NOT LISTED FOR SALE

5507 Pappas Dr Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $219,000 - $236,405

3 Beds
1.5 Baths
1,484 Sq Ft
$153/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $130,000 $88 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,353/month

3 Days on Market

Highlights

  • In Ground Pool
  • Breakfast Room
  • Forced Air Heating and Cooling System
  • Franklin Central High School Rated A-
  • Woodwork
  • Garage

About This Home

As of September 2017

Rare Find in Franklin Township!! This bi-level home offers an in-ground pool & tiki bar for summer entertaining! 3 bedrooms, 1.5 baths, lower level family room w/fireplace plus main level formal living room. Updated kitchen w/new cabinets & countertops, new garbage disposal, new laminate flooring & all appliances stay! This home is truly MOVE-IN READY with new laminate flooring & carpet, fresh paint, new light fixtures & hardware throughout the home. The in-ground pool has a brand new pump and is open and ready enjoy now! Rear yard is fully fenced and offers privacy to the pool area. 1 year home warranty provided by the seller. This home is available for immediate occupancy at closing. See this one today!!

Last Agent to Sell the Property

Todd Cook

Keller Williams Indy Metro S License #RB14049099 Listed on: 08/18/2017

Keller Williams Indy Metro S

Co-Listed By

Aaron Henson

Dropped Members License #RB16001519

Last Buyer's Agent

Rosa Molina

Libertad Real Estate Co., LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1975

Lot Details

  • 7,802 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Bi-Level Home
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Woodwork
  • Wood Burning Fireplace
  • Window Screens
  • Family Room with Fireplace
  • Breakfast Room
  • Finished Basement
  • Sump Pump
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Driveway

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Arlington Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491503136023000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,082

Year Built

Built in 1975

Lot Details

7,802 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1975
  • Co List Office Phone: 317-882-5900
  • Garage Y N: Yes
  • Lot Size Acres: 0.1791
  • Subdivision Name: ARLINGTON ACRES
  • Inspection Warranties: Warranty Homebuyers,Not Applicable
  • Property Description: Rare Find in Franklin Township!! This bi-level home offers an in-ground pool & tiki bar for summer entertaining! 3 bedrooms, 1.5 baths, lower level family room w/fireplace plus main level formal living room. Updated kitchen w/new cabinets & countertops, new garbage disposal, new laminate flooring & all appliances stay! This home is truly MOVE-IN READY with new laminate flooring & carpet, fresh paint, new light fixtures & hardware throughout the home. The in-ground pool has a brand new pump and is open and ready enjoy now! Rear yard is fully fenced and offers privacy to the pool area. 1 year home warranty provided by the seller. This home is available for immediate occupancy at closing. See this one today!!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator
  • Levels: Multi/Split
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Screens Some, Wood Work Painted
  • Living Area: 1484
  • Other Equipment: Smoke Detector, Sump Pump
  • Room Count: 8
  • Areas Interior: Bedroom Other on Main,Foyer Small,Living Room Formal
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1484
  • Main Level Sq Ft: 456
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: TubFull with Shower
  • Total Sq Ft: 1484
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1028
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear, In Ground Pool
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491503136023000300
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 271
  • Lot Size: 7,802

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2082
  • Semi Annual Property Tax Amt: 1041
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Sep 19, 2017
Sold by
Merchant Monty K
Bought by
Soto Maxima L
Seller's Agent
Todd Cook
Keller Williams Indy Metro S
Buyer's Agent
Rosa Molina
Libertad Real Estate Co., LLC
List Price
$124,900
Sold Price
$130,000
Premium/Discount to List
$5,100
4.08%
Current Estimated Value
$227,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,351
Avg. Annual Appreciation
6.80%
Original Mortgage
$127,645
Outstanding Balance
$105,186
Interest Rate
3.86%
Mortgage Type
FHA
Estimated Equity
$122,165

Purchase Details

Closed on
Jul 29, 2008
Sold by
Secretary Of Veterans Affairs
Bought by
Merchant Monty K and Merchant Pamela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,800
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2007
Sold by
Citimortgage Inc
Bought by
Secretary Of Veterans

Purchase Details

Closed on
Aug 30, 2007
Sold by
Hartsock Bervin H
Bought by
Citimortgage Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Soto Maxima L $130,000 --
Soto Maxima L $130,000 New Hope Title
Merchant Monty K -- Ctic Emerson
Secretary Of Veterans -- None Available
Citimortgage Inc $51,614 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Maxima L $127,645
Previous Owner Merchant Monty K $42,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2017 09/20/17 Sold $130,000 0.0% $88 / Sq Ft
08/22/2017 08/22/17 Price Changed $130,000 +4.1% $88 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $124,900 -- $84 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $2,043 $203,900 $21,800 $182,100
2024 $2,002 $204,300 $21,800 $182,500
2023 $2,002 $172,800 $21,800 $151,000
2022 $2,035 $172,800 $21,800 $151,000
2021 $1,766 $148,000 $21,800 $126,200
2020 $1,609 $134,800 $21,800 $113,000
2019 $1,653 $137,400 $14,000 $123,400
2018 $1,563 $130,000 $14,000 $116,000
2017 $1,095 $95,000 $14,000 $81,000
2016 $1,852 $83,700 $14,000 $69,700
2014 $2,048 $97,400 $14,000 $83,400
2013 $1,216 $99,100 $14,000 $85,100
Source: Public Records

Agents Affiliated with this Home

  • Todd Cook

    Seller's Agent in 2017

    Todd Cook

    Keller Williams Indy Metro S

    (317) 503-3308

    5 in this area

    291 Total Sales

    Todd Cook
    Section Image

  • A

    Seller Co-Listing Agent in 2017

    Aaron Henson

    Dropped Members

    Section Image

  • R

    Buyer's Agent in 2017

    Rosa Molina

    Libertad Real Estate Co., LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21507029

MIBOR Broker Listing Cooperative®

APN: 49-15-03-136-023.000-300

Indiana Marion County Indianapolis 46237 South Emerson

5507 Pappas Dr, Indianapolis, IN

Not Listed for Sale

Detached

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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.
Based on information submitted to the MLS GRID

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