NOT LISTED FOR SALE

5523 Gateridge Ln Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $168,000 - $186,000

2 Beds
1 Bath
1,202 Sq Ft
1,742 Sq Ft Lot

Last Sold March 06, 2018

Last sale price $97,500 $81 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,024/month

6 Days on Market

Highlights

  • Ranch Style House
  • Handicap Accessible
  • Garage
  • Franklin Central High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2018

Ready to move into clean and neat condo style home in 55 and over community conveniently located close to shopping, restaurants and I-465 in quiet area featuring interior painted in 2017 with comfortable open floor plan with nice Kitchen plus 11x9 Sun Room overlooking private backyard

Last Agent to Sell the Property

John Breck

Carpenter, REALTORS® License #RB14007142 Listed on: 01/26/2018

Carpenter, REALTORS®

Last Buyer's Agent

Nancy Burk

RE/MAX Advanced Realty License #RB14044698

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $402

Year Built

  • Built in 2000

Lot Details

  • 1,742

Home Design

  • 1,202 Sq Ft Home
  • Ranch Style House
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Electric Oven
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Dryer

Home Security

Parking

  • Garage
  • Driveway

Accessible Home Design

  • Handicap Accessible

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 491503152009000300

Community Details

Overview

  • Association fees include insurance, ground maintenance, snow removal
  • Ridgeview Commons Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$402

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 2000
  • Garage Y N: Yes
  • Lot Size Acres: 0.04
  • Subdivision Name: RIDGEVIEW COMMONS
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: Ready to move into clean and neat condo style home in 55 and over community conveniently located close to shopping, restaurants and I-465 in quiet area featuring interior painted in 2017 with comfortable open floor plan with nice Kitchen plus 11x9 Sun Room overlooking private backyard
  • Transaction Type: Sale
  • Floor Number: 1
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer, Disposal, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Handicap Accessible Interior
  • Living Area: 1202
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Laundry in Garage
  • Eating Area: Dining Combo/Great Room,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1202
  • Main Level Sq Ft: 1202
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1202
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 1
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: None
  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Insurance, Insurance, Maintenance Grounds, Snow Removal
  • Mandatory Fee: 115

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491503152009000300
  • Acres: <1/4 Acre
  • Lot Information: Cul-De-Sac,Sidewalks,Trees Small
  • Lot Number: 14
  • Lot Size: .04

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 402
  • Semi Annual Property Tax Amt: 201
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Jean Dewees Alma
Bought by
Rayburn Kathy and Rayburn Bryan
Current Estimated Value
$178,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Outstanding Balance
$128,518
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$49,597

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 6, 2018
Sold by
Hart Susanne M and Schopp Michael D
Bought by
Dewees Alma J
Seller's Agent
John Breck
Carpenter, REALTORS®
Buyer's Agent
Nancy Burk
RE/MAX Advanced Realty
List Price
$95,900
Sold Price
$97,500
Premium/Discount to List
$1,600
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$94,575
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2017
Sold by
Hart Susanne M
Bought by
Hart Susanne M and Schopp Michael D
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
Rayburn Kathy -- --
Dewees Alma J $97,500 Chicago Title Company, Llc
Hart Susanne M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rayburn Kathy $136,000
Previous Owner Dewees Alma J $94,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2018 03/06/18 Sold $97,500 0.0% $81 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
02/02/2018 02/02/18 Price Changed $97,500 +1.7% $81 / Sq Ft
01/26/2018 01/26/18 For Sale $95,900 -- $80 / 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 $948 $107,500 $19,700 $87,800
2023 $948 $107,500 $19,700 $87,800
2022 $415 $103,400 $19,700 $83,700
2021 $407 $96,600 $19,700 $76,900
2020 $399 $88,100 $19,700 $68,400
2019 $488 $89,800 $19,700 $70,100
2018 $748 $84,500 $19,700 $64,800
2017 $468 $84,000 $19,700 $64,300
2016 $478 $83,300 $19,700 $63,600
2014 $611 $97,100 $19,700 $77,400
2013 $599 $97,100 $19,700 $77,400
Source: Public Records

Agents Affiliated with this Home

  • John Breck

    Seller's Agent in 2018

    John Breck

    Carpenter, REALTORS®

    (317) 847-9744

    4 in this area

    82 Total Sales

    John Breck
    Section Image

  • N

    Buyer's Agent in 2018

    Nancy Burk

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21542307

MIBOR Broker Listing Cooperative®

APN: 49-15-03-152-009.000-300

Indiana Marion County Indianapolis 46237 South Emerson

5523 Gateridge Ln, Indianapolis, IN

This home is located at 5523 Gateridge Ln, Indianapolis, IN 46237 since 26 January 2018 and is currently estimated at $178,115, approximately $148 per square foot. This property was built in 2000. 5523 Gateridge Ln is a home located in Marion County with nearby schools including Franklin Central High School, Gray Road Christian School, and Indianapolis Southside Christian Academy.

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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