NOT LISTED FOR SALE

5501 Floating Leaf Dr Indianapolis, IN 46237

Galludet Neighborhood

Estimated Value: $307,562 - $325,000

3 Beds
2.5 Baths
2,602 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $215,000 $83 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,070/month

22 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Franklin Central High School Rated A-
  • Walk-In Pantry
  • Forced Air Heating System

About This Home

As of May 2020

Beautiful MOVE-IN ready home in Waters Edge. Spacious & Open floor plan. Beautiful laminate floors, Living/Flex room opens to Family room with gas fireplace. Dining room & Kitchen with all appliances. Main floor laundry with plenty of pantry space. Large master suite w/sitting area, private bath, walk-in closet. Two additional spacious bedrooms both with walk-in closets, plus 24x16 bonus room/loft area and full bath. Fully fenced landscaped backyard with two patio areas. Alarm system, fresh interior paint, hardwood floors (2019), updated fireplace (2019), main level & front porch light fixtures (2019), washer/dryer (2019).

Last Agent to Sell the Property

Steve Clark

Compass Indiana, LLC License #RB14045792 Listed on: 04/01/2020

Compass Indiana, LLC

Last Buyer's Agent

Ken Nissley

Kenter Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Walk-In Pantry
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Association fees include home owners maintenance
  • Waters Edge At Cummins Farm Subdivision
  • Property managed by Kirpatrick
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491502109037000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,522

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 2003
  • Garage Y N: Yes
  • Lot Size Acres: 0.15
  • Subdivision Name: WATERS EDGE AT CUMMINS FARM
  • Inspection Warranties: Not Applicable
  • Property Description: Beautiful MOVE-IN ready home in Waters Edge. Spacious & Open floor plan. Beautiful laminate floors, Living/Flex room opens to Family room with gas fireplace. Dining room & Kitchen with all appliances. Main floor laundry with plenty of pantry space. Large master suite w/sitting area, private bath, walk-in closet. Two additional spacious bedrooms both with walk-in closets, plus 24x16 bonus room/loft area and full bath. Fully fenced landscaped backyard with two patio areas. Alarm system, fresh interior paint, hardwood floors (2019), updated fireplace (2019), main level & front porch light fixtures (2019), washer/dryer (2019).
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Disposal,Microwave,Electric Oven,Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room,Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Access,Windows Thermal
  • Living Area: 2602
  • Other Equipment: Security Alarm Monitored,Smoke Detector
  • Room Count: 9
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2602
  • Main Level Sq Ft: 1113
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sitting Room,Tub Garden
  • Total Sq Ft: 2602
  • Kitchen Features: Pantry WalkIn
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1489

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Full Rear
  • Foundation Details: Slab
  • List Price: 215000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air,Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Semi-Annually
  • Management Company Name: Kirpatrick
  • Management Company Phone: 317-570-4358
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners,Maintenance
  • Mandatory Fee: 133

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491502109037000300
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Trees Small
  • Lot Number: 33
  • Lot Size: 63x110

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1522
  • Semi Annual Property Tax Amt: 761
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Williams Brian N and Williams Catherine A
Bought by
Covert Amanda Kim
Current Estimated Value
$316,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,881
Outstanding Balance
$283,152
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$32,989

Purchase Details

Closed on
Aug 2, 2023
Sold by
Williams Brian N and Williams Catherine A
Bought by
Covert Amanda Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,881
Outstanding Balance
$283,152
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$32,989

Purchase Details

Listed on
Apr 1, 2020
Closed on
May 29, 2020
Sold by
Johnson Rachel J
Bought by
Williams Brian N and Williams Catherine A
Seller's Agent
Steve Clark
Compass Indiana, LLC
Buyer's Agent
Ken Nissley
Kenter Real Estate, LLC
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$182,750
Interest Rate
3.3%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 13, 2017
Sold by
Johnson Ian and Johnson Rachel J
Bought by
Johnson Rachel J

Purchase Details

Closed on
Jul 15, 2013
Sold by
Jpmorgan Chase Bank National Associat and Chase Home Finance Llc
Bought by
Housing And Urban Development

Purchase Details

Closed on
Apr 23, 2013
Sold by
Sheriff and Waters Edge At Cummins Farm
Bought by
Jpmorgan Chase Bank National Associat and Chase Home Finance Llc

Purchase Details

Closed on
Apr 17, 2013
Sold by
Sheriff John Layton
Bought by
Jpmorgan Chase Bank National

Purchase Details

Closed on
Oct 9, 2008
Sold by
Robinson Ian C and Robinson Wendi P
Bought by
Robinson Ian C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Covert Amanda Kim -- Enterprise Title
Covert Amanda Kim $295,230 Enterprise Title
Williams Brian N $215,000 Chicago Title
Johnson Rachel J -- --
Housing And Urban Development -- --
Jpmorgan Chase Bank National Associat -- --
Jpmorgan Chase Bank National $200,100 --
Robinson Ian C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covert Amanda Kim $289,881
Closed Covert Amanda Kim $289,881
Previous Owner Williams Brian N $182,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2020 05/29/20 Sold $215,000 0.0% $83 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $215,000 +92.8% $83 / Sq Ft
09/30/2013 09/30/13 Sold $111,500 +3.2% $43 / Sq Ft View Prior Sale
08/09/2013 08/09/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $108,000 -- $42 / 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 $4,780 $287,900 $29,200 $258,700
2023 $4,780 $234,600 $29,200 $205,400
2022 $4,880 $234,600 $29,200 $205,400
2021 $3,970 $194,300 $29,200 $165,100
2020 $1,920 $183,800 $29,200 $154,600
2019 $1,817 $173,600 $17,200 $156,400
2018 $1,602 $152,300 $17,200 $135,100
2017 $1,547 $147,000 $17,200 $129,800
2016 $1,456 $138,100 $17,200 $120,900
2014 $1,254 $125,400 $17,200 $108,200
2013 $1,272 $125,200 $17,200 $108,000
Source: Public Records

Agents Affiliated with this Home

  • Steve Clark

    Seller's Agent in 2020

    Steve Clark

    Compass Indiana, LLC

    (317) 345-4582

    5 in this area

    627 Total Sales

    Steve Clark
    Section Image

  • K

    Buyer's Agent in 2020

    Ken Nissley

    Kenter Real Estate, LLC

    Section Image
  • Scott Smith

    Seller's Agent in 2013

    Scott Smith

    Keller Williams Indy Metro S

    (317) 884-5000

    14 in this area

    663 Total Sales

    Scott Smith
    Section Image

  • D

    Buyer's Agent in 2013

    Dennis Walters

    Berkshire Hathaway Home

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21702695

MIBOR Broker Listing Cooperative®

APN: 49-15-02-109-037.000-300

Indiana Marion County Indianapolis 46237 Galludet

5501 Floating Leaf Dr, Indianapolis, IN

This home is located at 5501 Floating Leaf Dr, Indianapolis, IN 46237 since 01 April 2020 and is currently estimated at $316,141, approximately $121 per square foot. This property was built in 2003. 5501 Floating Leaf Dr is a home located in Marion County with nearby schools including Franklin Central High School, Nativity Catholic School, and Indianapolis Southside Christian Academy.

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.

Nearby Homes