NOT LISTED FOR SALE

5362 E 40th St Indianapolis, IN 46226

Devington Neighborhood

Estimated Value: $146,000 - $190,000

3 Beds
2 Baths
1,850 Sq Ft
$94/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $52,500 $28 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $1,235/month

17 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 2 Car Garage
  • Fireplace in Basement
  • Combination Dining and Living Room
  • 2-minute walk to Doris Cowherd Park

About This Home

As of March 2019

Attention first time home buyers and investors. This is a 3 bedroom, with a large basement and plenty of storage in Lawrence Township. Home is being sold AS-IS, has lots of potential, with some updating if will be perfect for a family or investor!!

Last Agent to Sell the Property

Shannon Mcgibboney

Carpenter, REALTORS® License #RB17000388 Listed on: 01/19/2019

Carpenter, REALTORS®

Last Buyer's Agent

Maxwell Richter

Wilmoth Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,242

Year Built

  • Built in 1957

Lot Details

  • 6,578 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,850 Sq Ft Home
  • Combination Dining and Living Room
  • Attic Access Panel
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Sump Pump
  • Fireplace in Basement

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Utilities

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

Community Details

  • Glicks Hermans Liebermans Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490715116074000401

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,242

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1957
  • Garage Y N: Yes
  • Lot Size Acres: 0.151
  • Subdivision Name: GLICKS HERMANS LIEBERMANS
  • Inspection Warranties: Not Applicable
  • Property Description: Attention first time home buyers and investors. This is a 3 bedroom, with a large basement and plenty of storage in Lawrence Township. Home is being sold AS-IS, has lots of potential, with some updating if will be perfect for a family or investor!!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Finished Walls
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 1850
  • Other Equipment: Security Alarm Rented, Smoke Detector, Sump Pump
  • Room Count: 5
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 925
  • Main Level Sq Ft: 925
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1850
  • Below Grade Sq Ft: 925
  • Pct Optional Level Finished: 25-50%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 68000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detatched

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490715116074000401
  • Acres: <1/4 Acre
  • Lot Number: 41
  • Lot Size: 6,578

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1242
  • Semi Annual Property Tax Amt: 621
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2019
Closed on
Apr 25, 2019
Sold by
Sds Homes Llc
Bought by
Schroeder David
Seller's Agent
Shannon Mcgibboney
Carpenter, REALTORS®
Buyer's Agent
Maxwell Richter
Wilmoth Group
List Price
$68,000
Sold Price
$52,500
Premium/Discount to List
-$15,500
-22.79%
Current Estimated Value
$174,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,881
Avg. Annual Appreciation
18.67%
Original Mortgage
$36,749
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2019
Closed on
Mar 4, 2019
Sold by
Jefferson Allan and Jefferson Kim
Bought by
Sds Homes Llc
Seller's Agent
Shannon Mcgibboney
Carpenter, REALTORS®
Buyer's Agent
Maxwell Richter
Wilmoth Group
List Price
$68,000
Sold Price
$52,500
Premium/Discount to List
-$15,500
-22.79%
Source: Public Records

Range of Values:

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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
Schroeder David -- None Available
Sds Homes Llc $52,500 Hocker And Associates
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder David A $1,855,100
Closed Schroeder David $36,749
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2019 03/04/19 Sold $52,500 -22.8% $28 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
01/19/2019 01/19/19 For Sale $68,000 -- $37 / 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 $3,266 $143,300 $7,400 $135,900
2023 $3,266 $133,200 $7,400 $125,800
2022 $3,074 $125,800 $7,400 $118,400
2021 $2,076 $85,600 $7,400 $78,200
2020 $1,764 $71,900 $4,700 $67,200
2019 $1,730 $69,200 $4,700 $64,500
2018 $1,612 $63,700 $4,700 $59,000
2017 $1,334 $58,500 $4,700 $53,800
2016 $1,203 $53,600 $4,700 $48,900
2014 $1,433 $66,300 $4,700 $61,600
2013 $1,792 $86,200 $4,700 $81,500
Source: Public Records

Agents Affiliated with this Home

  • Shannon Mcgibboney

    Seller's Agent in 2019

    Shannon Mcgibboney

    Carpenter, REALTORS®

    (317) 496-2035

    1 in this area

    42 Total Sales

    Section Image

  • M

    Buyer's Agent in 2019

    Maxwell Richter

    Wilmoth Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21615231

MIBOR Broker Listing Cooperative®

APN: 49-07-15-116-074.000-401

Indiana Marion County Indianapolis 46226 Devington

5362 E 40th St, Indianapolis, IN

This home is located at 5362 E 40th St, Indianapolis, IN 46226 since 19 January 2019 and is currently estimated at $174,381, approximately $94 per square foot. This property was built in 1957. 5362 E 40th St is a home located in Marion County with nearby schools including Robert Lee Frost School 106, James Whitcomb Riley School 43, and Phalen Leadership Academy 93.

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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