NOT LISTED FOR SALE

5502 Rockville Rd Indianapolis, IN 46224

Garden City Neighborhood

Estimated Value: $242,000 - $257,253

3 Beds
2.5 Baths
2,758 Sq Ft
$90/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $186,000 $67 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,554/month

7 Days on Market

Highlights

  • Guest House
  • 0.96 Acre Lot
  • Formal Dining Room
  • Ben Davis University High School Rated A
  • Traditional Architecture
  • 2 Car Detached Garage

About This Home

As of September 2021

Great home with good bones. 1 1/2 story, 3 bedroom, 2 1/2 baths with 1 bedroom apartment over garage. Great opportunity to help pay the mortgage with the rental property. Home is situated on .96 acre corner lot. Home has many upgraded features: New laminate flooring in living room, dining room and front bedroom (less than 3 months old). Newer windows throughout. Roof is approximately 5-6 years old. Exterior has been freshly painted. Beautiful fireplace with built-in bookcases in living room and window seat in dining room. Apartment has separate water heater and electricity however, heat is metered through main house. Apartment has living room, kitchen, large bathroom and bedroom. (see pictures).

Last Agent to Sell the Property

Terri Didion

American Dream Real Estate License #RB14017800 Listed on: 08/06/2021

Last Buyer's Agent

Terri Didion

American Dream Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1920

Lot Details

  • 0.96

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Thermal Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Gas Oven
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Utilities

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

Additional Features

  • Handicap Accessible
  • 0.96 Acre Lot
  • Guest House

Community Details

  • Indiana Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491201106157000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,224

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1920
  • Building Area Total: 2758
  • Garage Y N: Yes
  • Lot Size Acres: 0.964
  • Subdivision Name: INDIANA PARK
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Walk Out, Finished Walls
  • Appliances: Dryer, Microwave, Gas Oven, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Windows Thermal, Wood Work Stained
  • Other Equipment: Sump Pump
  • Areas Interior: In-Law Quarters,Laundry in Basement
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1582
  • Main Level Sq Ft: 1176
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 1176
  • Upper Level Sq Ft: 406
  • Pct Optional Level Finished: 0-25%
  • Room Floors: Carpeting, Carpeting, Vinyl Hardwood, Vinyl Hardwood, Vinyl Hardwood, Vinyl, Vinyl, Vinyl
  • Room Window Treatments: 1, 1, 1, 1, 1, 1, 0, 0

Exterior Features

  • Construction Materials: Wood Brick
  • Disclosures: Not Applicable
  • Exterior Features: Carriage/Guest House, Driveway Gravel, Exterior Handicap Accessible
  • Foundation Details: Block
  • List Price: 205900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Sq Ft: 400

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491201106157000900
  • Acres: 1/2-1 Acre
  • Lot Information: Corner,Tree Mature,Wooded
  • Lot Number: B
  • Lot Size: 41,992

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2224
  • Semi Annual Property Tax Amt: 1112
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Wayne Township
  • Schools: Ben Davis High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 17, 2021
Sold by
Jones Levi D and Jones Janet L
Bought by
Foster Kevin L
Seller's Agent
Terri Didion
American Dream Real Estate
Buyer's Agent
Terri Didion
American Dream Real Estate
List Price
$205,900
Sold Price
$186,000
Premium/Discount to List
-$19,900
-9.66%
Current Estimated Value
$247,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,313
Avg. Annual Appreciation
7.19%
Original Mortgage
$180,420
Outstanding Balance
$166,301
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$79,451
Source: Public Records

Range of Values:

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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
Foster Kevin L $186,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Kevin L $180,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $186,000 -9.7% $67 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $205,900 -- $75 / 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 $2,971 $189,500 $12,200 $177,300
2023 $2,971 $189,500 $12,200 $177,300
2022 $2,936 $185,800 $12,200 $173,600
2021 $2,451 $140,800 $12,200 $128,600
2020 $2,357 $135,800 $12,200 $123,600
2019 $2,131 $123,800 $12,200 $111,600
2018 $1,694 $108,600 $12,200 $96,400
2017 $1,548 $100,100 $12,200 $87,900
2016 $1,529 $99,200 $12,200 $87,000
2014 $1,173 $96,300 $12,200 $84,100
2013 $1,203 $96,300 $12,200 $84,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Terri Didion

    American Dream Real Estate

    (317) 345-9011

    1 in this area

    14 Total Sales

    Terri Didion
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21804205

MIBOR Broker Listing Cooperative®

APN: 49-12-01-106-157.000-900

Indiana Marion County Indianapolis 46224 Garden City

5502 Rockville Rd, Indianapolis, IN

This home is located at 5502 Rockville Rd, Indianapolis, IN 46224 since 06 August 2021 and is currently estimated at $247,313, approximately $89 per square foot. This property was built in 1920. 5502 Rockville Rd is a home located in Marion County with nearby schools including Garden City Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High 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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