NOT LISTED FOR SALE

5523 Pappas Dr Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $224,000 - $260,938

3 Beds
1.5 Baths
1,955 Sq Ft
$124/Sq Ft Est. Value

Sale Details

Date Sold: March 2, 2023

Last sale price $210,000 $107 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,493 / mo

13 Days on Market

Highlights

  • Mature Trees
  • Deck
  • Built-in Bookshelves
  • Franklin Central High School Rated A-
  • No HOA
  • Shed

About This Home

As of March 2023

If you need the extra space,,,,this home has it!!! Spacious Living Room with Built-in Bookcases and a Fireplace!! Large Kitchen with LOTS of Cabinets and a Breakfast Area. Separate Dining Room!!! Good Sized Bedrooms upstairs. Finished Basement with a Family Room and Rec Area. Pool Table to remain if wanted!! Privacy Fenced Backyard with Deck and a Firepit. Great Neighborhood with NO HOA!!!!

Last Agent to Sell the Property

Carl Culmann

Culmann Real Estate Group, LLC License #RB14036566 Listed on: 01/23/2023

Last Buyer's Agent

Tyler Angel

Keller Williams Indy Metro W

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 1975

Lot Details

  • 9,148 Sq Ft Lot
  • Back Yard Fenced
  • Mature Trees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Paddle Fans
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Fire Pit
  • Shed

Schools

  • Franklin Central Junior High

Utilities

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

Community Details

  • No Home Owners Association
  • Arlington Acres Subdivision

Listing and Financial Details

  • Tax Lot 268
  • Assessor Parcel Number 491503136030000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,574

Year Built

Built in 1975

Lot Details

9,148 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1975
  • Building Area Total: 2189
  • Garage Y N: Yes
  • Lot Size Acres: 0.21
  • Subdivision Name: Arlington Acres
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: culmannrealestate@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Oven, Gas Cooktop, Dishwasher, Gas Water Heater, Microwave, Refrigerator
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 391
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Paddle Fan
  • Living Area: 1955
  • Other Equipment: Smoke Alarm
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 889
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 675
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Exterior Features: Barn Mini, Outdoor Fire Pit
  • Foundation Details: Block, Full
  • Patio And Porch Features: Deck Main Level

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Sidewalks, Street Lights

Schools

  • Middle Or Junior School: Franklin Central Junior High

Lot Info

  • Lot Features: Fence Full Rear, Mature Trees, Sidewalks, Street Lights
  • Property Attached Yn: No
  • Lot Size Sq Ft: 9148
  • Parcel Number: 491503136030000300
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1574
  • Tax Lot: 268
  • Semi Annual Property Tax Amt: 787
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Feb 28, 2023
Sold by
Bought by
Seller's Agent
Carl Culmann
Culmann Real Estate Group, LLC
Buyer's Agent
Tyler Angel
Keller Williams Indy Metro W
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Current Estimated Value
$241,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,735
Avg. Annual Appreciation
4.34%
Original Mortgage
$206,196
Outstanding Balance
$198,333
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$43,402

Purchase Details

Listed on
Jan 23, 2023
Closed on
Feb 24, 2023
Sold by
Bought by
Seller's Agent
Carl Culmann
Culmann Real Estate Group, LLC
Buyer's Agent
Tyler Angel
Keller Williams Indy Metro W
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Outstanding Balance
$198,333
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$43,402

Purchase Details

Listed on
Oct 25, 2019
Closed on
Dec 20, 2019
Sold by
Bought by
Seller's Agent
Tanya Smythe
Smythe & Co, Inc
Buyer's Agent
David Pfender
List Price
$159,900
Sold Price
$156,000
Premium/Discount to List
-$3,900
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$148,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Security Title
$210,000 Security Title
$156,000 Meridian Title Corporation
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $206,196
Closed $206,196
Previous Owner $148,200
Previous Owner $112,917
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2023 03/02/23 Sold $210,000 -4.5% $107 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $220,000 +41.0% $113 / Sq Ft
12/20/2019 12/20/19 Sold $156,000 -0.6% $71 / Sq Ft View Prior Sale
11/19/2019 11/19/19 Pending -- -- --
11/13/2019 11/13/19 Price Changed $157,000 -1.8% $72 / Sq Ft
10/25/2019 10/25/19 For Sale $159,900 -- $73 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,270 $232,200 $25,300 $206,900
2024 $2,031 $227,000 $25,300 $201,700
2023 $2,031 $192,300 $25,300 $167,000
2022 $2,029 $192,300 $25,300 $167,000
2021 $1,757 $165,400 $25,300 $140,100
2020 $1,674 $157,300 $25,300 $132,000
2019 $1,519 $141,000 $16,200 $124,800
2018 $1,427 $132,100 $16,200 $115,900
2017 $1,413 $130,900 $16,200 $114,700
2016 $1,244 $114,400 $16,200 $98,200
2014 $1,171 $113,100 $16,200 $96,900
2013 $1,196 $115,400 $16,200 $99,200
Source: Public Records

Agents Affiliated with this Home

  • Carl Culmann

    Seller's Agent in 2023

    Carl Culmann

    Culmann Real Estate Group, LLC

    (317) 442-4282

    1 in this area

    46 Total Sales

    Carl Culmann
    Section Image

  • T

    Buyer's Agent in 2023

    Tyler Angel

    Keller Williams Indy Metro W

  • Tanya Smythe

    Seller's Agent in 2019

    Tanya Smythe

    Smythe & Co, Inc

    (317) 412-0968

    91 Total Sales

    Tanya Smythe
    Section Image
  • Michelle McClain

    Seller Co-Listing Agent in 2019

    Michelle McClain

    Smythe & Co, Inc

    (317) 691-4029

    1 in this area

    50 Total Sales

    Michelle McClain
    Section Image

  • D

    Buyer's Agent in 2019

    David Pfender

  • C

    Buyer's Agent in 2019

    Christine Pfender

    REALTY WORLD-Harbert Company

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21902358

MIBOR Broker Listing Cooperative®

APN: 49-15-03-136-030.000-300

Indiana Marion County Indianapolis 46237 South Emerson

5523 Pappas Dr, Indianapolis, IN

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® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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