NOT LISTED FOR SALE

5516 S Kealing Ave Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $222,000 - $243,000

4 Beds
3 Baths
1,920 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $205,000 $107 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,477/month

68 Days on Market

Highlights

  • Galley Kitchen
  • Attached Garage
  • Combination Kitchen and Dining Room

About This Home

As of February 2022

This four bedrooms, two and half bath ranch with a basement is ready for a new owner. All appliances stay with the house, recent updates include oven/range-Electric. Half bath has a new toilet, and all three bedroom has been recently painted. Carpets was also deep cleaned. Great room ceiling fan (Hunter fan) and garage opener (powered by 'tuya') are connected to wi-fi. Kitchen exhaust fan was installed above oven/range for cooktop ventilation. Thermometer can be connected to your phone and wi-fi friendly, garbage disposal was replaced recently, and front-porch light is motion detected. The bedrooms in the basement do not have egress windows and the 4th room can be used as a bedroom.

Last Agent to Sell the Property

Johnny Kap

Keller Williams Indy Metro S License #RB14045773 Listed on: 10/23/2021

Keller Williams Indy Metro S

Last Buyer's Agent

Anne DeWeese

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,740

Year Built

  • 1974

Lot Details

  • 10,019

Parking

  • Attached Garage

Interior Spaces

  • Combination Kitchen and Dining Room
  • Laundry in Basement
  • Galley Kitchen

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,740

Year Built

1974

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: LeadBasePaint,Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Architectural Style: Ranch
  • Directions: From Madison Ave toward N, turn right onto E Edgewood Ave., turn left onto McFarland Road. Then, turn right onto E Dudley Ave, and left onto Redwood Dr., and the destination is on the right.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: MARYKNOLL PARK
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Appliances: Dryer, Electric Oven, Refrigerator, Washer
  • Has Basement: Full
  • Areas Interior: Laundry in Basement
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 960
  • Main Level Sq Ft: 960
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Bath Half
  • Kitchen Features: Kitchen Galley
  • Below Grade Sq Ft: 960
  • Pct Optional Level Finished: 75+%
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Wood Work Stained
  • Other Equipment: Smoke Detector

Exterior Features

  • Exterior Features: Driveway Concrete, Storage
  • Foundation Details: Block, Full
  • Association Maintained Building Exterior: 0
  • Construction Type: Vinyl With Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Spaces: 1

Utilities

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

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks
  • Lot Number: 169
  • Lot Size: 10,062

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 870
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Annual Amount: 1740
  • Tax Year: 2020

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Feb 9, 2022
Sold by
Vanruat Tluang Van
Bought by
Despain Ronald W and Dent Hollie A
Seller's Agent
Johnny Kap
Keller Williams Indy Metro S
Buyer's Agent
Anne DeWeese
CENTURY 21 Scheetz
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%
Current Estimated Value
$233,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,053
Avg. Annual Appreciation
3.46%
Original Mortgage
$201,286
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 23, 2021
Closed on
Feb 2, 2022
Sold by
Vanruat Tluang Van
Bought by
Despain Ronald W and Dent Hollie A
Seller's Agent
Johnny Kap
Keller Williams Indy Metro S
Buyer's Agent
Anne DeWeese
CENTURY 21 Scheetz
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jan 17, 2020
Sold by
Hall Stanley O and Hall Rita J
Bought by
Tluang Van Ruat
Seller's Agent
Todd Cook
Keller Williams Indy Metro S
Buyer's Agent
San Thang
Mang Tha Real Estate, LLC
List Price
$154,900
Sold Price
$154,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%
Original Mortgage
$152,093
Interest Rate
3.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Despain Ronald W -- Chicago Title
Despain Ronald W $205,000 Chicago Title
Tluang Van Ruat $154,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Despain Ronald W $9,897
Closed Despain Ronald W $201,286
Closed Despain Ronald W $201,286
Previous Owner Tluang Van Ruat $152,093
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $205,000 -6.8% $107 / Sq Ft
12/31/2021 12/31/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $220,000 +42.0% $115 / Sq Ft
01/17/2020 01/17/20 Sold $154,900 0.0% $81 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $154,900 -- $81 / 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 $2,416 $189,300 $22,300 $167,000
2023 $2,416 $189,300 $22,300 $167,000
2022 $2,231 $170,300 $22,300 $148,000
2021 $1,861 $141,600 $22,300 $119,300
2020 $1,739 $134,100 $22,300 $111,800
2019 $1,767 $135,600 $14,300 $121,300
2018 $1,590 $125,800 $14,300 $111,500
2017 $1,647 $129,000 $14,300 $114,700
2016 $1,495 $120,300 $14,300 $106,000
2014 $1,324 $121,500 $14,300 $107,200
2013 $1,341 $121,500 $14,300 $107,200
Source: Public Records

Agents Affiliated with this Home

  • Johnny Kap

    Seller's Agent in 2022

    Johnny Kap

    Keller Williams Indy Metro S

    (317) 402-7497

    4 in this area

    128 Total Sales

    Section Image

  • A

    Buyer's Agent in 2022

    Anne DeWeese

    CENTURY 21 Scheetz

    (317) 426-7644

    1 in this area

    22 Total Sales

    Section Image
  • Todd Cook

    Seller's Agent in 2020

    Todd Cook

    Keller Williams Indy Metro S

    (317) 503-3308

    330 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Mike Young

    Keller Williams Indy Metro S

  • S

    Buyer's Agent in 2020

    San Thang

    Mang Tha Real Estate, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21820168

MIBOR Broker Listing Cooperative®

APN: 49-15-05-105-022.000-500

Indiana Marion County Indianapolis 46227 Edgewood

5516 S Kealing Ave, Indianapolis, IN

This home is located at 5516 S Kealing Ave, Indianapolis, IN 46227 since 23 October 2021 and is currently estimated at $233,053, approximately $121 per square foot. This property was built in 1974. 5516 S Kealing Ave is a home located in Marion County with nearby schools including Clinton Young Elementary School, Southport 6th Grade Academy, and Southport Middle 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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