NOT LISTED FOR SALE

5506 E University Ave Indianapolis, IN 46219

Irvington Neighborhood

Estimated Value: $245,000 - $305,000

4 Beds
2 Baths
2,352 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $185,000 $79 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,651/month

19 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of June 2021

Amazing opportunity in Historic Irvington!! This 4 bedroom/ 2bathroom (+ loft) home comes with a story to tell! This former private Kindergarten and Doctors office ran for decades by the Neier's Family is looking for some TLC to restore it to the Jewel it can be. Walk around and let history guide you with the original hardwood floors, tiger wood fireplace, woodwork details, built- in hutch and so on... This home has a fenced yard, detached 2 car garage, newer roof (approx. 2years old) and HVAC (approx. 4years old).

Last Agent to Sell the Property

Tatiana Van Braeckel

Maywright Property Co. License #RB20001045 Listed on: 05/07/2021

Last Buyer's Agent

Bradley A. Hamann

Hamann Sense, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,638

Year Built

  • Built in 1910

Lot Details

  • 8,320

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Stucco

Interior Spaces

  • Family Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 8,320 Sq Ft Lot

Community Details

  • Julian Johnson Rawles & Goodes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491010178228000701

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,638

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1910
  • Building Area Total: 2352
  • Garage Y N: Yes
  • Lot Size Acres: 0.191
  • Subdivision Name: JULIAN JOHNSON RAWLES & GOODES
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Refrigerator
  • Levels: 2 1/2 Levels
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Other Equipment: Not Applicable
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1568
  • Main Level Sq Ft: 784
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 784
  • Upper Level Sq Ft: 784
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Stucco, Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 200000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491010178228000701
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 44
  • Lot Size: 8,320

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3638
  • Semi Annual Property Tax Amt: 1819
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 6, 2021
Sold by
Jensen William W
Bought by
Leedy Victoria
Seller's Agent
Tatiana Van Braeckel
Maywright Property Co.
Buyer's Agent
Bradley A. Hamann
Hamann Sense, LLC
List Price
$215,000
Sold Price
$185,000
Premium/Discount to List
-$30,000
-13.95%
Current Estimated Value
$271,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,982
Avg. Annual Appreciation
9.49%

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 29, 2021
Sold by
Jensen William W
Bought by
Leedy Victoria
Seller's Agent
Tatiana Van Braeckel
Maywright Property Co.
Buyer's Agent
Bradley A. Hamann
Hamann Sense, LLC
List Price
$215,000
Sold Price
$185,000
Premium/Discount to List
-$30,000
-13.95%

Purchase Details

Closed on
Apr 3, 2018
Sold by
Jensen William W and Jensen Jamidawn
Bought by
Jensen William W

Purchase Details

Closed on
Mar 15, 2007
Sold by
Jensen William W
Bought by
Jensen William W and Jensen Jamidawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,715
Interest Rate
6.27%
Mortgage Type
Stand Alone Second
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
Leedy Victoria -- Enterprise Title
Leedy Victoria $185,000 Enterprise Title
Jensen William W -- None Available
Jensen William W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jensen William W $26,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $185,000 -14.0% $79 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $215,000 -- $91 / 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 $2,513 $224,600 $27,500 $197,100
2023 $2,513 $205,500 $27,500 $178,000
2022 $3,647 $213,700 $27,500 $186,200
2021 $2,322 $192,600 $27,500 $165,100
2020 $3,885 $163,500 $18,200 $145,300
2019 $3,735 $154,100 $18,200 $135,900
2018 $3,592 $146,800 $18,200 $128,600
2017 $3,024 $138,100 $18,200 $119,900
2016 $2,668 $124,100 $18,200 $105,900
2014 $2,411 $111,500 $18,200 $93,300
2013 $2,241 $107,800 $18,200 $89,600
Source: Public Records

Agents Affiliated with this Home

  • Tatiana Van Braeckel

    Seller's Agent in 2021

    Tatiana Van Braeckel

    Maywright Property Co.

    (317) 383-9825

    4 in this area

    51 Total Sales

    Tatiana Van Braeckel
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley A. Hamann

    Hamann Sense, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21783402

MIBOR Broker Listing Cooperative®

APN: 49-10-10-178-228.000-701

Indiana Marion County Indianapolis 46219 Irvington

5506 E University Ave, Indianapolis, IN

This home is located at 5506 E University Ave, Indianapolis, IN 46219 since 07 May 2021 and is currently estimated at $271,982, approximately $115 per square foot. This property was built in 1910. 5506 E University Ave is a home located in Marion County with nearby schools including George W. Julian School No. 57, Arsenal Technical High School, and George Washington Community High School No. 721.

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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