NOT LISTED FOR SALE

5349 Drum Rd Indianapolis, IN 46216

Estimated Value: $237,000 - $248,000

2 Beds
2 Baths
2,286 Sq Ft
$106/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $225,000 $98 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,513/month

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Woodwork
  • Ranch Style House
  • 2 Car Attached Garage
  • 5-minute walk to Lawrence Parks Department

About This Home

As of May 2022

Well maintained 2BR/2BA ranch w/ basement near Fort Benjamin! Corner lot w/ oversized 2-car garage.

Last Agent to Sell the Property

Jade McGillem

Offerpad Brokerage, LLC Listed on: 03/14/2022

Last Buyer's Agent

Bobby Munden

Acup Team, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,810

Year Built

  • Built in 2003

Lot Details

  • 5,663

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Concrete Perimeter Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,286 Sq Ft Home
  • Woodwork
  • Vaulted Ceiling
  • Vinyl Clad Windows
  • Family or Dining Combination
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • 5,663 Sq Ft Lot

Community Details

  • Association fees include maintenance
  • Benjamin Square Subdivision
  • Property managed by Kirkpatrick

Listing and Financial Details

  • Assessor Parcel Number 490807104052000407

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,810

Year Built

Built in 2003

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Builder Name: Ryland
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 2003
  • Building Area Total: 2286
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • Subdivision Name: BENJAMIN SQUARE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Disposal, Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Windows Vinyl, Wood Work Painted
  • Other Equipment: Network Ready, Security Alarm Rented, Smoke Detector, Sump Pump
  • Areas Interior: Bath Sinks Double Main,Bedroom Other on Main,Foyer Small,Laundry Room Main Level
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1233
  • Main Level Sq Ft: 1233
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Sinks Double,TubFull
  • Kitchen Features: Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 1053
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Side Load Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 203
  • Association Fee Frequency: Semi-Annually
  • Management Company Name: Kirkpatrick
  • Management Company Phone: 317-570-4358

Fee Information

  • Association Fee Includes: Entrance Common, Maintenance

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490807104052000407
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Storm Sewer,Trees Small
  • Lot Number: 165
  • Lot Size: 0.13 AC

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3810
  • Semi Annual Property Tax Amt: 1905
  • Tax Exemption: MortageTaxExemption

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Jun 2, 2022
Sold by
Jacob Dines
Bought by
Sumner Michael L
Seller's Agent
Jade McGillem
Offerpad Brokerage, LLC
Buyer's Agent
Bobby Munden
Acup Team, LLC
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$242,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,967
Avg. Annual Appreciation
2.11%
Original Mortgage
$220,924
Outstanding Balance
$210,624
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$32,343

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 3, 2021
Sold by
Richards Leana J
Bought by
Dines Jacob
Seller's Agent
Russell Coston
Realty of America LLC
Buyer's Agent
Ryan McDuffee
eXp Realty, LLC
List Price
$180,000
Sold Price
$190,000
Premium/Discount to List
$10,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.71%
Original Mortgage
$180,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2009
Sold by
Barnes Miranda
Bought by
Richards Leana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,461
Interest Rate
5.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dines Jacob $190,000 None Available
Richards Leana J -- First American Title Ins Co
Sumner Michael L $225,000 Hall Render Killian Heath & Ly
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumner Michael L $220,924
Closed Sumner Michael L $13,500
Previous Owner Dines Jacob $180,500
Previous Owner Richards Leana J $110,461
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $225,000 0.0% $98 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $225,000 +18.4% $98 / Sq Ft
06/04/2021 06/04/21 Sold $190,000 +5.6% $83 / Sq Ft View Prior Sale
05/10/2021 05/10/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $180,000 -- $79 / 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 $2,513 $222,200 $35,000 $187,200
2023 $2,513 $227,000 $35,000 $192,000
2022 $2,418 $211,000 $35,000 $176,000
2021 $2,111 $186,100 $35,000 $151,100
2020 $3,861 $170,000 $25,400 $144,600
2019 $1,363 $131,400 $25,400 $106,000
2018 $1,213 $119,700 $25,400 $94,300
2017 $1,095 $111,700 $25,400 $86,300
2016 $1,071 $110,600 $25,400 $85,200
2014 $865 $103,800 $25,400 $78,400
2013 $1,166 $121,200 $25,400 $95,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jade McGillem

    Offerpad Brokerage, LLC

    Section Image

  • B

    Buyer's Agent in 2022

    Bobby Munden

    Acup Team, LLC

    Section Image

  • R

    Seller's Agent in 2021

    Russell Coston

    Realty of America LLC

    (317) 844-5111

    1 in this area

    13 Total Sales

    Russell Coston
    Section Image

  • R

    Buyer's Agent in 2021

    Ryan McDuffee

    eXp Realty, LLC

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21842769

MIBOR Broker Listing Cooperative®

APN: 49-08-07-104-052.000-407

Indiana Marion County Indianapolis 46216

5349 Drum Rd, Indianapolis, IN

Not Listed for Sale

Detached

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