NOT LISTED FOR SALE

5501 Great Woods Dr Indianapolis, IN 46224

Garden City Neighborhood

Estimated Value: $239,000 - $265,000

3 Beds
2 Baths
1,340 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 26, 2013

Last sale price $81,499 $61 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $1,785/month

36 Days on Market

Highlights

  • 0.37 Acre Lot
  • Ranch Style House
  • Woodwork
  • Ben Davis University High School Rated A
  • 1 Fireplace
  • Walk-In Closet

About This Home

As of October 2013

REO Property. Property Sold AS-IS W/O Repair, Warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees, warranties or representations as to the availability or accuracy of information contained herein

Last Agent to Sell the Property

Rachel Sarig

Carmel Estates, LLC License #RB14038516 Listed on: 09/03/2013

Last Buyer's Agent

Missy Stanifer

Stanifer & Associates Real Est

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1997

Lot Details

  • 0.37

Parking

  • Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,340 Sq Ft Home
  • Woodwork
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • 0.37 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Speedway Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491201102061000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,064

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1997
  • Garage Y N: Yes
  • Lot Size Acres: 0.37
  • Subdivision Name: SPEEDWAY WOODS
  • Inspection Warranties: Not Applicable
  • Property Description: REO Property. Property Sold AS-IS W/O Repair, Warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees, warranties or representations as to the availability or accuracy of information contained herein
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s), Wood Work Painted
  • Living Area: 1340
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1340
  • Main Level Sq Ft: 1340
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1340
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: BankOwned
  • Foundation Details: Slab
  • List Price: 90000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491201102061000900
  • Acres: 1/4-1/2 Acre
  • Lot Number: 183
  • Lot Size: 0.00 AC

Tax Info

  • Tax Annual Amount: 1064
  • Semi Annual Property Tax Amt: 532
  • Tax Exemption: None

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2016
Sold by
J&J Homes Llc
Bought by
Granger Property Holdings Llc
Current Estimated Value
$252,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,598,500
Outstanding Balance
$2,873,615
Interest Rate
3.59%
Mortgage Type
Commercial
Estimated Equity
-$2,611,135

Purchase Details

Listed on
Sep 3, 2013
Closed on
Oct 25, 2013
Sold by
See Attached Exhibit 'A'
Bought by
J & J Homes Llc
Seller's Agent
Rachel Sarig
Carmel Estates, LLC
Buyer's Agent
Missy Stanifer
Stanifer & Associates Real Est
List Price
$90,000
Sold Price
$81,499
Premium/Discount to List
-$8,501
-9.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%

Purchase Details

Listed on
Sep 3, 2013
Closed on
Aug 30, 2013
Sold by
Everett Sheriff and Everett Shelly C
Bought by
Deutsche Bank National Trust
Seller's Agent
Rachel Sarig
Carmel Estates, LLC
Buyer's Agent
Missy Stanifer
Stanifer & Associates Real Est
List Price
$90,000
Sold Price
$81,499
Premium/Discount to List
-$8,501
-9.45%

Purchase Details

Closed on
Aug 21, 2013
Sold by
Layton John R
Bought by
Deutsche Bank National Trust Co
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
Granger Property Holdings Llc -- None Available
J & J Homes Llc $81,500 --
Deutsche Bank National Trust -- --
Deutsche Bank National Trust Co $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granger Property Holdings Llc $3,598,500
Closed Granger Property Holdings Llc $3,598,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2013 10/26/13 Sold $81,499 -9.4% $61 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $90,000 -- $67 / 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 $4,956 $218,000 $27,600 $190,400
2023 $4,956 $206,400 $27,600 $178,800
2022 $4,710 $191,700 $27,600 $164,100
2021 $4,297 $155,400 $27,600 $127,800
2020 $3,874 $139,800 $27,600 $112,200
2019 $3,844 $138,800 $27,600 $111,200
2018 $2,966 $122,200 $27,600 $94,600
2017 $2,928 $120,700 $27,600 $93,100
2016 $2,910 $120,000 $27,600 $92,400
2014 $2,202 $110,100 $27,600 $82,500
2013 $2,120 $106,000 $27,600 $78,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rachel Sarig

    Carmel Estates, LLC

    (317) 900-6629

    21 Total Sales

    Rachel Sarig
    Section Image

  • M

    Buyer's Agent in 2013

    Missy Stanifer

    Stanifer & Associates Real Est

    Section Image

  • M

    Buyer's Agent in 2013

    Melissa Stanifer

    Dropped Members

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21253685

MIBOR Broker Listing Cooperative®

APN: 49-12-01-102-061.000-900

Indiana Marion County Indianapolis 46224 Garden City

5501 Great Woods Dr, Indianapolis, IN

This home is located at 5501 Great Woods Dr, Indianapolis, IN 46224 since 03 September 2013 and is currently estimated at $252,298, approximately $188 per square foot. This property was built in 1997. 5501 Great Woods Dr is a home located in Marion County with nearby schools including Westlake Elementary School, Chapel Hill 7th & 8th Grade Center, and Ben Davis Ninth Grade Center.

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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