5505 Michigan Rd Indianapolis, IN 46228
Wynnedale-Spring Hill NeighborhoodEstimated Value: $303,000 - $372,499
3
Beds
2
Baths
1,848
Sq Ft
$181/Sq Ft
Est. Value
About This Home
This home is located at 5505 Michigan Rd, Indianapolis, IN 46228 and is currently estimated at $335,125, approximately $181 per square foot. 5505 Michigan Rd is a home located in Marion County with nearby schools including Crooked Creek Elementary School, Westlane Middle School, and North Central High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 14, 2014
Sold by
Fannie Mae
Bought by
Smith Lauren E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Outstanding Balance
$75,995
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$259,130
Purchase Details
Closed on
Feb 7, 2014
Sold by
Glaspie Shawna N
Bought by
Federal National Mortgage Association and Fannie Mae
Purchase Details
Closed on
Jan 30, 2014
Sold by
Layton Sheriff John R
Bought by
Federal National Mortgage Association
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Lauren E | -- | Statewide Title Company Inc | |
| Federal National Mortgage Association | $169,377 | None Available | |
| Federal National Mortgage Association | $169,377 | Feiwell & Hannoy |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Lauren E | $98,800 |
Source: Public Records
Tax History Compared to Growth
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 | $4,128 | $308,000 | $70,800 | $237,200 |
| 2023 | $4,128 | $314,100 | $70,800 | $243,300 |
| 2022 | $2,890 | $232,500 | $70,800 | $161,700 |
| 2021 | $2,890 | $212,400 | $25,400 | $187,000 |
| 2020 | $2,550 | $205,700 | $25,400 | $180,300 |
| 2019 | $2,213 | $192,600 | $25,400 | $167,200 |
| 2018 | $2,132 | $182,100 | $25,400 | $156,700 |
| 2017 | $1,985 | $174,400 | $25,400 | $149,000 |
| 2016 | $3,163 | $160,600 | $25,400 | $135,200 |
| 2014 | $1,651 | $177,700 | $25,400 | $152,300 |
| 2013 | $1,623 | $168,200 | $25,400 | $142,800 |
Source: Public Records
Map
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