NOT LISTED FOR SALE

5514 W 16th St Indianapolis, IN 46224

Estimated Value: $261,000 - $278,546

3 Beds
3 Baths
2,276 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $238,000 $105 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,683/month

110 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • Eat-In Kitchen
  • Speedway Junior High School Rated A
  • Covered patio or porch
  • Bungalow

About This Home

As of March 2023

Amazing renovated Bungalow. 3 Full bathrooms. Master Bedroom has his/her closets. Unbelievable Master Bath. Arched doorways. Roof, windows & vinyl siding - 1 month old. Kitchen, main floor Baths, laundry/mudroom, light fixtures, updated 2020. Electric, plumbing, & electrical panel updated 2020. Basement is mostly drywalled with egress window, ready for your finishing touches!

Last Agent to Sell the Property

Sharon Foster

F.C. Tucker Company Brokerage Email: sharon.mckibbin@talktotucker.com License #RB14019704 Listed on: 11/09/2022

F.C. Tucker Company

Last Buyer's Agent

Marsha Ramons

Dubois Realty Co., Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 1943

Lot Details

  • 7,144 Sq Ft Lot
  • Mature Trees

Parking

  • Guest Parking

Home Design

  • Bungalow
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Paddle Fans
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Utility Room
  • Laundry on main level
  • Luxury Vinyl Plank Tile Flooring
  • Finished Basement
  • Basement Window Egress
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered patio or porch
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Schloss Home Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 284 / 7
  • Assessor Parcel Number 490536118013000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,740

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1943
  • Building Area Total: 2416
  • Garage Y N: No
  • Lot Size Acres: 0.164
  • Subdivision Name: Schloss Home Place
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: sharon.mckibbin@talktotucker.com
  • Attribution Contact: sharon.mckibbin@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Egress Window(s)
  • Appliances: Dishwasher, Gas Oven, MicroHood, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1028
  • Interior Amenities: Attic Access, Windows Vinyl, Paddle Fan, Eat-in Kitchen, Hi-Speed Internet Availbl
  • Living Area: 2276
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Areas Interior: Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1248
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 4

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Storage Shed
  • Foundation Details: Poured Concrete
  • List Price: 259000
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Parking Features: Guest Parking, Storage, Other

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Curbs, Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 7144
  • Parcel Number: 490536118013000914
  • Acres: <1/4 Acre
  • Price Acre: 1451220

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1740
  • Tax Block: 7
  • Tax Lot: 284
  • Semi Annual Property Tax Amt: 870
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Mar 28, 2023
Sold by
Obanion Kellie A
Bought by
Vest Breea
Seller's Agent
Sharon Foster
F.C. Tucker Company
Buyer's Agent
Marsha Ramons
Dubois Realty Co., Inc.
List Price
$262,000
Sold Price
$238,000
Premium/Discount to List
-$24,000
-9.16%
Views
170
Current Estimated Value
$269,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,887
Avg. Annual Appreciation
6.22%
Original Mortgage
$230,860
Outstanding Balance
$225,347
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$48,894

Purchase Details

Closed on
Jun 29, 2019
Sold by
Crumley James L and Crumley Suzanne D
Bought by
Obanion Kellie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,631
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2011
Sold by
Crumley Suzanne D and Crumley Kellie A
Bought by
Crumley James L and Crumley Suzanne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,600
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Crumley James L
Bought by
Crumley Suzanne D and Crumley Kellie A

Purchase Details

Closed on
Mar 25, 2005
Sold by
King Shelley A
Bought by
Grabowski Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,805
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2004
Sold by
Crumley James L
Bought by
Crumley James L and Crumley Suzanne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,450
Interest Rate
5.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vest Breea $238,000 Chicago Title
Obanion Kellie A $40,000 Security Title Services
Crumley James L -- None Available
Crumley Suzanne D -- None Available
Grabowski Paul J -- None Available
Crumley James L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vest Breea $230,860
Previous Owner Obanion Kellie A $139,335
Previous Owner Obanion Kellie A $139,631
Previous Owner Crumley James L $38,600
Previous Owner Grabowski Paul J $118,805
Previous Owner Crumley James L $41,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $238,000 -8.1% $105 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $259,000 -1.1% $114 / Sq Ft
11/09/2022 11/09/22 For Sale $262,000 -- $115 / 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 $2,314 $246,900 $12,300 $234,600
2023 $2,314 $187,800 $12,300 $175,500
2022 $2,275 $180,800 $12,300 $168,500
2021 $1,741 $141,000 $12,300 $128,700
2020 $1,604 $132,000 $12,300 $119,700
2019 $1,296 $119,700 $12,300 $107,400
2018 $1,305 $118,500 $12,300 $106,200
2017 $1,331 $122,900 $12,300 $110,600
2016 $1,231 $116,000 $12,300 $103,700
2014 $1,195 $114,400 $12,300 $102,100
2013 $1,105 $109,500 $12,300 $97,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21892758

MIBOR Broker Listing Cooperative®

APN: 49-05-36-118-013.000-914