NOT LISTED FOR SALE

5504 W 16th St Indianapolis, IN 46224

Estimated Value: $192,000 - $223,827

2 Beds
1 Bath
792 Sq Ft
$268/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $72,000 $91 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $1,504/month

802 Days on Market

Highlights

  • 0.4 Acre Lot
  • Mature Trees
  • Separate Formal Living Room
  • Speedway Junior High School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of September 2013

Adorable 2 Bedroom, 1 full bath bungalow. Nice breezeway connect 1 car attached garage plus carport and adjoining storage room. Situated on over sized corner lot in popular Schloss Home Place Speedway. Home is freshly painted throughout!! Other updates include new roof, new furnace and new a/c. This quality built home with hardwood floors and a full basement await you! Close to everything...shopping, church, motor speedway & so much more.

Last Agent to Sell the Property

Kelly Wood

RE/MAX Centerstone Brokerage Email: kelly@kwoodhomes.com License #RB14025548 Listed on: 06/01/2011

RE/MAX Centerstone

Last Buyer's Agent

Douglas Alvey

RE/MAX Advanced Realty License #RB14044284

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $400

Year Built

  • Built in 1942

Lot Details

  • 0.4 Acre Lot
  • Corner Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Carport
  • Garage Door Opener

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Frame Window
  • Separate Formal Living Room
  • Wood Flooring
  • Attic Access Panel
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Breezeway

Utilities

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

Community Details

  • No Home Owners Association
  • Schloss Home Place Subdivision

Listing and Financial Details

  • Tax Lot 282
  • Assessor Parcel Number 490536118007000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$400

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1942
  • Building Area Total: 1584
  • Garage Y N: Yes
  • Lot Size Acres: 0.4
  • Subdivision Name: Schloss Home Place
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: kelly@kwoodhomes.com
  • Attribution Contact: kelly@kwoodhomes.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Hardwood Floors, Wood Work Painted, Windows Wood, Eat-in Kitchen
  • Living Area: 792
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Areas Interior: Living Room Formal
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 792
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • Fencing: Partial
  • Foundation Details: Block
  • List Price: 80000
  • Patio And Porch Features: Breeze Way, Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Carport, Concrete, Garage Door Opener
  • Garage Parking Other: Keyless Entry

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot, Sidewalks, Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 55
  • Parcel Number: 490536118007000914
  • Acres: 1/4-1/2 Acre

Tax Info

  • Tax Annual Amount: 400
  • Tax Lot: 282
  • Semi Annual Property Tax Amt: 200
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2011
Closed on
Nov 5, 2013
Sold by
Urick Annie and Sercer John J
Bought by
Martin Brady
Seller's Agent
Kelly Wood
RE/MAX Centerstone
Buyer's Agent
Douglas Alvey
RE/MAX Advanced Realty
List Price
$80,000
Sold Price
$72,000
Premium/Discount to List
-$8,000
-10%
Current Estimated Value
$214,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,549
Avg. Annual Appreciation
9.54%
Original Mortgage
$57,600
Outstanding Balance
$43,898
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$169,635
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
Martin Brady -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Brady $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold $72,000 -10.0% $91 / Sq Ft
05/09/2013 05/09/13 Price Changed $80,000 0.0% $101 / Sq Ft
05/09/2013 05/09/13 For Sale $80,000 +11.1% $101 / Sq Ft
09/08/2011 09/08/11 Off Market $72,000 -- --
06/01/2011 06/01/11 For Sale $85,000 -- $107 / 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 $4,025 $163,200 $12,600 $150,600
2023 $4,025 $159,700 $12,600 $147,100
2022 $3,913 $153,700 $12,600 $141,100
2021 $3,072 $121,400 $12,600 $108,800
2020 $2,843 $113,600 $12,600 $101,000
2019 $2,589 $103,300 $12,600 $90,700
2018 $2,578 $102,200 $12,600 $89,600
2017 $2,561 $101,900 $12,600 $89,300
2016 $2,411 $96,600 $12,600 $84,000
2014 $2,252 $91,000 $12,600 $78,400
2013 $525 $87,400 $12,600 $74,800
Source: Public Records

Agents Affiliated with this Home

  • Kelly Wood

    Seller's Agent in 2013

    Kelly Wood

    RE/MAX Centerstone

    (317) 753-6656

    143 Total Sales

    Section Image
  • Douglas Alvey

    Buyer's Agent in 2013

    Douglas Alvey

    RE/MAX Advanced Realty

    (317) 366-7532

    1 in this area

    28 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21125002

MIBOR Broker Listing Cooperative®

APN: 49-05-36-118-007.000-914

Indiana Marion County Indianapolis 46224

5504 W 16th St, Indianapolis, IN

This home is located at 5504 W 16th St, Indianapolis, IN 46224 since 01 June 2011 and is currently estimated at $212,457, approximately $268 per square foot. This property was built in 1942. 5504 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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