NOT LISTED FOR SALE

5321 Traditions Dr Indianapolis, IN 46235

Estimated Value: $173,000 - $195,531

3 Beds
2 Baths
1,490 Sq Ft
$123/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $100,000 $67 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,088/month

58 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Combination Kitchen and Dining Room
  • Thermal Windows
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

Where else can you find a move in rent ready home built post 1992 for this price? CAP rate should look good on this home! All newer vinyl flooring and carpeting. Fresh neutral paint and updated light fixtures. This location is close to shopping and restaurants.

Last Agent to Sell the Property

Jason DeArman

Midwest Land Group License #RB14050139 Listed on: 03/16/2019

Midwest Land Group

Co-Listed By

Kara DeArman

F.C. Tucker Company License #RB14048408

Last Buyer's Agent

Jim Trueblood

Trueblood Real Estate

Trueblood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1992

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Traditions Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490809100038000407

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,348

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1992
  • Co List Office Phone: 317-259-6000
  • Garage Y N: No
  • Lot Size Acres: 0.1
  • Subdivision Name: TRADITIONS
  • Inspection Warranties: Not Applicable
  • Property Description: Where else can you find a move in rent ready home built post 1992 for this price? CAP rate should look good on this home! All newer vinyl flooring and carpeting. Fresh neutral paint and updated light fixtures. This location is close to shopping and restaurants.
  • Transaction Type: Sale
  • Website: http://www.dearmanpropertygroup.com/
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Windows Thermal
  • Living Area: 1490
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1490
  • Main Level Sq Ft: 918
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1490
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 572

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Corporate Owned
  • Foundation Details: Slab
  • List Price: 109000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490809100038000407
  • Acres: <1/4 Acre
  • Lot Number: 66
  • Lot Size: 0.11 AC

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1348
  • Semi Annual Property Tax Amt: 674
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2019
Closed on
Jun 3, 2019
Sold by
American Residential Leasing Co
Bought by
Lynch Nicole J
Seller's Agent
Jason DeArman
Midwest Land Group
Buyer's Agent
Jim Trueblood
Trueblood Real Estate
List Price
$109,000
Sold Price
$100,000
Premium/Discount to List
-$9,000
-8.26%
Current Estimated Value
$182,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,883
Avg. Annual Appreciation
10.46%
Original Mortgage
$96,662
Outstanding Balance
$85,489
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$98,122

Purchase Details

Closed on
Mar 1, 2013
Sold by
Armstrong Investments and Armstrong Investment Group Llc
Bought by
American Residential Leasing Company

Purchase Details

Closed on
Jan 16, 2013

Purchase Details

Closed on
Mar 18, 2009
Sold by
National City Bank
Bought by
Armstrong Investment Group Llc

Purchase Details

Closed on
Jun 12, 2008
Sold by
Woodard James H and Southern Dunes Homeowners Assn
Bought by
National City Bank
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
Lynch Nicole J $100,000 Meridian Title Corporation
American Residential Leasing Company -- --
-- $2,044,400 --
Armstrong Investment Group Llc -- None Available
National City Bank $51,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Nicole J $96,662
Previous Owner Armstrong Investment Group Llc $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2019 07/10/19 Sold $100,000 -8.3% $67 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $109,000 0.0% $73 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $109,000 0.0% $73 / Sq Ft
07/31/2015 07/31/15 Rented $800 -5.9% --
07/31/2015 07/31/15 Under Contract -- -- --
06/28/2015 06/28/15 For Rent $850 +21.4% --
04/08/2014 04/08/14 Rented $700 0.0% --
04/08/2014 04/08/14 Under Contract -- -- --
03/27/2014 03/27/14 For Rent $700 -- --
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 $1,104 $117,300 $14,800 $102,500
2023 $1,104 $117,300 $14,800 $102,500
2022 $932 $97,700 $14,800 $82,900
2021 $937 $95,100 $14,800 $80,300
2020 $967 $95,600 $7,800 $87,800
2019 $514 $71,500 $7,800 $63,700
2018 $1,375 $66,400 $7,800 $58,600
2017 $1,393 $67,400 $7,800 $59,600
2016 $1,351 $65,400 $7,800 $57,600
2014 $1,400 $70,000 $7,800 $62,200
2013 $1,390 $70,000 $7,800 $62,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21627250

MIBOR Broker Listing Cooperative®

APN: 49-08-09-100-038.000-407