NOT LISTED FOR SALE

5501 Carrollton Ave Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $356,000 - $390,000

2 Beds
1 Bath
1,804 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 26, 2013

Last sale price $193,000 $107 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,318/month

4 Days on Market

About This Home

As of August 2013

Such a beautiful part of Meridian Kessler! Walk to some of the best things the city has to offer. Fresh Market, Yats, Twenty Tap, Jazz Kitchen, Monon Trail, Zest, Mama Carolla's, SpeakEasy, Developer Town, Binkleys.. This lovingly cared for bungalow in the heart of one of the most popular areas in the entire city features a fully-fenced rear yard, a 2-car garage (rare treat!), updated kitchen & bath, gorgeous hardwoods, that bungalow porch you're craving...make a point to see this one soon.

Last Agent to Sell the Property

Joe Shoemaker

Modern Heartland License #RB14027049 Listed on: 07/01/2013

Last Buyer's Agent

Kate MacGill

MacGill Team, P..C.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,964

Year Built

  • 1917

Lot Details

  • 6,534

Interior Spaces

  • Formal Dining Room
  • Laundry in Basement

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,964

Year Built

1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Architectural Style: Bungalow
  • Directions: North on Carrollton from 54th to house on the NE corner of Carrollton & 55th.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NORTH VIEW ADDITION
  • Special Features: None
  • Year Built: 1917

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Oven
  • Areas Interior: Laundry in Basement
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1206
  • Main Level Sq Ft: 1206
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 598
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Other Equipment: Smoke Detector, Sump Pump

Exterior Features

  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch
  • Construction Type: Wood
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: Cable Connected,High Speed Internet Avail
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 178
  • Lot Size: 43x157

Tax Info

  • Semi Annual Property Tax Amt: 982
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks
  • Tax Annual Amount: 1964
  • Tax Year: 2012

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2016
Sold by
Brackett Michelle D and Brackett Brandon J
Bought by
Bowman Drew
Current Estimated Value
$377,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2013
Closed on
Sep 2, 2013
Sold by
Overhiser Alex and Overhiser Sonja K
Bought by
Brackett Brandon J and Brackett Michelle D
Seller's Agent
Joe Shoemaker
Modern Heartland
Buyer's Agent
Kate MacGill
MacGill Team, P..C.
List Price
$200,000
Sold Price
$193,000
Premium/Discount to List
-$7,000
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$189,504
Interest Rate
4.29%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 1, 2013
Closed on
Aug 26, 2013
Sold by
Overhiser Sonja K
Bought by
Brackett Michelle D and Brackett Brandon J
Seller's Agent
Joe Shoemaker
Modern Heartland
Buyer's Agent
Kate MacGill
MacGill Team, P..C.
List Price
$200,000
Sold Price
$193,000
Premium/Discount to List
-$7,000
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,504
Interest Rate
4.29%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2008
Sold by
Overhiser Sonja K
Bought by
Overhiser Sonja K and Overhiser Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2007
Sold by
Meyers Wendell R and Estate Of J Darrell Meyers
Bought by
Kirschner Kevin M
Source: Public Records

Range of Values:

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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
Bowman Drew -- None Available
Brackett Brandon J -- --
Brackett Michelle D $193,000 --
Overhiser Sonja K -- None Available
Overhiser Sonja K -- None Available
Kirschner Kevin M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Drew $227,920
Closed Bowman Drew $204,250
Previous Owner Brackett Brandon J $185,686
Previous Owner Brackett Brandon J $189,504
Previous Owner Overhiser Sonja K $158,400
Previous Owner Overhiser Sonja K $154,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2013 08/26/13 Sold $193,000 -3.5% $107 / Sq Ft
07/06/2013 07/06/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $200,000 -- $111 / 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 $3,183 $258,700 $50,600 $208,100
2023 $3,183 $261,800 $50,600 $211,200
2022 $2,928 $257,200 $50,600 $206,600
2021 $2,643 $221,600 $33,000 $188,600
2020 $2,592 $216,700 $33,000 $183,700
2019 $2,615 $214,700 $33,000 $181,700
2018 $2,601 $211,900 $33,000 $178,900
2017 $2,265 $206,300 $33,000 $173,300
2016 $2,053 $190,700 $33,000 $157,700
2014 $2,003 $186,400 $33,000 $153,400
2013 $1,965 $174,800 $33,000 $141,800
Source: Public Records

Agents Affiliated with this Home

  • Joe Shoemaker

    Seller's Agent in 2013

    Joe Shoemaker

    Modern Heartland

    (760) 422-9865

    8 Total Sales

    Joe Shoemaker
    Section Image

  • K

    Buyer's Agent in 2013

    Kate MacGill

    MacGill Team, P..C.

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21241812

MIBOR Broker Listing Cooperative®

APN: 49-06-12-235-028.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

5501 Carrollton Ave, Indianapolis, IN

This home is located at 5501 Carrollton Ave, Indianapolis, IN 46220 since 01 July 2013 and is currently estimated at $377,496, approximately $209 per square foot. This property was built in 1917. 5501 Carrollton Ave is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School No. 721.

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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