5508 Mills Rd Indianapolis, IN 46221
Valley Mills NeighborhoodEstimated Value: $221,216 - $238,000
4
Beds
2
Baths
1,484
Sq Ft
$156/Sq Ft
Est. Value
About This Home
This home is located at 5508 Mills Rd, Indianapolis, IN 46221 and is currently estimated at $231,304, approximately $155 per square foot. 5508 Mills Rd is a home located in Marion County with nearby schools including Gold Academy, Decatur Middle School, and Decatur Central High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 27, 2025
Sold by
Dd & B Investments Llc
Bought by
Hernandez Marcos Rolando and Hernandez Ashley Lynn
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
$8,190
Interest Rate
1.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 2015
Sold by
J & J Homes Llc
Bought by
Dd & B Investments Llc
Purchase Details
Closed on
Nov 5, 2013
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
J & J Homes Llc
Purchase Details
Closed on
Sep 6, 2013
Purchase Details
Closed on
Jul 17, 2013
Sold by
John R Layton Sheriff Of Marion County
Purchase Details
Closed on
Jun 6, 2007
Sold by
Shumaker Kevin E
Bought by
Mcdaniel David A and Mcdaniel Carla S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 7, 2006
Sold by
Hsbc Morgag Services Inc
Bought by
Shumaker Kevin E
Purchase Details
Closed on
Aug 28, 2006
Sold by
Koch L L and Koch Donald W
Bought by
Household Mtg Funding Crop Iii
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hernandez Marcos Rolando | -- | Near North Title Group | |
| Dd & B Investments Llc | -- | Attorney | |
| J & J Homes Llc | -- | -- | |
| -- | $112,500 | -- | |
| -- | $112,500 | -- | |
| Mcdaniel David A | -- | Associates Title Ins Co | |
| Shumaker Kevin E | -- | None Available | |
| Hsbc Mortgage Services Inc | -- | None Available | |
| Household Mtg Funding Crop Iii | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Hernandez Marcos Rolando | $8,190 | |
| Open | Hernandez Marcos Rolando | $229,761 | |
| Previous Owner | Mcdaniel David A | $110,000 |
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 | $4,220 | $208,200 | $16,300 | $191,900 |
| 2023 | $4,220 | $182,300 | $16,300 | $166,000 |
| 2022 | $3,922 | $168,800 | $16,300 | $152,500 |
| 2021 | $3,258 | $136,100 | $16,300 | $119,800 |
| 2020 | $3,007 | $132,000 | $16,300 | $115,700 |
| 2019 | $2,889 | $120,300 | $16,300 | $104,000 |
| 2018 | $2,666 | $112,000 | $16,300 | $95,700 |
| 2017 | $2,514 | $104,900 | $16,300 | $88,600 |
| 2016 | $2,564 | $107,400 | $16,300 | $91,100 |
| 2014 | $2,075 | $91,100 | $16,300 | $74,800 |
| 2013 | -- | $86,100 | $16,300 | $69,800 |
Source: Public Records
Map
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