NOT LISTED FOR SALE

5520 Floating Leaf Dr Indianapolis, IN 46237

Galludet Neighborhood

Estimated Value: $270,110 - $324,000

3 Beds
2.5 Baths
2,035 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $315,000 $155 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,797/month

1 Day on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Walk-In Closet
  • Franklin Central High School Rated A-
  • Storm Windows
  • Programmable Thermostat

About This Home

As of June 2022

Impeccably well maintained 3 bedroom, 2 and 1/2 bath home in Franklin Twnshp, with pond views. New, wide plank, vinyl hardwood flooring throughout main level. Front office could be used as 4th bedroom. Updated kitchen. All of interior recently painted. Large laundry room on 2nd level provides plenty of convenience. New HVAC! This home has so much to offer, its a definite must see!

Last Agent to Sell the Property

Sarah Hockenbury

Berkshire Hathaway Home Listed on: 06/01/2022

Berkshire Hathaway Home

Last Buyer's Agent

Teresa Kohl

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,610

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • Back Yard Fenced

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Window Screens
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Smart Thermostat
  • Storm Windows

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Outdoor Storage
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Association fees include insurance, maintenance, nature area, parkplayground, snow removal
  • Waters Edge At Cummins Farm Subdivision
  • Property managed by Kirkpatrick
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491502109051000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,610

Year Built

Built in 2003

Lot Details

6,534 Sq Ft Lot

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 2003
  • Building Area Total: 2035
  • Garage Y N: Yes
  • Green Energy Efficient: HVAC
  • Lot Size Acres: 0.15
  • Subdivision Name: WATERS EDGE AT CUMMINS FARM
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Walk-in Closet(s), Screens Complete, Storms Complete
  • Other Equipment: Programmable Thermostat, Water-Softener Owned
  • Areas Interior: Foyer Small,Laundry Room Upstairs
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2035
  • Main Level Sq Ft: 825
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Tub Garden
  • Kitchen Features: Kitchen Eat In,Pantry
  • Upper Level Sq Ft: 1210

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear, Playground, Storage
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Keyless Entry

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Management Company Name: Kirkpatrick
  • Management Company Phone: 317-570-4358
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Insurance, Maintenance, Nature Area, ParkPlayground, Snow Removal

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491502109051000300
  • Acres: <1/4 Acre
  • Lot Information: Pond,Sidewalks
  • Lot Number: 52
  • Lot Size: 6,621

Green Features

  • Green Certification Y N: 0
  • Smart Home Features: Thermostat - WiFi

Tax Info

  • Tax Annual Amount: 3610
  • Semi Annual Property Tax Amt: 1805
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 4, 2022
Sold by
Mamerto Santos Jr and Mamerto Christina
Bought by
Burroughs Daquann Rakim
Seller's Agent
Sarah Hockenbury
Berkshire Hathaway Home
Buyer's Agent
Teresa Kohl
eXp Realty, LLC
List Price
$275,000
Sold Price
$315,000
Premium/Discount to List
$40,000
14.55%
Current Estimated Value
$296,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,222
Avg. Annual Appreciation
-1.58%
Original Mortgage
$322,245
Outstanding Balance
$303,898
Interest Rate
5.1%
Mortgage Type
VA
Estimated Equity
-$7,120

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 23, 2021
Sold by
Spencer Susan
Bought by
Santos Mamerto and Santos Christina
Seller's Agent
Hellena Robinett
Highgarden Real Estate
Buyer's Agent
Becky Gluff
Keller Williams Indy Metro S
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.18%
Original Mortgage
$222,950
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2020
Sold by
Steinbrook Florence B and Spencer Susan
Bought by
Spencer Susan

Purchase Details

Closed on
Sep 26, 2018
Sold by
Steinbrook Florence B and Steinbrook Olliver L
Bought by
Spencer Susan and Steinbrook Florence B

Purchase Details

Listed on
Aug 21, 2012
Closed on
Mar 13, 2013
Sold by
Morgan Stephen J
Bought by
Steinbrook Olliver L and Steinbrook Florence B
Seller's Agent
Gregory Leugers
Keller Williams Indy Metro S
Buyer's Agent
Jeffrey Miles
F.C. Tucker Company
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$120,000
Interest Rate
3.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burroughs Daquann Rakim $315,000 Chicago Title
Santos Mamerto $235,000 Title Alliance
Spencer Susan -- None Available
Spencer Susan -- None Available
Steinbrook Olliver L $120,000 --
Steinbrook Olliver L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burroughs Daquann Rakim $322,245
Previous Owner Santos Mamerto $222,950
Previous Owner Steinbrook Olliver L $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $315,000 +14.5% $155 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $275,000 +17.0% $135 / Sq Ft
04/23/2021 04/23/21 Sold $235,000 +4.4% $115 / Sq Ft View Prior Sale
03/16/2021 03/16/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $225,000 +87.5% $111 / Sq Ft
03/13/2013 03/13/13 Sold $120,000 0.0% $59 / Sq Ft View Prior Sale
02/10/2013 02/10/13 Pending -- -- --
08/21/2012 08/21/12 For Sale $120,000 -- $59 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $2,732 $281,000 $28,000 $253,000
2024 $2,484 $273,200 $28,000 $245,200
2023 $2,484 $239,600 $28,000 $211,600
2022 $2,364 $225,500 $28,000 $197,500
2021 $1,805 $172,100 $28,000 $144,100
2020 $3,338 $162,800 $28,000 $134,800
2019 $3,139 $152,900 $16,500 $136,400
2018 $599 $134,300 $16,500 $117,800
2017 $539 $130,600 $16,500 $114,100
2016 $402 $122,700 $16,500 $106,200
2014 $95 $111,400 $16,500 $94,900
2013 $1,122 $110,200 $16,500 $93,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sarah Hockenbury

    Berkshire Hathaway Home

    Section Image

  • T

    Buyer's Agent in 2022

    Teresa Kohl

    eXp Realty, LLC

    Section Image
  • Hellena Robinett

    Seller's Agent in 2021

    Hellena Robinett

    Highgarden Real Estate

    (317) 698-5927

    1 in this area

    144 Total Sales

    Hellena Robinett
    Section Image

  • B

    Buyer's Agent in 2021

    Becky Gluff

    Keller Williams Indy Metro S

    Section Image
  • Gregory Leugers

    Seller's Agent in 2013

    Gregory Leugers

    Keller Williams Indy Metro S

    (317) 695-7368

    166 Total Sales

    Gregory Leugers
    Section Image

  • J

    Buyer's Agent in 2013

    Jeffrey Miles

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21860123

MIBOR Broker Listing Cooperative®

APN: 49-15-02-109-051.000-300

Indiana Marion County Indianapolis 46237 Galludet

5520 Floating Leaf Dr, Indianapolis, IN

Not Listed for Sale

Detached

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Based on information submitted to the MLS GRID

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