NOT LISTED FOR SALE

5402 Burgess Ave Indianapolis, IN 46219

Irvington Neighborhood

Estimated Value: $242,000 - $266,000

3 Beds
1 Bath
1,617 Sq Ft
$157/Sq Ft Est. Value

Highlights

  • Arts and Crafts Architecture
  • Breakfast Room
  • Forced Air Heating and Cooling System

About This Home

As of December 2018

This renovated & LARGE 3 Bed, 1 Bath unit is only a 5 minute bike to Historic Irvington and a quick drive to downtown Indy. The vintage home includes a covered front porch, original hardwood floors & trim throughout, Living Room, Dining Room, Updated Eat-in-Kitchen with Laminate Hardwood floors, Updated Bathroom, Large Bedrooms, private Basement for storage, & a large backyard! AC is included! Huge backyard. Must see. Won t last. Immediate Occupancy. Ask about Pet Policy.

Tenant pays $50/month addendum for Sewage, Water, and Gas. Tenant pays electricity bill directly to IPL.

Last Agent to Rent the Property

Phil Kirk

@properties License #RB16001859 Listed on: 08/29/2018

@properties

Last Renter's Agent

Ryan Rominger

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 0.27 Acre Lot

Home Design

  • Arts and Crafts Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Breakfast Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Hunters University Home Subdivision

Listing and Financial Details

  • Security Deposit $900
  • Tenant pays for electricity
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 491010111018000701

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity
  • Lease Price: 875.00
  • Min Lease Req: 12
  • Security Deposit: 900

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts&Crafts/Craftsman
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1926
  • Garage Y N: No
  • Lot Size Acres: 0.269
  • Subdivision Name: HUNTERS UNIVERSITY HOME
  • Property Description: This renovated & LARGE 3 Bed, 1 Bath unit is only a 5 minute bike to Historic Irvington and a quick drive to downtown Indy. The vintage home includes a covered front porch, original hardwood floors & trim throughout, Living Room, Dining Room, Updated Eat-in-Kitchen with Laminate Hardwood floors, Updated Bathroom, Large Bedrooms, private Basement for storage, & a large backyard! AC is included! Huge backyard. Must see. Won t last. Immediate Occupancy. Ask about Pet Policy. Tenant pays $50/month addendum for Sewage, Water, and Gas. Tenant pays electricity bill directly to IPL.
  • Transaction Type: Lease
  • Lifestyles: Double/Duplex
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Electric Cooktop,Dryer,Convection Oven,Refrigerator,Washer
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors,Windows Vinyl,Wood Work Painted
  • Living Area: 1617
  • Other Equipment: Not Applicable
  • Owner Pays: Other
  • Room Count: 2
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1176
  • Main Level Sq Ft: 588
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1617
  • Below Grade Sq Ft: 441
  • Upper Level Sq Ft: 588
  • Pct Optional Level Finished: 50-75%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • 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: 1
  • Water Heater: Gas

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491010111018000701
  • Acres: 1/4-1/2 Acre
  • Lot Number: 16
  • Lot Size: 11,718

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1926
  • Semi Annual Property Tax Amt: 963

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2022
Sold by
Tomasik Drew J
Bought by
Stealth Ventures Llc
Current Estimated Value
$254,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Outstanding Balance
$429,541
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
-$175,541

Purchase Details

Closed on
Nov 21, 2019
Sold by
Stealth Ventures Llc
Bought by
Tomasik Drew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2018
Sold by
Member Rafael Hernandez
Bought by
Member Drew Tomasik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2014
Sold by
Fountain Square Builders Llc
Bought by
Golden Age Investments Llc

Purchase Details

Closed on
May 9, 2014
Sold by
Enderlin Eugene Dale and Eugene Enderlin Trust
Bought by
Fountain Square Builders Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stealth Ventures Llc -- Drake Andrew R
Tomasik Drew J -- Chicago Title
Member Drew Tomasik $50,000 --
Stealth Ventures Llc $50,000 Meridian Title Corporation
Golden Age Investments Llc -- None Available
Fountain Square Builders Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stealth Ventures Llc $517,500
Previous Owner Tomasik Drew J $88,000
Previous Owner Stealth Ventures Llc $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Rented $875 0.0% --
09/24/2018 09/24/18 Price Changed $875 -2.8% $1 / Sq Ft
08/29/2018 08/29/18 For Rent $900 -- --
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 $5,392 $217,500 $9,100 $208,400
2023 $5,392 $221,500 $9,100 $212,400
2022 $3,817 $155,900 $9,100 $146,800
2021 $3,698 $154,500 $9,100 $145,400
2020 $2,732 $112,300 $16,100 $96,200
2019 $2,756 $111,300 $16,100 $95,200
2018 $2,478 $98,700 $16,100 $82,600
2017 $2,050 $90,700 $16,100 $74,600
2016 $2,064 $93,500 $16,100 $77,400
2014 $1,855 $86,000 $16,100 $69,900
2013 $1,922 $84,900 $16,100 $68,800
Source: Public Records

Agents Affiliated with this Home

  • Phil Kirk

    Landlord's Agent in 2018

    Phil Kirk

    @properties

    (317) 250-5261

    1 in this area

    84 Total Sales

    Phil Kirk
    Section Image

  • R

    Tenant's Agent in 2018

    Ryan Rominger

    Compass Indiana, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21592614

MIBOR Broker Listing Cooperative®

APN: 49-10-10-111-018.000-701

Indiana Marion County Indianapolis 46219 Irvington

5402 Burgess Ave, Indianapolis, IN

Not Listed for Sale

Detached

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