NOT LISTED FOR SALE

5480 Terrace Ave Indianapolis, IN 46203

Southeast Indianapolis Neighborhood

Estimated Value: $125,000 - $148,000

2 Beds
1 Bath
720 Sq Ft
$186/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $58,900 $82 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $778/month

69 Days on Market

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Garage
  • Bungalow
  • Forced Air Heating and Cooling System
  • Partially Fenced Property

About This Home

As of August 2015

This adorable 2 bedroom 1 bath bungalow has lots of updates! Set in a quiet area on .5 acre, in Warren Township school district, and just around the corner from the baseball field. Features cherry cabinets in the eat-in kitchen with a big bowl porcelain sink, dishwasher, and new vinyl flooring. Has an updated bath with a walk-in shower and new flooring. Offers new siding, newer windows, new garage door, fresh gravel drive, and new carpet and paint throughout. Don't miss this one...it won't last!

Last Agent to Sell the Property

Amy Cox

Crossroads Real Estate Group LLC License #RB14040971 Listed on: 04/23/2015

Last Buyer's Agent

Amy Cox

Crossroads Real Estate Group LLC License #RB14040971 Listed on: 04/23/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 1950

Lot Details

  • 0.56 Acre Lot
  • Partially Fenced Property

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Attic Access Panel
  • Dishwasher
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 491015131029000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$534

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1950
  • Garage Y N: Yes
  • Lot Size Acres: 0.56
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: This adorable 2 bedroom 1 bath bungalow has lots of updates! Set in a quiet area on .5 acre, in Warren Township school district, and just around the corner from the baseball field. Features cherry cabinets in the eat-in kitchen with a big bowl porcelain sink, dishwasher, and new vinyl flooring. Has an updated bath with a walk-in shower and new flooring. Offers new siding, newer windows, new garage door, fresh gravel drive, and new carpet and paint throughout. Don't miss this one...it won't last!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Attic Access
  • Living Area: 720
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 720
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 720
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Partial
  • Foundation Details: Crawl Space
  • List Price: 61900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491015131029000700
  • Acres: 1/2-1 Acre
  • Lot Information: Not In Subdivision,Tree Mature
  • Lot Number: none
  • Lot Size: 24394

Tax Info

  • Tax Annual Amount: 534
  • Semi Annual Property Tax Amt: 267
  • Tax Exemption: None

MLS Schools

  • School District: Warren Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Aug 21, 2015
Sold by
Cox Jeffrey
Bought by
Mahurin Holly M
Seller's Agent
Amy Cox
Crossroads Real Estate Group LLC
Buyer's Agent
Amy Cox
Crossroads Real Estate Group LLC
List Price
$61,900
Sold Price
$58,900
Premium/Discount to List
-$3,000
-4.85%
Current Estimated Value
$134,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,336
Avg. Annual Appreciation
8.51%
Original Mortgage
$57,832
Outstanding Balance
$47,261
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$86,197

Purchase Details

Closed on
Sep 12, 2014
Sold by
Marion County Board Of Commissioners
Bought by
Cox Jeffrey

Purchase Details

Closed on
Sep 11, 2014
Sold by
Shepard Carson
Bought by
Marion County
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
Mahurin Holly M -- Mtc
Cox Jeffrey $15,200 None Available
Marion County $8,747 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahurin Holly M $57,832
Closed Mahurin Holly M $2,356
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $58,900 -4.8% $82 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $61,900 -- $86 / 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 $569 $74,600 $6,500 $68,100
2023 $569 $70,900 $6,500 $64,400
2022 $454 $61,100 $6,500 $54,600
2021 $435 $56,600 $6,500 $50,100
2020 $385 $54,700 $6,500 $48,200
2019 $392 $52,900 $6,500 $46,400
2018 $389 $52,900 $6,500 $46,400
2017 $354 $50,500 $6,500 $44,000
2016 $340 $46,600 $6,500 $40,100
2014 $534 $42,700 $6,500 $36,200
2013 $534 $31,500 $6,500 $25,000
Source: Public Records

Agents Affiliated with this Home

  • Amy Cox

    Seller's Agent in 2015

    Amy Cox

    Crossroads Real Estate Group LLC

    (317) 432-3662

    40 Total Sales

    Amy Cox
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21348666

MIBOR Broker Listing Cooperative®

APN: 49-10-15-131-029.000-700

Indiana Marion County Indianapolis 46203 Southeast Indianapolis

5480 Terrace Ave, Indianapolis, IN

This home is located at 5480 Terrace Ave, Indianapolis, IN 46203 since 23 April 2015 and is currently estimated at $134,236, approximately $186 per square foot. This property was built in 1950. 5480 Terrace Ave is a home located in Marion County with nearby schools including Lowell Elementary School, Raymond Park Intermediate School (5-6), and Raymond Park Middle School.

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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