    Section Image

  • J

    Buyer's Agent in 2020

    Jesus Cuevas

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21744099

MIBOR Broker Listing Cooperative®

APN: 49-10-15-100-012.000-700

Indiana Marion County Indianapolis 46203 Southeast Indianapolis

5308 Terrace Ave, Indianapolis, IN

This home is located at 5308 Terrace Ave, Indianapolis, IN 46203 since 05 October 2020 and is currently estimated at $62,818, approximately $104 per square foot. This property was built in 1900. 5308 Terrace Ave is a home located in Marion County with nearby schools including Lowell Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle 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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