NOT LISTED FOR SALE

5310 Margate Rd Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $151,000 - $178,000

4 Beds
1 Bath
1,154 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $150,000 $130 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $988/month

70 Days on Market

Highlights

  • Updated Kitchen
  • Bungalow
  • Central Air
  • No HOA
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of February 2024

Wow! Amazing! Wonderful 4 bedroom RANCH in popular NEWLYNN community. Great neighborhood location and proximity to everything one needs! Spacious floor plan, Inside has lots of windows for natural light, fresh neutral paint throughout the house interior and exterior, Hardwood flooring in Living room and all bedrooms, new luxury vinyl plank flooring kitchen, utility room and living room throughout. Stunning kitchen with lovely stainless steel appliances with built-in microwave. Perfectly sized lot with mini barn. large deck you can sit and cool breeze. Perfect for a large gathering or entertaining. Easy access to downtown, I-465 and I-70 - all for an outstanding price! MUST SEE!

Last Agent to Sell the Property

Joshua Vida

Paradigm Realty Solutions Brokerage Email: jvida@realtyparadigm.com License #RB14030173 Listed on: 11/01/2023

Last Buyer's Agent

Dennis Hoskins

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1950

Lot Details

  • 7,013 Sq Ft Lot

Home Design

  • Bungalow
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,154 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Combination Dining and Living Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 491236115044000200

Community Details

Overview

  • No Home Owners Association
  • Newlynn Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,158

Year Built

Built in 1950

Lot Details

7,013 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1950
  • Building Area Total: 1154
  • Garage Y N: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Newlynn
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jvida@realtyparadigm.com
  • Attribution Contact: jvida@realtyparadigm.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Common Laundry, Gas Cooktop, Dishwasher, Disposal, Microwave, Oven, Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Screens Some
  • Living Area: 1154
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1154
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • ResoLivingAreaSource: Plans

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Central Electric
  • Heating: Heat Pump
  • Laundry Features: Common Laundry, Connections All
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 7013
  • Parcel Number: 491236115044000200
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1158
  • Tax Lot: 35
  • Semi Annual Property Tax Amt: 579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Feb 7, 2024
Sold by
Hv Inv In Ii Llc
Bought by
Jenkins Nicholas
Seller's Agent
Joshua Vida
Paradigm Realty Solutions
Buyer's Agent
Dennis Hoskins
F.C. Tucker Company
List Price
$149,000
Sold Price
$150,000
Premium/Discount to List
$1,000
0.67%
Views
194
Current Estimated Value
$167,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,751
Avg. Annual Appreciation
5.44%
Original Mortgage
$142,500
Outstanding Balance
$139,130
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$28,621

Purchase Details

Listed on
Nov 1, 2023
Closed on
Feb 5, 2024
Sold by
Hv Inv In Ii Llc
Bought by
Jenkins Nicholas
Seller's Agent
Joshua Vida
Paradigm Realty Solutions
Buyer's Agent
Dennis Hoskins
F.C. Tucker Company
List Price
$149,000
Sold Price
$150,000
Premium/Discount to List
$1,000
0.67%
Views
194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Outstanding Balance
$139,130
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$28,621

Purchase Details

Listed on
Aug 13, 2021
Closed on
Jun 9, 2022
Sold by
Catalina Realties Llc
Bought by
Hv Inv In Ii Llc
Seller's Agent
Chandra Sekhar Alokam
Forthright Real Estate
Buyer's Agent
Jamie Shurig
F.C. Tucker Company
List Price
$143,500
Sold Price
$165,000
Premium/Discount to List
$21,500
14.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.45%
Original Mortgage
$132,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 9, 2021
Sold by
Simple Quarters Llc
Bought by
Catalina Realties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 2021
Sold by
Snider Steve W
Bought by
Simple Quarters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2021
Sold by
Snider Steve W
Bought by
Simple Quarters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2013
Sold by
Kinnett Russell W
Bought by
Snider Steve W

Purchase Details

Closed on
Jul 5, 2013
Sold by
Sampley Phillip K
Bought by
Kinnett Russell

Purchase Details

Closed on
Oct 8, 2004
Sold by
Weaver Karen Kay
Bought by
Sampley Phillip Kent
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jenkins Nicholas -- Chicago Title
Jenkins Nicholas $150,000 Chicago Title
Hv Inv In Ii Llc -- Bray Miranda D
Catalina Realties Llc $85,000 None Available
Simple Quarters Llc -- None Listed On Document
Simple Quarters Llc $65,189 None Available
Snider Steve W -- --
Kinnett Russell -- --
Sampley Phillip Kent -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Nicholas $142,500
Closed Jenkins Nicholas $142,500
Previous Owner Hv Inv In Ii Llc $132,000
Previous Owner Catalina Realties Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2024 02/08/24 Sold $150,000 +0.7% $130 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
11/21/2023 11/21/23 For Sale $149,000 0.0% $129 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $149,000 -9.7% $129 / Sq Ft
11/01/2023 11/01/23 For Sale $165,000 0.0% $143 / Sq Ft
05/27/2022 05/27/22 Sold $165,000 +15.0% $143 / Sq Ft View Prior Sale
05/01/2022 05/01/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $143,500 -13.0% $124 / Sq Ft
03/10/2022 03/10/22 Off Market $165,000 -- --
03/10/2022 03/10/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $143,500 -13.0% $124 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
01/31/2022 01/31/22 For Sale -- -- --
12/25/2021 12/25/21 Pending -- -- --
12/18/2021 12/18/21 For Sale -- -- --
12/03/2021 12/03/21 Off Market $165,000 -- --
12/01/2021 12/01/21 For Sale -- -- --
10/12/2021 10/12/21 Off Market $165,000 -- --
10/06/2021 10/06/21 For Sale -- -- --
10/04/2021 10/04/21 Off Market $165,000 -- --
09/13/2021 09/13/21 For Sale -- -- --
09/07/2021 09/07/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $167,900 -- $145 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $1,375 $124,200 $14,400 $109,800
2024 $2,526 $126,100 $14,400 $111,700
2023 $2,526 $109,100 $14,400 $94,700
2022 $1,289 $92,700 $14,400 $78,300
2021 $1,242 $50,500 $14,400 $36,100
2020 $1,136 $49,900 $14,400 $35,500
2019 $1,225 $49,900 $14,400 $35,500
2018 $1,124 $46,100 $14,400 $31,700
2017 $1,138 $46,200 $14,400 $31,800
2016 $1,120 $45,600 $14,400 $31,200
2014 $1,483 $64,800 $14,400 $50,400
2013 $1,303 $64,800 $14,400 $50,400
Source: Public Records

Agents Affiliated with this Home

  • Joshua Vida

    Seller's Agent in 2024

    Joshua Vida

    Paradigm Realty Solutions

    (574) 626-8432

    2 in this area

    719 Total Sales

    Joshua Vida
    Section Image

  • D

    Buyer's Agent in 2024

    Dennis Hoskins

    F.C. Tucker Company

    Section Image

  • C

    Seller's Agent in 2022

    Chandra Sekhar Alokam

    Forthright Real Estate

    Section Image

  • J

    Buyer's Agent in 2022

    Jamie Shurig

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21951312

MIBOR Broker Listing Cooperative®

APN: 49-12-36-115-044.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

5310 Margate Rd, Indianapolis, IN

Not Listed for Sale

Detached

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Based on information submitted to the MLS GRID

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