NOT LISTED FOR SALE

5526 Gateridge Ln Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $171,000 - $183,037

2 Beds
2 Baths
1,234 Sq Ft
$160/mo HOA Fee

Last Sold May 31, 2024

Last sale price $185,000 $150 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,200/month

5 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Corner Lot
  • Franklin Central High School Rated A-
  • Separate Formal Living Room
  • Formal Dining Room

About This Home

As of May 2024

Stunning all-brick condo exuding model home charm. A cozy living room boasts a picturesque corner fireplace. The refined formal dining room seamlessly flows into a sun-soaked sunroom, creating an inviting ambiance. Step outside to relax on the screened patio or wood deck, surrounded by lush landscaping and vibrant flowers. This extended floor plan showcases numerous upgrades, including a security system, ceiling fans, washer, dryer, and all kitchen appliances. Adorable country kitchen, neutral color palette throughout. A delight to showcase with minimal maintenance fees.

Last Agent to Sell the Property

Greg Martin

G. Martin Realty Brokerage Email: greg@gmartinrealty.com License #RB14049356 Listed on: 05/07/2024

Last Buyer's Agent

Marcus Fillyaw

RE/MAX Advanced Realty License #RB20000930

RE/MAX Advanced Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $604

Year Built

  • Built in 2000

Lot Details

  • 1,742

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Patio Home
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,234 Sq Ft Home
  • Paddle Fans
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Window Screens
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • <<OvenToken>>
  • Electric Cooktop
  • <<builtInMicrowave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio

Schools

  • Franklin Central High School

Utilities

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

Additional Features

  • Handicap Accessible
  • Landscaped with Trees

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 491503152012000300

Community Details

Overview

  • Association fees include home owners, insurance, maintenance structure, snow removal
  • Ridgeview Commons Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$604

Year Built

Built in 2000

Lot Details

0

HOA Fees

$160 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2000
  • Building Area Total: 1234
  • Garage Y N: Yes
  • Subdivision Name: Ridgeview Commons
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Paired Patio
  • Unit Entry Level: 1
  • F H A Certified: Yes
  • MBR_AttributionContact: greg@gmartinrealty.com
  • Attribution Contact: greg@gmartinrealty.com
  • Special Features: None

Interior Features

  • Common Walls: End Unit
  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Microwave, Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Handicap Accessible Interior, Screens Complete, Storms Complete, Windows Vinyl, Paddle Fan, Eat-in Kitchen, Entrance Foyer, Pantry
  • Living Area: 1234
  • Main Level Bedrooms: 2
  • Other Equipment: Security Alarm Paid, Smoke Alarm
  • Areas Interior: Living Room Formal
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1234
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • List Price: 180000
  • Patio And Porch Features: Deck Main Level, Screened

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Sq Ft: 350

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 160
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Insurance, Maintenance Structure, Snow Removal

Lot Info

  • Lot Features: Corner Lot, Sidewalks, Street Lights, Trees-Small (Under 20 Ft)
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 491503152012000300
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 604
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 302

MLS Schools

  • High School: Franklin Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
May 31, 2024
Sold by
Yeager Vivian K and Schwomeyer Norman L
Bought by
Fortner Bonita S
Seller's Agent
Greg Martin
G. Martin Realty
Buyer's Agent
Marcus Fillyaw
RE/MAX Advanced Realty
List Price
$180,000
Sold Price
$185,000
Premium/Discount to List
$5,000
2.78%
Views
97
Current Estimated Value
$178,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,241
Avg. Annual Appreciation
-3.04%
Original Mortgage
$175,750
Outstanding Balance
$174,022
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$4,737

Purchase Details

Closed on
Oct 9, 2020
Sold by
Schwomeyer Katherine B
Bought by
Schwomeyer Katherine B and Yeager Vivian K

Purchase Details

Closed on
Jul 27, 2005
Sold by
Price Phillip L and Price Dixie L
Bought by
Schwomeyer Katherine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.01%
Mortgage Type
New Conventional
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
Fortner Bonita S $185,000 Chicago Title
Schwomeyer Katherine B -- None Listed On Document
Schwomeyer Katherine B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortner Bonita S $175,750
Previous Owner Schwomeyer Katherine B $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $185,000 +2.8% $150 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $180,000 -- $146 / 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 $586 $105,800 $19,700 $86,100
2023 $586 $105,800 $19,700 $86,100
2022 $690 $105,800 $19,700 $86,100
2021 $595 $98,800 $19,700 $79,100
2020 $434 $90,000 $19,700 $70,300
2019 $527 $91,800 $19,700 $72,100
2018 $537 $92,700 $19,700 $73,000
2017 $541 $92,300 $19,700 $72,600
2016 $553 $91,500 $19,700 $71,800
2014 $832 $105,500 $19,700 $85,800
2013 $878 $105,500 $19,700 $85,800
Source: Public Records

Agents Affiliated with this Home

  • Greg Martin

    Seller's Agent in 2024

    Greg Martin

    G. Martin Realty

    (317) 345-4655

    5 in this area

    115 Total Sales

    Greg Martin
    Section Image
  • Marcus Fillyaw

    Buyer's Agent in 2024

    Marcus Fillyaw

    RE/MAX Advanced Realty

    (785) 806-6405

    4 in this area

    41 Total Sales

    Marcus Fillyaw
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21977934

MIBOR Broker Listing Cooperative®

APN: 49-15-03-152-012.000-300

Indiana Marion County Indianapolis 46237 South Emerson

5526 Gateridge Ln, Indianapolis, IN

This home is located at 5526 Gateridge Ln, Indianapolis, IN 46237 since 07 May 2024 and is currently estimated at $178,759, approximately $144 per square foot. This property was built in 2000. 5526 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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