NOT LISTED FOR SALE

5516 Drum Rd Indianapolis, IN 46216

Estimated Value: $237,544 - $239,000

2 Beds
2 Baths
1,233 Sq Ft
$193/Sq Ft Est. Value

Last Sold October 27, 2015

Last sale price $96,000 $78 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,494/month

21 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Garage
  • Breakfast Room

About This Home

As of October 2015

THIS GREAT RANCH HOME FEATURES VAULTED CEILINGS, WALK IN CLOSETS, 1 FULL BATH WITH A DUAL VANITY IN THE MASTER BEDROOM, A SECOND BEDROOM AND FULL BATH, A NICE CORNER FIREPLACE IN THE GREAT ROOM, BREAKFAST ROOM, AND A KITCHEN. HOME IS ON A BEAUTIFUL CORNER LOT WITH LARGE BACKYARD, 2 CAR ATTACHED GARAGE.

Last Agent to Sell the Property

Dennis Nottingham

RE/MAX Advanced Realty License #RB14027621 Listed on: 07/16/2015

RE/MAX Advanced Realty

Co-Listed By

Stewart Duhamell

RE/MAX Advanced Realty License #RB14042543

Last Buyer's Agent

Daniel Mervar

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,132

Year Built

  • Built in 2003

Lot Details

  • 4,835 Sq Ft Lot

Parking

  • Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,233 Sq Ft Home
  • Great Room with Fireplace
  • Breakfast Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Association fees include maintenance
  • Benjamin Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490807110061000407

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,132

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 2003
  • Garage Y N: Yes
  • Lot Size Acres: 0.111
  • Subdivision Name: BENJAMIN SQUARE
  • Inspection Warranties: SeeRemarks
  • Property Description: THIS GREAT RANCH HOME FEATURES VAULTED CEILINGS, WALK IN CLOSETS, 1 FULL BATH WITH A DUAL VANITY IN THE MASTER BEDROOM, A SECOND BEDROOM AND FULL BATH, A NICE CORNER FIREPLACE IN THE GREAT ROOM, BREAKFAST ROOM, AND A KITCHEN. HOME IS ON A BEAUTIFUL CORNER LOT WITH LARGE BACKYARD, 2 CAR ATTACHED GARAGE.
  • Transaction Type: Sale
  • Website: indyhomepros.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Ceiling Vaulted,Walk-in Closet(s)
  • Living Area: 1233
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1233
  • Main Level Sq Ft: 1233
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1233
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: HUD-Owned
  • Foundation Details: Slab
  • List Price: 106000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Semi-Annually

Fee Information

  • Association Fee Includes: Maintenance
  • Mandatory Fee: 203

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490807110061000407
  • Acres: <1/4 Acre
  • Lot Number: 64
  • Lot Size: 4835

Tax Info

  • Tax Annual Amount: 2132
  • Semi Annual Property Tax Amt: 1066
  • Tax Exemption: HmsdTaxExpFiledNotReflected,MortageTaxExemption

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2018
Sold by
Kohorst Jillian Jean
Bought by
Jordann E
Current Estimated Value
$239,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Outstanding Balance
$108,405
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$131,184

Purchase Details

Listed on
Jul 16, 2015
Closed on
Oct 27, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Kohorst Jillian Jean
Seller's Agent
Dennis Nottingham
RE/MAX Advanced Realty
Buyer's Agent
Daniel Mervar
CENTURY 21 Scheetz
List Price
$106,000
Sold Price
$96,000
Premium/Discount to List
-$10,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$112,364
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2015
Sold by
Freedom Mortgage Corporation
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 17, 2015
Sold by
Rogers Shannon D and Powell Shannon
Bought by
Freedom Mortgage Corporation and Freedom Home Mortgage Corporation

Purchase Details

Closed on
Jun 5, 2013
Sold by
Rogers Shannon D and Powell Shannon D
Bought by
Rogers Shannon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,896
Interest Rate
3.34%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2013
Sold by
Powell Shannon D Rogers Fka Shanno D
Bought by
Rogers Shannon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,896
Interest Rate
3.34%
Mortgage Type
FHA
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
Jordann E $129,000 --
Dean Jordann E $129,000 Chicago Title
Kohorst Jillian Jean -- None Available
Secretary Of Housing & Urban Development -- None Available
Freedom Mortgage Corporation $75,600 None Available
Rogers Shannon D -- --
Rogers Shannon D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Jordann E $125,100
Previous Owner Kohorst Jillian Jean $110,345
Previous Owner Kohorst Jillian Jean $112,364
Previous Owner Rogers Shannon D $104,896
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2015 10/27/15 Sold $96,000 -9.4% $78 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $106,000 -- $86 / 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 $2,166 $193,700 $29,700 $164,000
2023 $2,166 $195,600 $29,700 $165,900
2022 $2,064 $181,800 $29,700 $152,100
2021 $1,803 $158,600 $29,700 $128,900
2020 $1,668 $145,700 $22,500 $123,200
2019 $1,340 $129,100 $22,500 $106,600
2018 $1,213 $119,700 $22,500 $97,200
2017 $1,121 $113,200 $22,500 $90,700
2016 $1,099 $112,300 $22,500 $89,800
2014 $2,132 $106,600 $22,500 $84,100
2013 $2,406 $120,300 $22,500 $97,800
Source: Public Records

Agents Affiliated with this Home

  • Dennis Nottingham

    Seller's Agent in 2015

    Dennis Nottingham

    RE/MAX Advanced Realty

    (317) 298-0961

    3 in this area

    149 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2015

    Stewart Duhamell

    RE/MAX Advanced Realty

    4 in this area

    180 Total Sales

    Section Image

  • D

    Buyer's Agent in 2015

    Daniel Mervar

    CENTURY 21 Scheetz

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21365564

MIBOR Broker Listing Cooperative®

APN: 49-08-07-110-061.000-407

Indiana Marion County Indianapolis 46216

5516 Drum Rd, Indianapolis, IN

This home is located at 5516 Drum Rd, Indianapolis, IN 46216 since 16 July 2015 and is currently estimated at $238,386, approximately $193 per square foot. This property was built in 2003. 5516 Drum Rd is a home located in Marion County with nearby schools including Harrison Hill Elementary School, Belzer Middle School, and Lawrence Central High School.

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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