$116,000
SOLD JUN 30, 2018
3 Beds
1.5 Baths
1,220 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

7% Below List Price

2 Days on Market

Highlights

  • 1-Story Property
  • Franklin Central High School Rated A-
  • Central Air

About This Home

As of June 2020

This home is located at 5401 Padre Ln, Indianapolis, IN 46237 and is currently priced at $116,000, approximately $95 per square foot. This property was built in 1982. 5401 Padre Ln is a home located in Marion County with nearby schools including Franklin Central High School, Gray Road Christian School, and Indianapolis Southside Christian Academy.

Last Agent to Sell the Property

Leslie Luebcke

Pursuit Realty, LLC License #RB14035407 Listed on: 05/21/2018

Co-Listed By

Sean Daniels

Daniels Real Estate License #RB18000528

Last Buyer's Agent

Phillip Glasser Jr.

New Home Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1982

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 1,220 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Arlington Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491503107039000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$890

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch,TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1982
  • Co List Office Phone: 317-585-8585
  • Garage Y N: No
  • Lot Size Acres: 0.22
  • Subdivision Name: ARLINGTON ACRES
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Disposal,Electric Oven,Range Hood,Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access,Screens Some,Wood Work Painted
  • Living Area: 1220
  • Other Equipment: Smoke Detector
  • Room Count: 8
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Breakfast Room,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1220
  • Main Level Sq Ft: 1220
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Bath Half
  • Total Sq Ft: 1220
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick,Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini,Driveway Concrete,Fence Full Rear
  • Foundation Details: Slab
  • List Price: 124900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None
  • Garage Parking Other: Guest Parking Premises,Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491503107039000300
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Tree Mature
  • Lot Number: 281
  • Lot Size: 60X158

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 890
  • Semi Annual Property Tax Amt: 445
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jul 6, 2020
Sold by
Miller Telesha
Bought by
Elliott Jeffrey K and Elliott Judith L
Seller's Agent
Scott Smith
Keller Williams Indy Metro S
Buyer's Agent
Jeffrey Elliott
Keller Williams Indy Metro S
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$123,500
Outstanding Balance
$110,436
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$93,483

Purchase Details

Listed on
May 21, 2018
Closed on
Jun 30, 2018
Sold by
Lynn Webster Michelle
Bought by
Talesha Miller
Seller's Agent
Leslie Luebcke
Pursuit Realty, LLC
Buyer's Agent
Phillip Glasser Jr.
New Home Realty, Inc.
List Price
$124,900
Sold Price
$116,000
Premium/Discount to List
-$8,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$113,898
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Listed on
May 24, 2016
Closed on
Aug 16, 2016
Sold by
Pagnard David G
Bought by
Webster Michelle Lynn
Seller's Agent
Michele Killinger
Carpenter, REALTORS®
Buyer's Agent
Deborah White
My Agent
List Price
$99,900
Sold Price
$94,900
Premium/Discount to List
-$5,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$93,180
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2007
Sold by
Schott Joseph A and Schott Angle M
Bought by
Pagnard David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2006
Sold by
Schott Joseph A
Bought by
Schott Joseph A and Schott Angie M
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 Type Sale Price Title Company
Warranty Deed -- Title Alliance
Deed $116,000 --
Warranty Deed $116,000 Mvp National Title
Warranty Deed -- Security Title Services
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $123,500 New Conventional
Previous Owner $113,898 FHA
Previous Owner $93,180 FHA
Previous Owner $78,450 New Conventional
Previous Owner $82,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $194,997 -2.5% $183 / Sq Ft
07/05/2025 07/05/25 Price Changed $199,900 -2.4% $188 / Sq Ft
06/26/2025 06/26/25 Price Changed $204,900 -1.5% $193 / Sq Ft
06/08/2025 06/08/25 For Sale $208,000 +60.0% $195 / Sq Ft
06/08/2020 06/08/20 Sold $130,000 0.0% $122 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $130,000 +12.1% $122 / Sq Ft
06/30/2018 06/30/18 Sold $116,000 -7.1% $95 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $124,900 +31.6% $102 / Sq Ft
08/16/2016 08/16/16 Sold $94,900 0.0% $78 / Sq Ft
06/23/2016 06/23/16 Off Market $94,900 -- --
06/08/2016 06/08/16 Price Changed $94,900 -5.0% $78 / Sq Ft
05/24/2016 05/24/16 For Sale $99,900 -- $82 / 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 $3,294 $179,600 $25,600 $154,000
2023 $3,294 $160,300 $25,600 $134,700
2022 $3,029 $147,100 $25,600 $121,500
2021 $1,487 $140,100 $25,600 $114,500
2020 $1,332 $124,800 $25,600 $99,200
2019 $1,250 $116,700 $17,100 $99,600
2018 $1,014 $98,300 $17,100 $81,200
2017 $968 $94,700 $17,100 $77,600
2016 $534 $65,700 $17,100 $48,600
2014 $1,064 $53,200 $17,100 $36,100
2013 $528 $53,200 $17,100 $36,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21563444

MIBOR Broker Listing Cooperative®

APN: 49-15-03-107-039.000-300