NOT LISTED FOR SALE

5438 N Capitol Ave Indianapolis, IN 46208

Butler-Tarkington/Rocky Ripple Neighborhood

Estimated Value: $413,000 - $456,142

3 Beds
1.5 Baths
2,985 Sq Ft
$144/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $260,000 $87 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,638/month

36 Days on Market

Highlights

  • Mature Trees
  • Security System Owned
  • 1-Story Property
  • Woodwork
  • Bungalow
  • Attic Fan

About This Home

As of December 2014

Your timeless brick ranch at Butler Terrace awaits! This treasured 3 BR/1.5 BA home offers large living spaces, beautiful hardwoods, 2-car garage, an amazing finished bsmt, & countless major updates since '03. No storage worries with deep, walk-in closets; a spacious storage room. Flat, grassy lawn fenced. Adorable sitting room! Unbeatable location with easy walks to 56th & Illinois Shops, Rivi & Butler. Canal path is a mere 1/10 mile! Only 4 owners in 73 yrs! Impeccably done to the last detail.

Last Agent to Sell the Property

Bradley A. Hamann

Hamann Sense, LLC License #RB14038593 Listed on: 09/28/2014

Last Buyer's Agent

Pete George

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 1941

Lot Details

  • 7,405 Sq Ft Lot
  • Back Yard Fenced
  • Mature Trees

Parking

  • Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,985 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Living Room with Fireplace
  • Attic Fan
  • Finished Basement

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Security System Owned
  • Radon Detector
  • Fire and Smoke Detector

Utilities

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

Community Details

  • North Butler Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490611104013000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,280

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1941
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: NORTH BUTLER TERRACE
  • Inspection Warranties: General
  • Property Description: Your timeless brick ranch at Butler Terrace awaits! This treasured 3 BR/1.5 BA home offers large living spaces, beautiful hardwoods, 2-car garage, an amazing finished bsmt, & countless major updates since '03. No storage worries with deep, walk-in closets; a spacious storage room. Flat, grassy lawn fenced. Adorable sitting room! Unbeatable location with easy walks to 56th & Illinois Shops, Rivi & Butler. Canal path is a mere 1/10 mile! Only 4 owners in 73 yrs! Impeccably done to the last detail.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: http://hamannsense.com/5438_N_Capitol.php
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Finished, Finished Walls
  • Appliances: Gas Cooktop, Dishwasher, Microwave, Convection Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Wood Work Painted
  • Living Area: 2985
  • Other Equipment: Radon System, Security Alarm Paid, Smoke Detector
  • Room Count: 11
  • Areas Interior: Foyer Small,Laundry in Basement,Utility Room
  • Eating Area: Formal Dining Room,Kitchen Updated,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1571
  • Main Level Sq Ft: 1571
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: TubFull with Shower,Main Level
  • Total Sq Ft: 2985
  • Below Grade Sq Ft: 1414
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • List Price: 269900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Attic Fan, Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Available
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490611104013000801
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 166
  • Lot Size: 7401

Tax Info

  • Tax Annual Amount: 2280
  • Semi Annual Property Tax Amt: 1140
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2014
Closed on
Dec 1, 2014
Sold by
Smiley Adam Kirk and Smiley Lynne Kathryn
Bought by
Middleton Robert
Seller's Agent
Bradley A. Hamann
Hamann Sense, LLC
Buyer's Agent
Pete George
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Current Estimated Value
$431,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,286
Avg. Annual Appreciation
4.77%
Original Mortgage
$265,590
Outstanding Balance
$203,815
Interest Rate
3.97%
Mortgage Type
VA
Estimated Equity
$227,471

Purchase Details

Closed on
Oct 31, 2008
Sold by
Niederpruem Michael and Yeung Alexandra
Bought by
Smiley Adam Kirk and Smiley Lynne Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Middleton Robert -- None Available
Smiley Adam Kirk -- Landmark Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Middleton Robert $265,590
Previous Owner Smiley Adam Kirk $176,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2014 12/01/14 Sold $260,000 -3.7% $87 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
09/28/2014 09/28/14 For Sale $269,900 -- $90 / 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 $4,298 $374,800 $55,400 $319,400
2023 $4,298 $351,400 $55,400 $296,000
2022 $4,000 $341,100 $55,400 $285,700
2021 $3,605 $300,300 $39,300 $261,000
2020 $3,917 $325,200 $39,300 $285,900
2019 $3,952 $321,700 $39,300 $282,400
2018 $3,488 $281,700 $39,300 $242,400
2017 $3,052 $277,700 $39,300 $238,400
2016 $2,986 $278,100 $39,300 $238,800
2014 $2,722 $251,700 $39,300 $212,400
2013 $2,281 $219,700 $39,300 $180,400
Source: Public Records

Agents Affiliated with this Home

  • Bradley A. Hamann

    Seller's Agent in 2014

    Bradley A. Hamann

    Hamann Sense, LLC

    (309) 657-2659

    32 Total Sales

    Bradley A. Hamann
    Section Image

  • P

    Buyer's Agent in 2014

    Pete George

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21317636

MIBOR Broker Listing Cooperative®

APN: 49-06-11-104-013.000-801

Indiana Marion County Indianapolis 46208 Butler-Tarkington/Rocky Ripple

5438 N Capitol Ave, Indianapolis, IN

This home is located at 5438 N Capitol Ave, Indianapolis, IN 46208 since 28 September 2014 and is currently estimated at $431,286, approximately $144 per square foot. This property was built in 1941. 5438 N Capitol Ave is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Robert Lee Frost School 106, and Charles Warren Fairbanks School 105.

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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