NOT LISTED FOR SALE

5503 Park Elwood Rd Richmond, IN 47374

Estimated Value: $192,000 - $221,218

3 Beds
2 Baths
1,573 Sq Ft
$132/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $170,000 $108 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,213/month

40 Days on Market

Highlights

  • Ranch Style House
  • First Floor Utility Room
  • Patio
  • Screened Porch
  • 2 Car Attached Garage
  • Living Room

About This Home

As of February 2023

Beautiful home with a Richmond address in Northeastern School District! This 3 bedroom, 2 full bath home has a living room and a family room. The family room is open concept with the dining room and kitchen! Appliances are included along with the washer and dryer. The kitchen is large with plenty of cabinet and counter space! Plenty of storage in the 2 car garage and also great attic space. There are 2 sheds, one with electric. There are new gutters and gutter guards along with the back sliding door with built in blinds. Also a new water softener. There is a 30 amp hook up for an RV located at the front corner of the garage. . The one acre yard feature an apple and a cherry tree! The Septic is located in the backyard and the well in the front. Call/Text Chandra Falcone today for your private showing! (765) 993-4383 *ROOM SIZES ARE APPROXIMATE AND NOT TO BE RELIED UPON*. Text 997542 to 35620 for more information and photos.

Last Agent to Sell the Property

Chandra Falcone

Better Homes and Gardens First Realty Group License #RB14041868 Listed on: 12/12/2022

Better Homes and Gardens First Realty Group

Last Buyer's Agent

Tony Foust

Coldwell Banker Lingle License #RB16001818

Coldwell Banker Lingle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,340

Year Built

  • Built in 1973

Lot Details

  • 1

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,573 Sq Ft Home
  • Family Room
  • Living Room
  • Screened Porch
  • First Floor Utility Room
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Northeastern Elementary And Middle School
  • Northeastern High School

Utilities

  • Central Air
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic System

Additional Features

  • Patio
  • 1 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,340

Year Built

Built in 1973

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 5503 Park Elwood Road
  • Second Address Number: 5503
  • Estimated Year Built: 1973
  • Estimated Size Bathroom 1: 8.5x5
  • Bathroom 1 Comments: Full
  • Estimated Size Bathroom 2: 7.7x5
  • Bathroom 2 Comments: Full
  • Estimated Size Bedroom 1: 11x14.2
  • E X E M P T: Homestead Credit
  • Family Room Estimated Size: 12.10x11.14
  • Family Room Level: M
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA
  • Geo Address Line: 5503 Park Elwood Rd
  • Geo Longitude: -84.849976
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 18x15
  • Living Rm Level: M
  • Other Rm1 Approx Size: 18.5x7
  • Other Rm1 Comments: Screened in Porch
  • Other Rm1 Level: M
  • OFFICELIST_STATE: IN
  • Storage Bldg Approx Size: 10x12
  • Building Stories: 1
  • Building Style: Ranch
  • Tax Dup Number: 007-0017-00
  • Taxes Half: 613.91
  • Estimated Utility Room Size: 8x5.2
  • Utility Room Comments: Convenient
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1973

Interior Features

  • Appliances Included: Dishwasher, Range-Electric, Refrigerator, Washer/Dryer
  • Total Number Rooms: 7
  • Bedroom 1 Level: M
  • Bathroom 1 Level: M
  • Bathroom 2 Level: M
  • Primary Bathroom: Yes
  • Kitchen Comments: Open/Kit/Din/Fam
  • Has Basement: No
  • Estimated Size Bedroom 2: 12.5x11.2
  • Bedroom 2 Level: M
  • Estimated Size Bedroom 3: 13.5x11.10
  • Bedroom 3 Level: M
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 36.6x13.5
  • Price Per S Q F T: 108.07
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Brick, Vinyl
  • Foundation: Slab
  • Porch/Deck Type: Patio, Screened Porch
  • Roof Type: Asphalt

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Garage Type: Garage-Attached

