NOT LISTED FOR SALE

5324 Margate Rd Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $218,000 - $228,249

3 Beds
2 Baths
1,323 Sq Ft
$169/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2020

Last sale price $153,000 $116 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,382 / mo

Highlights

  • 1.5-Story Property
  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room
  • Covered Patio or Porch
  • Water Softener is Owned
  • Ceiling Fan

About This Home

As of December 2020

Looking for a well-maintained home? This home sits on 2 lots and has fenced back yard. 3 bedrooms with 2 full baths, large detached garage for a hobbyist or car enthusiast. Lovely covered porch with retractable awning. Great home for 1st home owner or investor.

Last Agent to Sell the Property

Pamela Prough

Carpenter, REALTORS® License #RB14043412 Listed on: 10/16/2020

Carpenter, REALTORS®

Last Buyer's Agent

Lindsay Jones

The Stewart Home Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1950

Lot Details

  • 13,939 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • 1.5-Story Property
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Sump Pump
  • Permanent Attic Stairs
  • Fire and Smoke Detector
  • Gas Oven
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Newlynn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491236115020000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,468

Year Built

Built in 1950

Lot Details

0.32 Acres

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1950
  • Garage Y N: Yes
  • Lot Size Acres: 0.32
  • Subdivision Name: NEWLYNN
  • Inspection Warranties: General
  • Property Description: Looking for a well-maintained home? This home sits on 2 lots and has fenced back yard. 3 bedrooms with 2 full baths, large detached garage for a hobbyist or car enthusiast. Lovely covered porch with retractable awning. Great home for 1st home owner or investor.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Oven, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Stairway, Windows Vinyl
  • Living Area: 1323
  • Other Equipment: Smoke Detector, Sump Pump, Water-Softener Owned
  • Room Count: 8
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1323
  • Main Level Sq Ft: 1059
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull with Shower
  • Total Sq Ft: 1323
  • Kitchen Features: Kitchen Galley,Pantry
  • Upper Level Sq Ft: 264

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Gas
  • Garage Parking Description: Attached,Carport,Detached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491236115020000200
  • Acres: 1/4-1/2 Acre
  • Lot Number: 39 & 40
  • Lot Size: 13,939

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1468
  • Semi Annual Property Tax Amt: 734
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Decatur Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 7, 2020
Sold by
Lyke Carolyn J
Bought by
Harrison Charlene M
Seller's Agent
Pamela Prough
Carpenter, REALTORS®
Buyer's Agent
Lindsay Jones
The Stewart Home Group
List Price
$149,000
Sold Price
$153,000
Premium/Discount to List
$4,000
2.68%
Current Estimated Value
$223,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,312
Avg. Annual Appreciation
7.23%
Original Mortgage
$150,228
Outstanding Balance
$133,682
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$89,630
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

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
Harrison Charlene M $153,000 Chicago Title
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 Harrison Charlene M $150,228
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $153,000 +2.7% $116 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $149,000 -- $113 / 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 $2,281 $201,600 $21,600 $180,000
2024 $2,655 $204,900 $21,600 $183,300
2023 $2,655 $177,000 $21,600 $155,400
2022 $2,270 $150,100 $21,600 $128,500
2021 $2,179 $139,800 $21,600 $118,200
2020 $1,346 $128,000 $21,600 $106,400
2019 $1,468 $128,000 $21,600 $106,400
2018 $1,374 $116,300 $21,600 $94,700
2017 $1,324 $114,100 $21,600 $92,500
2016 $1,702 $112,800 $21,600 $91,200
2014 $1,520 $108,700 $21,600 $87,100
2013 $1,395 $108,700 $21,600 $87,100
Source: Public Records

Agents Affiliated with this Home

  • Pamela Prough

    Seller's Agent in 2020

    Pamela Prough

    Carpenter, REALTORS®

    (574) 238-0804

    157 Total Sales

    Pamela Prough
    Section Image

  • L

    Buyer's Agent in 2020

    Lindsay Jones

    The Stewart Home Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21746060

MIBOR Broker Listing Cooperative®

APN: 49-12-36-115-020.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

5324 Margate Rd, 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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