NOT LISTED FOR SALE

5503 W 16th St Indianapolis, IN 46224

Estimated Value: $246,000 - $288,126

2 Beds
2 Baths
1,848 Sq Ft
$145/Sq Ft Est. Value

Last Sold April 11, 2017

Last sale price $95,000 $51 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $1,737/month

99 Days on Market

Highlights

  • 2 Fireplaces
  • 1-Story Property
  • Garage
  • Speedway Junior High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of April 2017

Adorable bungalow in the heart of Speedway! Vintage features include original tile in kitchen & bath, hardwoods beneath carpeting, glass door knobs, & loads of charm. With 2 bedrooms on the main level, a fireplace in the family room, covered front porch and HUGE covered back deck, there's loads to love about this one. The basement needs cosmetic work but w/2 separate living spaces, a full bath, & a huge laundry room there is potential. Home would make a great investment property.

Last Agent to Sell the Property

Lisa Hicks

Carpenter, REALTORS® License #AB21401359 Listed on: 12/07/2016

Carpenter, REALTORS®

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Community Details

  • Carters Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490536123022000914

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow,Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1948
  • Garage Y N: Yes
  • Lot Size Acres: 0.19
  • Subdivision Name: CARTERS PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Adorable bungalow in the heart of Speedway! Vintage features include original tile in kitchen & bath, hardwoods beneath carpeting, glass door knobs, & loads of charm. With 2 bedrooms on the main level, a fireplace in the family room, covered front porch and HUGE covered back deck, there's loads to love about this one. The basement needs cosmetic work but w/2 separate living spaces, a full bath, & a huge laundry room there is potential. Home would make a great investment property.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Gas Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Basement,Gas Starter,Living Room,Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Built In Book Shelves,Wood Work Painted
  • Living Area: 1848
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Areas Interior: Laundry in Basement,Utility Room
  • Eating Area: Eat In Kitchen,Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 924
  • Main Level Sq Ft: 924
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1848
  • Below Grade Sq Ft: 924
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini,Fence Partial
  • Foundation Details: Block
  • List Price: 104900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490536123022000914
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 0
  • Lot Size: 50'X168'

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2742
  • Semi Annual Property Tax Amt: 1371
  • Tax Exemption: None

MLS Schools

  • School District: Speedway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2016
Closed on
Apr 11, 2017
Sold by
Derek K
Bought by
John W
Seller's Agent
Lisa Hicks
Carpenter, REALTORS®
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$114,900
Sold Price
$95,000
Premium/Discount to List
-$19,900
-17.32%
Current Estimated Value
$267,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,282
Avg. Annual Appreciation
12.91%
Source: Public Records

Range of Values:

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Average Value
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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
John W $95,000 --
Reller John $95,000 Abstract & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2017 04/11/17 Sold $95,000 0.0% $51 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
03/17/2017 03/17/17 Off Market $95,000 -- --
02/24/2017 02/24/17 Price Changed $104,900 -4.2% $57 / Sq Ft
01/13/2017 01/13/17 Price Changed $109,500 -4.7% $59 / Sq Ft
12/07/2016 12/07/16 For Sale $114,900 -- $62 / 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 $3,822 $302,000 $22,300 $279,700
2023 $3,822 $295,900 $22,300 $273,600
2022 $3,771 $284,800 $22,300 $262,500
2021 $2,774 $217,800 $22,300 $195,500
2020 $2,562 $204,200 $22,300 $181,900
2019 $2,001 $161,700 $22,300 $139,400
2018 $3,006 $119,000 $22,300 $96,700
2017 $2,972 $118,400 $22,300 $96,100
2016 $2,768 $111,100 $22,300 $88,800
2014 $2,567 $103,900 $22,300 $81,600
2013 $2,960 $119,400 $22,300 $97,100
Source: Public Records

Agents Affiliated with this Home

  • Lisa Hicks

    Seller's Agent in 2017

    Lisa Hicks

    Carpenter, REALTORS®

    (317) 289-1562

    3 in this area

    124 Total Sales

    Lisa Hicks
    Section Image

  • N

    Buyer's Agent in 2017

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2017

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21455821

MIBOR Broker Listing Cooperative®

APN: 49-05-36-123-022.000-914

Indiana Marion County Indianapolis 46224

5503 W 16th St, Indianapolis, IN

This home is located at 5503 W 16th St, Indianapolis, IN 46224 since 07 December 2016 and is currently estimated at $267,282, approximately $144 per square foot. This property was built in 1948. 5503 W 16th St is a home located in Marion County with nearby schools including Speedway Junior High School, Speedway Senior High School, and St. Christopher 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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