5514 W 16th St Indianapolis, IN 46224
Estimated payment $1,773/month
Highlights
- No HOA
- Eat-In Kitchen
- 1-Story Property
- Speedway Junior High School Rated A
- Bungalow
- Luxury Vinyl Plank Tile Flooring
About This Home
If you are looking for that home in Speedway this, is it. Welcome home to this amazing Bungalow, presents an attractive single-family residence. This home is in great condition, ready to welcome its owner. Arched doorways. The kitchen offers a beautiful space to explore your culinary interests with cabinets paired with countertops and a backsplash that adds a touch of elegance. Three full bathrooms provide convenience. The master bedroom has his/her closets with unbelievable master bath. Roof, windows and siding replaced 3- years ago. Water heater less than 2 years old. Walking distance to a park and a bakery (to have that coffee and pastry). Outside, a porch provides a spot to enjoy fresh air, while the fenced backyard offers an area for outdoor activities. Basement provides endless possibilities for recreation and storage. Basement is mostly all drywalled (except one room) and there is an egress window. Schedule your showing today
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,126
Year Built
- Built in 1943
Lot Details
- 7,144 Sq Ft Lot
Home Design
- Bungalow
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Paddle Fans
- Combination Kitchen and Dining Room
- Utility Room
- Luxury Vinyl Plank Tile Flooring
- Attic Access Panel
- Basement
Kitchen
- Eat-In Kitchen
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Arthur C Newby Elementary School 2
- Speedway Junior High School
- Speedway Senior High School
Utilities
- Central Air
- Gas Water Heater
Community Details
- No Home Owners Association
- Schloss Home Place Subdivision
Listing and Financial Details
- Tax Lot 9026881
- Assessor Parcel Number 490536118013000914
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Pending | -- | -- | -- |
| 09/07/2025 09/07/25 | Price Changed | $283,900 | -3.7% | $134 / Sq Ft |
| 08/28/2025 08/28/25 | For Sale | $294,900 | +23.9% | $139 / Sq Ft |
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $238,000 | Chicago Title | |
| Warranty Deed | $40,000 | Security Title Services | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,860 | New Conventional | |
| Previous Owner | $139,335 | FHA | |
| Previous Owner | $139,631 | FHA | |
| Previous Owner | $38,600 | New Conventional | |
| Previous Owner | $118,805 | New Conventional | |
| Previous Owner | $41,450 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22058875
APN: 49-05-36-118-013.000-914
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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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