5409 Lake Boggs St Indianapolis, IN 46254
International Marketplace Neighborhood
3
Beds
2.5
Baths
1,749
Sq Ft
5,489
Sq Ft Lot
Highlights
- Traditional Architecture
- 2 Car Attached Garage
- Forced Air Heating System
- Covered Patio or Porch
- Landscaped with Trees
- Family or Dining Combination
About This Home
As of April 2025Investor's dream! This 3 bed, 2.5 bath, 2-story home offers a rare opportunity for a lucrative fix and flip or long/short-term rental investment. This property is ready for a full renovation-bring your vision and transform this diamond in the rough into a showstopper. The spacious floor plan features great bones, a functional flow, and ample space for a small or growing family. Located in a desirable neighborhood with strong comps and solid property values, the ROI potential is undeniable. Whether you're looking to renovate and sell or build passive income through rentals, this property checks all the boxes. Just minutes from Eagle Creek, major highways, shopping, and dining, it's perfectly positioned for the perfect investment. Don't miss out-opportunities like this are rare and highly sought after!
Last Agent to Sell the Property
Monteith-Legault Real Estate C Brokerage Email: josh@monteithlegault.com License #RB14046520 Listed on: 04/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,900
Year Built
- Built in 2001
Lot Details
- 5,489 Sq Ft Lot
- Landscaped with Trees
HOA Fees
- $20 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Fixer Upper
- Slab Foundation
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Living Room with Fireplace
- Family or Dining Combination
- Attic Access Panel
Kitchen
- Electric Oven
- Dishwasher
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating System
- Electric Water Heater
Community Details
- Association fees include maintenance, management, snow removal
- Association Phone (317) 253-1401
- Lakeside Manor West Subdivision
- Property managed by Ardsley Management
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Legal Lot and Block 6027579 / 2
- Assessor Parcel Number 490512117015000600
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
Apr 25, 2025
Sold by
Ogunmola Richard O
Bought by
Arsich Svetislav
Seller's Agent
Josh Monteith
Monteith-Legault Real Estate C
Buyer's Agent
Adam Arsich
Prime Advisors LLC
List Price
$149,900
Sold Price
$180,000
Premium/Discount to List
$30,100
20.08%
Views
44
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.63%
Purchase Details
Listed on
Dec 20, 2010
Closed on
Dec 13, 2011
Sold by
Philips Travis R and Philips Gary A
Bought by
Ogunmola Richard
Seller's Agent
Ray Stuck
HomeXpert, Ray Stuck & Co.
Buyer's Agent
Vicki Sheets
Keller Williams Indpls Metro N
List Price
$72,500
Sold Price
$72,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$70,564
Outstanding Balance
$49,563
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$156,770
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Administrators Deed | $180,000 | None Listed On Document | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $70,564 | FHA | |
| Closed | $0 | Stand Alone Second | |
| Previous Owner | $27,500 | Stand Alone Second | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | For Sale | $285,000 | +58.3% | $163 / Sq Ft |
| 04/25/2025 04/25/25 | Sold | $180,000 | +20.1% | $103 / Sq Ft |
| 04/12/2025 04/12/25 | Pending | -- | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $149,900 | +106.8% | $86 / Sq Ft |
| 01/02/2012 01/02/12 | Sold | $72,500 | 0.0% | $41 / Sq Ft |
| 06/28/2011 06/28/11 | Pending | -- | -- | -- |
| 12/20/2010 12/20/10 | For Sale | $72,500 | -- | $41 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $2,416 | $251,000 | $32,500 | $218,500 |
| 2023 | $2,416 | $232,800 | $32,500 | $200,300 |
| 2022 | $1,997 | $189,800 | $32,500 | $157,300 |
| 2021 | $1,600 | $151,600 | $16,800 | $134,800 |
| 2020 | $1,632 | $155,000 | $16,800 | $138,200 |
| 2019 | $1,517 | $143,600 | $16,800 | $126,800 |
| 2018 | $1,375 | $129,600 | $16,800 | $112,800 |
| 2017 | $1,164 | $116,400 | $16,800 | $99,600 |
| 2016 | $1,056 | $109,700 | $16,800 | $92,900 |
| 2014 | $906 | $104,900 | $16,800 | $88,100 |
| 2013 | $854 | $101,500 | $16,800 | $84,700 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Arsich
A
Seller's Agent in 2025
Adam Arsich
Prime Advisors LLC
(317) 919-9719
4 in this area
22 Total Sales
-
Josh Monteith
Seller's Agent in 2025
Josh Monteith
Monteith-Legault Real Estate C
(317) 750-6490
1 in this area
104 Total Sales
-
Ray Stuck
Seller's Agent in 2012
Ray Stuck
HomeXpert, Ray Stuck & Co.
(317) 409-0965
167 Total Sales
-
V
Buyer's Agent in 2012
Vicki Sheets
Keller Williams Indpls Metro N
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22031603
APN: 49-05-12-117-015.000-600
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.
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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