Utilities

  • Air Conditioner: Central Air
  • Gas Company: None
  • Heat Type: Baseboard, Electric
  • Sewer: Septic
  • Hot Water: Well
  • Water Heater: Electric
  • Water Softener: Owned

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Northeastern
  • Middle School: Northeastern
  • High School: Northeastern
  • Elementary School: Northeastern
  • High School: Northeastern
  • Middle School: Northeastern

Lot Info

  • Geo Update Timestamp: 2022-12-19
  • Estimated Number Acres: 1
  • Land Contract: No
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Feb 13, 2023
Sold by
Weber Diana Lyn
Bought by
Coyle Collin
Seller's Agent
Chandra Falcone
Better Homes and Gardens First Realty Group
Buyer's Agent
Tony Foust
Coldwell Banker Lingle
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Views
138
Current Estimated Value
$207,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,555
Avg. Annual Appreciation
7.76%
Original Mortgage
$136,000
Outstanding Balance
$131,802
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$75,753

Purchase Details

Listed on
Jun 24, 2019
Closed on
Aug 8, 2019
Sold by
Burkhart Sean A and Burkhart Ashley D
Bought by
Weber Diana L
Seller's Agent
TIM PARROTT
Better Homes and Gardens First Realty Group
Buyer's Agent
TIM PARROTT
Better Homes and Gardens First Realty Group
List Price
$139,900
Sold Price
$134,000
Premium/Discount to List
-$5,900
-4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$129,980
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2006
Sold by
Roberts Michael M and Roberts Sandra R
Bought by
Burkhart Sean A and Burkhart Ashley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.73%
Mortgage Type
New Conventional
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
Coyle Collin -- None Listed On Document
Weber Diana L -- --
Burkhart Sean A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coyle Collin $136,000
Previous Owner Weber Diana L $129,980
Previous Owner Burkhart Sean A $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2023 02/13/23 Sold $170,000 -3.9% $108 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $176,900 -1.7% $112 / Sq Ft
12/12/2022 12/12/22 For Sale $179,900 +34.3% $114 / Sq Ft
08/09/2019 08/09/19 Sold $134,000 -4.2% $85 / Sq Ft View Prior Sale
06/30/2019 06/30/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $139,900 -- $89 / Sq Ft
Source: Richmond Association of REALTORS®

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 $1,340 $146,300 $16,200 $130,100
2023 $1,170 $134,300 $14,900 $119,400
2022 $1,289 $133,700 $14,900 $118,800
2021 $1,228 $126,300 $15,000 $111,300
2020 $1,230 $129,400 $15,000 $114,400
2019 $986 $119,600 $15,000 $104,600
2018 $939 $119,700 $15,000 $104,700
2017 $853 $115,700 $15,000 $100,700
2016 $746 $110,000 $15,000 $95,000
2014 $659 $107,400 $15,000 $92,400
2013 $659 $99,400 $15,000 $84,400
Source: Public Records

Agents Affiliated with this Home

  • Chandra Falcone

    Seller's Agent in 2023

    Chandra Falcone

    Better Homes and Gardens First Realty Group

    (765) 993-4383

    185 Total Sales

    Chandra Falcone
    Section Image
  • Tony Foust

    Buyer's Agent in 2023

    Tony Foust

    Coldwell Banker Lingle

    (765) 967-3051

    329 Total Sales

    Tony Foust
    Section Image

  • T

    Seller's Agent in 2019

    TIM PARROTT

    Better Homes and Gardens First Realty Group

See All Agents

Map

Source: Richmond Association of REALTORS®

MLS Number: 10045467

APN: 89-16-02-300-346.000-011

Indiana Wayne County Richmond 47374

5503 Park Elwood Rd, Richmond, IN

This home is located at 5503 Park Elwood Rd, Richmond, IN 47374 since 12 December 2022 and is currently estimated at $207,555, approximately $131 per square foot. This property was built in 1973. 5503 Park Elwood Rd is a home located in Wayne County with nearby schools including Northeastern Elementary School, Northeastern Middle School, and Northeastern 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.

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