NOT LISTED FOR SALE

5406 E 71st St Indianapolis, IN 46220

Allisonville Neighborhood

Estimated Value: $245,000 - $342,446

3 Beds
2.5 Baths
1,863 Sq Ft
$148/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $244,000 $131 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,575/month

10 Days on Market

Highlights

  • Mature Trees
  • Ranch Style House
  • Enclosed Glass Porch
  • Allisonville Elementary School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of November 2024

Beautiful 3 bedroom ranch in highly sought after Steinmeier neighborhood. This home has a huge .4 acre lot for all of your outdoor entertaining desires! Gleaming hardwood floors in bedrooms, dining and hallways and likely under carpet in living rooms. Nice 2 car attached garage and large laundry/mud room upon entering through garage. Bring your vision with a little TLC and make this home shine again! This is a HUD owned listing and they will only allow owner occupant offers for the first 10 days on market. No investor offers during this time. No exceptions.

Last Agent to Sell the Property

Chris Duke

Elite Indy Realty Group Brokerage Email: chris@eliteindygroup.com License #RB14048730 Listed on: 09/23/2024

Co-Listed By

Timothy Moffitt

Elite Indy Realty Group Brokerage Email: chris@eliteindygroup.com License #RB15001479

Last Buyer's Agent

Perla Palma

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1963

Lot Details

  • 0.4 Acre Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,863 Sq Ft Home
  • Built-in Bookshelves
  • Paddle Fans
  • Fireplace With Gas Starter
  • Vinyl Clad Windows
  • Wood Frame Window
  • Window Screens
  • Family Room with Fireplace
  • Formal Dining Room
  • Sump Pump with Backup
  • Attic Access Panel
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Enclosed Glass Porch
  • Shed

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Steinmeier Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 490228115056000800
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,486

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1963
  • Building Area Total: 1863
  • Garage Y N: Yes
  • Lot Size Acres: 0.4
  • Subdivision Name: Steinmeier
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: chris@eliteindygroup.com
  • Attribution Contact: chris@eliteindygroup.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Gas Water Heater, Electric Oven, Range Hood, Refrigerator, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Hardwood Floors, Screens Some, Windows Vinyl, Windows Wood, Paddle Fan, Pantry
  • Living Area: 1863
  • Other Equipment: Smoke Alarm, Sump Pump Dual
  • Areas Interior: Living Room Formal,Bedroom Other on Main
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1863
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Disclosures: BankOwned
  • Exterior Features: Barn Mini
  • Fencing: Partial
  • Foundation Details: Block
  • Patio And Porch Features: Glass Enclosed, Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: Yes

Lot Info

  • Lot Features: Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 17511
  • Parcel Number: 490228115056000800
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1486
  • Tax Lot: 31
  • Semi Annual Property Tax Amt: 743
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Nov 26, 2024
Sold by
Secretary Of Housing And Urban Developme
Bought by
Gonzalez Raul Diaz
Seller's Agent
Chris Duke
Elite Indy Realty Group
Buyer's Agent
Perla Palma
Carpenter, REALTORS®
List Price
$240,000
Sold Price
$244,000
Premium/Discount to List
$4,000
1.67%
Views
61
Current Estimated Value
$275,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,112
Avg. Annual Appreciation
11.64%
Original Mortgage
$199,700
Outstanding Balance
$197,559
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$77,553

Purchase Details

Closed on
Jul 24, 2024
Sold by
Chapman Shirley J
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Aug 26, 2009
Sold by
Stanley Leslie V and Stanley Diana Stanley
Bought by
Chapman Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.15%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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

Date Buyer Sale Price Title Company
Gonzalez Raul Diaz $244,000 First American Title
Gonzalez Raul Diaz $244,000 First American Title
Secretary Of Housing And Urban Development -- Servicelink
Chapman Shirley -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Raul Diaz $199,700
Closed Gonzalez Raul Diaz $199,700
Previous Owner Chapman Shirley $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $244,000 +1.7% $131 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $240,000 -- $129 / 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 $1,659 $207,700 $55,100 $152,600
2023 $1,659 $212,200 $55,100 $157,100
2022 $1,626 $185,100 $55,100 $130,000
2021 $1,594 $176,700 $42,800 $133,900
2020 $1,561 $169,100 $42,800 $126,300
2019 $1,530 $159,300 $42,800 $116,500
2018 $1,542 $172,100 $42,800 $129,300
2017 $2,233 $190,700 $42,800 $147,900
2016 $1,218 $151,500 $42,800 $108,700
2014 $1,046 $150,000 $42,800 $107,200
2013 $2,090 $151,300 $42,800 $108,500
Source: Public Records

Agents Affiliated with this Home

  • Chris Duke

    Seller's Agent in 2024

    Chris Duke

    Elite Indy Realty Group

    (317) 345-5870

    4 in this area

    90 Total Sales

    Chris Duke
    Section Image

  • T

    Seller Co-Listing Agent in 2024

    Timothy Moffitt

    Elite Indy Realty Group

    (317) 500-2411

    3 in this area

    71 Total Sales

    Timothy Moffitt
    Section Image

  • P

    Buyer's Agent in 2024

    Perla Palma

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22003177

MIBOR Broker Listing Cooperative®

APN: 49-02-28-115-056.000-800

Indiana Marion County Indianapolis 46220 Allisonville

5406 E 71st St, Indianapolis, IN

Not Listed for Sale

Detached

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