NOT LISTED FOR SALE

5507 Gateridge Ln Unit 18 Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $163,000 - $188,000

2 Beds
2 Baths
1,204 Sq Ft
1,742 Sq Ft Lot

Last Sold February 13, 2020

Last sale price $110,000 $91 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,019/month

1 Day on Market

Highlights

  • Active Adult
  • Covered Patio or Porch
  • Forced Air Heating System
  • Ranch Style House
  • 1 Car Attached Garage
  • Combination Dining and Living Room

About This Home

As of February 2020

Location Location - Private yet convenient to restaurants, Interstates, shopping! Over 55 Lifestyle Community of 22 units - custom brick buildings w garage, front porch and private back yard. Room for your pet or your garden - This unit has a three season room that takes you out to the patio! Large Family Room & Dining Area - nice sized kitchen w all appliances. That extra room that you need for an office, crafts or just a reading/sitting room! Two Bedrooms and Two full baths. This has fresh paint and is move in ready. A lot of extra storage in the garage. Exterior maintained & insured by association.

Last Agent to Sell the Property

Sandi Finlinson

Landhawk Real Estate License #RB14035824 Listed on: 01/08/2020

Last Buyer's Agent

Douglas Zobel

Carpenter, REALTORS®

Carpenter, REALTORS®

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 2002

Lot Details

  • 1,742

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,204 Sq Ft Home
  • Combination Dining and Living Room
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Active Adult
  • Association fees include entrance common insurance insurance maintenance grounds maintenance structure maintenance management snow removal
  • Ridgeview Commons Subdivision
  • Property managed by Kirkpatrick

Listing and Financial Details

  • Assessor Parcel Number 491503152025000300

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,746

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2002
  • Garage Y N: Yes
  • Subdivision Name: RIDGEVIEW COMMONS
  • Inspection Warranties: Not Applicable
  • Property Description: Location Location - Private yet convenient to restaurants, Interstates, shopping! Over 55 Lifestyle Community of 22 units - custom brick buildings w garage, front porch and private back yard. Room for your pet or your garden - This unit has a three season room that takes you out to the patio! Large Family Room & Dining Area - nice sized kitchen w all appliances. That extra room that you need for an office, crafts or just a reading/sitting room! Two Bedrooms and Two full baths. This has fresh paint and is move in ready. A lot of extra storage in the garage. Exterior maintained & insured by association.
  • Transaction Type: Sale
  • Floor Number: 1
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 1
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Dryer,Disposal,Microwave,Electric Oven,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access,Handicap Accessible Interior,Windows Vinyl
  • Living Area: 1204
  • Other Equipment: Security Alarm Paid,Water-Softener Owned
  • Room Count: 7
  • Areas Interior: Laundry in Garage
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1204
  • Main Level Sq Ft: 1204
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull with Shower
  • Total Sq Ft: 1204
  • Below Grade Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Exterior Handicap Accessible
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 1
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Keyless Entry,Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air,Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick
  • Management Company Phone: 317-558-5341
  • H O A Disclosures: 55+ Community
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Entrance Common,Insurance,Insurance,Maintenance Grounds,Maintenance Structure,Maintenance,Management,Snow Removal
  • Mandatory Fee: 150

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491503152025000300
  • Acres: CndHPRCoop
  • Lot Information: Cul-De-Sac,Curbs,Tree Mature
  • Lot Number: 18
  • Lot Size: 1,742

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1746
  • Semi Annual Property Tax Amt: 873
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Feb 13, 2020
Sold by
Groves Merlin K and Groves Evelyn B
Bought by
Jones Krista L
Seller's Agent
Sandi Finlinson
Landhawk Real Estate
Buyer's Agent
Douglas Zobel
Carpenter, REALTORS®
List Price
$109,900
Sold Price
$110,000
Premium/Discount to List
$100
0.09%
Current Estimated Value
$177,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,671
Avg. Annual Appreciation
8.86%
Original Mortgage
$99,000
Outstanding Balance
$87,857
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$89,814

Purchase Details

Listed on
May 25, 2016
Closed on
Oct 21, 2016
Sold by
White Kathleen A
Bought by
Groves Merlin K and Groves Evelyn B
Seller's Agent
Helen Carroll
United Real Estate Indpls
Buyer's Agent
Sandi Finlinson
Landhawk Real Estate
List Price
$99,900
Sold Price
$96,000
Premium/Discount to List
-$3,900
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%

Purchase Details

Closed on
Jul 27, 2006
Sold by
Roberts Eula F
Bought by
White Kathleen A
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
Jones Krista L $110,000 Transnation Title Agency Natio
Groves Merlin K -- None Available
White Kathleen A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Krista L $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2020 02/13/20 Sold $110,000 +0.1% $91 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $109,900 +14.5% $91 / Sq Ft
10/21/2016 10/21/16 Sold $96,000 0.0% $80 / Sq Ft View Prior Sale
10/13/2016 10/13/16 Off Market $96,000 -- --
09/19/2016 09/19/16 For Sale $99,900 +4.1% $83 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
06/03/2016 06/03/16 Off Market $96,000 -- --
05/25/2016 05/25/16 For Sale $99,900 -- $83 / 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 $906 $104,600 $19,700 $84,900
2023 $906 $104,600 $19,700 $84,900
2022 $1,083 $104,600 $19,700 $84,900
2021 $1,049 $101,800 $19,700 $82,100
2020 $868 $91,700 $19,700 $72,000
2019 $1,809 $86,400 $19,700 $66,700
2018 $1,825 $87,300 $19,700 $67,600
2017 $1,815 $86,900 $19,700 $67,200
2016 $1,797 $86,100 $19,700 $66,400
2014 $2,008 $100,400 $19,700 $80,700
2013 $858 $100,400 $19,700 $80,700
Source: Public Records

Agents Affiliated with this Home

  • Sandi Finlinson

    Seller's Agent in 2020

    Sandi Finlinson

    Landhawk Real Estate

    (317) 439-0933

    74 Total Sales

    Sandi Finlinson
    Section Image

  • D

    Buyer's Agent in 2020

    Douglas Zobel

    Carpenter, REALTORS®

    Section Image

  • H

    Seller's Agent in 2016

    Helen Carroll

    United Real Estate Indpls

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21688395

MIBOR Broker Listing Cooperative®

APN: 49-15-03-152-025.000-300

Indiana Marion County Indianapolis 46237 South Emerson

5507 Gateridge Ln Unit 18, Indianapolis, IN

This home is located at 5507 Gateridge Ln Unit 18, Indianapolis, IN 46237 since 08 January 2020 and is currently estimated at $177,671, approximately $147 per square foot. This property was built in 2002. 5507 Gateridge Ln Unit 18 is a home located in Marion County with nearby schools including Franklin Central High School, Gray Road Christian School, and Indianapolis Southside Christian Academy.

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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